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 neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Peachtree Corners is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Peachtree Corners, GA

How much do homes in Peachtree Corners, GA cost?

Median Sold Price

$559,000

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$59,000(+11.8%)

Key Takeaway

Homes in Peachtree Corners have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in Peachtree Corners was $559,000 in October 2024, up 11.8% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $195.5K$200K
+2.3%
2 $253K$248K
-2.0%
3 $450K$480K
+6.7%
4 $562.5K$624.9K
+11.1%
5+ $685K$785K
+14.6%

Summary: Peachtree Corners housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 14.6%.

Median Sold Price Compared To Nearby Cities

Peachtree Corners
+11.8%
Sandy Springs
+11.1%
Johns Creek
+5.7%
Berkeley Lake
+4.4%
Norcross
+3.3%

Housing Supply in Peachtree Corners, GA

How many homes are available in Peachtree Corners, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
103135+31.1%

Summary: The Peachtree Corners real estate market had 135 homes for sale in October 2024, a 31.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 43
-25.0%
2 2023
+15.0%
3 4454
+22.7%
4 1734
+100.0%
5+ 1821
+16.7%

Summary: The Peachtree Corners housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 22.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2322-4.3%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Peachtree Corners, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Peachtree Corners in October 2024, down by 4.3% month-over-month. Of the 22 sold homes, 55% were sold under asking, 14% were sold at asking, and 32% 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

Oct 2023Oct 2024CHANGE
17 Days46 Days+171.1%

Summary: Homes in Peachtree Corners had an average of 46 days on market in Oct 2024, up by 171.1% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Peachtree Corners has remained consistent over time.

Summary: During October 2024, 22 homes were sold in Peachtree Corners; 36% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 18% 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 23 Days Ago

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