FMLS Residential · school

Lassiter

Closed sales series. Latest median $605,000 (+8.0% YoY). Seller-leaning on live supply.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 82 active · 2 under contract · 13 pending. Total residential listings by status: 97.

Data confidence: High. 317 closings in the last 12 months. Enough closings to read a trend.

Latest median$605,000+8.0% YoY
Months of supply3.6Seller-leaning · 3.1 on 26/mo trailing-12
$/SF$191-14.2% YoY
DOM31+19.2% YoY
Sale/list96.6%65.2% below

Versus the FMLS footprint

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

Median price+53.2%$605,000 vs $395,000 FMLS-wide
$/SF+2.3%$191 vs $187 FMLS-wide
DOM-6%31 days vs 33 FMLS-wide
Sale/list-2.3 pts96.6% 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.

55
Softening

3-month volume-weighted median $643,933 (+3.4% vs same 3 months last year) on 75 closings. Latest month is $605,000. Confidence: Moderate (75 closings in 3 months).

3-month $/SF is down 7.2% versus the same 3 months last year. Median and $/SF are moving apart. That is usually a change in what sold, not pure appreciation or depreciation.

Months of supply20
3.6 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 price29
+3.4% · 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 / closed76
1.57 · 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)89
0.15 · 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 reduced65
39% · 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
+288.2% · 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.

Seller-leaning

3.6 months of supply on last month’s pace (82 active ÷ 23 closings). 3.1 months on the trailing-12 pace (average 26 closings a month). These are different windows.Sellers have leverage on well-priced homes. 65.2% of last month’s closings were below list. Days on market are up 19% from a year ago.

Homes for sale near Lassiter, GA →

How homes actually closed

Above list0.0%More than 1% over list
At list34.8%Within 1% of list
Below list65.2%More than 1% under list
Price reduced39.1%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)0.1513 pending ÷ 84 (active + under contract)
New / closed1.5736 listed in 30 days vs 23 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 Lassiter

High confidence. 317 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 $653,965. About $209 per square foot. Use that as a starting point, then adjust for your street and condition.
  • 3.6 months of supply on last month’s pace. Expect about 15 days if you price correctly. Longer than that usually means the price is high.
  • 65.2% 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 Lassiter, GA →

What this means if you are listing in Lassiter

  • Price to the closed median and $/SF here ($605,000, $191), not the FMLS-wide number. This market is above the FMLS footprint by 53.2% on median.
  • With 3.6 months of supply, expect about 31 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 65.2% of recent closings were below list and 39.1% 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 Lassiter, GA →

What this means if you are making an offer

  • Supply is tight. Well-priced homes still get competition. Come in close to list on fresh listings.
  • Your better leverage is on homes that have been listed 30+ days or have already reduced. About 39.1% of recent closings had a price reduction.
  • This micro-market diverges from the FMLS footprint by 53%. 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 $300k22.1%
$300–500k1616.5%
$500–750k3839.2%
$750k–1M2020.6%
$1M+2121.6%

Property types

TypeListedMedian ask
Single Family Residence95$685,000
Condominium2$239,950

82 active, 2 under contract, 13 pending. 36 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 202623$605,000$1913196.6%65.2%39.1%
Aug 202620$715,000$20026100.0%40.0%45.0%
Jul 202632$627,500$213999.6%43.8%18.8%
Jun 202631$572,500$224799.6%45.2%25.8%
May 202646$662,738$2206100.0%39.1%21.7%
Apr 202624$728,358$2084100.0%30.4%20.8%
Mar 202630$710,000$2091399.0%50.0%43.3%
Feb 202628$622,500$2051999.7%42.9%32.1%
Jan 202612$644,000$2402098.7%58.3%25.0%
Dec 202522$552,500$1982797.3%68.2%36.4%
Nov 202521$695,000$1952497.8%61.9%38.1%
Oct 202528$717,500$2001198.0%64.3%28.6%
Sep 202527$560,000$22326100.0%44.4%55.6%
Aug 202531$720,000$2201998.6%54.8%48.4%
Jul 202529$578,000$2136100.0%24.1%20.7%
Jun 202542$690,000$210699.7%46.3%19.0%
May 202537$750,000$2084100.0%32.4%24.3%
Apr 202533$755,000$2098100.0%36.4%27.3%
Mar 202531$700,000$2081598.9%51.6%19.4%
Feb 202522$735,000$2168100.0%36.4%22.7%
Jan 20259$625,000$1971699.7%33.3%33.3%
Dec 202420$622,500$1951299.4%50.0%30.0%
Nov 202415$600,000$21216100.0%46.7%40.0%
Oct 202419$525,000$1762397.5%77.8%52.6%

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

Homes for sale near Lassiter, GA → · ← FMLS report