Is Peachtree Corners, 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, Peachtree Corners has remained a Seller's Market.
Housing Prices in Peachtree Corners, GA
How much do homes in Peachtree Corners, GA cost?
Median Sold Price
$539,950
$209/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Peachtree Corners was $539,950 in May 2024, up 9% from last year, and the median price per square foot was $209.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $185K | $210K | +13.5% |
2 Bedrooms | $250K | $266.5K | +6.6% |
3 Bedrooms | $422K | $480K | +13.7% |
4 Bedrooms | $550K | $610K | +10.9% |
5+ Bedrooms | $680K | $790K | +16.2% |
Summary: Peachtree Corners housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.5%, 2 bedroom homes increased by 6.6%, 3 bedroom homes increased by 13.7%, 4 bedroom homes increased by 10.9%, and 5+ bedroom homes increased by 16.2%.
Median Sold Price Compared To Nearby Cities
Sandy Springs | $553.1K | $622.6K | +12.6% |
Berkeley Lake | $630K | $690K | +9.5% |
Johns Creek | $623.9K | $680.5K | +9.1% |
Peachtree Corners | $495.1K | $539.9K | +9.0% |
Norcross | $324.6K | $338.2K | +4.2% |
Housing Supply in Peachtree Corners, GA
How many homes are available in Peachtree Corners, GA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
120 | 146 | +21.7% |
Summary: The Peachtree Corners real estate market had 146 homes for sale in May 2024, a 21.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 3 | -40.0% |
2 Bedrooms | 20 | 19 | -5.0% |
3 Bedrooms | 46 | 58 | +26.1% |
4 Bedrooms | 32 | 37 | +15.6% |
5+ Bedrooms | 17 | 29 | +70.6% |
Summary: The Peachtree Corners housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 40%, 2 bedroom homes decreased by 5%, 3 bedroom homes increased by 26.1%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 70.6%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
42 | 38 | -9.5% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 38 homes were sold or pending in Peachtree Corners in May 2024, down by 9.5% month-over-month. Of the 37 sold homes, 41% were sold under asking, 22% were sold at asking, and 38% were sold over asking.
Days on Market for Peachtree Corners, GA
How long does it take to sell a home in Peachtree Corners, GA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
31 Days | 20 Days | -35.9% |
Summary: Homes in Peachtree Corners had an average of 20 days on market in May 2024, down by 35.9% compared to last year.
Breakdown of Home Sale Times
33 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 38 homes were sold in Peachtree Corners; 87% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.