Is Sugar Valley-Resaca, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sugar Valley-Resaca is a seller's market

Buyer's
Market

Difference Since April 2021

Since last year, Sugar Valley-Resaca has remained a Seller's Market.

Key Takeaway

Sugar Valley-Resaca is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Sugar Valley-Resaca, GA cost?

Median Sold Price

$220,000

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2021

+$30,000(+15.8%)

Key Takeaway

Homes in Sugar Valley-Resaca have sold for 15.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSApr 2021Apr 2022%
1 -$63K
N/A
2 $119.9K$101.3K
-15.4%
3 $178.9K$217.5K
+21.5%
4 $276.2K$340K
+23.1%
5+ $519.2K$1.0M
+110.4%

Median Sold Price Compared To Nearby Cities

Villanow
+30.7%
Calhoun
+20.1%
Sugar Valley-Resaca
+15.8%
Sugar Valley
+11.8%

How many homes are available in Sugar Valley-Resaca, GA?

Number of Homes For Sale

Mar 2022Apr 2022%
2625-3.8%

Homes For Sale By Bedroom Count

# BEDSMar 2022Apr 2022%
1 00
0.0%
2 109
-10.0%
3 710
+42.9%
4 64
-33.3%
5+ 32
-33.3%

Number of Homes Sold

Mar 2022Apr 2022%
87-12.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sugar Valley-Resaca, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Average Sale Time

Apr 2021Apr 2022%
21 Days32 Days+51.1%

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sugar Valley-Resaca are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Sugar Valley-Resaca, GA

There are 25 homes are for sale in Sugar Valley-Resaca, GA real estate market. The inventory of homes for sale in Sugar Valley-Resaca, GA between March 2022 and April 2022 decreased by 3.8%. In April 2022, listings were on the market for 32 days. During the same period, the median list price in this real estate market was $220,000. From March 2022 through April 2022, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 0%, 2 bedrooms properties became 15.4% more cheaper, prices of 3 bedrooms properties went up by 21.5%, 4 bedrooms properties became 23.1% more expensive, 5 bedrooms properties became 110.4% more expensive. The following changes in the number of homes for sale were observed in this housing market: the quantity of 1 bedroom homes have not changed, 2 bedrooms homes inventory decreased by 10%, number of 3 bedrooms homes increased by 42.9%, number of 4 bedrooms homes decreased by 33.3%, volume of 5 bedrooms homes went down by 33.3%. Sugar Valley-Resaca, GA housing market in April 2022 saw over 2 listings sold above listed price, more than 0 sold at listed price and over 5 sold below.

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