Is Holly Springs, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2022
Since last year, Holly Springs has remained a Seller's Market.
Key Takeaway
Holly Springs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices
How much do homes in Holly Springs, GA cost?
Median Sold Price
$447,833
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2022
Key Takeaway
Homes in Holly Springs have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Holly Springs was $447,833 in August 2023, up 2.9% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $275K | $293K | +6.5% |
| 3 Bedrooms | $345K | $380K | +10.1% |
| 4 Bedrooms | $450K | $497.5K | +10.6% |
| 5+ Bedrooms | $550K | $584K | +6.2% |
Summary: Holly Springs housing prices by bedroom type for August 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 6.2%.
Housing Supply
How many homes are available in Holly Springs, GA?
Number of Homes For Sale
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 68 | 73 | +7.4% |
Summary: The Holly Springs real estate market had 73 homes for sale in August 2023, a 7.4% increase compared to July 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 8 | +14.3% |
| 3 Bedrooms | 27 | 32 | +18.5% |
| 4 Bedrooms | 21 | 18 | -14.3% |
| 5+ Bedrooms | 13 | 15 | +15.4% |
Summary: The Holly Springs housing inventory by bedroom type for August 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 18.5%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 15.4%.
Number of Homes Sold
| Jul 2023 | Aug 2023 | CHANGE |
|---|---|---|
| 20 | 28 | +40.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Holly Springs, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 28 homes were sold or pending in Holly Springs in August 2023, up by 40.0% month-over-month. Of the 28 sold homes, 36% were sold under asking, 14% were sold at asking, and 50% were sold over asking.
Days on Market
How long does it take to sell a home in Holly Springs, GA?
Average Sale Time
| Aug 2022 | Aug 2023 | CHANGE |
|---|---|---|
| 11 Days | 17 Days | +53.4% |
Summary: Homes in Holly Springs had an average of 17 days on market in Aug 2023, up by 53.4% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Holly Springs are selling fast, if you're buying plan to act quickly.
Summary: During August 2023, 28 homes were sold in Holly Springs; 79% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.