Is Sandy Springs, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sandy Springs is a seller's market

Buyer's
Market

Difference Since November 2020

Since last year, Sandy Springs has remained a Seller's Market.

Key Takeaway

Sandy Springs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Sandy Springs, GA cost?

Median Sold Price

$490,528

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2020

+$20,327(+4.3%)

Key Takeaway

Homes in Sandy Springs have sold for 4.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2020Nov 2021%
1 $137.9K$144.9K
+5.1%
2 $190K$216.3K
+13.9%
3 $395K$419.7K
+6.3%
4 $560K$620K
+10.7%
5+ $816.8K$927K
+13.5%

Median Sold Price Compared To Nearby Cities

Dunwoody
+18.1%
Northeast Cobb
+14.8%
Roswell
+14.6%
Chamblee-Doraville
+11.5%
Sandy Springs
+4.3%

How many homes are available in Sandy Springs, GA?

Number of Homes For Sale

Oct 2021Nov 2021%
962876-8.9%

Homes For Sale By Bedroom Count

# BEDSOct 2021Nov 2021%
1 8179
-2.5%
2 190170
-10.5%
3 175157
-10.3%
4 211175
-17.1%
5+ 305295
-3.3%

Number of Homes Sold

Oct 2021Nov 2021%
220184-16.4%

Asking Price vs. Sold Price

67 Homes Were Sold
Under Asking

42 Homes Were Sold
At Asking

55 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sandy Springs, you may be able to get a good deal. 40.9% of homes here sold below asking price last month.

Average Sale Time

Nov 2020Nov 2021%
38 Days30 Days-19.2%

Breakdown of Home Sale Times

131 Homes Were Sold
Under 30 Days

43 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sandy Springs are selling fast, if you're buying plan to act quickly.

About Sandy Springs, GA

Number of homes for sale in Sandy Springs, GA real estate market have reached 876. The number of listings in Sandy Springs, GA decreased by 8.9% between October 2021 and November 2021. In November 2021 median list price was $490,528 and the average listing age was 30 days. This housing market listing prices have changed between October 2021 and November 2021: prices of 1 bedroom properties increased by 5.1%, prices of 2 bedrooms properties went up by 13.9%, the cost of 3 bedrooms properties went up by 6.3%, 4 bedrooms properties prices increased by 10.7%, the cost of 5 bedrooms properties went up by 13.5%. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes went down by 2.5%, the quantity of 2 bedrooms homes went down by 10.5%, 3 bedrooms homes became 10.3% less available, the quantity of 4 bedrooms homes went down by 17.1%, 5 bedrooms homes became 3.3% less available. Over 55 listings were sold over their listed price in November 2021 in Sandy Springs, GA. In the same period over 67 listings were sold below the listed price and 42 listings were sold for the listed price.

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