Oakhurst - Decatur Real Estate

You hear the horror stories on the evening news.  What is really happening in your neighborhood?  First of all, the Oakhurst market data for 2007 was VERY promising.  Homes on average were only on the market for 69 days, up just slightly from 59 days in 2006.

Oakhurst home values -- comparing 2006 vs 2007

Average Sale Price in 2006 = $313,096

Average Sale Price in 2007 = $376,777 (up 17%)

The 17% increase is partially due to the new construction homes in Oakhurst, which command a price of $550,000 to $900,000.  To give you a better picture, let's compare the sales of the typical 3 bedroom / 2 bath home:

Average Sale Price of a 3 bed / 2 bath  in 2006 = $302,994

Average Sale Price of a 3 bed / 2 bath in 2007 = $345,478 (up 12.2%)

In 2008, Oakhurst is also off to a great start:

# of Homes on the Market = 55   (range in price $180k - $789K)

# of Homes Under Contract = 9

# of Homes Sold = 4  (average price of $318,250)

If you would like to see all of the available homes for sale in Oakhurst, please visit:

www.inOAKHURSTga.com

To search for real estate by Intown Atlanta Neighborhoods, go to:

www.ATLhomesearch.com/neighborhoods.html

 I live and work in Oakhurst and would be happy to answer any questions you may have about the neighborhood.  Call me anytime at 404.432.1844.

Thank you!

REALTOR, Keller Williams