Is Peachtree City, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2022
Since last year, Peachtree City has remained a Seller's Market.
Housing Prices in Peachtree City, GA
How much do homes in Peachtree City, GA cost?
Median Sold Price
$549,450
$214/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2022
Summary: The median home sold price in Peachtree City was $549,450 in November 2023, up 12.8% from last year, and the median price per square foot was $214.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Nov 2022 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $275K | $366K | +33.1% |
3 Bedrooms | $372K | $445K | +19.6% |
4 Bedrooms | $527K | $560K | +6.3% |
5+ Bedrooms | $675K | $754.9K | +11.8% |
Summary: Peachtree City housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 33.1%, 3 bedroom homes increased by 19.6%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 11.8%.
Median Sold Price Compared To Nearby Cities
Senoia | $432K | $524.9K | +21.5% |
Peachtree City-Tyrone | $508.6K | $574.5K | +13.0% |
Peachtree City | $487K | $549.4K | +12.8% |
Tyrone | $512.5K | $564.9K | +10.2% |
Housing Supply in Peachtree City, GA
How many homes are available in Peachtree City, GA?
Number of Homes For Sale
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
126 | 142 | +12.7% |
Summary: The Peachtree City real estate market had 142 homes for sale in November 2023, a 12.7% increase compared to October 2023.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Oct 2023 | Nov 2023 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 18 | 17 | -5.6% |
3 Bedrooms | 42 | 46 | +9.5% |
4 Bedrooms | 38 | 52 | +36.8% |
5+ Bedrooms | 28 | 27 | -3.6% |
Summary: The Peachtree City housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 36.8%, and 5+ bedroom homes decreased by 3.6%.
Number of Homes Sold
Oct 2023 | Nov 2023 | CHANGE |
---|---|---|
32 | 37 | +15.6% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 37 homes were sold or pending in Peachtree City in November 2023, up by 15.6% month-over-month. Of the 34 sold homes, 47% were sold under asking, 24% were sold at asking, and 29% were sold over asking.
Days on Market for Peachtree City, GA
How long does it take to sell a home in Peachtree City, GA?
Average Sale Time
Nov 2022 | Nov 2023 | CHANGE |
---|---|---|
20 Days | 21 Days | +4.1% |
Summary: Homes in Peachtree City had an average of 21 days on market in Nov 2023, up by 4.1% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During November 2023, 37 homes were sold in Peachtree City; 81% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.