Is Mountain Park, 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, Mountain Park has remained a Seller's Market.
Housing Prices in Mountain Park, GA
How much do homes in Mountain Park, GA cost?
Median Sold Price
$612,500
$263/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Mountain Park was $612,500 in May 2024, up 62% from last year, and the median price per square foot was $263.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $302.5K | $234K | -22.6% |
2 Bedrooms | $261.5K | $255K | -2.5% |
3 Bedrooms | $405K | $425K | +4.9% |
4 Bedrooms | $615K | $627.5K | +2.0% |
5+ Bedrooms | - | $1.0M | N/A |
Summary: Mountain Park housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.6%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Mountain Park | $378K | $612.5K | +62.0% |
Roswell-Alpharetta | $632K | $691.6K | +9.4% |
Roswell | $585.3K | $635.1K | +8.5% |
Housing Supply in Mountain Park, GA
How many homes are available in Mountain Park, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
2 | 4 | +100.0% |
Summary: The Mountain Park real estate market had 4 homes for sale in May 2024, a 100.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 2 | 3 | +50.0% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mountain Park 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 remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Mountain Park in May 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Mountain Park, GA
How long does it take to sell a home in Mountain Park, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
77 Days | 45 Days | -40.9% |
Summary: Homes in Mountain Park had an average of 45 days on market in May 2024, down by 40.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 2 homes were sold in Mountain Park; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.