Residential · neighborhood

Cherry Glen market report

Neighborhood series. Most months are too thin for a median. 28 closings in the last 12 months. Use Euharlee as the pricing context.

Closed sales through 2026-10. Live inventory is a current snapshot, not the closed month. 5 active · 0 under contract · 2 pending. Total residential listings by status: 7.

Data confidence: Low. 28 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 closings28Enough to sketch a range
12-month median$361,139Volume-weighted, not one month
12-month $/SF$151Better than the median here
Live active55.0 months of supply
12-month DOM11125.0% 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.

  • 28 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 Euharlee, then adjust for this subdivision’s size, age, and condition.
  • 5 homes are active right now. That live list is more useful than last month’s median. Homes for sale in Cherry Glen, Euharlee →

Versus the broader market

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

Median price-20.3%$315,000 vs $395,000 market-wide
$/SF-7.8%$171 vs $186 market-wide
DOM+291%133 days vs 34 market-wide
Sale/list-6.0 pts92.6% vs 98.7%
Balanced

5.0 months of supply on last month’s pace (5 active ÷ 1 closings). 2.1 months on the trailing-12 pace (average 2 closings a month). These are different windows.Balanced. Buyers have choices; well-priced homes still close close to list. 100.0% of last month’s closings were below list. Days on market are down 30% from a year ago.

Homes for sale in Cherry Glen, Euharlee →

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 list0.0%Within 1% of list
Below list100.0%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)0.402 pending ÷ 5 (active + under contract)
New / closed0.000 listed in 30 days vs 1 closed
Cooling

Closed sales are taking longer or reducing more often. Seller pressure is rising.

If you own in Cherry Glen

Low confidence. 28 closings in the last 12 months.

  • Your subdivision is a competitive set, not a market index. The trailing-year median is $361,139.
  • Start with Euharlee, then adjust for lot, size, age, and condition.
  • 5 homes are competing with yours right now. That live list matters more than last month’s median. Homes for sale in Cherry Glen, Euharlee →
  • Homes that sold in the last year took about 111 days. If you list, price to the 12-month $/SF ($151), not a single recent sale.

What this means if you are listing in Cherry Glen

  • Price to the 12-month median and $/SF ($361,139, $151), not last month and not the market-wide number. Then check it against Euharlee.
  • 5.0 months of supply on last month’s pace. Homes that sold in the last year took about 111 days. Longer than the 12-month DOM usually means the price is high.
  • 25.0% of the last 12 months’ closings were below list. 60.7% 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 Cherry Glen, Euharlee →

What this means if you are making an offer

  • Well-priced homes can still move. Your better leverage is on homes that have sat.
  • 60.7% of the last year’s closings had already reduced. That is where the negotiation is.
  • Do not use the market-wide median. Start with Euharlee, 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 Cherry Glen, Euharlee →

Live inventory mix

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

Price bands

BandListedShare
Under $300k114.3%
$300–500k685.7%

Property types

TypeListedMedian ask
Single Family Residence7$382,990

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

Median close price

Median close price · 2024-05 – 2026-10
2024-052026-10

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$315,000$17113392.6%100.0%100.0%
Jun 20263$365,990$12213098.9%66.7%100.0%
May 20261$380,000$12111195.0%100.0%0.0%
Apr 20262$338,922$1519898.0%50.0%100.0%
Feb 20262$406,483$138n/a100.0%0.0%0.0%
Dec 20253$345,864$1821100.0%0.0%0.0%
Oct 20254$371,240$14015599.0%50.0%50.0%
Sep 20255$357,990$147129100.0%0.0%80.0%
Aug 20252$335,240$15017599.6%0.0%100.0%
Jun 20251$334,990$182198100.0%0.0%100.0%
May 20252$331,990$1929599.3%0.0%100.0%
Apr 20252$423,075$1443199.6%0.0%0.0%
Mar 20251$329,990$191189100.0%0.0%100.0%
Dec 20248$365,126$137208100.0%25.0%50.0%
Oct 20243$350,000$202168100.0%33.3%66.7%
Sep 20243$359,990$12919499.4%33.3%100.0%
Aug 20241$351,500$15618699.9%0.0%100.0%
May 20242$412,249$18115399.0%50.0%50.0%

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

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