Is Sautee Nacoochee, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Sautee Nacoochee was a Seller's Market.
Housing Prices in Sautee Nacoochee, GA
How much do homes in Sautee Nacoochee, GA cost?
Median Sold Price
$392,500
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Sautee Nacoochee was $392,500 in May 2024, up 4% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $210K | $271.5K | +29.3% |
2 Bedrooms | $282.2K | $294.9K | +4.5% |
3 Bedrooms | $369.9K | $375K | +1.4% |
4 Bedrooms | $419.9K | $477.5K | +13.7% |
5+ Bedrooms | $708K | $443.2K | -37.4% |
Summary: Sautee Nacoochee housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.3%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 13.7%, and 5+ bedroom homes decreased by 37.4%.
Housing Supply in Sautee Nacoochee, GA
How many homes are available in Sautee Nacoochee, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
39 | 45 | +15.4% |
Summary: The Sautee Nacoochee real estate market had 45 homes for sale in May 2024, a 15.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 4 | +33.3% |
2 Bedrooms | 8 | 9 | +12.5% |
3 Bedrooms | 14 | 17 | +21.4% |
4 Bedrooms | 6 | 8 | +33.3% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Sautee Nacoochee housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
11 | 6 | -45.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Sautee Nacoochee in May 2024, down by 45.5% month-over-month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Sautee Nacoochee, GA
How long does it take to sell a home in Sautee Nacoochee, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
34 Days | 18 Days | -45.6% |
Summary: Homes in Sautee Nacoochee had an average of 18 days on market in May 2024, down by 45.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Sautee Nacoochee; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.