SANDY SPRINGS
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Despite decline in home sales, there is a silver lining in Sandy Springs Real Estate for the 2nd Quarter, 2024

2023 saw the most dramatic decrease in home sales Sandy Springs has seen in recent history. While this trend has continued into 2024, with the second quarter showing further declines in the number of units sold, there is a silver lining.

Sales of single-family homes have dropped by 17%, while condos and townhomes have experienced a 7.7% year-over-year decrease. The good news is that this decline has led to an increase in much-needed inventory, a welcome change after several years of scarcity.

While the increase in inventory is a positive development for buyers, the continued high demand for homes in Sandy Springs has resulted in stable prices for sellers.  Q2 saw slight increases in pricing year over year for both single family housing as well as condos and townhomes at 6.5% and 5.6% respectively.

With a balanced mix of increased inventory and stable prices, Sandy Springs continues to be a thriving community for both new buyers and long-term residents. The evolving market conditions highlight the resilience and appeal of this vibrant city’s real estate market.

 

 

Year

 

April – June 2023

April – June 2024

Difference YOY

 

Single-Family Homes

 

Total Sold

196

162

17.3% Decrease

Average Sales Price

$1,234,702

$1,314,861

6.5% Increase

 

Condos/Townhomes

 

Total Sold

182

168

7.7% Decrease

Average Sales Price

$362,249

$382,484

5.6% Increase

 

top 10 sales in Sandy Springs for Q2, 2024

top 10 sales in Sandy Springs for Q2, 2024

1

4900 Northside Drive, Sandy Springs, Georgia 30327, 7 Bedrooms Bedrooms, ,8 BathroomsBathrooms,Residential,Sold,4900 Northside Drive,7376553

4900 Northside Drive
4900 Northside Drive, Sandy Springs, Georgia 30327
Sold 05/14/2024
7Bedroom(s)
8Bathroom(s)
1Picture(s)
16,509Sqft
Located just north of Chastain, this custom-built masterpiece located on +- 5 acres is unlike any lovely home you have seen before. Entering this gated and private property, you will immediately feel at ease as you make your way up the driveway to this perfectly symmetrical architectural showplace.
$9,000,000

2

1165 W Garmon Road, Sandy Springs, Georgia 30327, 5 Bedrooms Bedrooms, ,6 BathroomsBathrooms,Residential,Sold,1165 W Garmon Road,7337211

1165 W Garmon Road
1165 W Garmon Road, Sandy Springs, Georgia 30327
Sold 04/19/2024
5Bedroom(s)
6Bathroom(s)
1Picture(s)
11,300Sqft
Welcome to a stunning masterpiece in the heart of Sandy Springs - a brand new construction on 2.3+/- acres by Castro Design and Crestar Homes. Upon entering through the grand iron door, the home welcomes you with an abundance of natural light flooding the grand foyer.
$7,145,000

3

Back of property with a lawn, a patio area, and a balcony

5820 Winterthur Drive
5820 Winterthur Drive, Atlanta, Georgia 30328
Sold 05/17/2024
7Bedroom(s)
7Bathroom(s)
82Picture(s)
9,860Sqft
Serene riverfront estate, +/- 3.94 wooded acres, overlooking the Chattahoochee River and Cochran Shoals National Park. With sweeping seasonal views, the home itself is only matched by the beauty of its natural surroundings. A level driveway brings you to a private front entrance.
$3,600,000

4

5550 Dupree Drive, Atlanta, Georgia 30327, 6 Bedrooms Bedrooms, ,7 BathroomsBathrooms,Residential,Sold,5550 Dupree Drive,7355563

5550 Dupree Drive
5550 Dupree Drive, Atlanta, Georgia 30327
Sold 05/21/2024
6Bedroom(s)
7Bathroom(s)
1Picture(s)
12,225Sqft
Private gated estate located close to Holy Innocents School. Beautiful, pristine home with 12 foot ceilings, wonderful kitchen, breakfast/keeping area adjoins great room opening to screen porch, outdoor area with automatic awning, overlooking beautiful pool with outdoor dining/kitchen area and guest house with 2 full baths, full kitchen and one bedroom.
$3,387,500

5

View of front of property with a garage and a front yard

5090 Riverview Road
5090 Riverview Road, Sandy Springs, Georgia 30327
Sold 06/03/2024
5Bedroom(s)
6Bathroom(s)
1Picture(s)
7,480Sqft
One of a kind newly built custom home nestled on a 2+ Acre lot in the very coveted 30327 zip code of Sandy Springs. This Harrison Designs home was the personal home of a long time Atlanta Native Custom Home Builder. This modern transitional home features 5 bedrooms (plus a room in the basement that could be used for a bedroom), 6 full bathrooms and 2 half baths.
$3,265,000

6

5030 Riverview Road, Atlanta, Georgia 30327, 7 Bedrooms Bedrooms, ,9 BathroomsBathrooms,Residential,Sold,5030 Riverview Road,7353377

5030 Riverview Road
5030 Riverview Road, Atlanta, Georgia 30327
Sold 05/21/2024
7Bedroom(s)
9Bathroom(s)
46Picture(s)
7,856Sqft
Introducing 5030 Riverview Road: a private sanctuary of luxury living nestled in one of Sandy Springs’ most prestigious enclaves. Crafted by renowned architect William Baker, this single owner executive home boasts understated elegance and meticulous attention to detail, offering a lifestyle of unparalleled refinement.
$3,200,000

7

Welcome to 4989 Long Island Drive!

4989 Long Island Drive NW
4989 Long Island Drive NW, Sandy Springs, Georgia 30327
Sold 04/15/2024
6Bedroom(s)
6Bathroom(s)
54Picture(s)
6,924Sqft
Your search ends here! Discover the home you've been dreaming of in this meticulously renovated Sandy Springs residence.
$2,941,500

8

French provincial home with a lawn

153 Mystic Place
153 Mystic Place, Atlanta, Georgia 30342
Sold 06/06/2024
6Bedroom(s)
6Bathroom(s)
3Parking(s)
62Picture(s)
7,739Sqft
Immerse yourself in the epitome of refined living with this exquisite residence, magnificently situated in the vibrant enclave of Chastain Park. This architectural masterpiece, originally erected in 2006, underwent a comprehensive, no-expense-spared renovation in 2018/2019, transforming it into a sanctuary of luxury and sophistication.
$2,875,000

9

565 Chestnut Rose Lane, Sandy Springs, Georgia 30327, 7 Bedrooms Bedrooms, ,7 BathroomsBathrooms,Residential,Sold,565 Chestnut Rose Lane,7389344

565 Chestnut Rose Lane
565 Chestnut Rose Lane, Sandy Springs, Georgia 30327
Sold 06/28/2024
7Bedroom(s)
7Bathroom(s)
40Picture(s)
9,388Sqft
Located in a quiet cul-de-sac, this exquisite home located in the Tiller Walk Neighborhood has immaculate detailing throughout. Each room is wonderfully and thoughtfully designed to allow multiple living and entertaining spaces. The spacious grand foyer greets you, with custom entry doors are antiques from New Orleans. On one side of the foyer you will find a fireside gentlemen's study.
$2,850,000

10

5865 Winterthur Drive Nw, Sandy Springs, Georgia 30328, 4 Bedrooms Bedrooms, ,3 BathroomsBathrooms,Residential,Sold,5865 Winterthur Drive Nw,7369936

5865 Winterthur Drive Nw
5865 Winterthur Drive Nw, Sandy Springs, Georgia 30328
Sold 05/30/2024
4Bedroom(s)
3Bathroom(s)
67Picture(s)
4,313Sqft
Nestled within the secluded embrace of a sprawling 2.5-acre lot, this exquisite Tuscan-style villa stands as a masterpiece of architectural grace and refined tranquility in Atlanta’s coveted Winterthur neighborhood.
$2,760,000

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About

Sandy Springs is a vibrant and growing city just north of Atlanta, Georgia. It’s where beautiful residential neighborhoods meet world-class amenities, and all within a short drive from downtown. If you’re looking for high-end shopping, you’re a foodie looking for your next culinary treat, or even an outdoor adventurer looking for a great place to get away in the woods, Sandy Springs has got you covered! 

Sandy Springs offers plenty of community activities to go along with its quiet neighborhoods and beautiful homes. The Performing Arts Center and live music on the City Green at City Springs are just the beginning. There is a lot going on for residents and visitors alike.

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