Residential · neighborhood

Westwood Terrace market report

Neighborhood series. Most months are too thin for a median. 14 closings in the last 12 months. Use Smyrna as the pricing context.

Closed sales through 2026-08. Live inventory is a current snapshot, not the closed month. 0 active · 0 under contract · 2 pending. Total residential listings by status: 2.

Data confidence: Low. 14 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 closings14Enough to sketch a range
12-month median$462,270Volume-weighted, not one month
12-month $/SF$192Better than the median here
Live active00.0 months of supply
12-month DOM3542.9% 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.

  • 14 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 Smyrna, then adjust for this subdivision’s size, age, and condition.
  • 0 homes are active right now. That live list is more useful than last month’s median. Homes for sale in Westwood Terrace, Smyrna →

Versus the broader market

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

Median price+15.2%$455,000 vs $395,000 market-wide
$/SF+2.9%$191 vs $186 market-wide
DOM+241%116 days vs 34 market-wide
Sale/list+3.6 pts102.2% vs 98.7%
Seller-leaning

0.0 months of supply on last month’s pace (0 active ÷ 1 closings). 0.0 months on the trailing-12 pace (average 1 closings a month). These are different windows.Sellers have leverage on well-priced homes. 0.0% of last month’s closings were below list. Days on market are up 127% from a year ago.

Homes for sale in Westwood Terrace, Smyrna →

How homes actually closed

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

Above list100.0%More than 1% over list
At list0.0%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.

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 Westwood Terrace

Low confidence. 14 closings in the last 12 months.

  • Your subdivision is a competitive set, not a market index. The trailing-year median is $462,270.
  • Start with Smyrna, then adjust for lot, size, age, and condition.
  • 0 homes are competing with yours right now. That live list matters more than last month’s median. Homes for sale in Westwood Terrace, Smyrna →
  • Homes that sold in the last year took about 35 days. If you list, price to the 12-month $/SF ($192), not a single recent sale.

What this means if you are listing in Westwood Terrace

  • Price to the 12-month median and $/SF ($462,270, $192), not last month and not the market-wide number. Then check it against Smyrna.
  • 0.0 months of supply on last month’s pace. Homes that sold in the last year took about 35 days. Longer than the 12-month DOM usually means the price is high.
  • 42.9% of the last 12 months’ closings were below list. 21.4% 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, Smyrna →

What this means if you are making an offer

  • Well-priced homes can still move. Your better leverage is on homes that have sat.
  • 21.4% of the last year’s closings had already reduced. That is where the negotiation is.
  • Do not use the market-wide median. Start with Smyrna, 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, Smyrna →

Live inventory mix

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

Price bands

BandListedShare
$300–500k2100.0%

Property types

TypeListedMedian ask
Townhouse2$425,000

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

Median close price

Median close price · 2021-11 – 2026-08
2021-112026-08

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
Aug 20261$455,000$191116102.2%0.0%100.0%
Jul 20262$448,950$188899.8%50.0%0.0%
Mar 20261$475,000$199299.0%100.0%0.0%
Jan 20261$474,900$19521100.0%0.0%0.0%
Dec 20252$463,500$1936899.7%50.0%50.0%
Nov 20251$436,082$1792597.0%100.0%0.0%
Oct 20251$475,000$19934100.0%0.0%0.0%
Jun 20251$470,000$1979100.0%0.0%0.0%
May 20251$465,900$19110100.0%0.0%0.0%
Mar 20251$465,000$1951197.9%100.0%0.0%
Feb 20251$465,000$1956699.1%0.0%100.0%
Sep 20241$465,000$1913999.0%100.0%0.0%
Jul 20241$465,000$19351100.0%0.0%100.0%
Jun 20241$460,000$18964100.0%0.0%100.0%
Apr 20241$475,000$1993100.0%0.0%0.0%
Mar 20241$470,000$1971101.1%0.0%0.0%
Nov 20231$469,900$19713100.0%0.0%0.0%
Aug 20231$471,000$1981799.2%0.0%0.0%
Jul 20231$461,000$1922197.1%100.0%0.0%
Mar 20231$471,000$19843100.2%0.0%100.0%
Dec 20221$462,500$1901898.4%100.0%100.0%
Aug 20221$480,000$2023399.0%100.0%100.0%
Jun 20221$466,777$1943102.6%0.0%0.0%
May 20222$487,450$2024104.2%0.0%0.0%

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

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