Is Johns Creek, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Johns Creek has remained a Seller's Market.
Key Takeaway
Johns Creek is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Johns Creek, GA
How much do homes in Johns Creek, GA cost?
Median Sold Price
$651,000
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Key Takeaway
Homes in Johns Creek have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in Johns Creek was $651,000 in November 2023, up 5.2% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $459.3K | $510.2K | +11.1% |
| 2 Bedrooms | $327K | $380K | +16.2% |
| 3 Bedrooms | $450K | $463.6K | +3.0% |
| 4 Bedrooms | $575.7K | $623K | +8.2% |
| 5+ Bedrooms | $819.3K | $862.5K | +5.3% |
Summary: Johns Creek housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 16.2%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 8.2%, and 5+ bedroom homes increased by 5.3%.
Median Sold Price Compared To Nearby Cities
| Duluth | $407.5K | $462.1K | +13.4% |
| Roswell-Alpharetta | $613.6K | $654.7K | +6.7% |
| Johns Creek | $618.7K | $651K | +5.2% |
| Big Creek | $642.4K | $671.1K | +4.5% |
Housing Supply in Johns Creek, GA
How many homes are available in Johns Creek, GA?
Number of Homes For Sale
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 246 | 228 | -7.3% |
Summary: The Johns Creek real estate market had 228 homes for sale in November 2023, a 7.3% decrease compared to October 2023.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 6 | +100.0% |
| 3 Bedrooms | 65 | 63 | -3.1% |
| 4 Bedrooms | 86 | 71 | -17.4% |
| 5+ Bedrooms | 92 | 88 | -4.3% |
Summary: The Johns Creek housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes decreased by 17.4%, and 5+ bedroom homes decreased by 4.3%.
Number of Homes Sold
| Oct 2023 | Nov 2023 | CHANGE |
|---|---|---|
| 70 | 83 | +18.6% |
Asking Price vs. Sold Price
38 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
32 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Johns Creek, you may be able to get a good deal. 48.1% of homes here sold below asking price last month.
Summary: A total of 83 homes were sold or pending in Johns Creek in November 2023, up by 18.6% month-over-month. Of the 79 sold homes, 48% were sold under asking, 11% were sold at asking, and 41% were sold over asking.
Days on Market for Johns Creek, GA
How long does it take to sell a home in Johns Creek, GA?
Average Sale Time
| Nov 2022 | Nov 2023 | CHANGE |
|---|---|---|
| 32 Days | 12 Days | -60.2% |
Summary: Homes in Johns Creek had an average of 12 days on market in Nov 2023, down by 60.2% compared to last year.
Breakdown of Home Sale Times
74 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Johns Creek are selling fast, if you're buying plan to act quickly.
Summary: During November 2023, 83 homes were sold in Johns Creek; 89% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 0% 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.