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.

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.

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