Residential · neighborhood

Seven Norcross market report

Neighborhood series. Most months are too thin for a median. 15 closings in the last 12 months. Use Norcross as the pricing context.

Closed sales through 2026-07. Live inventory is a current snapshot, not the closed month. 4 active · 0 under contract · 2 pending. Total residential listings by status: 6.

Data confidence: Low. 15 closings in the last 12 months. Too thin for a monthly read. Use live inventory and the surrounding market.

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12-month closings15Enough to sketch a range
12-month median$647,133Volume-weighted, not one month
12-month $/SF$234Better than the median here
Live active44.0 months of supply
12-month DOM2633.3% 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.

  • 15 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 Norcross, then adjust for this subdivision’s size, age, and condition.
  • 4 homes are active right now. That live list is more useful than last month’s median. Homes for sale in Seven Norcross, Norcross →

Versus the broader market

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

Median price+55.7%$615,000 vs $395,000 market-wide
$/SF+41.1%$262 vs $186 market-wide
DOM-94%2 days vs 34 market-wide
Sale/list+3.8 pts102.5% vs 98.7%
Balanced

4.0 months of supply on last month’s pace (4 active ÷ 1 closings). 3.2 months on the trailing-12 pace (average 1 closings a month). These are different windows.Balanced. Buyers have choices; well-priced homes still close close to list. 0.0% of last month’s closings were below list. Days on market are down 89% from a year ago.

Homes for sale in Seven Norcross, Norcross →

How homes actually closed

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

Above list100.0%More than 1% over list
At list0.0%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)0.502 pending ÷ 4 (active + under contract)
New / closed1.001 listed in 30 days vs 1 closed

If you own in Seven Norcross

Low confidence. 15 closings in the last 12 months.

  • Your subdivision is a competitive set, not a market index. The trailing-year median is $647,133.
  • Start with Norcross, then adjust for lot, size, age, and condition.
  • 4 homes are competing with yours right now. That live list matters more than last month’s median. Homes for sale in Seven Norcross, Norcross →
  • Homes that sold in the last year took about 26 days. If you list, price to the 12-month $/SF ($234), not a single recent sale.

What this means if you are listing in Seven Norcross

  • Price to the 12-month median and $/SF ($647,133, $234), not last month and not the market-wide number. Then check it against Norcross.
  • 4.0 months of supply on last month’s pace. Homes that sold in the last year took about 26 days. Longer than the 12-month DOM usually means the price is high.
  • 33.3% of the last 12 months’ closings were below list. 26.7% 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 Seven Norcross, Norcross →

What this means if you are making an offer

  • Well-priced homes can still move. Your better leverage is on homes that have sat.
  • 26.7% of the last year’s closings had already reduced. That is where the negotiation is.
  • Do not use the market-wide median. Start with Norcross, 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 Seven Norcross, Norcross →

Live inventory mix

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

Price bands

BandListedShare
$500–750k583.3%
$750k–1M116.7%

Property types

TypeListedMedian ask
Townhouse4$600,000
Condominium1$500,000
Single Family Residence1$800,000

4 active, 0 under contract, 2 pending. 1 new in the last 30 days.

Median close price

Median close price · 2021-11 – 2026-07
2021-112026-07

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
Jul 20261$615,000$2622102.5%0.0%0.0%
Jun 20261$812,000$2711299.0%0.0%0.0%
Apr 20261$459,500$2102196.7%100.0%100.0%
Mar 20261$525,000$2176195.9%100.0%100.0%
Dec 20251$505,000$2133196.2%100.0%0.0%
Nov 20252$519,250$2275097.4%50.0%50.0%
Aug 20251$570,000$21822100.0%0.0%0.0%
Apr 20251$780,000$21839100.0%0.0%0.0%
Jan 20251$770,000$2163899.4%0.0%100.0%
Dec 20241$685,000$2235100.0%0.0%0.0%
Aug 20241$970,000$2342797.5%100.0%0.0%
May 20243$659,000$26013100.0%0.0%0.0%
Apr 20241$750,000$22419100.0%0.0%100.0%
Dec 20232$530,000$2298694.5%100.0%100.0%
Nov 20232$614,500$2435898.5%50.0%100.0%
Oct 20231$505,000$2363497.1%100.0%100.0%
Aug 20232$777,500$22294101.1%0.0%0.0%
Jun 20232$562,500$2082397.0%100.0%50.0%
May 20232$664,500$24740100.0%0.0%0.0%
Apr 20231$570,000$2181899.1%0.0%0.0%
Mar 20231$690,000$1931598.6%100.0%0.0%
Feb 20231$635,000$2832697.7%100.0%100.0%
Sep 20221$485,000$228498.0%100.0%0.0%
Aug 20221$485,000$22713102.1%0.0%0.0%

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

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