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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brookwood is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Brookwood has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Brookwood, GA

How much do homes in Brookwood, GA cost?

Median Sold Price

$180,000

$220/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$258,500(-59.0%)

Key Takeaway

Homes in Brookwood have sold for 59% less than they did a month ago.

Summary: The median home sold price in Brookwood was $180,000 in April 2024, down 59% from last month, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 $187K$180K
-3.7%
2 --
N/A
3 --
N/A
4 $690K-
N/A
5+ --
N/A

Summary: Brookwood housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 3.7%, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Brookwood, GA

How many homes are available in Brookwood, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1819+5.6%

Summary: The Brookwood real estate market had 19 homes for sale in April 2024, a 5.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 66
0.0%
2 1010
0.0%
3 13
+200.0%
4 10
-100.0%
5+ 00
0.0%

Summary: The Brookwood 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 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brookwood, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Brookwood in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Brookwood, GA

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

Average Sale Time

Mar 2024Apr 2024CHANGE
8 Days21 Days+147.1%

Summary: Homes in Brookwood had an average of 21 days on market in Apr 2024, up by 147.1% compared to last month.

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 Brookwood are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Brookwood; 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 10 Days Ago

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