Is Peachtree Heights West, 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, Peachtree Heights West was a Neutral Market.
Housing Prices in Peachtree Heights West, GA
How much do homes in Peachtree Heights West, GA cost?
Median Sold Price
$950,000
$401/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Peachtree Heights West was $950,000 in April 2024, up 115.9% from last year, and the median price per square foot was $401.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $282.5K | $275K | -2.7% |
2 Bedrooms | $484K | $835K | +72.5% |
3 Bedrooms | $1.4M | $1.8M | +26.3% |
4 Bedrooms | $2.3M | $2.3M | +0.6% |
5+ Bedrooms | $3.8M | $3.4M | -11.1% |
Summary: Peachtree Heights West housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.7%, 2 bedroom homes increased by 72.5%, 3 bedroom homes increased by 26.3%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes decreased by 11.1%.
Housing Supply in Peachtree Heights West, GA
How many homes are available in Peachtree Heights West, GA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
53 | 65 | +22.6% |
Summary: The Peachtree Heights West real estate market had 65 homes for sale in April 2024, a 22.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 10 | 12 | +20.0% |
2 Bedrooms | 25 | 31 | +24.0% |
3 Bedrooms | 6 | 9 | +50.0% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Peachtree Heights West housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 24%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 12 | +50.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Peachtree Heights West in April 2024, up by 50.0% month-over-month. Of the 12 sold homes, 83% were sold under asking, 8% were sold at asking, and 8% were sold over asking.
Days on Market for Peachtree Heights West, GA
How long does it take to sell a home in Peachtree Heights West, GA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
68 Days | 25 Days | -62.2% |
Summary: Homes in Peachtree Heights West had an average of 25 days on market in Apr 2024, down by 62.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Peachtree Heights West; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.