FMLS Residential · school

North Forsyth

Closed sales series. Latest median $545,000 (-8.8% YoY). Buyer-leaning on live supply.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 280 active · 14 under contract · 34 pending. Total residential listings by status: 328.

Data confidence: High. 635 closings in the last 12 months. Enough closings to read a trend.

Latest median$545,000-8.8% YoY
Months of supply7.2Buyer-leaning · 5.3 on 53/mo trailing-12
$/SF$197-3.9% YoY
DOM44-18.5% YoY
Sale/list97.7%71.8% below

Versus the FMLS footprint

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

Median price+38.0%$545,000 vs $395,000 FMLS-wide
$/SF+5.4%$197 vs $187 FMLS-wide
DOM+33%44 days vs 33 FMLS-wide
Sale/list-1.1 pts97.7% 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.

84
Buyer window

3-month volume-weighted median $533,692 (-7.3% vs same 3 months last year) on 130 closings. Latest month is $545,000. Confidence: Moderate (130 closings in 3 months).

3-month $/SF is down 1.0% versus the same 3 months last year.

Months of supply81
7.2 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 price67
-7.3% · 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 / closed95
2.33 · 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
0.12 · 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 reduced90
51% · 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
+45.5% · 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.

Buyer-leaning

7.2 months of supply on last month’s pace (280 active ÷ 39 closings). 5.3 months on the trailing-12 pace (average 53 closings a month). These are different windows.Buyers have more room, especially on homes that have sat past 30 days. 71.8% of last month’s closings were below list. Days on market are down 19% from a year ago.

Homes for sale near North Forsyth, GA →

How homes actually closed

Above list2.6%More than 1% over list
At list25.6%Within 1% of list
Below list71.8%More than 1% under list
Price reduced51.3%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)0.1234 pending ÷ 294 (active + under contract)
New / closed2.3391 listed in 30 days vs 39 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 North Forsyth

High confidence. 635 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 $556,986. About $197 per square foot. Use that as a starting point, then adjust for your street and condition.
  • 7.2 months of supply on last month’s pace. Expect about 35 days if you price correctly. Longer than that usually means the price is high.
  • 71.8% 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 North Forsyth, GA →

What this means if you are listing in North Forsyth

  • Price to the closed median and $/SF here ($545,000, $197), not the FMLS-wide number. This market is above the FMLS footprint by 38.0% on median.
  • With 7.2 months of supply, expect about 44 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 71.8% of recent closings were below list and 51.3% 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 North Forsyth, GA →

What this means if you are making an offer

  • Supply is elevated. You have more room than in a seller’s market, especially on homes past 30 days.
  • Your better leverage is on homes that have been listed 30+ days or have already reduced. About 51.3% of recent closings had a price reduction.
  • This micro-market diverges from the FMLS footprint by 38%. 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 $300k20.6%
$300–500k6921.0%
$500–750k17954.6%
$750k–1M5316.2%
$1M+257.6%

Property types

TypeListedMedian ask
Single Family Residence317$650,000
Townhouse7$389,000
Condominium4$534,123

280 active, 14 under contract, 34 pending. 91 new in the last 30 days.

Median close price

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 202639$545,000$1974497.7%71.8%51.3%
Aug 202634$485,000$1982598.4%58.8%50.0%
Jul 202657$555,000$1993798.8%54.4%45.6%
Jun 202685$575,000$2022398.9%50.6%37.6%
May 202655$550,000$2022997.8%58.2%32.7%
Apr 202659$520,000$1952198.5%56.9%32.2%
Mar 202654$560,250$2012898.7%57.4%33.3%
Feb 202644$537,000$1963598.1%61.4%45.5%
Jan 202640$603,125$1904297.8%67.5%50.0%
Dec 202563$555,000$1933997.5%76.2%54.0%
Nov 202549$569,990$1915698.1%69.4%59.2%
Oct 202556$600,000$1924997.8%64.3%44.6%
Sep 202566$597,500$2055498.5%57.6%57.6%
Aug 202552$537,500$2053898.0%57.7%53.8%
Jul 202559$585,000$1912999.4%42.4%44.1%
Jun 202566$607,626$2032999.0%50.0%39.4%
May 202577$580,000$2052298.9%50.6%36.4%
Apr 202552$580,000$2092198.5%53.8%28.8%
Mar 202555$598,000$2062799.4%42.6%32.7%
Feb 202547$593,000$2023398.5%61.7%25.5%
Jan 202536$586,200$2145198.8%52.8%47.2%
Dec 202458$628,458$2043798.5%58.6%34.5%
Nov 202442$556,000$2043599.1%47.6%38.1%
Oct 202458$582,500$2062399.0%50.0%36.2%

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

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