$10,000 Closing Credit*
$878,500
5,146 SqFt
5 Beds
•4 Full Baths, 1 Partial
Amy Smith, Listing Office: Bulldog Real Estate Group
Is Alpharetta, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Alpharetta has remained a Seller's Market.
Key Takeaway
Alpharetta is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Alpharetta, GA
How much do homes in Alpharetta, GA cost?
Median Sold Price
$749,061
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$64,858(+9.5%)
Key Takeaway
Homes in Alpharetta have sold for 9.5% more than they did a year ago.
Summary: The median home sold price in Alpharetta was $749,061 in October 2024, up 9.5% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $441.4K | $432.5K | -2.0% |
| 2 Bedrooms | $370K | $367.5K | -0.7% |
| 3 Bedrooms | $491.7K | $524.9K | +6.8% |
| 4 Bedrooms | $675K | $727.2K | +7.7% |
| 5+ Bedrooms | $961.4K | $1.0M | +9.2% |
Summary: Alpharetta housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2%, 2 bedroom homes decreased by 0.7%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 9.2%.
Median Sold Price Compared To Nearby Cities
| Milton | $855.7K | $970K | +13.4% |
| Roswell-Alpharetta | $651.7K | $715.2K | +9.8% |
| Alpharetta | $684.2K | $749K | +9.5% |
| Roswell | $602.2K | $650.3K | +8.0% |
| Johns Creek | $655K | $692.4K | +5.7% |
Housing Supply in Alpharetta, GA
How many homes are available in Alpharetta, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,063 | 1,099 | +3.4% |
Summary: The Alpharetta real estate market had 1,099 homes for sale in October 2024, a 3.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 12 | +20.0% |
| 2 Bedrooms | 90 | 93 | +3.3% |
| 3 Bedrooms | 275 | 292 | +6.2% |
| 4 Bedrooms | 281 | 279 | -0.7% |
| 5+ Bedrooms | 407 | 423 | +3.9% |
Summary: The Alpharetta housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes increased by 3.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 224 | 234 | +4.5% |
Asking Price vs. Sold Price
135 Homes Were Sold
Under Asking
50 Homes Were Sold
At Asking
43 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Alpharetta, you may be able to get a good deal. 59.2% of homes here sold below asking price last month.
Summary: A total of 234 homes were sold or pending in Alpharetta in October 2024, up by 4.5% month-over-month. Of the 228 sold homes, 59% were sold under asking, 22% were sold at asking, and 19% were sold over asking.
Days on Market for Alpharetta, GA
How long does it take to sell a home in Alpharetta, GA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 41 Days | +74.6% |
Summary: Homes in Alpharetta had an average of 41 days on market in Oct 2024, up by 74.6% compared to last year.
Breakdown of Home Sale Times
127 Homes Were Sold
Under 30 Days
79 Homes Were Sold
In 30 - 90 Days
28 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Alpharetta are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 234 homes were sold in Alpharetta; 54% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 12% 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.