Is Park Towers Place, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Park Towers Place is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Park Towers Place has remained a Buyer's Market.

Key Takeaway

Park Towers Place is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Park Towers Place, GA

How much do homes in Park Towers Place, GA cost?

Median Sold Price

$320,000

$288/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$135,000(+73.0%)

Key Takeaway

Homes in Park Towers Place have sold for 73% more than they did a month ago.

Summary: The median home sold price in Park Towers Place was $320,000 in November 2024, up 73% from last month, and the median price per square foot was $288.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $185K-
N/A
2 -$320K
N/A
3 --
N/A
4 --
N/A
5+ --
N/A

Summary: Park Towers Place housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Park Towers Place, GA

How many homes are available in Park Towers Place, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1923+21.1%

Summary: The Park Towers Place real estate market had 23 homes for sale in November 2024, a 21.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1316
+23.1%
2 67
+16.7%
3 00
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Park Towers Place housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 23.1%, 2 bedroom homes increased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Park Towers Place, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Park Towers Place in November 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Park Towers Place, GA

How long does it take to sell a home in Park Towers Place, GA?

Average Sale Time

Oct 2024Nov 2024CHANGE
55 Days31 Days-42.7%

Summary: Homes in Park Towers Place had an average of 31 days on market in Nov 2024, down by 42.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Park Towers Place are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Park Towers Place; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

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