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 November 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

$474,915

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$21,430(+4.7%)

Key Takeaway

Homes in Braselton have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in Braselton was $474,915 in November 2024, up 4.7% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$2.8M
N/A
2 $450K$481.7K
+7.1%
3 $350K$392K
+12.0%
4 $450K$471.7K
+4.8%
5+ $540K$584K
+8.1%

Summary: Braselton housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 8.1%.

Median Sold Price Compared To Nearby Cities

Dacula-Rocky Creek
+7.8%
Hoschton
+7.7%
Braselton
+4.7%
Braselton
+3.9%
West Jackson
+2.3%

Housing Supply in Braselton, GA

How many homes are available in Braselton, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
219222+1.4%

Summary: The Braselton real estate market had 222 homes for sale in November 2024, a 1.4% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1310
-23.1%
3 5556
+1.8%
4 6574
+13.8%
5+ 8682
-4.7%

Summary: The Braselton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 23.1%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes decreased by 4.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3638+5.6%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

3 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. 70.3% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in Braselton in November 2024, up by 5.6% month-over-month. Of the 37 sold homes, 70% were sold under asking, 22% were sold at asking, and 8% 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

Nov 2023Nov 2024CHANGE
36 Days55 Days+52.3%

Summary: Homes in Braselton had an average of 55 days on market in Nov 2024, up by 52.3% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

12 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 November 2024, 38 homes were sold in Braselton; 58% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 32% 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 17 Days Ago

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