Residential · neighborhood

Berkeley Mill market report

Neighborhood series. Most months are too thin for a median. 35 closings in the last 12 months. Use Cumming as the pricing context.

Closed sales through 2026-10. Live inventory is a current snapshot, not the closed month. 8 active · 0 under contract · 3 pending. Total residential listings by status: 11.

Data confidence: Moderate. 35 closings in the last 12 months. Usable if you stay on rolling periods and compare to the parent market.

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12-month closings35Enough to sketch a range
12-month median$648,262Volume-weighted, not one month
12-month $/SF$219Better than the median here
Live active88.0 months of supply
12-month DOM3637.1% below list

How to read a neighborhood

A subdivision with a handful of sales a year cannot support the same report as a ZIP or a school. The numbers below are a trailing year, not a monthly market.

  • 35 homes closed here in the last 12 months. That is enough to sketch a price range.
  • Ignore a single month’s median. One luxury sale or one starter home moves it by six figures.
  • Price off Cumming, then adjust for this subdivision’s size, age, and condition.
  • 8 homes are active right now. That live list is more useful than last month’s median. Homes for sale in Berkeley Mill, Cumming →

Versus the broader market

Latest closed month only, not the 12-month figure above. The Georgia footprint is the macro context.

Median price+35.6%$535,577 vs $395,000 market-wide
$/SF+20.1%$223 vs $186 market-wide
DOM-41%20 days vs 34 market-wide
Sale/list+1.3 pts100.0% vs 98.7%
Buyer-leaning

8.0 months of supply on last month’s pace (8 active ÷ 1 closings). 2.7 months on the trailing-12 pace (average 3 closings a month). These are different windows.Buyers have more room, especially on homes that have sat past 30 days. 0.0% of last month’s closings were below list.

Homes for sale in Berkeley Mill, Cumming →

How homes actually closed

Based on 1 closings. One sale moves these percentages by 100 points. Read the direction, not the exact share.

Above list0.0%More than 1% over list
At list100.0%Within 1% of list
Below list0.0%More than 1% under list
Price reduced0.0%Original list higher than final

Leading signals

These move before closed prices. Use them to see if the next 30–60 days look tighter or looser than last month’s closings.

Pending / (active + under contract)0.383 pending ÷ 8 (active + under contract)
New / closed0.000 listed in 30 days vs 1 closed
Cooling

Closed sales are taking longer or reducing more often. Seller pressure is rising.

If you own in Berkeley Mill

Moderate confidence. 35 closings in the last 12 months.

  • Your subdivision is a competitive set, not a market index. The trailing-year median is $648,262.
  • Start with Cumming, then adjust for lot, size, age, and condition.
  • 8 homes are competing with yours right now. That live list matters more than last month’s median. Homes for sale in Berkeley Mill, Cumming →
  • Homes that sold in the last year took about 36 days. If you list, price to the 12-month $/SF ($219), not a single recent sale.

What this means if you are listing in Berkeley Mill

  • Price to the 12-month median and $/SF ($648,262, $219), not last month and not the market-wide number. Then check it against Cumming.
  • 8.0 months of supply on last month’s pace. Homes that sold in the last year took about 36 days. Longer than the 12-month DOM usually means the price is high.
  • 37.1% of the last 12 months’ closings were below list. 48.6% had already reduced. Read that as a year, not as last month’s three sales.
  • The live list is the competition. Homes for sale in Berkeley Mill, Cumming →

What this means if you are making an offer

  • Supply is elevated at 8.0 months. You have room, especially on homes past 36 days.
  • 48.6% of the last year’s closings had already reduced. That is where the negotiation is.
  • Do not use the market-wide median. Start with Cumming, then this subdivision’s 12-month $/SF.
  • Last month had 1 closings. One sale does not make a market. Confirm on the live list. Homes for sale in Berkeley Mill, Cumming →

Live inventory mix

Current listings by price band and property type. Where the competition actually is right now.

Price bands

BandListedShare
$500–750k1090.9%
$750k–1M19.1%

Property types

TypeListedMedian ask
Single Family Residence11$594,900

8 active, 0 under contract, 3 pending. 0 new in the last 30 days.

Median close price

Median close price · 2024-09 – 2026-10
2024-092026-10

Monthly series

Most recent months first. Neighborhood medians show with 1+ closings. One sale moves the number; use the 12-month figure for context.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Oct 20261$535,577$22320100.0%0.0%0.0%
Sep 20262$620,500$2015199.1%50.0%100.0%
Aug 20262$628,044$2264898.8%50.0%50.0%
Jun 20263$674,989$2234198.1%66.7%66.7%
May 20261$649,244$23218100.0%0.0%0.0%
Apr 20264$638,284$2192197.0%75.0%50.0%
Mar 20265$623,565$19959100.0%20.0%60.0%
Feb 20263$574,736$23915100.0%0.0%0.0%
Jan 20263$585,000$19459100.0%33.3%66.7%
Dec 20256$714,341$2342898.6%50.0%50.0%
Nov 20252$586,000$2073697.8%50.0%50.0%
Oct 20253$791,362$22925100.0%0.0%33.3%
Sep 20251$812,580$229n/a100.0%0.0%0.0%
Aug 20251$825,293$2454699.5%0.0%0.0%
Jul 20251$574,860$2344995.8%100.0%100.0%
Jun 20252$633,965$2172799.3%50.0%50.0%
Apr 20251$572,420$2271399.7%0.0%0.0%
Mar 20252$712,690$23049103.1%0.0%100.0%
Feb 20252$712,325$23279100.0%0.0%50.0%
Jan 20251$757,744$24011100.0%0.0%0.0%
Dec 20243$854,234$25330100.0%0.0%33.3%
Sep 20241$673,077$24862100.0%0.0%0.0%

Below = closed under 99% of list. Reduced = original list higher than final list.

Related markets

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