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

$463,000

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$28,000(+6.4%)

Key Takeaway

Homes in Braselton have sold for 6.4% more than they did a year ago.

Summary: The median home sold price in Braselton was $463,000 in March 2024, up 6.4% from last year, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $324K$464.9K
+43.5%
3 $350K$365K
+4.3%
4 $422.2K$479K
+13.5%
5+ $559.9K$584K
+4.3%

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 43.5%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 13.5%, and 5+ bedroom homes increased by 4.3%.

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
135145+7.4%

Summary: The Braselton real estate market had 145 homes for sale in March 2024, a 7.4% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 85
-37.5%
3 3735
-5.4%
4 4346
+7.0%
5+ 4658
+26.1%

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 decreased by 5.4%, 4 bedroom homes increased by 7%, and 5+ bedroom homes increased by 26.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3532-8.6%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

10 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. 51.6% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in Braselton in March 2024, down by 8.6% month-over-month. Of the 31 sold homes, 52% were sold under asking, 32% were sold at asking, and 16% 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 Days53 Days+21.2%

Summary: Homes in Braselton had an average of 53 days on market in Mar 2024, up by 21.2% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

6 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, 32 homes were sold in Braselton; 44% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 19% 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

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