Is Braselton, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Braselton has remained a Seller's Market.
Housing Prices in Braselton, GA
How much do homes in Braselton, GA cost?
Median Sold Price
$460,000
$184/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Braselton was $460,000 in May 2024, up 2.9% from last year, and the median price per square foot was $184.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $2.8M | N/A |
2 Bedrooms | $333K | $499.9K | +50.1% |
3 Bedrooms | $350K | $375K | +7.1% |
4 Bedrooms | $435K | $462.4K | +6.3% |
5+ Bedrooms | $525K | $580K | +10.5% |
Summary: Braselton housing prices by bedroom type for May 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 7.1%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 10.5%.
Median Sold Price Compared To Nearby Cities
Dacula-Rocky Creek | $441.8K | $464.3K | +5.1% |
Hoschton | $459.9K | $479.9K | +4.4% |
West Jackson | $429.2K | $444.9K | +3.6% |
Braselton | $450.7K | $464.5K | +3.1% |
Braselton | $446.9K | $460K | +2.9% |
Housing Supply in Braselton, GA
How many homes are available in Braselton, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
151 | 169 | +11.9% |
Summary: The Braselton real estate market had 169 homes for sale in May 2024, a 11.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 31 | 33 | +6.5% |
4 Bedrooms | 47 | 56 | +19.1% |
5+ Bedrooms | 69 | 76 | +10.1% |
Summary: The Braselton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 19.1%, and 5+ bedroom homes increased by 10.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
31 | 30 | -3.2% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in Braselton in May 2024, down by 3.2% month-over-month. Of the 29 sold homes, 55% were sold under asking, 28% were sold at asking, and 17% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
45 Days | 65 Days | +43.6% |
Summary: Homes in Braselton had an average of 65 days on market in May 2024, up by 43.6% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 30 homes were sold in Braselton; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.