Is Chamblee, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Chamblee has remained a Seller's Market.
Housing Prices in Chamblee, GA
How much do homes in Chamblee, GA cost?
Median Sold Price
$638,750
$315/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Chamblee was $638,750 in May 2024, up 10.1% from last year, and the median price per square foot was $315.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $247.9K | $240K | -3.2% |
2 Bedrooms | $343K | $335K | -2.3% |
3 Bedrooms | $570K | $633.7K | +11.2% |
4 Bedrooms | $640K | $662.5K | +3.5% |
5+ Bedrooms | $1.2M | $1.3M | +6.1% |
Summary: Chamblee housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.2%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes increased by 6.1%.
Median Sold Price Compared To Nearby Cities
Chamblee | $580K | $638.7K | +10.1% |
Chamblee-Doraville | $589K | $624K | +5.9% |
Doraville | $380K | $390K | +2.6% |
Housing Supply in Chamblee, GA
How many homes are available in Chamblee, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
45 | 37 | -17.8% |
Summary: The Chamblee real estate market had 37 homes for sale in May 2024, a 17.8% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 0 | -100.0% |
2 Bedrooms | 15 | 14 | -6.7% |
3 Bedrooms | 15 | 11 | -26.7% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Chamblee housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 6.7%, 3 bedroom homes decreased by 26.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
18 | 8 | -55.6% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Chamblee in May 2024, down by 55.6% month-over-month. Of the 8 sold homes, 38% were sold under asking, 38% were sold at asking, and 25% were sold over asking.
Days on Market for Chamblee, GA
How long does it take to sell a home in Chamblee, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
10 Days | 35 Days | +251.3% |
Summary: Homes in Chamblee had an average of 35 days on market in May 2024, up by 251.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in Chamblee; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.