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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brookhaven is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, Brookhaven has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Brookhaven, GA

How much do homes in Brookhaven, GA cost?

Median Sold Price

$925,000

$299/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$115,000(+14.2%)

Key Takeaway

Homes in Brookhaven have sold for 14.2% more than they did a year ago.

Summary: The median home sold price in Brookhaven was $925,000 in March 2024, up 14.2% from last year, and the median price per square foot was $299.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $472K$427K
-9.5%
2 $250K$245K
-2.0%
3 $755K$630K
-16.6%
4 $2.4M$1.1M
-54.9%
5+ $2.5M$2.2M
-13.5%

Summary: Brookhaven housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.5%, 2 bedroom homes decreased by 2%, 3 bedroom homes decreased by 16.6%, 4 bedroom homes decreased by 54.9%, and 5+ bedroom homes decreased by 13.5%.

Housing Supply in Brookhaven, GA

How many homes are available in Brookhaven, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1317+30.8%

Summary: The Brookhaven real estate market had 17 homes for sale in March 2024, a 30.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 12
+100.0%
3 23
+50.0%
4 44
0.0%
5+ 57
+40.0%

Summary: The Brookhaven 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 increased by 100%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brookhaven, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Brookhaven in March 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.

Days on Market for Brookhaven, GA

How long does it take to sell a home in Brookhaven, GA?

Average Sale Time

Mar 2023Mar 2024CHANGE
43 Days16 Days-62.8%

Summary: Homes in Brookhaven had an average of 16 days on market in Mar 2024, down by 62.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 1 homes were sold in Brookhaven; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 22 Days Ago

Newest Listings in Brookhaven, GA

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