FMLS Residential · neighborhood

Azalea Square

Neighborhood series. Most months are too thin for a median. 46 closings in the last 12 months. Use Lawrenceville as the pricing context.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 2 active · 0 under contract · 0 pending. Total residential listings by status: 2.

Data confidence: Moderate. 46 closings in the last 12 months. Usable if you stay on rolling periods and compare to the parent market.

12-month closings46Enough to sketch a range
12-month median$373,617Volume-weighted, not one month
12-month $/SF$202Better than the median here
Live active20.3 months of supply
12-month DOM2937.0% 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.

  • 46 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 Lawrenceville, then adjust for this subdivision’s size, age, and condition.
  • 2 homes are active right now. That live list is more useful than last month’s median. Homes for sale in Azalea Square, Lawrenceville →

Versus the FMLS footprint

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

Median price-13.9%$339,995 vs $395,000 FMLS-wide
$/SF-1.4%$184 vs $187 FMLS-wide
DOM+0%33 days vs 33 FMLS-wide
Sale/list-0.3 pts98.6% vs 98.8%
Seller-leaning

0.3 months of supply on last month’s pace (2 active ÷ 6 closings). 0.5 months on the trailing-12 pace (average 4 closings a month). These are different windows.Sellers have leverage on well-priced homes. 50.0% of last month’s closings were below list. Days on market are down 57% from a year ago.

Homes for sale in Azalea Square, Lawrenceville →

How homes actually closed

Based on 6 closings. One sale moves these percentages by 17 points. Read the direction, not the exact share.

Above list16.7%More than 1% over list
At list33.3%Within 1% of list
Below list50.0%More than 1% under list
Price reduced83.3%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)0.000 pending ÷ 2 (active + under contract)
New / closed0.332 listed in 30 days vs 6 closed
Softening

New listings are outpacing sales and closed sales are already taking longer or reducing more. Expect more inventory and more negotiating room over the next 30–90 days.

If you own in Azalea Square

Moderate confidence. 46 closings in the last 12 months.

  • Your subdivision is a competitive set, not a market index. The trailing-year median is $373,617.
  • Start with Lawrenceville, then adjust for lot, size, age, and condition.
  • 2 homes are competing with yours right now. That live list matters more than last month’s median. Homes for sale in Azalea Square, Lawrenceville →
  • Homes that sold in the last year took about 29 days. If you list, price to the 12-month $/SF ($202), not a single recent sale.

What this means if you are listing in Azalea Square

  • Price to the 12-month median and $/SF ($373,617, $202), not last month and not the FMLS-wide number. Then check it against Lawrenceville.
  • 0.3 months of supply on last month’s pace. Homes that sold in the last year took about 29 days. Longer than the 12-month DOM usually means the price is high.
  • 37.0% of the last 12 months’ closings were below list. 63.0% 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 Azalea Square, Lawrenceville →

What this means if you are making an offer

  • Well-priced homes can still move. Your better leverage is on homes that have sat.
  • 63.0% of the last year’s closings had already reduced. That is where the negotiation is.
  • Do not use the FMLS-wide median. Start with Lawrenceville, then this subdivision’s 12-month $/SF.
  • Last month had 6 closings. One sale does not make a market. Confirm on the live list. Homes for sale in Azalea Square, Lawrenceville →

Live inventory mix

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

Price bands

BandListedShare
$300–500k2100.0%

Property types

TypeListedMedian ask
Townhouse2$374,950

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

Median close price

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

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
Sep 20266$339,995$1843398.6%50.0%83.3%
Aug 20262$392,551$2126101.0%0.0%100.0%
Jul 20266$379,771$2052199.5%50.0%100.0%
Jun 20261$389,990$21018100.0%0.0%100.0%
May 20263$382,990$20615100.0%0.0%100.0%
Apr 20265$378,610$20617100.0%20.0%0.0%
Mar 202611$370,990$20026100.0%27.3%27.3%
Feb 20261$357,920$1938284.7%100.0%0.0%
Dec 20255$373,990$2024692.7%100.0%60.0%
Nov 20251$372,990$20162100.0%0.0%100.0%
Oct 20251$354,990$19131100.0%0.0%100.0%
Sep 20254$403,490$21835100.0%25.0%100.0%
Aug 20251$398,778$2157697.7%100.0%100.0%
Jul 20254$404,090$2183999.3%0.0%100.0%
Jun 20252$396,740$2145399.1%50.0%100.0%
May 20251$384,990$20862100.0%0.0%100.0%
Mar 20255$410,605$20846100.0%20.0%60.0%
Feb 202510$391,120—4398.7%50.0%100.0%
Dec 202410$389,363$2113697.0%90.0%10.0%
Nov 20244$395,183$2153597.0%100.0%0.0%
Sep 20245$383,543$2081897.5%100.0%0.0%

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

Related markets

Lawrenceville city trends →

Homes for sale in Azalea Square, Lawrenceville → · ← FMLS report