Is Braselton, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Braselton is a neutral's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Braselton was a Seller's Market.

Key Takeaway

Braselton is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

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

+$13,803(+3.1%)

Key Takeaway

Homes in Braselton have sold for 3.1% more than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 -$2.8M
N/A
2 $448.9K$499.9K
+11.4%
3 $361K$382K
+5.8%
4 $440K$456.5K
+3.8%
5+ $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
+5.1%
Hoschton
+4.4%
West Jackson
+3.6%
Braselton
+3.1%
Braselton
+2.9%

Housing Supply in Braselton, GA

How many homes are available in Braselton, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
168185+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

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 66
0.0%
3 3534
-2.9%
4 5060
+20.0%
5+ 7785
+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 2024May 2024CHANGE
3730-18.9%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Braselton, you may be able to get a good deal. 58.6% of homes here sold below asking price last month.

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 2023May 2024CHANGE
45 Days64 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Braselton are selling fast, if you're buying plan to act quickly.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 13 Days Ago

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