Market report, updated

Market Report

Search in the subdivision of Margate

Myrakibler.com
Report prepared by Myrakibler.com
Myrakibler.com logo

Market at a glance

Over the last 6 months, homes sold for 96.5% of list price in 55 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $724K Sold · $699K
$810K$770K$730K$690K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 1 sale in Jan. Last month: 1.

Where the market stands

All homes in this report, by status.

5homes
Active4 · 80%
Sold (6 mo)1 · 20%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

24.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$709K
Sold$699K

Average days on market

Active52 days
Sold55 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 4
Average list price $708,725
Avg. days on market 52 days
Avg. price per ft² $201 Based on 3 of 4 homes
Avg. living area 3,502 ft² Based on 3 of 4 homes
Avg. beds / baths 4.5 / 3.2

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

1 home didn’t report living area and isn’t shown.

$900K$600K$300K$0

Price vs. living area: 3 homes plotted, up to $900K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 3 homes in this status.

2310 Melrose Trace$239
2125 Melrose Trace$184
2530 Wellsley Lane$182

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2310 Melrose TraceCumming, GA 30041 433,024$725,000$2397 days
2125 Melrose TraceCumming, GA 30041 433,117$575,000$18428 days
2420 Bexford ViewCumming, GA 30041 53—$739,900—70 days
2530 Wellsley LaneCumming, GA 30041 544,367$795,000$182105 days
Myrakibler.com

Questions about this market?

Myrakibler.com logo

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

Myrakibler.com

Next steps

How much is your home worth?

...get instant property value now!

Free and instant. We can follow up with a detailed valuation.

© 2026 Georgia MLS. All rights reserved. Information Deemed Reliable But Not Guaranteed.