Chamblee has come a long way in being a desirable ITP neighborhood/city! Between new retail as well as single family and townhome construction, there are many housing options available here. Let’s “take it’s pulse!” So let’s look at the Chamblee Real Estate Market Report October 2018.
Please note: In preparing this report, we used data from FMLS (First Multiple Listing Service) and searched by the city name, “Chamblee.” As a result, some homes on this report are not within the actual city limits of Chamblee, but were listed with Chamblee as the city address, most likely because of a zip code assignment.
First, a look at the condominium/townhome market. Chamblee only has a few condominium options, but there are numerous new townhome developments.
For October, there were 46 active listings, ranging from a 2-bedroom condo at Eco Lofts at $280,000 to a 4-bedroom at The Bristol for $859,900. (The Bristol is the new, under construction development in Downtown Chamblee) In the chart below, you can see the average days on market to be 71, but a listing at Peachtree Creek Township seems to have been on the market for 157 days!
Just 9 listings were Under Contract, and ranged from $139,850 at Henderson Mill (not in Chamblee City Limits) to $491,497 at Townsend at Chamblee.
Only 5 homes sold (or closed) in October in Chamblee. They ranged in price from $210,000 at Elem Street Townhomes to a 4-bedroom at Peachtree Creek Township at $437,988.
In the Single-family market in Chamblee, there were 32 homes listed For Sale. The ranged from $289,900 for a 3-bedroom in Beverly Woods to $975,000 in Keswick Village for a new construction 4-bedroom, 4-bath home.
There were 13 homes Under Contract ranging in price from $275,000 in Huntley Hills to $825,000, also in Huntley Hills, but a 5-bedroom new construction home.
9 homes sold, or closed in October, ranging from $240,000 in Nottaway to $579,000 in Harts Place.
Keep in mind, this Market Report is a “snapshot moment in time” of what is happening in the market, and is a view at, say 30,000 feet. What may be happening with sales and prices in your condominium building could be much different that what is selling across the street. And the same is true for single family homes as well.
If you are looking to Buy or Sell a home in Chamblee, MyMidtownMojo.com can help! We have lived in the Chamblee/Doraville area for some 20+ years, so we are very familiar with the area!
Selling? Do you want to sell your Chamblee single family home or condominium? Call us today at 770.713.1505 to schedule a free market analysis of your home. Or, complete our Seller Information Form and we will be in touch with you!
Buying? Are you looking to buy a Chamblee home or condo? We can set up specific searches for you based on price, building or other specifics you may be looking for. In a competitive Seller’s Market, we can alert you of new listings within minutes of them hitting the market! Just complete out Buyer Information Form, or let’s schedule a time to talk about what you are looking for!
Contact MyMidtownMojo and Thomas Ramon Realty@Palmer House Properties at 770.713.1505 or Info@MyMidtownMojo.com for all your Chamblee real estate needs!