Alpharetta, GA home prices and housing market

Alpharetta sellers are asking about sixty thousand dollars more than the typical home is worth, and it is costing them. If you plan to sell this year, that gap is the number you need to understand. The typical Alpharetta home is worth about seven hundred fifty-five thousand dollars, up just over one percent from a year ago, so values are not falling, they are simply flat. Meanwhile, the median list price sits around eight hundred seventeen thousand dollars, well above where homes actually trade. Homes are now taking about fifty-four days to sell, and more than a quarter of active listings, roughly 27 percent, have already cut their price. With about 800 homes on the market and only around 240 new listings arriving, buyers have plenty to compare and no reason to rush. Here is the turn: this is not a weak market, because values are still inching up. But sellers who price for last year's hopes are sitting, then cutting, and often netting less than if they had priced right from the start. So if you list this fall, aim at the seven hundred fifty-five thousand dollars reality, not the eight hundred seventeen thousand dollars asking crowd. To see where your home actually lands, get a free home value estimate at Home Value Pros dot com.