Is Tuxedo Park, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Tuxedo Park has remained a Seller's Market.
Housing Prices in Tuxedo Park, GA
How much do homes in Tuxedo Park, GA cost?
Median Sold Price
$2,425,000
$406/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Tuxedo Park was $2,425,000 in May 2024, up 47% from last year, and the median price per square foot was $406.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $289K | - | N/A |
2 Bedrooms | $315K | $340K | +7.9% |
3 Bedrooms | $980K | $694K | -29.2% |
4 Bedrooms | $2.1M | $1.5M | -27.9% |
5+ Bedrooms | $3.0M | $3.5M | +17.1% |
Summary: Tuxedo Park housing prices by bedroom type for May 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 decreased by 29.2%, 4 bedroom homes decreased by 27.9%, and 5+ bedroom homes increased by 17.1%.
Median Sold Price Compared To Nearby Neighborhoods
Tuxedo Park | $1.6M | $2.4M | +47.0% |
Buckhead | $549.2K | $666.9K | +21.4% |
Housing Supply in Tuxedo Park, GA
How many homes are available in Tuxedo Park, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
28 | 28 | 0.0% |
Summary: The Tuxedo Park real estate market had 28 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 3 | 3 | 0.0% |
4 Bedrooms | 0 | 1 | +100.0% |
5+ Bedrooms | 21 | 20 | -4.8% |
Summary: The Tuxedo Park housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 4.8%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
4 | 5 | +25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Tuxedo Park in May 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
33 Days | 172 Days | +411.4% |
Summary: Homes in Tuxedo Park had an average of 172 days on market in May 2024, up by 411.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 5 homes were sold in Tuxedo Park; 40% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.