Is Fulton Cotton Mill Lofts, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Fulton Cotton Mill Lofts was a Neutral Market.
Key Takeaway
Fulton Cotton Mill Lofts is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Fulton Cotton Mill Lofts, GA
How much do homes in Fulton Cotton Mill Lofts, GA cost?
Median Sold Price
$358,000
$359/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Fulton Cotton Mill Lofts have sold for 18.1% less than they did a month ago.
Summary: The median home sold price in Fulton Cotton Mill Lofts was $358,000 in April 2024, down 18.1% from last month, and the median price per square foot was $359.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $437K | $358K | -18.1% |
| 2 Bedrooms | $515K | - | N/A |
| 3 Bedrooms | - | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Fulton Cotton Mill Lofts housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes decreased by 18.1%, 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 Fulton Cotton Mill Lofts, GA
How many homes are available in Fulton Cotton Mill Lofts, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 17 | 19 | +11.8% |
Summary: The Fulton Cotton Mill Lofts real estate market had 19 homes for sale in April 2024, a 11.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 9 | +12.5% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 0 | 0 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Fulton Cotton Mill Lofts housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Fulton Cotton Mill Lofts, 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 Fulton Cotton Mill Lofts in April 2024, down by 66.7% 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 Fulton Cotton Mill Lofts, GA
How long does it take to sell a home in Fulton Cotton Mill Lofts, GA?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 89 Days | 139 Days | +56.2% |
Summary: Homes in Fulton Cotton Mill Lofts had an average of 139 days on market in Apr 2024, up by 56.2% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Fulton Cotton Mill Lofts are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 1 homes were sold in Fulton Cotton Mill Lofts; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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