Suwanee Real Estate Market Report

You're seeing more choices than last month. New listings jumped to 120 in July, up 13.7% from June, and homes are sitting a bit longer. Median days on market hit 24 days, double what it was in June. That extra time gives you a little breathing room to do your due diligence before making an offer. Prices are still moving up, though. The median sold price reached $587,000, up 4.0% from the prior month. Sellers are getting 98.1% of their asking price on average, so you won't find deep discounts. With 4.0 months of supply, this is still a seller's market, but the trend is inching toward better balance. If you've been waiting for conditions to ease slightly, July shows the first signs of that shift.