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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Braselton is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Braselton has remained a Seller's Market.

Key Takeaway

Braselton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

+$14,395(+3.2%)

Key Takeaway

Homes in Braselton have sold for 3.2% more than they did a year ago.

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

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $333K$499.9K
+50.1%
3 $350K$375K
+7.1%
4 $435K$479K
+10.1%
5+ $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
+6.4%
Hoschton
+3.3%
Braselton
+3.2%
Dacula-Rocky Creek
+2.8%
West Jackson
+1.1%

Housing Supply in Braselton, GA

How many homes are available in Braselton, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
155164+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

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 85
-37.5%
3 4445
+2.3%
4 4948
-2.0%
5+ 5365
+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 2024Mar 2024CHANGE
3835-7.9%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Braselton, you may be able to get a good deal. 50% of homes here sold below asking price last month.

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 2023Mar 2024CHANGE
43 Days52 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 24 Days Ago

Newest Listings in Braselton, GA

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