Is Big Creek, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Big Creek has remained a Seller's Market.
Housing Prices in Big Creek, GA
How much do homes in Big Creek, GA cost?
Median Sold Price
$706,062
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Big Creek was $706,062 in March 2024, up 8.6% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $323K | N/A |
2 Bedrooms | $405K | $445K | +9.9% |
3 Bedrooms | $470K | $506K | +7.7% |
4 Bedrooms | $616K | $660K | +7.1% |
5+ Bedrooms | $800K | $890.2K | +11.3% |
Summary: Big Creek housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 11.3%.
Median Sold Price Compared To Nearby Cities
Alpharetta | $626.6K | $702.4K | +12.1% |
Big Creek | $650K | $706K | +8.6% |
Suwanee-Duluth | $467.4K | $506.9K | +8.4% |
Roswell-Alpharetta | $625.7K | $674.7K | +7.8% |
Johns Creek | $625K | $663.6K | +6.2% |
Housing Supply in Big Creek, GA
How many homes are available in Big Creek, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
252 | 282 | +11.9% |
Summary: The Big Creek real estate market had 282 homes for sale in March 2024, a 11.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 5 | -44.4% |
3 Bedrooms | 71 | 64 | -9.9% |
4 Bedrooms | 49 | 65 | +32.7% |
5+ Bedrooms | 123 | 148 | +20.3% |
Summary: The Big Creek housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 44.4%, 3 bedroom homes decreased by 9.9%, 4 bedroom homes increased by 32.7%, and 5+ bedroom homes increased by 20.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
72 | 95 | +31.9% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
54 Homes Were Sold
Over Asking
Summary: A total of 95 homes were sold or pending in Big Creek in March 2024, up by 31.9% month-over-month. Of the 92 sold homes, 32% were sold under asking, 10% were sold at asking, and 59% were sold over asking.
Days on Market for Big Creek, GA
How long does it take to sell a home in Big Creek, GA?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
25 Days | 16 Days | -36.7% |
Summary: Homes in Big Creek had an average of 16 days on market in Mar 2024, down by 36.7% compared to last year.
Breakdown of Home Sale Times
80 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During March 2024, 95 homes were sold in Big Creek; 84% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.