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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Peachtree Heights East is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Peachtree Heights East was a Seller's Market.

Key Takeaway

Peachtree Heights East is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Peachtree Heights East, GA

How much do homes in Peachtree Heights East, GA cost?

Median Sold Price

$813,125

$360/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$166,750(+25.8%)

Key Takeaway

Homes in Peachtree Heights East have sold for 25.8% more than they did a year ago.

Summary: The median home sold price in Peachtree Heights East was $813,125 in April 2024, up 25.8% from last year, and the median price per square foot was $360.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$421.2K
N/A
2 $357.5K$522K
+46.0%
3 $742K$820K
+10.5%
4 $2.3M$1.1M
-50.3%
5+ $1.5M$1.6M
+6.7%

Summary: Peachtree Heights East housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 46%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 50.3%, and 5+ bedroom homes increased by 6.7%.

Median Sold Price Compared To Nearby Neighborhoods

Peachtree Heights East
+25.8%
Garden Hills
+16.6%
Buckhead
+11.2%

Housing Supply in Peachtree Heights East, GA

How many homes are available in Peachtree Heights East, GA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1521+40.0%

Summary: The Peachtree Heights East real estate market had 21 homes for sale in April 2024, a 40.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 24
+100.0%
2 34
+33.3%
3 37
+133.3%
4 64
-33.3%
5+ 12
+100.0%

Summary: The Peachtree Heights East housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 133.3%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Peachtree Heights East, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Peachtree Heights East in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Peachtree Heights East, GA

How long does it take to sell a home in Peachtree Heights East, GA?

Average Sale Time

Apr 2023Apr 2024CHANGE
18 Days10 Days-41.7%

Summary: Homes in Peachtree Heights East had an average of 10 days on market in Apr 2024, down by 41.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 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 Heights East are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in Peachtree Heights East; 100% of homes were sold within 30 days, 0% 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 1 Day Ago

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