44 new real estate properties in Decatur, Georgia have been added to Ofirio in the last 7 days.
Of those new properties:
Decatur, Georgia has a low demand for real estate. This is determined by the difference between the list price and the closed price, which on average is 2% lower than than the list price. The demand for luxury real estate is higher than the demand for “Under $200k” real estate by 4%. Homes in Decatur, Georgia are on the market for 80 days, on average among all of our listings.
This week the following real estate properties became available for sale:
The biggest change in price is in the 5 Beds segment and it is 168% ($522,117) more than the week prior.
The average closing price for real estate in Decatur Georgia has grown by 6% from the last week, which amounted to $376,200.
As of January 2023 Decatur, GA is a seller market which means homes sell faster at a higher price. In January 2023, 26 homes (39.4%) sold at asking price, 31 homes (47.0%) sold below asking price, and 9 homes (13.6%) were sold above asking price. If purchasing a home there is little room to negotiate the price.
The median home price increased by 75.2% from $157,000 in January 2022 to $274,990 in January 2023. The number of homes sold in Decatur, GA has increased by 6200.0% over the last year from 1 in January 2022 to 63 homes in January 2023.
Homes in Decatur, GA have sold for 38.9% more per ft² than they did a year ago. As of January 2023 the average price per square foot is $159.
Decatur, Georgia is generally considered a good place to live. It is a suburb of Atlanta, with a strong sense of community and a high quality of life. The city has a historic downtown area with restaurants, shops, and parks, as well as good schools and a variety of housing options. Homes for sale in Decatur average at about $327k, which is above the Georgia average, and indicates a strong market. Additionally, this area is also known for its diverse population and progressive culture.
Decatur, Georgia is known for its historic downtown area, which features a variety of locally owned restaurants, shops, and parks. Other draws to this city include its tightly-knit community, progressive culture, and overall high quality of life. Exceptional school systems, walkable streets, and easy access into Atlanta keep the Decatur real estate market competitive and home values high. Additionally, the Decatur Book Festival is one of the largest independent book festivals in the country, and attracts an abundance of visitors to this friendly city. Overall, Decatur is a fun city with a lot to offer.
Decatur, Georgia is generally considered to be a good place to raise a family. To start, the city is known for its progressive culture, strong sense of community and family-orientation. Residents here will find an abundance of family-friendly activities, which include a variety of local parks, playgrounds, and recreational facilities. The city also offers several great school systems, which include Decatur High School and Agnes Scott College. Additionally, the Decatur real estate market is stable, and homes for sale in Decatur typically average at about $327k. With easy access to Atlanta, Decatur is also ideal for families in need of a quick commute into the big city.
Decatur is considered a good part of the Atlanta metropolitan area. Located about 6 miles east of the city center, this city is known for its historic downtown area, which features a variety of locally owned restaurants, shops, and public parks. Residents of this area will find a progressive local culture, strong sense of community, and diverse population – all of which keep Decatur a popular choice among families. The city is also home to great school systems, including Decatur High School and Agnes Scott College, and is highly walkable. Additionally, the Decatur real estate market is stable, and homes for sale in Decatur typically average at about $327k. Overall, Decatur is a good part of Atlanta for those who prefer a suburban area with easy access into the city.