Is Roswell-Alpharetta, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Roswell-Alpharetta has remained a Seller's Market.
Housing Prices in Roswell-Alpharetta, GA
How much do homes in Roswell-Alpharetta, GA cost?
Median Sold Price
$700,000
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Roswell-Alpharetta was $700,000 in June 2024, up 11.6% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $320K | $335K | +4.7% |
2 Bedrooms | $329.8K | $355.5K | +7.8% |
3 Bedrooms | $487.7K | $534.7K | +9.7% |
4 Bedrooms | $624.7K | $695.2K | +11.3% |
5+ Bedrooms | $917.6K | $997.6K | +8.7% |
Summary: Roswell-Alpharetta housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.7%, 2 bedroom homes increased by 7.8%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 8.7%.
Median Sold Price Compared To Nearby Cities
Milton | $818.3K | $931K | +13.8% |
Big Creek | $649.6K | $730.5K | +12.4% |
Roswell-Alpharetta | $627K | $700K | +11.6% |
Alpharetta | $658.3K | $734K | +11.5% |
Johns Creek | $620K | $685K | +10.5% |
Housing Supply in Roswell-Alpharetta, GA
How many homes are available in Roswell-Alpharetta, GA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
1,537 | 1,692 | +10.1% |
Summary: The Roswell-Alpharetta real estate market had 1,692 homes for sale in June 2024, a 10.1% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 6 | +50.0% |
2 Bedrooms | 112 | 139 | +24.1% |
3 Bedrooms | 341 | 400 | +17.3% |
4 Bedrooms | 438 | 442 | +0.9% |
5+ Bedrooms | 642 | 705 | +9.8% |
Summary: The Roswell-Alpharetta housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 24.1%, 3 bedroom homes increased by 17.3%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 9.8%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
449 | 389 | -13.4% |
Asking Price vs. Sold Price
169 Homes Were Sold
Under Asking
51 Homes Were Sold
At Asking
166 Homes Were Sold
Over Asking
Summary: A total of 389 homes were sold or pending in Roswell-Alpharetta in June 2024, down by 13.4% month-over-month. Of the 386 sold homes, 44% were sold under asking, 13% were sold at asking, and 43% were sold over asking.
Days on Market for Roswell-Alpharetta, GA
How long does it take to sell a home in Roswell-Alpharetta, GA?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
16 Days | 19 Days | +17.0% |
Summary: Homes in Roswell-Alpharetta had an average of 19 days on market in Jun 2024, up by 17% compared to last year.
Breakdown of Home Sale Times
320 Homes Were Sold
Under 30 Days
53 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Summary: During June 2024, 389 homes were sold in Roswell-Alpharetta; 82% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.