Is 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
At the same time last year, Tuxedo Park was a Seller's Market.
Key Takeaway
Tuxedo Park is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Tuxedo Park, GA
How much do homes in Tuxedo Park, GA cost?
Median Sold Price
$2,250,000
$414/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Tuxedo Park have sold for 50% more than they did a year ago.
Summary: The median home sold price in Tuxedo Park was $2,250,000 in April 2024, up 50% from last year, and the median price per square foot was $414.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $289K | - | N/A |
| 2 Bedrooms | $315K | $340K | +7.9% |
| 3 Bedrooms | - | $725K | N/A |
| 4 Bedrooms | $2.1M | $1.5M | -28.7% |
| 5+ Bedrooms | $2.9M | $3.5M | +23.3% |
Summary: Tuxedo Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.9%, 3 bedroom homes did not change, 4 bedroom homes decreased by 28.7%, and 5+ bedroom homes increased by 23.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Tuxedo Park | $1.5M | $2.2M | +50.0% |
| Buckhead | $584.1K | $649.5K | +11.2% |
Housing Supply in Tuxedo Park, GA
How many homes are available in Tuxedo Park, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 | 28 | +27.3% |
Summary: The Tuxedo Park real estate market had 28 homes for sale in April 2024, a 27.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 3 | 1 | -66.7% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 16 | 22 | +37.5% |
Summary: The Tuxedo Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes decreased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 37.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tuxedo Park, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Tuxedo Park in April 2024, up by 300.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Tuxedo Park, GA
How long does it take to sell a home in Tuxedo Park, GA?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 18 Days | 42 Days | +136.1% |
Summary: Homes in Tuxedo Park had an average of 42 days on market in Apr 2024, up by 136.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Tuxedo Park are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in Tuxedo Park; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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.