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 August 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

$545,000

$211/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$38,333(+7.6%)

Key Takeaway

Homes in Peachtree Corners have sold for 7.6% more than they did a year ago.

Summary: The median home sold price in Peachtree Corners was $545,000 in August 2024, up 7.6% from last year, and the median price per square foot was $211.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $187.4K$210K
+12.0%
2 $250K$259K
+3.6%
3 $440K$470K
+6.8%
4 $565K$615K
+8.8%
5+ $710K$790K
+11.3%

Summary: Peachtree Corners housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 11.3%.

Median Sold Price Compared To Nearby Cities

Sandy Springs
+11.6%
Berkeley Lake
+10.9%
Johns Creek
+7.9%
Peachtree Corners
+7.6%
Norcross
+2.6%

Housing Supply in Peachtree Corners, GA

How many homes are available in Peachtree Corners, GA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
124120-3.2%

Summary: The Peachtree Corners real estate market had 120 homes for sale in August 2024, a 3.2% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 64
-33.3%
2 1518
+20.0%
3 5047
-6.0%
4 2424
0.0%
5+ 2927
-6.9%

Summary: The Peachtree Corners housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 6.9%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
4225-40.5%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

6 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. 44% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in Peachtree Corners in August 2024, down by 40.5% month-over-month. Of the 25 sold homes, 44% were sold under asking, 32% 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

Aug 2023Aug 2024CHANGE
25 Days13 Days-45.9%

Summary: Homes in Peachtree Corners had an average of 13 days on market in Aug 2024, down by 45.9% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 25 homes were sold in Peachtree Corners; 92% of homes were sold within 30 days, 8% 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 9 Days Ago

Newest Listings in Peachtree Corners, GA

Nearby Markets to Peachtree Corners, GA

What housing markets are near Peachtree Corners, GA?