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 May 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

$460,000

$184/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$13,086(+2.9%)

Key Takeaway

Homes in Braselton have sold for 2.9% more than they did a year ago.

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

# BEDSMay 2023May 2024CHANGE
1 -$2.8M
N/A
2 $333K$499.9K
+50.1%
3 $350K$375K
+7.1%
4 $435K$462.4K
+6.3%
5+ $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
+5.1%
Hoschton
+4.4%
West Jackson
+3.6%
Braselton
+3.1%
Braselton
+2.9%

Housing Supply in Braselton, GA

How many homes are available in Braselton, GA?

Number of Homes For Sale

Apr 2024May 2024CHANGE
151169+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

# BEDSApr 2024May 2024CHANGE
1 00
0.0%
2 44
0.0%
3 3133
+6.5%
4 4756
+19.1%
5+ 6976
+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 2024May 2024CHANGE
3130-3.2%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Braselton, you may be able to get a good deal. 55.2% of homes here sold below asking price last month.

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 2023May 2024CHANGE
45 Days65 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

Breakdown of Home Sale Times

Key Takeaway

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

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.

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

Report Updated 1 Day Ago

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