FMLS Residential · neighborhood

Oaks At Cedar Grove

Neighborhood series. Most months are too thin for a median. 48 closings in the last 12 months. Use Fairburn as the pricing context.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 6 active · 0 under contract · 3 pending. Total residential listings by status: 9.

Data confidence: Moderate. 48 closings in the last 12 months. Usable if you stay on rolling periods and compare to the parent market.

12-month closings48Enough to sketch a range
12-month median$369,846Volume-weighted, not one month
12-month $/SF$183Better than the median here
Live active61.0 months of supply
12-month DOM4410.4% 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.

  • 48 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 Fairburn, then adjust for this subdivision’s size, age, and condition.
  • 6 homes are active right now. That live list is more useful than last month’s median. Homes for sale in Oaks At Cedar Grove, Fairburn →

Versus the FMLS footprint

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

Median price-2.7%$384,240 vs $395,000 FMLS-wide
$/SF-7.1%$173 vs $187 FMLS-wide
DOM-64%12 days vs 33 FMLS-wide
Sale/list+1.2 pts100.0% vs 98.8%
Seller-leaning

1.0 months of supply on last month’s pace (6 active ÷ 6 closings). 1.5 months on the trailing-12 pace (average 4 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 down 72% from a year ago.

Homes for sale in Oaks At Cedar Grove, Fairburn →

How homes actually closed

Based on 6 closings. One sale moves these percentages by 17 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 reduced0.0%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)0.503 pending ÷ 6 (active + under contract)
New / closed0.171 listed in 30 days vs 6 closed
Cooling

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

If you own in Oaks At Cedar Grove

Moderate confidence. 48 closings in the last 12 months.

  • Your subdivision is a competitive set, not a market index. The trailing-year median is $369,846.
  • Start with Fairburn, then adjust for lot, size, age, and condition.
  • 6 homes are competing with yours right now. That live list matters more than last month’s median. Homes for sale in Oaks At Cedar Grove, Fairburn →
  • Homes that sold in the last year took about 44 days. If you list, price to the 12-month $/SF ($183), not a single recent sale.

What this means if you are listing in Oaks At Cedar Grove

  • Price to the 12-month median and $/SF ($369,846, $183), not last month and not the FMLS-wide number. Then check it against Fairburn.
  • 1.0 months of supply on last month’s pace. Homes that sold in the last year took about 44 days. Longer than the 12-month DOM usually means the price is high.
  • 10.4% of the last 12 months’ closings were below list. 33.3% 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 Oaks At Cedar Grove, Fairburn →

What this means if you are making an offer

  • Well-priced homes can still move. Your better leverage is on homes that have sat.
  • 33.3% of the last year’s closings had already reduced. That is where the negotiation is.
  • Do not use the FMLS-wide median. Start with Fairburn, then this subdivision’s 12-month $/SF.
  • Last month had 6 closings. One sale does not make a market. Confirm on the live list. Homes for sale in Oaks At Cedar Grove, Fairburn →

Live inventory mix

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

Price bands

BandListedShare
$300–500k9100.0%

Property types

TypeListedMedian ask
Single Family Residence9$354,990

6 active, 0 under contract, 3 pending. 1 new in the last 30 days.

Median close price

Median close price · 2023-06 – 2026-09
2023-062026-09

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
Sep 20266$384,240$17312100.0%0.0%0.0%
Aug 20266$358,990$18725100.0%16.7%66.7%
Jul 20264$371,490$18627100.0%0.0%25.0%
Jun 20266$380,490$16432100.0%0.0%33.3%
Apr 20262$371,990$17964100.0%0.0%50.0%
Mar 20264$344,990$20525100.0%0.0%0.0%
Feb 20265$356,505$19854100.0%0.0%40.0%
Jan 20262$367,490$16911499.7%0.0%50.0%
Dec 20255$389,990$188102100.0%20.0%40.0%
Nov 20251$354,990$17813100.0%0.0%0.0%
Oct 20252$351,490$19638100.0%0.0%0.0%
Sep 20255$374,990$1725198.8%60.0%60.0%
Aug 20256$395,990$1734498.8%50.0%16.7%
Jul 20251$362,990$18253100.0%0.0%0.0%
Jun 20254$378,990$18947100.0%0.0%0.0%
May 20255$357,990$18153100.0%0.0%0.0%
Apr 20254$369,490$17946100.0%0.0%0.0%
Mar 20252$370,990$1817100.0%0.0%0.0%
Feb 20253$388,490$17694100.0%0.0%0.0%
Jan 20256$341,990$17720100.0%0.0%0.0%
Dec 20247$365,990$1894499.2%28.6%14.3%
Nov 20243$340,990$17127100.0%0.0%0.0%
Oct 20246$350,445$1803198.7%50.0%0.0%
Sep 20243$350,990$17211100.0%33.3%0.0%

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

Related markets

Fairburn city trends →

Homes for sale in Oaks At Cedar Grove, Fairburn → · ← FMLS report