Is Roswell-Alpharetta, GA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$683,474
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Roswell-Alpharetta have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in Roswell-Alpharetta was $683,474 in April 2024, up 8.8% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $315K | $330K | +4.8% |
| 2 Bedrooms | $326K | $346.6K | +6.3% |
| 3 Bedrooms | $484.9K | $529.7K | +9.2% |
| 4 Bedrooms | $618.2K | $675K | +9.2% |
| 5+ Bedrooms | $905.3K | $971.6K | +7.3% |
Summary: Roswell-Alpharetta housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.8%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 9.2%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 7.3%.
Median Sold Price Compared To Nearby Cities
| Alpharetta | $628.9K | $708K | +12.6% |
| Big Creek | $650K | $720K | +10.8% |
| Roswell-Alpharetta | $628K | $683.4K | +8.8% |
| Milton | $835.7K | $897.9K | +7.4% |
| Johns Creek | $624.9K | $670K | +7.2% |
Housing Supply in Roswell-Alpharetta, GA
How many homes are available in Roswell-Alpharetta, GA?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1,264 | 1,448 | +14.6% |
Summary: The Roswell-Alpharetta real estate market had 1,448 homes for sale in April 2024, a 14.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 9 | 9 | 0.0% |
| 2 Bedrooms | 100 | 105 | +5.0% |
| 3 Bedrooms | 312 | 337 | +8.0% |
| 4 Bedrooms | 337 | 408 | +21.1% |
| 5+ Bedrooms | 506 | 589 | +16.4% |
Summary: The Roswell-Alpharetta housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes increased by 16.4%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 393 | 344 | -12.5% |
Asking Price vs. Sold Price
105 Homes Were Sold
Under Asking
67 Homes Were Sold
At Asking
165 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Roswell-Alpharetta, you could pay more than the asking price. 49% of homes here sold above asking price last month.
Summary: A total of 344 homes were sold or pending in Roswell-Alpharetta in April 2024, down by 12.5% month-over-month. Of the 337 sold homes, 31% were sold under asking, 20% were sold at asking, and 49% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 20 Days | 15 Days | -24.4% |
Summary: Homes in Roswell-Alpharetta had an average of 15 days on market in Apr 2024, down by 24.4% compared to last year.
Breakdown of Home Sale Times
303 Homes Were Sold
Under 30 Days
29 Homes Were Sold
In 30 - 90 Days
12 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 April 2024, 344 homes were sold in Roswell-Alpharetta; 88% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 3% 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.