Is Peachtree Corners, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Peachtree Corners is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Peachtree Corners was a Seller's Market.

Key Takeaway

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

Housing Prices in Peachtree Corners, GA

How much do homes in Peachtree Corners, GA cost?

Median Sold Price

$558,333

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$58,333(+11.7%)

Key Takeaway

Homes in Peachtree Corners have sold for 11.7% more than they did a year ago.

Summary: The median home sold price in Peachtree Corners was $558,333 in November 2024, up 11.7% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $195.5K$200K
+2.3%
2 $254K$251.5K
-1.0%
3 $450K$480K
+6.7%
4 $558K$637.4K
+14.2%
5+ $700K$787.5K
+12.5%

Summary: Peachtree Corners housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes decreased by 1%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes increased by 12.5%.

Median Sold Price Compared To Nearby Cities

Sandy Springs
+12.9%
Peachtree Corners
+11.7%
Johns Creek
+7.6%
Norcross
+5.0%

Housing Supply in Peachtree Corners, GA

How many homes are available in Peachtree Corners, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
121119-1.7%

Summary: The Peachtree Corners real estate market had 119 homes for sale in November 2024, a 1.7% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 2024
+20.0%
3 5347
-11.3%
4 2832
+14.3%
5+ 1814
-22.2%

Summary: The Peachtree Corners housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 11.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 22.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2414-41.7%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Peachtree Corners, you could pay more than the asking price. 46.2% of homes here sold above asking price last month.

Summary: A total of 14 homes were sold or pending in Peachtree Corners in November 2024, down by 41.7% month-over-month. Of the 13 sold homes, 38% were sold under asking, 15% were sold at asking, and 46% 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

Nov 2023Nov 2024CHANGE
30 Days13 Days-55.7%

Summary: Homes in Peachtree Corners had an average of 13 days on market in Nov 2024, down by 55.7% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Peachtree Corners are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 14 homes were sold in Peachtree Corners; 86% of homes were sold within 30 days, 14% 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 25 Days Ago

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