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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brookhaven is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Brookhaven, GA

How much do homes in Brookhaven, GA cost?

Median Sold Price

$360,000

$219/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$20,000(-5.3%)

Key Takeaway

Homes in Brookhaven have sold for 5.3% less than they did a year ago.

Summary: The median home sold price in Brookhaven was $360,000 in April 2024, down 5.3% from last year, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $355K$356.5K
0.4%
4 $386K$385K
-0.3%
5+ $425K-
N/A

Summary: Brookhaven housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 0.4%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Piedmont Hills
+2.8%
Brookhaven
-5.3%

Housing Supply in Brookhaven, GA

How many homes are available in Brookhaven, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
59+80.0%

Summary: The Brookhaven real estate market had 9 homes for sale in April 2024, a 80.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 34
+33.3%
4 25
+150.0%
5+ 00
0.0%

Summary: The Brookhaven housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
02+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Brookhaven in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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

Apr 2023Apr 2024CHANGE
4 Days2 Days-37.5%

Summary: Homes in Brookhaven had an average of 2 days on market in Apr 2024, down by 37.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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 April 2024, 2 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 5 Days Ago

Newest Listings in Brookhaven, GA

Nearby Markets to Brookhaven, GA