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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Peachtree Heights West is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Peachtree Heights West has remained a Seller's Market.

Key Takeaway

Peachtree Heights West is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Peachtree Heights West, GA

How much do homes in Peachtree Heights West, GA cost?

Median Sold Price

$860,000

$378/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$45,000(+5.5%)

Key Takeaway

Homes in Peachtree Heights West have sold for 5.5% more than they did a year ago.

Summary: The median home sold price in Peachtree Heights West was $860,000 in November 2024, up 5.5% from last year, and the median price per square foot was $378.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $272.2K$314K
+15.3%
2 $550K$693.7K
+26.1%
3 $1.9M$1.1M
-39.2%
4 $2.7M$1.8M
-32.3%
5+ $3.7M$2.8M
-23.3%

Summary: Peachtree Heights West housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.3%, 2 bedroom homes increased by 26.1%, 3 bedroom homes decreased by 39.2%, 4 bedroom homes decreased by 32.3%, and 5+ bedroom homes decreased by 23.3%.

Housing Supply in Peachtree Heights West, GA

How many homes are available in Peachtree Heights West, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
63630.0%

Summary: The Peachtree Heights West real estate market had 63 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1214
+16.7%
2 3030
0.0%
3 1212
0.0%
4 63
-50.0%
5+ 34
+33.3%

Summary: The Peachtree Heights West housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
813+62.5%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Peachtree Heights West, you may be able to get a good deal. 76.9% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Peachtree Heights West in November 2024, up by 62.5% month-over-month. Of the 13 sold homes, 77% were sold under asking, 8% were sold at asking, and 15% were sold over asking.

Days on Market for Peachtree Heights West, GA

How long does it take to sell a home in Peachtree Heights West, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
20 Days82 Days+296.2%

Summary: Homes in Peachtree Heights West had an average of 82 days on market in Nov 2024, up by 296.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 13 homes were sold in Peachtree Heights West; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 23% 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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