FMLS Residential · neighborhood

Mirror Lake

Neighborhood series. Most months are too thin for a median. 73 closings in the last 12 months. Use Villa Rica as the pricing context.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 47 active · 4 under contract · 2 pending. Total residential listings by status: 53.

Data confidence: Moderate. 73 closings in the last 12 months. Usable if you stay on rolling periods and compare to the parent market.

12-month closings73Enough to sketch a range
12-month median$412,402Volume-weighted, not one month
12-month $/SF$154Better than the median here
Live active477.8 months of supply
12-month DOM6629.3% 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.

  • 73 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 Villa Rica, then adjust for this subdivision’s size, age, and condition.
  • 47 homes are active right now. That live list is more useful than last month’s median. Homes for sale in Mirror Lake, Villa Rica →

Versus the FMLS footprint

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

Median price-1.9%$387,490 vs $395,000 FMLS-wide
$/SF-20.5%$148 vs $187 FMLS-wide
DOM+235%111 days vs 33 FMLS-wide
Sale/list+1.2 pts100.0% vs 98.8%
Buyer-leaning

7.8 months of supply on last month’s pace (47 active ÷ 6 closings). 7.7 months on the trailing-12 pace (average 6 closings a month). These are different windows.Buyers have more room, especially on homes that have sat past 30 days. 16.7% of last month’s closings were below list.

Homes for sale in Mirror Lake, Villa Rica →

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 list66.7%Within 1% of list
Below list16.7%More than 1% under list
Price reduced66.7%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)0.042 pending ÷ 51 (active + under contract)
New / closed1.8311 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 Mirror Lake

Moderate confidence. 73 closings in the last 12 months.

  • Your subdivision is a competitive set, not a market index. The trailing-year median is $412,402.
  • Start with Villa Rica, then adjust for lot, size, age, and condition.
  • 47 homes are competing with yours right now. That live list matters more than last month’s median. Homes for sale in Mirror Lake, Villa Rica →
  • Homes that sold in the last year took about 66 days. If you list, price to the 12-month $/SF ($154), not a single recent sale.

What this means if you are listing in Mirror Lake

  • Price to the 12-month median and $/SF ($412,402, $154), not last month and not the FMLS-wide number. Then check it against Villa Rica.
  • 7.8 months of supply on last month’s pace. Homes that sold in the last year took about 66 days. Longer than the 12-month DOM usually means the price is high.
  • 29.3% of the last 12 months’ closings were below list. 58.6% 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 Mirror Lake, Villa Rica →

What this means if you are making an offer

  • Supply is elevated at 7.8 months. You have room, especially on homes past 66 days.
  • 58.6% of the last year’s closings had already reduced. That is where the negotiation is.
  • Do not use the FMLS-wide median. Start with Villa Rica, 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 Mirror Lake, Villa Rica →

Live inventory mix

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

Price bands

BandListedShare
$300–500k3871.7%
$500–750k1528.3%

Property types

TypeListedMedian ask
Single Family Residence53$476,443

47 active, 4 under contract, 2 pending. 11 new in the last 30 days.

Median close price

2021-10 – 2026-09
2021-102026-09

Monthly series

Most recent months first. Medians require at least 5 closings in the month.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Sep 20266$387,490$148111100.0%16.7%66.7%
Aug 20265$395,000$15877100.0%20.0%40.0%
Jul 20268$449,726$1464398.8%62.5%62.5%
Jun 20264——————
May 202610$404,990$16056100.0%10.0%80.0%
Apr 20264——————
Mar 20264——————
Feb 20269$399,990$15022100.0%22.2%33.3%
Jan 20266$402,175$14291100.0%33.3%83.3%
Dec 20259$414,990$1488798.1%55.6%55.6%
Nov 20253——————
Oct 20255$444,757$19570100.0%0.0%40.0%
Sep 20253——————
Aug 20258$338,750$17812100.0%12.5%25.0%
Jul 20257$435,000$1497100.0%42.9%28.6%
Jun 20254——————
May 20254——————
Apr 20251——————
Mar 20254——————
Feb 20255$463,142$17680100.0%40.0%60.0%
Jan 20251——————
Dec 20242——————
Nov 20243——————
Oct 20242——————

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

Related markets

Villa Rica city trends →

Homes for sale in Mirror Lake, Villa Rica → · ← FMLS report