$2,950,000
3,321 SqFt
5 Beds
•3 Full Baths
Amie Bozeman, Listing Office: Pend Realty, LLC.
Is Lawrenceville, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Lawrenceville has remained a Seller's Market.
Key Takeaway
Lawrenceville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lawrenceville, GA
How much do homes in Lawrenceville, GA cost?
Median Sold Price
$395,158
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,158(+4.0%)
Key Takeaway
Homes in Lawrenceville have sold for 4% more than they did a year ago.
Summary: The median home sold price in Lawrenceville was $395,158 in November 2024, up 4% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $150K | - | N/A |
| 2 Bedrooms | $280K | $281.4K | 0.5% |
| 3 Bedrooms | $338.2K | $354.6K | +4.8% |
| 4 Bedrooms | $400K | $420K | +5.0% |
| 5+ Bedrooms | $484.8K | $512.2K | +5.7% |
Summary: Lawrenceville 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 0.5%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 5.7%.
Median Sold Price Compared To Nearby Cities
| Lawrenceville | $380K | $395.1K | +4.0% |
| Snellville-Grayson | $384.9K | $390.5K | +1.4% |
Housing Supply in Lawrenceville, GA
How many homes are available in Lawrenceville, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,227 | 1,224 | -0.2% |
Summary: The Lawrenceville real estate market had 1,224 homes for sale in November 2024, a 0.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 30 | 31 | +3.3% |
| 3 Bedrooms | 466 | 469 | +0.6% |
| 4 Bedrooms | 429 | 419 | -2.3% |
| 5+ Bedrooms | 302 | 305 | +1.0% |
Summary: The Lawrenceville 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 increased by 3.3%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 289 | 213 | -26.3% |
Asking Price vs. Sold Price
114 Homes Were Sold
Under Asking
46 Homes Were Sold
At Asking
40 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lawrenceville, you may be able to get a good deal. 57% of homes here sold below asking price last month.
Summary: A total of 213 homes were sold or pending in Lawrenceville in November 2024, down by 26.3% month-over-month. Of the 200 sold homes, 57% were sold under asking, 23% were sold at asking, and 20% were sold over asking.
Days on Market for Lawrenceville, GA
How long does it take to sell a home in Lawrenceville, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 38 Days | 45 Days | +18.4% |
Summary: Homes in Lawrenceville had an average of 45 days on market in Nov 2024, up by 18.4% compared to last year.
Breakdown of Home Sale Times
107 Homes Were Sold
Under 30 Days
78 Homes Were Sold
In 30 - 90 Days
28 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lawrenceville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 213 homes were sold in Lawrenceville; 50% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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