FMLS Residential · school

West Forsyth

Closed sales series. Latest median $708,500 (-2.3% YoY). Balanced on live supply.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 187 active · 10 under contract · 24 pending. Total residential listings by status: 221.

Data confidence: High. 556 closings in the last 12 months. Enough closings to read a trend.

Latest median$708,500-2.3% YoY
Months of supply4.3Balanced · 4.0 on 46/mo trailing-12
$/SF$222+3.4% YoY
DOM36+100.0% YoY
Sale/list96.8%81.8% below

Versus the FMLS footprint

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

Median price+79.4%$708,500 vs $395,000 FMLS-wide
$/SF+18.9%$222 vs $187 FMLS-wide
DOM+9%36 days vs 33 FMLS-wide
Sale/list-2.0 pts96.8% 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.

56
Softening

3-month volume-weighted median $679,521 (-4.3% vs same 3 months last year) on 143 closings. Latest month is $708,500. Confidence: Moderate (143 closings in 3 months).

3-month $/SF is up 3.1% 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 supply31
4.3 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 price56
-4.3% · 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 / closed58
1.34 · 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 reduced53
34% · 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 trend60
+13.1% · 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

4.3 months of supply on last month’s pace (187 active ÷ 44 closings). 4.0 months on the trailing-12 pace (average 46 closings a month). These are different windows.Balanced. Buyers have choices; well-priced homes still close close to list. 81.8% of last month’s closings were below list. Days on market are up 100% from a year ago.

Homes for sale near West Forsyth, GA →

How homes actually closed

Above list2.3%More than 1% over list
At list15.9%Within 1% of list
Below list81.8%More than 1% under list
Price reduced34.1%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)0.1224 pending ÷ 197 (active + under contract)
New / closed1.3459 listed in 30 days vs 44 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 West Forsyth

High confidence. 556 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 $679,206. About $212 per square foot. Use that as a starting point, then adjust for your street and condition.
  • 4.3 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.
  • 81.8% 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 West Forsyth, GA →

What this means if you are listing in West Forsyth

  • Price to the closed median and $/SF here ($708,500, $222), not the FMLS-wide number. This market is above the FMLS footprint by 79.4% on median.
  • With 4.3 months of supply, expect about 36 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 81.8% of recent closings were below list and 34.1% 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 West Forsyth, 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 34.1% of recent closings had a price reduction.
  • This micro-market diverges from the FMLS footprint by 79%. 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 $300k20.9%
$300–500k3314.9%
$500–750k8940.3%
$750k–1M4620.8%
$1M+5123.1%

Property types

TypeListedMedian ask
Single Family Residence219$724,000
Townhouse2$432,000

187 active, 10 under contract, 24 pending. 59 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 202644$708,500$2223696.8%81.8%34.1%
Aug 202634$697,500$2253498.2%64.7%41.2%
Jul 202665$650,500$2082998.9%52.3%43.1%
Jun 202663$699,000$2152798.3%65.1%39.7%
May 202659$690,000$2162297.9%63.8%33.9%
Apr 202660$682,000$20339100.0%38.3%45.0%
Mar 202649$694,843$2183497.0%69.4%42.9%
Feb 202632$655,000$2022299.7%37.5%25.0%
Jan 202633$700,000$2053497.4%66.7%39.4%
Dec 202547$684,000$2033997.6%61.7%36.2%
Nov 202534$632,500$2043698.5%55.9%52.9%
Oct 202536$640,000$2272997.1%80.0%52.8%
Sep 202537$725,000$2141898.6%56.8%29.7%
Aug 202534$712,500$2012598.8%55.9%44.1%
Jul 202542$694,950$2122098.8%52.4%40.5%
Jun 202556$701,500$2252398.7%50.9%41.1%
May 202558$719,450$2191598.6%55.2%37.9%
Apr 202548$710,750$2039100.0%35.4%25.0%
Mar 202534$758,950$2181798.9%50.0%26.5%
Feb 202521$649,000$2226297.9%66.7%47.6%
Jan 202513$690,000$2182797.0%61.5%30.8%
Dec 202437$705,000$2112897.6%83.8%48.6%
Nov 202432$675,000$2372598.9%51.6%34.4%
Oct 202441$668,500$2011699.3%41.5%34.1%

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

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