Market Update: Alpharetta GA Homes for Sale & Trends 🏡
The Alpharetta real estate market is showing strong momentum as we head into the spring! While we remain in a seller's market, there is a refreshing change for buyers: inventory has increased by 31% year-over-year. This means more Alpharetta GA homes for sale and more opportunities for families looking to plant roots in the premier Atlanta suburbs real estate market.
The Friday Flash Metrics:
Inventory: Between 1.5 to 3.3 months of supply: options are expanding!
Luxury Pulse: High-end homes are moving fast, with many going pending in just 18 days.
Pricing: Median sales prices remain strong, ranging from $680k to $920k depending on the neighborhood.
Interest Rates: Stabilizing around 6.23%, bringing "fence-sitters" back into the game.
What does this mean for you?
If you’re selling, your home needs to be "best in class" to stand out among the new inventory. If you’re buying, you finally have the selection you’ve been waiting for, but the best homes are still moving quickly!
At the JoAnne Lunt Real Estate Team, we specialize in creating strategic plans that cut through the noise. Whether you're navigating a luxury sale or looking for your first home in North Fulton, we’re here to guide you home.
Questions about your neighborhood? Drop them below or visit us at premierlivingatlanta.com!
