Is Southwest Butts, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Southwest Butts has remained a Seller's Market.
Housing Prices in Southwest Butts, GA
How much do homes in Southwest Butts, GA cost?
Median Sold Price
$270,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Southwest Butts was $270,000 in April 2024, down 1.8% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $130K | $240K | +84.6% |
3 Bedrooms | $275K | $234.4K | -14.7% |
4 Bedrooms | $264K | $320.9K | +21.6% |
5+ Bedrooms | $362K | $303K | -16.3% |
Summary: Southwest Butts 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 84.6%, 3 bedroom homes decreased by 14.7%, 4 bedroom homes increased by 21.6%, and 5+ bedroom homes decreased by 16.3%.
Median Sold Price Compared To Nearby Cities
Towalaga | $342.5K | $350K | +2.2% |
Southwest Butts | $275K | $270K | -1.8% |
Housing Supply in Southwest Butts, GA
How many homes are available in Southwest Butts, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 24 | +14.3% |
Summary: The Southwest Butts real estate market had 24 homes for sale in April 2024, a 14.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 1 | -66.7% |
3 Bedrooms | 8 | 9 | +12.5% |
4 Bedrooms | 9 | 11 | +22.2% |
5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Southwest Butts housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 7 | +133.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Southwest Butts in April 2024, up by 133.3% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Southwest Butts, GA
How long does it take to sell a home in Southwest Butts, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 72 Days | +224.3% |
Summary: Homes in Southwest Butts had an average of 72 days on market in Apr 2024, up by 224.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 7 homes were sold in Southwest Butts; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.