FMLS Residential · school

Forsyth Central

Closed sales series. Latest median $500,000 (-18.0% YoY). Balanced on live supply.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 297 active · 11 under contract · 41 pending. Total residential listings by status: 349.

Data confidence: High. 655 closings in the last 12 months. Enough closings to read a trend.

Latest median$500,000-18.0% YoY
Months of supply5.2Balanced · 5.4 on 55/mo trailing-12
$/SF$207-1.4% YoY
DOM32+3.2% YoY
Sale/list98.2%59.6% below

Versus the FMLS footprint

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

Median price+26.6%$500,000 vs $395,000 FMLS-wide
$/SF+10.7%$207 vs $187 FMLS-wide
DOM-3%32 days vs 33 FMLS-wide
Sale/list-0.7 pts98.2% vs 98.8%

Opportunity score

0–100. Higher means more room for a buyer right now. Price change uses the 3-month median, not one month. Each part is scored 0–100, then weighted. Includes live supply and demand. Screening tool, not a forecast.

67
Softening

3-month volume-weighted median $507,764 (-4.9% vs same 3 months last year) on 163 closings. Latest month is $500,000. Confidence: High (163 closings in 3 months).

3-month $/SF is down 3.2% versus the same 3 months last year.

Months of supply48
5.2 months · 25% of the score

Active homes divided by last month’s closings. Under 4 favors sellers. Above 6 gives buyers more choices and more room.

YoY price59
-4.9% · 20% of the score

3-month volume-weighted median versus the same 3 months a year ago. One month cannot swing this. A rising median with falling $/SF is usually mix, not appreciation.

New / closed69
1.47 · 20% of the score

New listings in 30 days versus last month’s closings. Above 1.2 means inventory is building. That usually softens the next 30–90 days.

Pending / (active + under contract)90
0.13 · 15% of the score

Pending divided by active plus under contract. Not pending divided by active alone. Low means demand is not absorbing the stock.

Price reduced72
42% · 10% of the score

Share of recent closings that had already cut the list price. High means sellers are adjusting. That is where negotiation usually appears.

DOM trend90
+50.4% · 10% of the score

Direction of days on market over the last 6 months, not the current DOM. A low score here means DOM is falling, which favors sellers even if supply is high.

Balanced

5.2 months of supply on last month’s pace (297 active ÷ 57 closings). 5.4 months on the trailing-12 pace (average 55 closings a month). These are different windows.Balanced. Buyers have choices; well-priced homes still close close to list. 59.6% of last month’s closings were below list. Days on market are up 3% from a year ago.

Homes for sale near Forsyth Central, GA →

How homes actually closed

Above list3.5%More than 1% over list
At list36.8%Within 1% of list
Below list59.6%More than 1% under list
Price reduced42.1%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)0.1341 pending ÷ 308 (active + under contract)
New / closed1.4784 listed in 30 days vs 57 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 Forsyth Central

High confidence. 655 closings in the last 12 months.

  • Buyers search this school zone. It is the competitive set for your home, more than the city median.
  • Recent closings center around $526,955. About $223 per square foot. Use that as a starting point, then adjust for your street and condition.
  • 5.2 months of supply on last month’s pace. Expect about 31 days if you price correctly. Longer than that usually means the price is high.
  • 59.6% of recent closings were below list. If you are thinking about selling in the next 90 days, look at what is active now, not just what closed. Homes for sale near Forsyth Central, GA →

What this means if you are listing in Forsyth Central

  • Price to the closed median and $/SF here ($500,000, $207), not the FMLS-wide number. This market is above the FMLS footprint by 26.6% on median.
  • With 5.2 months of supply, expect about 32 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 59.6% of recent closings were below list and 42.1% of listings had already reduced. Concessions show up more on listings that have already sat.
  • Check live inventory for the actual competition before you set the number. Homes for sale near Forsyth Central, GA →

What this means if you are making an offer

  • Well-priced homes still close close to list; your better leverage is on homes that have sat.
  • Your better leverage is on homes that have been listed 30+ days or have already reduced. About 42.1% of recent closings had a price reduction.
  • This micro-market diverges from the FMLS footprint by 27%. Do not use the statewide median as your comp base.
  • Closed prices lag 30–90 days. Confirm current supply on the inventory page before you assume the temperature has not shifted.

Live inventory mix

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

Price bands

BandListedShare
Under $300k51.4%
$300–500k14140.4%
$500–750k14441.3%
$750k–1M4914.0%
$1M+102.9%

Property types

TypeListedMedian ask
Single Family Residence235$630,000
Townhouse86$447,231
Condominium28$422,300

297 active, 11 under contract, 41 pending. 84 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 202657$500,000$2073298.2%59.6%42.1%
Aug 202648$538,450$2223498.0%60.4%56.3%
Jul 202658$490,000$2173497.7%63.8%50.0%
Jun 202672$566,000$2242298.6%58.3%36.1%
May 202656$532,000$2162498.9%50.9%28.6%
Apr 202665$535,000$2292198.6%56.9%30.8%
Mar 202656$533,500$2293198.7%51.8%37.5%
Feb 202647$545,000$2243398.6%53.2%34.0%
Jan 202634$537,500$2265297.8%64.7%61.8%
Dec 202557$515,000$2303098.3%63.2%49.1%
Nov 202547$500,000$2343098.3%59.6%46.8%
Oct 202558$525,000$2244298.3%60.3%46.6%
Sep 202549$610,000$2103198.2%55.1%42.9%
Aug 202563$485,000$2193396.9%82.0%44.4%
Jul 202573$525,000$2322498.5%61.6%32.9%
Jun 202565$545,450$2292099.6%44.6%26.2%
May 202568$532,500$2402298.5%55.9%33.8%
Apr 202560$602,500$2312498.5%55.0%31.7%
Mar 202551$590,000$2302998.7%62.7%23.5%
Feb 202553$565,000$2203898.5%62.3%28.3%
Jan 202541$575,000$2211599.3%48.8%31.7%
Dec 202454$559,225$2172899.0%50.0%31.5%
Nov 202446$507,380$2292198.0%63.0%39.1%
Oct 202462$541,975$24524100.0%32.3%25.8%

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

Homes for sale near Forsyth Central, GA → · ← FMLS report