Is Social Circle, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Social Circle was a Seller's Market.
Housing Prices in Social Circle, GA
How much do homes in Social Circle, GA cost?
Median Sold Price
$394,900
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Social Circle was $394,900 in April 2024, up 28.4% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $225K | $235K | +4.4% |
3 Bedrooms | $278K | $389K | +39.9% |
4 Bedrooms | $313K | $449K | +43.5% |
5+ Bedrooms | $499.9K | $605K | +21.0% |
Summary: Social Circle 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 4.4%, 3 bedroom homes increased by 39.9%, 4 bedroom homes increased by 43.5%, and 5+ bedroom homes increased by 21%.
Housing Supply in Social Circle, GA
How many homes are available in Social Circle, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
83 | 78 | -6.0% |
Summary: The Social Circle real estate market had 78 homes for sale in April 2024, a 6.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 1 | +100.0% |
2 Bedrooms | 5 | 4 | -20.0% |
3 Bedrooms | 49 | 47 | -4.1% |
4 Bedrooms | 20 | 17 | -15.0% |
5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The Social Circle housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 15%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 7 | -36.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Social Circle in April 2024, down by 36.4% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Social Circle, GA
How long does it take to sell a home in Social Circle, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
80 Days | 32 Days | -59.4% |
Summary: Homes in Social Circle had an average of 32 days on market in Apr 2024, down by 59.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Social Circle; 43% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.