$6,828 Closing Credit*
$575,000
2,771 SqFt
5 Beds
•4 Full Baths, 1 Partial
Haden Henderson, Listing Office: Atlanta Fine Homes Sotheby's International
Is Southwest Butts, 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, Southwest Butts has remained a Seller's Market.
Key Takeaway
Southwest Butts is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Southwest Butts, GA
How much do homes in Southwest Butts, GA cost?
Median Sold Price
$290,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,000(+3.6%)
Key Takeaway
Homes in Southwest Butts have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in Southwest Butts was $290,000 in November 2024, up 3.6% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $247.5K | $353K | +42.6% |
| 3 Bedrooms | $247.5K | $287.4K | +16.1% |
| 4 Bedrooms | $322.4K | $280.5K | -13.0% |
| 5+ Bedrooms | $315K | $520K | +65.1% |
Summary: Southwest Butts 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 42.6%, 3 bedroom homes increased by 16.1%, 4 bedroom homes decreased by 13%, and 5+ bedroom homes increased by 65.1%.
Median Sold Price Compared To Nearby Cities
| Southwest Butts | $280K | $290K | +3.6% |
| Towalaga | $349.5K | $360K | +3.0% |
Housing Supply in Southwest Butts, GA
How many homes are available in Southwest Butts, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 31 | 33 | +6.5% |
Summary: The Southwest Butts real estate market had 33 homes for sale in November 2024, a 6.5% increase 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 14 | 16 | +14.3% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 9 | 8 | -11.1% |
Summary: The Southwest Butts 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 remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 6 | +200.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Southwest Butts, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Southwest Butts in November 2024, up by 200.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Southwest Butts, GA
How long does it take to sell a home in Southwest Butts, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 81 Days | +230.6% |
Summary: Homes in Southwest Butts had an average of 81 days on market in Nov 2024, up by 230.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Southwest Butts has remained consistent over time.
Summary: During November 2024, 6 homes were sold in Southwest Butts; 17% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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