Is South Tuxedo Park, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, South Tuxedo Park has remained a Seller's Market.
Key Takeaway
South Tuxedo Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Tuxedo Park, GA
How much do homes in South Tuxedo Park, GA cost?
Median Sold Price
$799,000
$340/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in South Tuxedo Park have sold for 10% more than they did a year ago.
Summary: The median home sold price in South Tuxedo Park was $799,000 in April 2024, up 10% from last year, and the median price per square foot was $340.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $228K | $236.5K | +3.7% |
| 2 Bedrooms | $250K | $265K | +6.0% |
| 3 Bedrooms | $892.5K | $1.1M | +24.3% |
| 4 Bedrooms | $1.4M | $899K | -38.7% |
| 5+ Bedrooms | $1.7M | $1.6M | -2.9% |
Summary: South Tuxedo Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.7%, 2 bedroom homes increased by 6%, 3 bedroom homes increased by 24.3%, 4 bedroom homes decreased by 38.7%, and 5+ bedroom homes decreased by 2.9%.
Housing Supply in South Tuxedo Park, GA
How many homes are available in South Tuxedo Park, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Summary: The South Tuxedo Park real estate market had 16 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 4 | -33.3% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The South Tuxedo Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes increased by 200%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 3 | -57.1% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Tuxedo Park, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in South Tuxedo Park in April 2024, down by 57.1% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for South Tuxedo Park, GA
How long does it take to sell a home in South Tuxedo Park, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 129 Days | 9 Days | -92.5% |
Summary: Homes in South Tuxedo Park had an average of 9 days on market in Apr 2024, down by 92.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in South Tuxedo Park are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 3 homes were sold in South Tuxedo Park; 100% of homes were sold within 30 days, 0% 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.