The first quarter of 2024 has brought a surprising shift in the Sandy Springs real estate landscape, with condos and townhomes taking the spotlight. Both total units sold and average sales prices for condos and townhomes have surged by over 15% compared to the same period last year, while single-family home sales remained relatively stagnant.
The rise in demand for condos and townhomes is a notable departure from previous trends, where single-family homes typically dominated the market. This shift suggests a changing preference among buyers, possibly driven by factors such as affordability and lifestyle choices.
In contrast, sales of single-family homes saw a slight decrease of 1.8% in total units sold compared to Q1 of 2023. The average sales price for single-family homes also experienced a modest decline, dropping by 2% year over year.
Looking ahead, we are optimistic about the continued growth of the condo and townhome market, due to their appeal to a diverse range of buyers, including young professionals, empty nesters, and investors. However, market conditions can change rapidly, and we advise buyers and sellers to stay informed and seek professional guidance when navigating the real estate market.
| Year | Jan – March 2023 | Jan – March 2024 | Difference YOY | |
| Single-Family Homes | Total Sold | 112 | 114 | 1.8% Decrease |
| Average Sales Price | $1,281,234 | $1,253,482 | 2% Decrease | |
| Condos/Townhomes | Total Sold | 135 | 156 | 15.5% Increase |
| Average Sales Price | $350,478 | $405,178 | 15.6% Increase |
AND NOW… Here are the top 10 sales in Sandy Springs for Q1, 2024!
Featured Properties
Featured Properties
1
505 Kenbrook Drive
505 Kenbrook Drive, Sandy Springs, Georgia 30327
Sold 03/18/2024
7Bedroom(s)
8Bathroom(s)
4Parking(s)
70Picture(s)
11,579Sqft
Stunning painted brick home with cedar shake roof and copper gutters. Primary on the main with elevator to three floors. A large open floor plan with folding glass walls/ accordion doors in the great room and keeping create a seamless indoor and outdoor living space with a motorized screen between the blue stone-covered porch and grill porch.
$5,530,000
2
4682 E Conway Drive NW
4682 E Conway Drive NW, Atlanta, Georgia 30327
Sold 01/17/2024
6Bedroom(s)
6Bathroom(s)
57Picture(s)
7,600Sqft
Incredible new construction MOVE- IN READY in the heart of Chastain Park! Designed by Rodolfo Castro and Hask Custom Homes. This home features timeless design elements which include white oak hardwood floors, amazing trim details and custom cabinetry throughout. Neutral palette and designer finishes set the stage for this open, airy floor plan.
$4,500,000
3
4720 Merlendale Drive
4720 Merlendale Drive, Atlanta, Georgia 30327
Sold 01/12/2024
6Bedroom(s)
7Bathroom(s)
43Picture(s)
13,100Sqft
Extraordinary contemporary new construction home on quiet street in Chastain Park is now complete and move-in ready.
$4,000,000
4
735 Whitemere Court
735 Whitemere Court, Atlanta, Georgia 30327
Sold 02/12/2024
5Bedroom(s)
5Bathroom(s)
3Parking(s)
45Picture(s)
8,370Sqft
The search is over! This is the home you've been looking for! Perfectly nestled on a quiet, half acre lot at the back of the best cul-de-sac in coveted Chastain Park, this European real stucco home has it all! Fully remodeled in 2019 with unsurpassed finishes, this luxurious home was originally built in 1996 by the well-known Atlanta builder, Billy Benedict.
$3,970,000
5
210 N Chambord Drive NW
210 N Chambord Drive NW, Atlanta, Georgia 30327
Sold 02/16/2024
6Bedroom(s)
6Bathroom(s)
59Picture(s)
7,358Sqft
Stunning modern renovation on a private hilltop setting situated on just under 2 acres of land. Every inch of this light filled, contemporary home has been thoughtfully updated with new floor to ceiling Kolbe windows, open concept floor plan, white oak, wide planked flooring, high ceilings, floating staircase.
$3,560,000
6
5475 Mt Vernon Pkwy
5475 Mt Vernon Pkwy, Sandy Springs, Georgia 30327
Sold 01/26/2024
5Bedroom(s)
7Bathroom(s)
44Picture(s)
6,809Sqft
Experience luxury living in this flawless California Contemporary-style home with bespoke interiors and an enviable outdoor living area with a refreshing pool. Glass double front doors open into the incredible two-story living room flooded with natural light. A black slated feature wall with a fireplace adds visual interest while grounding this expansive space.
$3,201,000
7
5113 Powers Ferry Road
5113 Powers Ferry Road, Sandy Springs, Georgia 30327
Sold 03/22/2024
6Bedroom(s)
6Bathroom(s)
58Picture(s)
2Acre
Welcome to 5113 Powers Ferry Road, a truly remarkable home that has been completely rebuilt and renovated by renowned custom home builder, John Willis. Nestled on a sprawling 2-acre lot, this exquisite property offers the perfect blend of luxury, functionality, and modern elegance.
$3,150,000
8
4561 Northside Drive NW
4561 Northside Drive NW, Sandy Springs, Georgia 30327
Sold 03/15/2024
7Bedroom(s)
7Bathroom(s)
114Picture(s)
19,979Sqft
Welcome to this wonderful Mediterranean style estate on Northside Drive in Buckhead-Sandy Springs, GA. This exquisite property offers seven bedrooms, seven full baths and three half baths. There are two powder rooms on the main level and a half bath on the terrace level.
$3,050,000
9
330 Heards Ferry Road
330 Heards Ferry Road, Sandy Springs, Georgia 30328
Sold 03/15/2024
8Bedroom(s)
8Bathroom(s)
136Picture(s)
10,492Sqft
This stunning and elegant all stone Estate on 1.14 acres lot (per tax records) is located in Sought after Sandy Springs! This home is a must see for sure. The gated and secured entrance, completely fenced in yard, swimming pool on back of home, Circular Driveway, walkway, decks and enclosed sunroom with fireplace.
$2,650,000
10
2055 Clay Drive
2055 Clay Drive, Sandy Springs, Georgia 30350
Sold 03/08/2024
7Bedroom(s)
7Bathroom(s)
106Picture(s)
12,000Sqft
Stately custom gated private estate beautifully situated on a meticulously landscaped corner lot setback off of Spalding Drive. This residence boasts 7 spacious bedrooms (terrace level bedroom could be second master) and 7 full baths all with walk in closets. This 4 sided brick home welcomes you with a stacked stone entry and warm, inviting foyer.
$2,400,000
