$6,175 Closing Credit*
$520,000
2,300 SqFt
4 Beds
•3 Full Baths, 1 Partial
Tommy Ngo, Listing Office: Redfin Corporation
Is Roswell-Alpharetta, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
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
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $311.2K | $363K | +16.6% |
| 2 Bedrooms | $344.5K | $356K | +3.3% |
| 3 Bedrooms | $500K | $539.5K | +7.9% |
| 4 Bedrooms | $650.5K | $700K | +7.6% |
| 5+ Bedrooms | $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 | $855.7K | $970K | +13.4% |
| Big Creek | $664.4K | $741.8K | +11.6% |
| Roswell-Alpharetta | $651.7K | $715.2K | +9.8% |
| Alpharetta | $684.2K | $749K | +9.5% |
| Johns Creek | $655K | $692.4K | +5.7% |
Housing Supply in Roswell-Alpharetta, GA
How many homes are available in Roswell-Alpharetta, GA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1,439 | 1,504 | +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
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 16 | 19 | +18.8% |
| 2 Bedrooms | 118 | 134 | +13.6% |
| 3 Bedrooms | 345 | 375 | +8.7% |
| 4 Bedrooms | 435 | 439 | +0.9% |
| 5+ Bedrooms | 525 | 537 | +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 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 321 | 336 | +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
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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 37 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
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.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed.