Is Sugar Valley-Resaca, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Sugar Valley-Resaca was a Seller's Market.
Housing Prices in Sugar Valley-Resaca, GA
How much do homes in Sugar Valley-Resaca, GA cost?
Median Sold Price
$269,900
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Sugar Valley-Resaca was $269,900 in June 2024, up 13.1% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $231.6K | $196K | -15.4% |
3 Bedrooms | $220K | $257K | +16.8% |
4 Bedrooms | $255K | $285K | +11.8% |
5+ Bedrooms | $292.5K | $650K | +122.2% |
Summary: Sugar Valley-Resaca housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.4%, 3 bedroom homes increased by 16.8%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 122.2%.
Median Sold Price Compared To Nearby Cities
Resaca | $222K | $258.3K | +16.4% |
Sugar Valley-Resaca | $238.7K | $269.9K | +13.1% |
Calhoun | $264.9K | $268.9K | +1.5% |
Housing Supply in Sugar Valley-Resaca, GA
How many homes are available in Sugar Valley-Resaca, GA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
20 | 24 | +20.0% |
Summary: The Sugar Valley-Resaca real estate market had 24 homes for sale in June 2024, a 20.0% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 6 | +200.0% |
3 Bedrooms | 11 | 10 | -9.1% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Sugar Valley-Resaca housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Sugar Valley-Resaca in June 2024, the same as the previous month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Sugar Valley-Resaca, GA
How long does it take to sell a home in Sugar Valley-Resaca, GA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
16 Days | 6 Days | -60.4% |
Summary: Homes in Sugar Valley-Resaca had an average of 6 days on market in Jun 2024, down by 60.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 3 homes were sold in Sugar Valley-Resaca; 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.