Is Braselton, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Braselton is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Braselton has remained a Seller's Market.

Key Takeaway

Braselton is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Braselton, GA

How much do homes in Braselton, GA cost?

Median Sold Price

$461,000

$183/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$6,000(+1.3%)

Key Takeaway

Homes in Braselton have sold for 1.3% more than they did a year ago.

Summary: The median home sold price in Braselton was $461,000 in April 2024, up 1.3% from last year, and the median price per square foot was $183.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $333K$499.9K
+50.1%
3 $350K$375.9K
+7.4%
4 $439.9K$477K
+8.4%
5+ $585K$577.9K
-1.2%

Summary: Braselton housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 50.1%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes decreased by 1.2%.

Median Sold Price Compared To Nearby Cities

Dacula-Rocky Creek
+3.8%
Braselton
+3.6%
Hoschton
+2.9%
Braselton
+1.3%
West Jackson
0.0%

Housing Supply in Braselton, GA

How many homes are available in Braselton, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
158170+7.6%

Summary: The Braselton real estate market had 170 homes for sale in April 2024, a 7.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 10
-100.0%
2 55
0.0%
3 4237
-11.9%
4 4951
+4.1%
5+ 6177
+26.2%

Summary: The Braselton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 11.9%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 26.2%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3533-5.7%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Braselton, you may be able to get a good deal. 60.6% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in Braselton in April 2024, down by 5.7% month-over-month. Of the 33 sold homes, 61% were sold under asking, 27% were sold at asking, and 12% were sold over asking.

Days on Market for Braselton, GA

How long does it take to sell a home in Braselton, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
21 Days33 Days+55.8%

Summary: Homes in Braselton had an average of 33 days on market in Apr 2024, up by 55.8% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Braselton are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 33 homes were sold in Braselton; 61% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

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

Report Updated 15 Days Ago

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