Home Prices in Alpharetta GA for December 2013
Real estate market data for Alpharetta, GA provided by Anthony McCullough of Keller Williams Realty of Buckhead.
Alpharetta Home Prices
We have seen 2 months of strong home selling inventory with December showing a small decrease in inventory. This would be a GREAT time to list your property. Find listing prices on home prices in Alpharetta and don’t expect things to slow down anytime soon. If you are considering buying a home you can still find deals on a house in Alpharetta but having a good real estate agent who understands the market is a must. Don’t wait on the sidelines for too long, many of our listings are starting to sell within a few days of hitting the market. As you can see from the graph below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Alpharetta home on which you are making an offer.
If you are interested in how much current inventory is on the market in Alpharetta you can find that information by clicking on the link. High inventory will suggest that homes are sitting on the market for longer. Currently in this area of Alpharetta (30004), homes have a median time of 69 days on the market before they sell, with currently 594 homes listed. This would suggest that buyers are in a great position to make an aggressive offer on a home. Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers. Low inventory in Alpharetta has multiple offers coming in on homes similar to what we saw back in 2007. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise.
If you are interested in how much current inventory is on the market in Alpharetta you can find that information by clicking on the link. High inventory will suggest that homes are sitting on the market for longer. Currently in this area of Alpharetta (30004), homes have a median time of 69 days on the market before they sell, with currently 594 homes listed. This would suggest that buyers are in a great position to make an aggressive offer on a home. Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers. Low inventory in Alpharetta has multiple offers coming in on homes similar to what we saw back in 2007. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise.
Home Prices in Alpharetta GA for December 2013
Alpharetta Real Estate Report Summary
The median list price in December for single family homes in Alpharetta is $692,450. The list prices decreased by 0.01% from the previous month.
The price per square foot for listings in this area is $146.
The median sale price in October for single family homes was $692,000. The sale prices are showing an increase from the previous month of November.
Find Homes for Sale in Alpharetta GA
Visit my website to search for homes in Alpharetta or to be notified when Alpharetta homes come on the market.To find out what you home is worth in the current market Click HERE or call 404-913-9206.
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