FMLS Residential · city

Alpharetta

Closed sales series. Latest median $676,000 (-5.1% YoY). Balanced on live supply.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 580 active · 18 under contract · 77 pending. Total residential listings by status: 675.

Data confidence: High. 1,714 closings in the last 12 months. Enough closings to read a trend.

Latest median$676,000-5.1% YoY
Months of supply5.1Balanced · 4.1 on 143/mo trailing-12
$/SF$255+0.4% YoY
DOM44+83.3% YoY
Sale/list98.1%63.2% below

Versus the FMLS footprint

Latest closed month only, not the 12-month figure above. The FMLS footprint is the macro context.

Median price+71.1%$676,000 vs $395,000 FMLS-wide
$/SF+36.5%$255 vs $187 FMLS-wide
DOM+33%44 days vs 33 FMLS-wide
Sale/list-0.8 pts98.1% vs 98.8%

Opportunity score

0–100. Higher means more room for a buyer right now. Price change uses the 3-month median, not one month. Each part is scored 0–100, then weighted. Includes live supply and demand. Screening tool, not a forecast.

66
Softening

3-month volume-weighted median $734,550 (+1.2% vs same 3 months last year) on 397 closings. Latest month is $676,000. Confidence: High (397 closings in 3 months).

3-month $/SF is down 0.2% versus the same 3 months last year.

Months of supply45
5.1 months · 25% of the score

Active homes divided by last month’s closings. Under 4 favors sellers. Above 6 gives buyers more choices and more room.

YoY price37
+1.2% · 20% of the score

3-month volume-weighted median versus the same 3 months a year ago. One month cannot swing this. A rising median with falling $/SF is usually mix, not appreciation.

New / closed86
1.68 · 20% of the score

New listings in 30 days versus last month’s closings. Above 1.2 means inventory is building. That usually softens the next 30–90 days.

Pending / (active + under contract)90
0.13 · 15% of the score

Pending divided by active plus under contract. Not pending divided by active alone. Low means demand is not absorbing the stock.

Price reduced78
45% · 10% of the score

Share of recent closings that had already cut the list price. High means sellers are adjusting. That is where negotiation usually appears.

DOM trend90
+95.3% · 10% of the score

Direction of days on market over the last 6 months, not the current DOM. A low score here means DOM is falling, which favors sellers even if supply is high.

Balanced

5.1 months of supply on last month’s pace (580 active ÷ 114 closings). 4.1 months on the trailing-12 pace (average 143 closings a month). These are different windows.Balanced. Buyers have choices; well-priced homes still close close to list. 63.2% of last month’s closings were below list. Days on market are up 83% from a year ago.

Homes for sale in Alpharetta, GA →

How homes actually closed

Above list9.6%More than 1% over list
At list27.2%Within 1% of list
Below list63.2%More than 1% under list
Price reduced44.7%Original list higher than final

Leading signals

These move before closed prices. Use them to see if the next 30–60 days look tighter or looser than last month’s closings.

Pending / (active + under contract)0.1377 pending ÷ 598 (active + under contract)
New / closed1.68192 listed in 30 days vs 114 closed
Softening

New listings are outpacing sales and closed sales are already taking longer or reducing more. Expect more inventory and more negotiating room over the next 30–90 days.

If you own in Alpharetta

High confidence. 1,714 closings in the last 12 months.

  • This is the market your home sits in. It is too broad to be your only comp, and too local to ignore.
  • City median is $676,000. Price your home off the neighborhood or school zone, then check that it still makes sense against this number.
  • 5.1 months of supply. Median days on market 44. That is how long a correctly priced listing is taking.
  • If you are deciding whether to list, the useful question is what is for sale on your street and in your school zone, not the citywide median. Homes for sale in Alpharetta, GA →

What this means if you are listing in Alpharetta

  • Price to the closed median and $/SF here ($676,000, $255), not the FMLS-wide number. This market is above the FMLS footprint by 71.1% on median.
  • With 5.1 months of supply, expect about 44 days on market if priced correctly. Longer than that usually means the market is telling you the price is high.
  • 63.2% of recent closings were below list and 44.7% of listings had already reduced. Concessions show up more on listings that have already sat.
  • Check live inventory for the actual competition before you set the number. Homes for sale in Alpharetta, GA →

What this means if you are making an offer

  • Well-priced homes still close close to list; your better leverage is on homes that have sat.
  • Your better leverage is on homes that have been listed 30+ days or have already reduced. About 44.7% of recent closings had a price reduction.
  • This micro-market diverges from the FMLS footprint by 71%. Do not use the statewide median as your comp base.
  • Closed prices lag 30–90 days. Confirm current supply on the inventory page before you assume the temperature has not shifted.

Live inventory mix

Current listings by price band and property type. Where the competition actually is right now.

Price bands

BandListedShare
Under $300k152.2%
$300–500k13219.6%
$500–750k17325.6%
$750k–1M14922.1%
$1M+20630.5%

Property types

TypeListedMedian ask
Single Family Residence380$939,500
Townhouse225$599,000
Condominium70$357,501

580 active, 18 under contract, 77 pending. 192 new in the last 30 days.

Median close price

Median close price · 2021-10 – 2026-09
2021-102026-09

Monthly series

Most recent months first. Medians require at least 5 closings in the month.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Sep 2026114$676,000$2554498.1%63.2%44.7%
Aug 2026117$775,000$2592298.3%61.5%43.6%
Jul 2026166$746,250$2491898.9%50.6%31.3%
Jun 2026209$750,000$2451998.7%56.5%31.6%
May 2026180$748,750$2461098.9%51.1%23.3%
Apr 2026157$760,000$2531498.8%52.2%27.4%
Mar 2026165$685,000$2552098.5%56.4%23.6%
Feb 2026119$718,000$2602597.8%66.4%31.1%
Jan 202697$660,000$2614297.2%70.1%45.4%
Dec 2025146$770,750$2492898.3%62.3%38.4%
Nov 2025112$740,300$2622598.2%62.5%33.0%
Oct 2025132$690,000$2532097.7%61.1%30.3%
Sep 2025143$712,000$2542498.0%64.3%32.2%
Aug 2025131$752,000$2491598.4%58.0%29.0%
Jul 2025172$717,500$2582098.6%51.7%31.4%
Jun 2025197$745,000$2551199.4%47.7%24.4%
May 2025173$750,000$2641099.0%50.3%20.2%
Apr 2025166$717,500$260899.7%43.4%17.5%
Mar 2025132$675,000$2481698.9%52.3%29.5%
Feb 2025106$671,250$2683497.6%61.3%27.4%
Jan 202595$720,000$2502798.2%65.3%30.5%
Dec 2024130$659,500$2492798.2%61.5%37.7%
Nov 2024121$686,000$2612098.8%53.7%34.7%
Oct 2024140$678,250$2491998.7%54.3%30.0%

Below = closed under 99% of list. Reduced = original list higher than final list.

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Homes for sale in Alpharetta, GA → · ← FMLS report