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 January 2022

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.

How much do homes in Roswell-Alpharetta, GA cost?

Median Sold Price

$624,685

$226/sqft

Based on all homes sold in the last 12 months.

Difference Since January 2022

+$91,048(+17.1%)

Key Takeaway

Homes in Roswell-Alpharetta have sold for 17.1% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJan 2022Jan 2023%
1 $274.7K$312.5K
+13.7%
2 $275K$323K
+17.5%
3 $402.2K$479.9K
+19.3%
4 $515.2K$615K
+19.4%
5+ $749.3K$906.8K
+21.0%

Median Sold Price Compared To Nearby Cities

Big Creek
+18.1%
Alpharetta
+18.0%
Johns Creek
+18.0%
Roswell-Alpharetta
+17.1%
Milton
+13.4%

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

Number of Homes For Sale

Dec 2022Jan 2023%
838824-1.7%

Homes For Sale By Bedroom Count

# BEDSDec 2022Jan 2023%
1 1310
-23.1%
2 7782
+6.5%
3 234216
-7.7%
4 225208
-7.6%
5+ 289308
+6.6%

Number of Homes Sold

Dec 2022Jan 2023%
252155-38.5%

Asking Price vs. Sold Price

96 Homes Were Sold
Under Asking

29 Homes Were Sold
At Asking

24 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. 64.4% of homes here sold below asking price last month.

Average Sale Time

Jan 2022Jan 2023%
22 Days33 Days+48.7%

Breakdown of Home Sale Times

90 Homes Were Sold
Under 30 Days

52 Homes Were Sold
In 30 - 90 Days

13 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.

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

About Roswell-Alpharetta, GA

Roswell-Alpharetta, GA has 824 homes on the market. The inventory of homes for sale in Roswell-Alpharetta, GA between December 2022 and January 2023 decreased by 1.7%. Listings spent 33 days on the market in January 2023, and had a median list price of $624,685 during the same period. From December 2022 through January 2023, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 13.7%, 2 bedrooms properties prices increased by 17.5%, 3 bedrooms properties became 19.3% more expensive, 4 bedrooms properties prices increased by 19.4%, prices of 5 bedrooms properties went up by 21%. Housing inventory have changed in this real estate market: volume of 1 bedroom homes went down by 23.1%, volume of 2 bedrooms homes went up by 6.5%, 3 bedrooms homes became 7.7% less available, volume of 4 bedrooms homes went down by 7.6%, the quantity of 5 bedrooms homes went up by 6.6%. Roswell-Alpharetta, GA housing market in January 2023 saw over 24 listings sold above listed price, more than 29 sold at listed price and over 96 sold below.

Related Housing Market Reports