Is Roswell-Alpharetta, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roswell-Alpharetta is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Roswell-Alpharetta has remained a Seller's Market.

Key Takeaway

Roswell-Alpharetta is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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

+$72,993(+11.6%)

Key Takeaway

Homes in Roswell-Alpharetta have sold for 11.6% more than they did a year ago.

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

# BEDSJun 2023Jun 2024CHANGE
1 $320K$335K
+4.7%
2 $329.8K$355.5K
+7.8%
3 $487.7K$534.7K
+9.7%
4 $624.7K$695.2K
+11.3%
5+ $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
+13.8%
Big Creek
+12.4%
Roswell-Alpharetta
+11.6%
Alpharetta
+11.5%
Johns Creek
+10.5%

Housing Supply in Roswell-Alpharetta, GA

How many homes are available in Roswell-Alpharetta, GA?

Number of Homes For Sale

May 2024Jun 2024CHANGE
1,5371,692+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

# BEDSMay 2024Jun 2024CHANGE
1 46
+50.0%
2 112139
+24.1%
3 341400
+17.3%
4 438442
+0.9%
5+ 642705
+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 2024Jun 2024CHANGE
449389-13.4%

Asking Price vs. Sold Price

169 Homes Were Sold
Under Asking

51 Homes Were Sold
At Asking

166 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Roswell-Alpharetta, you may be able to get a good deal. 43.8% of homes here sold below asking price last month.

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 2023Jun 2024CHANGE
16 Days19 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Roswell-Alpharetta are selling fast, if you're buying plan to act quickly.

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.

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

Report Updated 26 Days Ago

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