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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brookstone is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Brookstone was a Neutral Market.

Key Takeaway

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

Housing Prices in Brookstone, GA

How much do homes in Brookstone, GA cost?

Median Sold Price

$571,900

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$36,900(+6.9%)

Key Takeaway

Homes in Brookstone have sold for 6.9% more than they did a year ago.

Summary: The median home sold price in Brookstone was $571,900 in April 2024, up 6.9% from last year, and the median price per square foot was $158.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $405K$525K
+29.6%
4 $482.5K$540K
+11.9%
5+ $575K$650K
+13.0%

Summary: Brookstone 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 29.6%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 13%.

Housing Supply in Brookstone, GA

How many homes are available in Brookstone, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
4144+7.3%

Summary: The Brookstone real estate market had 44 homes for sale in April 2024, a 7.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 13
+200.0%
4 1713
-23.5%
5+ 2328
+21.7%

Summary: The Brookstone 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 200%, 4 bedroom homes decreased by 23.5%, and 5+ bedroom homes increased by 21.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1017+70.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brookstone, you may be able to get a good deal. 76.5% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Brookstone in April 2024, up by 70.0% month-over-month. Of the 17 sold homes, 76% were sold under asking, 0% were sold at asking, and 24% were sold over asking.

Days on Market for Brookstone, GA

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

Average Sale Time

Apr 2023Apr 2024CHANGE
36 Days28 Days-22.6%

Summary: Homes in Brookstone had an average of 28 days on market in Apr 2024, down by 22.6% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 17 homes were sold in Brookstone; 76% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 12% 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 1 Day Ago

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