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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Braselton is a buyer's market

Buyer's
Market

Difference Since June 2023

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

Key Takeaway

Braselton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Braselton, GA

How much do homes in Braselton, GA cost?

Median Sold Price

$473,935

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$23,935(+5.3%)

Key Takeaway

Homes in Braselton have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in Braselton was $473,935 in June 2024, up 5.3% from last year, and the median price per square foot was $185.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 -$2.8M
N/A
2 $450K$499.9K
+11.1%
3 $355K$388.3K
+9.4%
4 $439.9K$477K
+8.4%
5+ $534.4K$584K
+9.3%

Summary: Braselton housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 9.3%.

Median Sold Price Compared To Nearby Cities

Dacula-Rocky Creek
+6.8%
Hoschton
+6.3%
Braselton
+6.0%
Braselton
+5.3%
West Jackson
+4.2%

Housing Supply in Braselton, GA

How many homes are available in Braselton, GA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
172205+19.2%

Summary: The Braselton real estate market had 205 homes for sale in June 2024, a 19.2% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 619
+216.7%
3 3328
-15.2%
4 5668
+21.4%
5+ 7790
+16.9%

Summary: The Braselton housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 216.7%, 3 bedroom homes decreased by 15.2%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 16.9%.

Number of Homes Sold

May 2024Jun 2024CHANGE
4222-47.6%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

3 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 22 homes were sold or pending in Braselton in June 2024, down by 47.6% month-over-month. Of the 22 sold homes, 50% were sold under asking, 36% were sold at asking, and 14% 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

Jun 2023Jun 2024CHANGE
33 Days46 Days+41.7%

Summary: Homes in Braselton had an average of 46 days on market in Jun 2024, up by 41.7% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

5 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 June 2024, 22 homes were sold in Braselton; 59% of homes were sold within 30 days, 18% 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 26 Days Ago

Newest Listings in Braselton, GA

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