Is Roswell-Alpharetta, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Roswell-Alpharetta is a seller's market

Buyer's
Market

Difference Since October 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

$715,272

$247/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$63,558(+9.8%)

Key Takeaway

Homes in Roswell-Alpharetta have sold for 9.8% more than they did a year ago.

Summary: The median home sold price in Roswell-Alpharetta was $715,272 in October 2024, up 9.8% from last year, and the median price per square foot was $247.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $311.2K$363K
+16.6%
2 $344.5K$356K
+3.3%
3 $500K$539.5K
+7.9%
4 $650.5K$700K
+7.6%
5+ $926.9K$1.0M
+9.4%

Summary: Roswell-Alpharetta housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.6%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 9.4%.

Median Sold Price Compared To Nearby Cities

Milton
+13.4%
Big Creek
+11.6%
Roswell-Alpharetta
+9.8%
Alpharetta
+9.5%
Johns Creek
+5.7%

Housing Supply in Roswell-Alpharetta, GA

How many homes are available in Roswell-Alpharetta, GA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1,4391,504+4.5%

Summary: The Roswell-Alpharetta real estate market had 1,504 homes for sale in October 2024, a 4.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1619
+18.8%
2 118134
+13.6%
3 345375
+8.7%
4 435439
+0.9%
5+ 525537
+2.3%

Summary: The Roswell-Alpharetta housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.8%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes increased by 2.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
321336+4.7%

Asking Price vs. Sold Price

175 Homes Were Sold
Under Asking

71 Homes Were Sold
At Asking

81 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Roswell-Alpharetta, you may be able to get a good deal. 53.5% of homes here sold below asking price last month.

Summary: A total of 336 homes were sold or pending in Roswell-Alpharetta in October 2024, up by 4.7% month-over-month. Of the 327 sold homes, 54% were sold under asking, 22% were sold at asking, and 25% 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

Oct 2023Oct 2024CHANGE
18 Days37 Days+100.3%

Summary: Homes in Roswell-Alpharetta had an average of 37 days on market in Oct 2024, up by 100.3% compared to last year.

Breakdown of Home Sale Times

195 Homes Were Sold
Under 30 Days

108 Homes Were Sold
In 30 - 90 Days

33 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Roswell-Alpharetta are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 336 homes were sold in Roswell-Alpharetta; 58% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 10% 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 20 Days Ago

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