$10,000 Closing Credit*
$2,050,000
7 Beds
•5 Full Baths, 2 Partial
Noelle Foster, Listing Office: Stewart Brokers
Is Sandy Springs, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Sandy Springs was a Seller's Market.
Key Takeaway
Sandy Springs is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sandy Springs, GA
How much do homes in Sandy Springs, GA cost?
Median Sold Price
$651,107
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$74,546(+12.9%)
Key Takeaway
Homes in Sandy Springs have sold for 12.9% more than they did a year ago.
Summary: The median home sold price in Sandy Springs was $651,107 in November 2024, up 12.9% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | $179.9K | 0% |
| 2 Bedrooms | $269.7K | $272.5K | +1.0% |
| 3 Bedrooms | $498.8K | $537K | +7.7% |
| 4 Bedrooms | $740K | $799.6K | +8.1% |
| 5+ Bedrooms | $1.2M | $1.2M | -0.4% |
Summary: Sandy Springs housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes decreased by 0.4%.
Median Sold Price Compared To Nearby Cities
| Sandy Springs | $576.5K | $651.1K | +12.9% |
| Northeast Cobb | $530.5K | $575.6K | +8.5% |
| Roswell | $606K | $650.3K | +7.3% |
| Chamblee-Doraville | $609.9K | $636.6K | +4.4% |
| Dunwoody | $627.6K | $650K | +3.6% |
Housing Supply in Sandy Springs, GA
How many homes are available in Sandy Springs, GA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 665 | 655 | -1.5% |
Summary: The Sandy Springs real estate market had 655 homes for sale in November 2024, a 1.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 55 | 58 | +5.5% |
| 2 Bedrooms | 163 | 165 | +1.2% |
| 3 Bedrooms | 141 | 144 | +2.1% |
| 4 Bedrooms | 103 | 103 | 0.0% |
| 5+ Bedrooms | 203 | 185 | -8.9% |
Summary: The Sandy Springs housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 5.5%, 2 bedroom homes increased by 1.2%, 3 bedroom homes increased by 2.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 8.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 121 | 90 | -25.6% |
Asking Price vs. Sold Price
64 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sandy Springs, you may be able to get a good deal. 71.9% of homes here sold below asking price last month.
Summary: A total of 90 homes were sold or pending in Sandy Springs in November 2024, down by 25.6% month-over-month. Of the 89 sold homes, 72% were sold under asking, 19% were sold at asking, and 9% were sold over asking.
Days on Market for Sandy Springs, GA
How long does it take to sell a home in Sandy Springs, GA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 28 Days | 42 Days | +47.6% |
Summary: Homes in Sandy Springs had an average of 42 days on market in Nov 2024, up by 47.6% compared to last year.
Breakdown of Home Sale Times
45 Homes Were Sold
Under 30 Days
34 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sandy Springs are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 90 homes were sold in Sandy Springs; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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