Is Chattahoochee Hills, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Chattahoochee Hills has remained a Seller's Market.
Key Takeaway
Chattahoochee Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chattahoochee Hills, GA
How much do homes in Chattahoochee Hills, GA cost?
Median Sold Price
$899,000
$455/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Chattahoochee Hills have sold for 29.5% more than they did a year ago.
Summary: The median home sold price in Chattahoochee Hills was $899,000 in May 2024, up 29.5% from last year, and the median price per square foot was $455.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $505K | $1.0M | +98.0% |
| 2 Bedrooms | $699K | $637.5K | -8.8% |
| 3 Bedrooms | $714.9K | $899K | +25.7% |
| 4 Bedrooms | $552.5K | $1.1M | +112.2% |
| 5+ Bedrooms | $1.2M | $1.3M | +4.4% |
Summary: Chattahoochee Hills housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 98%, 2 bedroom homes decreased by 8.8%, 3 bedroom homes increased by 25.7%, 4 bedroom homes increased by 112.2%, and 5+ bedroom homes increased by 4.4%.
Housing Supply in Chattahoochee Hills, GA
How many homes are available in Chattahoochee Hills, GA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 69 | 77 | +11.6% |
Summary: The Chattahoochee Hills real estate market had 77 homes for sale in May 2024, a 11.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 20 | 21 | +5.0% |
| 3 Bedrooms | 29 | 26 | -10.3% |
| 4 Bedrooms | 14 | 22 | +57.1% |
| 5+ Bedrooms | 5 | 7 | +40.0% |
Summary: The Chattahoochee Hills housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes increased by 40%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 7 | 15 | +114.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chattahoochee Hills, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Chattahoochee Hills in May 2024, up by 114.3% month-over-month. Of the 15 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Chattahoochee Hills, GA
How long does it take to sell a home in Chattahoochee Hills, GA?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 72 Days | 56 Days | -21.8% |
Summary: Homes in Chattahoochee Hills had an average of 56 days on market in May 2024, down by 21.8% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Chattahoochee Hills has remained consistent over time.
Summary: During May 2024, 15 homes were sold in Chattahoochee Hills; 33% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.