Is Peachtree Corners, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Peachtree Corners has remained a Seller's Market.
Key Takeaway
Peachtree Corners is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Peachtree Corners, GA
How much do homes in Peachtree Corners, GA cost?
Median Sold Price
$523,730
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Peachtree Corners have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Peachtree Corners was $523,730 in March 2024, up 5.7% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $185K | $208.7K | +12.8% |
| 2 Bedrooms | $246K | $250K | +1.6% |
| 3 Bedrooms | $422K | $462.5K | +9.6% |
| 4 Bedrooms | $545K | $592.6K | +8.7% |
| 5+ Bedrooms | $695K | $799K | +15.0% |
Summary: Peachtree Corners housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.8%, 2 bedroom homes increased by 1.6%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 15%.
Median Sold Price Compared To Nearby Cities
| Sandy Springs | $551K | $621.8K | +12.9% |
| Johns Creek | $625K | $663.6K | +6.2% |
| Norcross | $320K | $338.6K | +5.8% |
| Peachtree Corners | $495.3K | $523.7K | +5.7% |
Housing Supply in Peachtree Corners, GA
How many homes are available in Peachtree Corners, GA?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 77 | 94 | +22.1% |
Summary: The Peachtree Corners real estate market had 94 homes for sale in March 2024, a 22.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 22 | 20 | -9.1% |
| 3 Bedrooms | 22 | 35 | +59.1% |
| 4 Bedrooms | 12 | 17 | +41.7% |
| 5+ Bedrooms | 17 | 17 | 0.0% |
Summary: The Peachtree Corners housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 59.1%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 26 | 19 | -26.9% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Peachtree Corners, you may be able to get a good deal. 38.9% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Peachtree Corners in March 2024, down by 26.9% month-over-month. Of the 18 sold homes, 39% were sold under asking, 39% were sold at asking, and 22% were sold over asking.
Days on Market for Peachtree Corners, GA
How long does it take to sell a home in Peachtree Corners, GA?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 41 Days | 23 Days | -43.5% |
Summary: Homes in Peachtree Corners had an average of 23 days on market in Mar 2024, down by 43.5% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Peachtree Corners are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 19 homes were sold in Peachtree Corners; 68% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 0% 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.