Is Peachtree Corners, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Peachtree Corners is a seller's market

Buyer's
Market

Difference Since September 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

$556,666

$210/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$55,799(+11.1%)

Key Takeaway

Homes in Peachtree Corners have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in Peachtree Corners was $556,666 in September 2024, up 11.1% from last year, and the median price per square foot was $210.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $189.9K$211.2K
+11.2%
2 $250K$251.5K
+0.6%
3 $450K$477.5K
+6.1%
4 $565K$624.9K
+10.6%
5+ $685K$790K
+15.3%

Summary: Peachtree Corners housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.2%, 2 bedroom homes increased by 0.6%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 15.3%.

Median Sold Price Compared To Nearby Cities

Sandy Springs
+12.9%
Peachtree Corners
+11.1%
Johns Creek
+6.4%
Norcross
+1.3%

Housing Supply in Peachtree Corners, GA

How many homes are available in Peachtree Corners, GA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
99112+13.1%

Summary: The Peachtree Corners real estate market had 112 homes for sale in September 2024, a 13.1% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 44
0.0%
2 1623
+43.8%
3 3948
+23.1%
4 1820
+11.1%
5+ 2217
-22.7%

Summary: The Peachtree Corners housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 43.8%, 3 bedroom homes increased by 23.1%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 22.7%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2721-22.2%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Peachtree Corners, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.

Summary: A total of 21 homes were sold or pending in Peachtree Corners in September 2024, down by 22.2% month-over-month. Of the 21 sold homes, 52% were sold under asking, 24% were sold at asking, and 24% 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

Sep 2023Sep 2024CHANGE
26 Days27 Days+2.3%

Summary: Homes in Peachtree Corners had an average of 27 days on market in Sep 2024, up by 2.3% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Peachtree Corners has remained consistent over time.

Summary: During September 2024, 21 homes were sold in Peachtree Corners; 48% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

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