Oakhurst (in Decatur, Georgia) prices down 7% in 2008
Oakhurst, a neighborhood located in the southeast corner of Decatur, Georgia (30030 zip code) is a close-knit community that was built around the Scottish Rite Hospital. Now, around Harmony Park in the central area of Oakhurst there are restaurants such as Mojo’s Pizza, Kavarna Coffee House, Universal Joint and The Matador Mexican Cantina. It’s a fun neighborhood that families love to pack up their strollers and walk to from neighboring areas like Kirkwood and East Lake.
Although Oakhurst is still an area targeted by young professionals it has not been immune to the current real estate shift.
In 2006 the neighborhood experienced 102 sales. Their average sales price was $317,416. On average, it took 54 days for these homes to sell.
In 2007 there were 98 sales (a 4% decrease). Their average sales price jumped 15% up to $373,791. On average, it took 69 days to sell a home.
The most current data we have shows that, in 2008, there were only 74 sales in Oakhurst and the average sales price decreased by 7% to $349,430.
We have experience and the most up-to-date data and statistics regarding the economics of Decatur, Georgia real estate. Give us a call if you have a question or would like to see more of our most recent Oakhurst statistics.
Kelly Allen
404-606-2219 mobile
Keller Williams Realty Premier Atlanta
404-969-1600 office
www.KellySellsAtlanta.com
