Is Sky Valley, 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, Sky Valley has remained a Seller's Market.
Housing Prices in Sky Valley, GA
How much do homes in Sky Valley, GA cost?
Median Sold Price
$446,650
$202/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Sky Valley was $446,650 in May 2024, up 11.7% from last year, and the median price per square foot was $202.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $171K | - | N/A |
2 Bedrooms | $277K | $342.5K | +23.6% |
3 Bedrooms | $399.9K | $415K | +3.8% |
4 Bedrooms | $448K | $614.5K | +37.2% |
5+ Bedrooms | $774.9K | $627.5K | -19.0% |
Summary: Sky Valley 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 23.6%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 37.2%, and 5+ bedroom homes decreased by 19%.
Housing Supply in Sky Valley, GA
How many homes are available in Sky Valley, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
24 | 28 | +16.7% |
Summary: The Sky Valley real estate market had 28 homes for sale in May 2024, a 16.7% 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 | 8 | 10 | +25.0% |
3 Bedrooms | 9 | 9 | 0.0% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Sky Valley 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 increased by 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 6 | +500.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Sky Valley in May 2024, up by 500.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Sky Valley, GA
How long does it take to sell a home in Sky Valley, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
35 Days | 37 Days | +7.1% |
Summary: Homes in Sky Valley had an average of 37 days on market in May 2024, up by 7.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 6 homes were sold in Sky Valley; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.