Residential · neighborhood

Westwood Terrace market report

Neighborhood series. Most months are too thin for a median. 15 closings in the last 12 months. Use Atlanta as the pricing context.

Closed sales through 2026-10. Live inventory is a current snapshot, not the closed month. 7 active · 0 under contract · 0 pending. Total residential listings by status: 7.

Data confidence: Low. 15 closings in the last 12 months. Too thin for a monthly read. Use live inventory and the surrounding market.

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12-month closings15Enough to sketch a range
12-month median$337,910Volume-weighted, not one month
12-month $/SF$207Better than the median here
Live active77.0 months of supply
12-month DOM5940.0% below list

How to read a neighborhood

A subdivision with a handful of sales a year cannot support the same report as a ZIP or a school. The numbers below are a trailing year, not a monthly market.

  • 15 homes closed here in the last 12 months. That is enough to sketch a price range.
  • Ignore a single month’s median. One luxury sale or one starter home moves it by six figures.
  • Price off Atlanta, then adjust for this subdivision’s size, age, and condition.
  • 7 homes are active right now. That live list is more useful than last month’s median. Homes for sale in Westwood Terrace, Atlanta →

Versus the broader market

Latest closed month only, not the 12-month figure above. The Georgia footprint is the macro context.

Median price-5.1%$375,000 vs $395,000 market-wide
$/SF+9.2%$203 vs $186 market-wide
DOM+24%42 days vs 34 market-wide
Sale/list+1.3 pts100.0% vs 98.7%
Buyer-leaning

7.0 months of supply on last month’s pace (7 active ÷ 1 closings). 5.6 months on the trailing-12 pace (average 1 closings a month). These are different windows.Buyers have more room, especially on homes that have sat past 30 days. 0.0% of last month’s closings were below list. Days on market are down 76% from a year ago.

Homes for sale in Westwood Terrace, Atlanta →

How homes actually closed

Based on 1 closings. One sale moves these percentages by 100 points. Read the direction, not the exact share.

Above list0.0%More than 1% over list
At list100.0%Within 1% of list
Below list0.0%More than 1% under list
Price reduced100.0%Original list higher than final

Leading signals

These move before closed prices. Use them to see if the next 30–60 days look tighter or looser than last month’s closings.

Pending / (active + under contract)0.000 pending ÷ 7 (active + under contract)
New / closed2.002 listed in 30 days vs 1 closed
Loosening

More homes are coming on than are selling. If pendings do not pick up, sellers lose leverage.

If you own in Westwood Terrace

Low confidence. 15 closings in the last 12 months.

  • Your subdivision is a competitive set, not a market index. The trailing-year median is $337,910.
  • Start with Atlanta, then adjust for lot, size, age, and condition.
  • 7 homes are competing with yours right now. That live list matters more than last month’s median. Homes for sale in Westwood Terrace, Atlanta →
  • Homes that sold in the last year took about 59 days. If you list, price to the 12-month $/SF ($207), not a single recent sale.

What this means if you are listing in Westwood Terrace

  • Price to the 12-month median and $/SF ($337,910, $207), not last month and not the market-wide number. Then check it against Atlanta.
  • 7.0 months of supply on last month’s pace. Homes that sold in the last year took about 59 days. Longer than the 12-month DOM usually means the price is high.
  • 40.0% of the last 12 months’ closings were below list. 46.7% had already reduced. Read that as a year, not as last month’s three sales.
  • The live list is the competition. Homes for sale in Westwood Terrace, Atlanta →

What this means if you are making an offer

  • Supply is elevated at 7.0 months. You have room, especially on homes past 59 days.
  • 46.7% of the last year’s closings had already reduced. That is where the negotiation is.
  • Do not use the market-wide median. Start with Atlanta, then this subdivision’s 12-month $/SF.
  • Last month had 1 closings. One sale does not make a market. Confirm on the live list. Homes for sale in Westwood Terrace, Atlanta →

Live inventory mix

Current listings by price band and property type. Where the competition actually is right now.

Price bands

BandListedShare
Under $300k342.9%
$300–500k342.9%
$500–750k114.3%

Property types

TypeListedMedian ask
Single Family Residence7$339,900

7 active, 0 under contract, 0 pending. 2 new in the last 30 days.

Median close price

Median close price · 2021-12 – 2026-10
2021-122026-10

Monthly series

Most recent months first. Neighborhood medians show with 1+ closings. One sale moves the number; use the 12-month figure for context.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Oct 20261$375,000$20342100.0%0.0%100.0%
Sep 20261$399,900$179107100.0%0.0%100.0%
Aug 20261$278,000$2345101.1%0.0%0.0%
Jul 20261$245,000$17211098.0%100.0%100.0%
Jun 20262$385,000$22213598.0%50.0%50.0%
May 20262$290,000$2406093.8%50.0%50.0%
Apr 20261$450,000$15715598.9%100.0%100.0%
Mar 20261$615,000$237698.4%100.0%0.0%
Feb 20261$190,000$1487102.7%0.0%0.0%
Dec 20251$349,999$1892102.9%0.0%0.0%
Nov 20252$327,875$2792799.4%50.0%50.0%
Sep 20251$160,000$10615100.1%0.0%0.0%
Aug 20252$250,000$20317590.4%100.0%50.0%
Aug 20242$380,000$2233597.2%100.0%50.0%
Apr 20241$390,000$23630101.4%0.0%0.0%
Mar 20241$415,000$2913110.7%0.0%0.0%
Oct 20231$455,000$2482896.8%100.0%0.0%
Aug 20231$422,000$2075498.4%100.0%100.0%
Jul 20231$470,000$21426100.0%0.0%100.0%
May 20231$515,000$1917296.3%100.0%100.0%
Jan 20231$230,000$1443397.9%100.0%100.0%
Aug 20221$475,000$1778100.0%0.0%0.0%
Jul 20221$464,000$2319106.7%0.0%0.0%
Jun 20222$307,500$2375102.7%0.0%0.0%

Below = closed under 99% of list. Reduced = original list higher than final list.

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