Is Braselton, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Braselton was a Seller's Market.
Housing Prices in Braselton, GA
How much do homes in Braselton, GA cost?
Median Sold Price
$464,573
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Braselton was $464,573 in May 2024, up 3.1% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $2.8M | N/A |
2 Bedrooms | $448.9K | $499.9K | +11.4% |
3 Bedrooms | $361K | $382K | +5.8% |
4 Bedrooms | $440K | $456.5K | +3.8% |
5+ Bedrooms | $536K | $580K | +8.2% |
Summary: Braselton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.4%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 8.2%.
Median Sold Price Compared To Nearby Cities
Dacula-Rocky Creek | $441.8K | $464.3K | +5.1% |
Hoschton | $459.9K | $479.9K | +4.4% |
West Jackson | $429.2K | $444.9K | +3.6% |
Braselton | $450.7K | $464.5K | +3.1% |
Braselton | $446.9K | $460K | +2.9% |
Housing Supply in Braselton, GA
How many homes are available in Braselton, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
168 | 185 | +10.1% |
Summary: The Braselton real estate market had 185 homes for sale in May 2024, a 10.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 6 | 0.0% |
3 Bedrooms | 35 | 34 | -2.9% |
4 Bedrooms | 50 | 60 | +20.0% |
5+ Bedrooms | 77 | 85 | +10.4% |
Summary: The Braselton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 10.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
37 | 30 | -18.9% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Braselton in May 2024, down by 18.9% month-over-month. Of the 29 sold homes, 59% were sold under asking, 24% were sold at asking, and 17% were sold over asking.
Days on Market for Braselton, GA
How long does it take to sell a home in Braselton, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
45 Days | 64 Days | +41.6% |
Summary: Homes in Braselton had an average of 64 days on market in May 2024, up by 41.6% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 30 homes were sold in Braselton; 63% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.