Is Alpharetta, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Alpharetta is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, Alpharetta has remained a Seller's Market.

Key Takeaway

Alpharetta is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Alpharetta, GA cost?

Median Sold Price

$549,986

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$99,819(+22.2%)

Key Takeaway

Homes in Alpharetta have sold for 22.2% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $363.9K$367.9K
+1.1%
2 $222K$270.2K
+21.7%
3 $376.4K$430.4K
+14.3%
4 $448.1K$550K
+22.7%
5+ $614.9K$738K
+20.0%

Median Sold Price Compared To Nearby Cities

Alpharetta
+22.2%
Milton
+22.1%
Johns Creek
+21.0%
Roswell-Alpharetta
+18.2%
Roswell
+14.5%

How many homes are available in Alpharetta, GA?

Number of Homes For Sale

Nov 2021Dec 2021%
260183-29.6%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 20
-100.0%
2 4223
-45.2%
3 7760
-22.1%
4 6747
-29.9%
5+ 7253
-26.4%

Number of Homes Sold

Nov 2021Dec 2021%
10693-12.3%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

49 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Alpharetta, you could pay more than the asking price. 57.6% of homes here sold above asking price last month.

Average Sale Time

Dec 2020Dec 2021%
27 Days16 Days-42.2%

Breakdown of Home Sale Times

77 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Alpharetta are selling fast, if you're buying plan to act quickly.

129 Devore Rd Unit 205, Alpharetta, GA 30009

129 Devore Rd Unit 205, Alpharetta, GA 30009

$489,900~$1,850/mo.*
2 Beds • 2 Baths1,490 SqFt
#6992152Listing Office:
The Providence Group Realty, LLC.MLS logo
10805 Tuxford Dr, Alpharetta, GA 30022

10805 Tuxford Dr, Alpharetta, GA 30022

$708,800~$2,650/mo.*
5 Beds • 4 Baths
#10014880Listing Office:
PalmerHouse PropertiesMLS logo
160 Denna Dr, Alpharetta, GA 30009

160 Denna Dr, Alpharetta, GA 30009

$399,000~$1,500/mo.*
3 Beds • 2 Baths1,836 SqFt
#10014844Listing Office:
Keller Williams RealtyMLS logo
221 Britten Pass, Alpharetta, GA 30009

221 Britten Pass, Alpharetta, GA 30009

$385,000~$1,450/mo.*
1 Bed • 2 Baths1,048 SqFt
#10014693Listing Office:
Berkshire Hathaway HomeServices Georgia PropertiesMLS logo
365 Birch Rill Dr, Alpharetta, GA 30022

365 Birch Rill Dr, Alpharetta, GA 30022

$345,000~$1,300/mo.*
3 Beds • 3 Baths1,396 SqFt
#6990682Listing Office:
Century 21 Connect RealtyMLS logo
205 Nottaway Ln, Alpharetta, GA 30009

205 Nottaway Ln, Alpharetta, GA 30009

$635,000~$2,400/mo.*
3 Beds • 3 Baths2,134 SqFt
#6939737Listing Office:
Harry Norman RealtorsMLS logo
5320 Leeward Run Dr, Alpharetta, GA 30005

5320 Leeward Run Dr, Alpharetta, GA 30005

$590,000~$2,200/mo.*
5 Beds • 4 Baths3,000 SqFt
#6991617Listing Office:
Berkshire Hathaway HomeServices Georgia PropertiesMLS logo
105 Parkerwood Way, Alpharetta, GA 30022

105 Parkerwood Way, Alpharetta, GA 30022

$475,000~$1,800/mo.*
4 Beds • 3 Baths2,749 SqFt
#6991259Listing Office:
Harry Norman RealtorsMLS logo
221 Britten Pass, Alpharetta, GA 30009

221 Britten Pass, Alpharetta, GA 30009

$385,000~$1,450/mo.*
1 Bed • 2 Baths1,048 SqFt
#6991501Listing Office:
Berkshire Hathaway HomeServices Georgia PropertiesMLS logo
351 S Esplanade, Alpharetta, GA 30009

351 S Esplanade, Alpharetta, GA 30009

$995,000~$3,750/mo.*
4 Beds • 4 Baths2,500 SqFt
#6990644Listing Office:
CompassMLS logo
351 S Esplanade, Alpharetta, GA 30009

351 S Esplanade, Alpharetta, GA 30009

$995,000~$3,750/mo.*
4 Beds • 4 Baths2,500 SqFt
#10014375Listing Office:
CompassMLS logo
154 Upshaw Dr, Alpharetta, GA 30009

154 Upshaw Dr, Alpharetta, GA 30009

$1,300,000~$4,900/mo.*
3 Beds • 3 Baths3,586 SqFt
#6991091Listing Office:
Ansley Real EstateMLS logo

About Alpharetta, GA

There are 183 homes are for sale in Alpharetta, GA real estate market. The number of listings in Alpharetta, GA decreased by 29.6% between November 2021 and December 2021. The median list price of listings available in December 2021 was $549,986, while the average time on the real estate market was 16 days. This housing market listing prices have changed between November 2021 and December 2021: 1 bedroom properties became 1.1% more expensive, 2 bedrooms properties prices increased by 21.7%, prices of 3 bedrooms properties increased by 14.3%, 4 bedrooms properties became 22.7% more expensive, prices of 5 bedrooms properties increased by 20%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes went down by 100%, volume of 2 bedrooms homes went down by 45.2%, number of 3 bedrooms homes decreased by 22.1%, 4 bedrooms homes inventory decreased by 29.9%, volume of 5 bedrooms homes went down by 26.4%. Over 49 listings were sold over their listed price in December 2021 in Alpharetta, GA. In the same period over 19 listings were sold below the listed price and 17 listings were sold for the listed price.

MLS Disclaimers and Copyright

Based on information from First Multiple Listing Service Inc., and Georgia MLS for the period 01/01/2020 - 01/01/2022

IDX 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. If you believe any FMLS listing contains material that infringes your copyrighted work please Click Here to review our DMCA and learn how to submit a takedown request. Information is deemed reliable but is not guaranteed. © 2022 First Multiple Listing Service, Inc.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Last updated on: 1/20/2022, 11:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

IDX Based on information from the Georgia MLS © 2022.

All information provided is deemed reliable but is not guaranteed and should be independently verified. GAMLS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and this broker assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

DMCA Notice
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Last updated on: 1/20/2022, 11:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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