Is Big Creek, 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, Big Creek has remained a Seller's Market.
Housing Prices in Big Creek, GA
How much do homes in Big Creek, GA cost?
Median Sold Price
$722,750
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Big Creek was $722,750 in May 2024, up 9.5% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $323K | N/A |
2 Bedrooms | $400K | $447.5K | +11.9% |
3 Bedrooms | $475K | $514K | +8.2% |
4 Bedrooms | $615K | $660K | +7.3% |
5+ Bedrooms | $805K | $900K | +11.8% |
Summary: Big Creek 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 11.9%, 3 bedroom homes increased by 8.2%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 11.8%.
Median Sold Price Compared To Nearby Cities
Suwanee-Duluth | $461.6K | $515K | +11.5% |
Big Creek | $659.9K | $722.7K | +9.5% |
Roswell-Alpharetta | $632K | $691.6K | +9.4% |
Johns Creek | $623.9K | $680.5K | +9.1% |
Alpharetta | $655.8K | $715K | +9.0% |
Housing Supply in Big Creek, GA
How many homes are available in Big Creek, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
294 | 329 | +11.9% |
Summary: The Big Creek real estate market had 329 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 | 5 | 8 | +60.0% |
3 Bedrooms | 62 | 66 | +6.5% |
4 Bedrooms | 79 | 95 | +20.3% |
5+ Bedrooms | 148 | 160 | +8.1% |
Summary: The Big Creek 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 60%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 20.3%, and 5+ bedroom homes increased by 8.1%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
98 | 87 | -11.2% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
48 Homes Were Sold
Over Asking
Summary: A total of 87 homes were sold or pending in Big Creek in May 2024, down by 11.2% month-over-month. Of the 85 sold homes, 28% were sold under asking, 15% were sold at asking, and 56% were sold over asking.
Days on Market for Big Creek, GA
How long does it take to sell a home in Big Creek, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
15 Days | 9 Days | -40.1% |
Summary: Homes in Big Creek had an average of 9 days on market in May 2024, down by 40.1% compared to last year.
Breakdown of Home Sale Times
80 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 87 homes were sold in Big Creek; 92% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.