$9,441 Closing Credit*
$795,000
3,216 SqFt
4 Beds
•2 Full Baths, 1 Partial
Modern Traditions Realty Group, Listing Office: RE/MAX Center
Is Roswell-Alpharetta, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Roswell-Alpharetta has remained a Seller's Market.
Key Takeaway
Roswell-Alpharetta is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Roswell-Alpharetta, GA
How much do homes in Roswell-Alpharetta, GA cost?
Median Sold Price
$721,047
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$67,365(+10.3%)
Key Takeaway
Homes in Roswell-Alpharetta have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in Roswell-Alpharetta was $721,047 in November 2024, up 10.3% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $310K | $325K | +4.8% |
| 2 Bedrooms | $349.5K | $350K | 0.1% |
| 3 Bedrooms | $500K | $538.1K | +7.6% |
| 4 Bedrooms | $654.6K | $700K | +6.9% |
| 5+ Bedrooms | $940.3K | $1.0M | +8.0% |
Summary: Roswell-Alpharetta housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 0.1%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 8%.
Median Sold Price Compared To Nearby Cities
| Big Creek | $670K | $750K | +11.9% |
| Roswell-Alpharetta | $653.6K | $721K | +10.3% |
| Alpharetta | $688.2K | $757.4K | +10.0% |
| Milton | $873.1K | $954.7K | +9.3% |
| Johns Creek | $650.3K | $699.9K | +7.6% |
Housing Supply in Roswell-Alpharetta, GA
How many homes are available in Roswell-Alpharetta, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,401 | 1,315 | -6.1% |
Summary: The Roswell-Alpharetta real estate market had 1,315 homes for sale in November 2024, a 6.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 17 | 17 | 0.0% |
| 2 Bedrooms | 135 | 126 | -6.7% |
| 3 Bedrooms | 352 | 326 | -7.4% |
| 4 Bedrooms | 400 | 356 | -11.0% |
| 5+ Bedrooms | 497 | 490 | -1.4% |
Summary: The Roswell-Alpharetta 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 decreased by 6.7%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes decreased by 11%, and 5+ bedroom homes decreased by 1.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 347 | 248 | -28.5% |
Asking Price vs. Sold Price
132 Homes Were Sold
Under Asking
44 Homes Were Sold
At Asking
65 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Roswell-Alpharetta, you may be able to get a good deal. 54.8% of homes here sold below asking price last month.
Summary: A total of 248 homes were sold or pending in Roswell-Alpharetta in November 2024, down by 28.5% month-over-month. Of the 241 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% were sold over asking.
Days on Market for Roswell-Alpharetta, GA
How long does it take to sell a home in Roswell-Alpharetta, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 36 Days | +56.0% |
Summary: Homes in Roswell-Alpharetta had an average of 36 days on market in Nov 2024, up by 56% compared to last year.
Breakdown of Home Sale Times
135 Homes Were Sold
Under 30 Days
87 Homes Were Sold
In 30 - 90 Days
26 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Roswell-Alpharetta are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 248 homes were sold in Roswell-Alpharetta; 54% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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