Is Brooklet, 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, Brooklet has remained a Seller's Market.
Key Takeaway
Brooklet is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Brooklet, GA
How much do homes in Brooklet, GA cost?
Median Sold Price
$400,000
$170/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Brooklet have sold for 26% more than they did a year ago.
Summary: The median home sold price in Brooklet was $400,000 in May 2024, up 26% from last year, and the median price per square foot was $170.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $324K | $147.5K | -54.5% |
| 3 Bedrooms | $285K | $285K | 0.0% |
| 4 Bedrooms | $370.1K | $408.2K | +10.3% |
| 5+ Bedrooms | $515.9K | $455.4K | -11.7% |
Summary: Brooklet 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 decreased by 54.5%, 3 bedroom homes did not change, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 11.7%.
Housing Supply in Brooklet, GA
How many homes are available in Brooklet, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 30 | 37 | +23.3% |
Summary: The Brooklet real estate market had 37 homes for sale in May 2024, a 23.3% 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 | 3 | 5 | +66.7% |
| 3 Bedrooms | 9 | 11 | +22.2% |
| 4 Bedrooms | 12 | 12 | 0.0% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Brooklet 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 66.7%, 3 bedroom homes increased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Brooklet, expect to pay close to the asking price. 54.5% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in Brooklet in May 2024, the same as the previous month. Of the 11 sold homes, 36% were sold under asking, 55% were sold at asking, and 9% were sold over asking.
Days on Market for Brooklet, GA
How long does it take to sell a home in Brooklet, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 22 Days | 22 Days | 0.0% |
Summary: Homes in Brooklet had an average of 22 days on market in May 2024, the same as last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Brooklet are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 11 homes were sold in Brooklet; 55% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
