FMLS Residential · school

South Gwinnett

Closed sales series. Latest median $386,000 (+4.0% YoY). Buyer-leaning on live supply.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 249 active · 9 under contract · 48 pending. Total residential listings by status: 306.

Data confidence: High. 643 closings in the last 12 months. Enough closings to read a trend.

Latest median$386,000+4.0% YoY
Months of supply6.4Buyer-leaning · 4.6 on 54/mo trailing-12
$/SF$176+3.9% YoY
DOM47+5.6% YoY
Sale/list100.0%43.6% below

Versus the FMLS footprint

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

Median price-2.3%$386,000 vs $395,000 FMLS-wide
$/SF-5.9%$176 vs $187 FMLS-wide
DOM+42%47 days vs 33 FMLS-wide
Sale/list+1.2 pts100.0% 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.

72
Buyer window

3-month volume-weighted median $361,683 (-2.9% vs same 3 months last year) on 139 closings. Latest month is $386,000. Confidence: Moderate (139 closings in 3 months).

3-month $/SF is down 1.2% versus the same 3 months last year.

Months of supply68
6.4 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 price51
-2.9% · 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 / closed86
1.69 · 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)84
0.19 · 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 reduced69
41% · 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 trend85
+27.0% · 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

6.4 months of supply on last month’s pace (249 active ÷ 39 closings). 4.6 months on the trailing-12 pace (average 54 closings a month). These are different windows.Buyers have more room, especially on homes that have sat past 30 days. 43.6% of last month’s closings were below list. Days on market are up 6% from a year ago.

Homes for sale near South Gwinnett, GA →

How homes actually closed

Above list12.8%More than 1% over list
At list43.6%Within 1% of list
Below list43.6%More than 1% under list
Price reduced41.0%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)0.1948 pending ÷ 258 (active + under contract)
New / closed1.6966 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 South Gwinnett

High confidence. 643 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 $363,587. About $169 per square foot. Use that as a starting point, then adjust for your street and condition.
  • 6.4 months of supply on last month’s pace. Expect about 34 days if you price correctly. Longer than that usually means the price is high.
  • 43.6% 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 South Gwinnett, GA →

What this means if you are listing in South Gwinnett

  • Price to the closed median and $/SF here ($386,000, $176), not the FMLS-wide number. This market is below the FMLS footprint by 2.3% on median.
  • With 6.4 months of supply, expect about 47 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 43.6% of recent closings were below list and 41.0% 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 South Gwinnett, 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 41.0% of recent closings had a price reduction.
  • Confirm the number against the neighborhood or ZIP page, not just the city or FMLS-wide median.
  • 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 $300k3511.4%
$300–500k23476.5%
$500–750k3210.5%
$750k–1M31.0%
$1M+20.7%

Property types

TypeListedMedian ask
Single Family Residence249$395,000
Townhouse57$324,990

249 active, 9 under contract, 48 pending. 66 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 202639$386,000$17647100.0%43.6%41.0%
Aug 202655$354,000$16522100.0%44.4%29.1%
Jul 202645$350,000$16528100.0%26.7%48.9%
Jun 202668$370,000$17629100.0%29.4%22.1%
May 202663$357,000$17218100.0%43.5%33.3%
Apr 202668$355,000$16430100.0%42.6%32.4%
Mar 202675$365,000$16545100.0%37.8%48.0%
Feb 202636$367,500$16047100.0%31.4%50.0%
Jan 202640$354,360$1684199.9%42.5%42.5%
Dec 202545$360,000$1723199.7%39.5%40.0%
Nov 202542$372,000$16947100.0%38.1%59.5%
Oct 202567$374,900$17540100.0%35.4%55.2%
Sep 202560$371,000$1694599.6%48.3%51.7%
Aug 202548$357,750$1692398.7%54.3%39.6%
Jul 202550$388,500$17235100.0%28.0%36.0%
Jun 202550$401,925$18220100.0%36.0%40.0%
May 202561$390,000$17732100.0%36.1%37.7%
Apr 202559$384,000$18024100.0%37.3%35.6%
Mar 202565$370,000$16943100.0%43.1%41.5%
Feb 202531$365,000$16321100.0%29.0%35.5%
Jan 202535$379,000$17731100.0%31.4%40.0%
Dec 202445$363,000$1712998.6%54.5%33.3%
Nov 202451$345,000$1663199.0%50.0%39.2%
Oct 202451$382,000$1622999.9%34.0%37.3%

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

Homes for sale near South Gwinnett, GA → · ← FMLS report