Is Peachtree Heights West, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Peachtree Heights West was a Neutral Market.
Key Takeaway
Peachtree Heights West is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Peachtree Heights West, GA
How much do homes in Peachtree Heights West, GA cost?
Median Sold Price
$950,000
$401/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Peachtree Heights West have sold for 115.9% more than they did a year ago.
Summary: The median home sold price in Peachtree Heights West was $950,000 in April 2024, up 115.9% from last year, and the median price per square foot was $401.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $282.5K | $275K | -2.7% |
| 2 Bedrooms | $484K | $835K | +72.5% |
| 3 Bedrooms | $1.4M | $1.8M | +26.3% |
| 4 Bedrooms | $2.3M | $2.3M | +0.6% |
| 5+ Bedrooms | $3.8M | $3.4M | -11.1% |
Summary: Peachtree Heights West housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.7%, 2 bedroom homes increased by 72.5%, 3 bedroom homes increased by 26.3%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes decreased by 11.1%.
Housing Supply in Peachtree Heights West, GA
How many homes are available in Peachtree Heights West, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 53 | 65 | +22.6% |
Summary: The Peachtree Heights West real estate market had 65 homes for sale in April 2024, a 22.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 12 | +20.0% |
| 2 Bedrooms | 25 | 31 | +24.0% |
| 3 Bedrooms | 6 | 9 | +50.0% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Peachtree Heights West housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 24%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 12 | +50.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Peachtree Heights West, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Peachtree Heights West in April 2024, up by 50.0% month-over-month. Of the 12 sold homes, 83% were sold under asking, 8% were sold at asking, and 8% were sold over asking.
Days on Market for Peachtree Heights West, GA
How long does it take to sell a home in Peachtree Heights West, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 68 Days | 25 Days | -62.2% |
Summary: Homes in Peachtree Heights West had an average of 25 days on market in Apr 2024, down by 62.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Peachtree Heights West are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 12 homes were sold in Peachtree Heights West; 83% of homes were sold within 30 days, 17% 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.