Is Braselton, 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, Braselton has remained a Seller's Market.
Housing Prices in Braselton, GA
How much do homes in Braselton, GA cost?
Median Sold Price
$464,395
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Braselton was $464,395 in March 2024, up 3.2% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $333K | $499.9K | +50.1% |
3 Bedrooms | $350K | $375K | +7.1% |
4 Bedrooms | $435K | $479K | +10.1% |
5+ Bedrooms | $597.5K | $575.8K | -3.6% |
Summary: Braselton 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 50.1%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes decreased by 3.6%.
Median Sold Price Compared To Nearby Cities
Braselton | $435K | $463K | +6.4% |
Hoschton | $459.5K | $474.5K | +3.3% |
Braselton | $450K | $464.3K | +3.2% |
Dacula-Rocky Creek | $441.4K | $453.5K | +2.8% |
West Jackson | $439.8K | $444.6K | +1.1% |
Housing Supply in Braselton, GA
How many homes are available in Braselton, GA?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
155 | 164 | +5.8% |
Summary: The Braselton real estate market had 164 homes for sale in March 2024, a 5.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 8 | 5 | -37.5% |
3 Bedrooms | 44 | 45 | +2.3% |
4 Bedrooms | 49 | 48 | -2.0% |
5+ Bedrooms | 53 | 65 | +22.6% |
Summary: The Braselton 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 37.5%, 3 bedroom homes increased by 2.3%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 22.6%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 35 | -7.9% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Braselton in March 2024, down by 7.9% month-over-month. Of the 34 sold homes, 50% were sold under asking, 35% were sold at asking, and 15% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
43 Days | 52 Days | +20.0% |
Summary: Homes in Braselton had an average of 52 days on market in Mar 2024, up by 20% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During March 2024, 35 homes were sold in Braselton; 46% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.