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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brooklet is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Brooklet has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Brooklet, GA

How much do homes in Brooklet, GA cost?

Median Sold Price

$455,000

$184/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

+$170,500(+59.9%)

Key Takeaway

Homes in Brooklet have sold for 59.9% more than they did a month ago.

Summary: The median home sold price in Brooklet was $455,000 in March 2024, up 59.9% from last month, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 $199.5K-
N/A
3 $295K$340K
+15.3%
4 $380K$419.9K
+10.5%
5+ -$508.9K
N/A

Summary: Brooklet housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 15.3%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes did not change.

Housing Supply in Brooklet, GA

How many homes are available in Brooklet, GA?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2936+24.1%

Summary: The Brooklet real estate market had 36 homes for sale in March 2024, a 24.1% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 1012
+20.0%
4 1114
+27.3%
5+ 67
+16.7%

Summary: The Brooklet 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 50%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
614+133.3%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brooklet, expect to pay close to the asking price. 53.8% of homes here sold near the asking price last month.

Summary: A total of 14 homes were sold or pending in Brooklet in March 2024, up by 133.3% month-over-month. Of the 13 sold homes, 31% were sold under asking, 54% were sold at asking, and 15% were sold over asking.

Days on Market for Brooklet, GA

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

Average Sale Time

Feb 2024Mar 2024CHANGE
52 Days21 Days-58.8%

Summary: Homes in Brooklet had an average of 21 days on market in Mar 2024, down by 58.8% compared to last month.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 14 homes were sold in Brooklet; 57% of homes were sold within 30 days, 21% 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

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