SANDY SPRINGS
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2022 was certainly a fascinating year in Sandy Springs real estate!  Inventory remained tighter than usual, while mortgage rates rose by a higher margin than any other year on record.  For the first time in 5 years, the number of units sold in Sandy Springs year over year actually dropped.  In fact, the number of both single-family homes and condo/townhomes sold during 2022 was substantially lower than any of the previous 4 years.  Interestingly, the average sales price rose yet again, illustrating the strong buyer demand in our community.

 

Year

2018

2019

2020

2021

2022

Number Of Single Family Homes Sold

822

871

923

1036

701

Average Single Family Home Sale Price

$749,695

$793,381

$863,977

$963,585

$1,122,271

Number of Condos/Townhomes Sold

979

957

906

1168

841

Average Condo/Townhome  Price

$260,582

$276,746

$288,189

$300,455

$360,972

 

I am not going to make any predictions at this point for 2023 but am looking forward to seeing what this year will bring. Stay tuned for first quarter stats.

 

The highest sale price in Sandy Springs real estate during 2022 was $9,350,000 for a fabulous new build on 6 1/2 acres with a lake.  Other than this sale, the prices of the next nine top sales of the year were slightly lower than in 2021, demonstrating that while home values rose overall last year, prices actually slipped down in the top-most portion of our market.

Top 10 home sales of 2022 in Sandy Springs

Top 10 home sales of 2022 in Sandy Springs

1

4725 Northside Drive, Atlanta, Georgia 30327, 7 Bedrooms Bedrooms, ,9 BathroomsBathrooms,Residential,Sold,4725 Northside Drive,6974777

4725 Northside Drive
4725 Northside Drive, Atlanta, Georgia 30327
Sold 03/25/2022
7Bedroom(s)
9Bathroom(s)
9Parking(s)
1Picture(s)
15,000Sqft
New construction luxury residence on over 6.5 acres with a lake. Architecture by Greg Busch.
$9,350,000

2

1714 Brandon Hall Drive, Atlanta, Georgia 30350, 4 Bedrooms Bedrooms, ,5 BathroomsBathrooms,Residential,Sold,1714 Brandon Hall Drive,7068576

1714 Brandon Hall Drive
1714 Brandon Hall Drive, Atlanta, Georgia 30350
Sold 09/14/2022
4Bedroom(s)
5Bathroom(s)
89Picture(s)
7,496Sqft
Set on a dreamy, wide-open tract of land that was once part of a small vineyard, this exquisite home offers endless views of the Chattahoochee River. Building 1714 Brandon Hall Drive, so close to the Chattahoochee River, was the culmination of four decades of home-building experience.
$5,250,000

3

5400 Lake Forrest Drive Nw, Sandy Springs, Georgia 30342, 6 Bedrooms Bedrooms, ,8 BathroomsBathrooms,Residential,Sold,5400 Lake Forrest Drive Nw,7106513

5400 Lake Forrest Drive Nw
5400 Lake Forrest Drive Nw, Sandy Springs, Georgia 30342
Sold 10/31/2022
6Bedroom(s)
8Bathroom(s)
52Picture(s)
8,340Sqft
Absolutely stunning like-new soft modern estate on 2 private acres near Chastain Park. Feel like you have escaped to the mountains as you wind along the private drive to be welcomed by a spectacular rock waterfall and ultra private entry with ample parking.
$4,335,000

4

1113 Crest Valley Drive, Sandy Springs, Georgia 30327, 6 Bedrooms Bedrooms, ,7 BathroomsBathrooms,Residential,Sold,1113 Crest Valley Drive,6979158

1113 Crest Valley Drive
1113 Crest Valley Drive, Sandy Springs, Georgia 30327
Sold 03/25/2022
6Bedroom(s)
7Bathroom(s)
60Picture(s)
7,510Sqft
New construction inside 285, only 5 minutes from Chastain Park! Easy access to public & private schools. Gorgeous, gated 2 acre lot perched above street level featuring a main level NEW pool & spa with tanning ledge, fountains and fire features. Driveway is uphill, but house sits on a nice flat pad with level backyard.
$4,219,500

5

725 Londonberry Road, Sandy Springs, Georgia 30327, 6 Bedrooms Bedrooms, ,7 BathroomsBathrooms,Residential,Sold,725 Londonberry Road,7082320

725 Londonberry Road
725 Londonberry Road, Sandy Springs, Georgia 30327
Sold 11/15/2022
6Bedroom(s)
7Bathroom(s)
3Parking(s)
87Picture(s)
9,000Sqft
Understated and timeless, this home's French-inspired facade gives way to a stylish, au courant interior and an enviable outdoor living area with multiple decks, patios, outdoor fireplaces, an edge-to-edge infinity pool and a lush backyard. Gorgeous newly renovated, state-of-the-art kitchen with high end appliances, stone topped sleek cabinetry and built-in coffee bar.
$4,150,000

6

1245 W Garmon Road, Atlanta, Georgia 30327, 7 Bedrooms Bedrooms, ,7 BathroomsBathrooms,Residential,Sold,1245 W Garmon Road,7043810

1245 W Garmon Road
1245 W Garmon Road, Atlanta, Georgia 30327
Sold 06/30/2022
7Bedroom(s)
7Bathroom(s)
93Picture(s)
10,149Sqft
Executive gated estate on over 2 private acres of lush landscaping. Offering quiet seclusion while being just minutes away from private schools, parks, shopping and interstates. Atlanta address without City of Atlanta taxes. Recently remodeled kitchen with marble countertops and top of the line appliances. Freshly painted exterior and secondary bathrooms were updated May 2022.
$3,995,000

7

5705 Winterthur Lane, Sandy Springs, Georgia 30328, 8 Bedrooms Bedrooms, ,10 BathroomsBathrooms,Residential,Sold,5705 Winterthur Lane,6948651

5705 Winterthur Lane
5705 Winterthur Lane, Sandy Springs, Georgia 30328
Sold 11/14/2022
8Bedroom(s)
10Bathroom(s)
63Picture(s)
21,235Sqft
Spectacular custom English Manor home in coveted Winterthur Estates in Sandy Springs at the end of a cul de sac on 2.78 acres. Stone and brick exterior. New architectural roof added in 2020. Just 10 minutes north of Buckhead, Winterthur Estates is a best kept secret on the Chattahoochee River. Includes tennis and basketball courts.
$3,975,000

8

131 Burdette Road, Atlanta, Georgia 30327, 7 Bedrooms Bedrooms, ,8 BathroomsBathrooms,Residential,Sold,131 Burdette Road,7054638

131 Burdette Road
131 Burdette Road, Atlanta, Georgia 30327
Sold 08/01/2022
7Bedroom(s)
8Bathroom(s)
58Picture(s)
9,785Sqft
Incredible Harrison Design located in Sandy Springs. This European Oasis is completely gated 1.4+ acres and truly magnificent. Meticulously landscaped. The rooms are spacious and flow efforlessly throughout the house. Fully equipped open eat-in kitchen with keeping room. Separate dining room and formal living room.
$3,975,000

9

600 Old Cobblestone Drive, Sandy Springs, Georgia 30350, 8 Bedrooms Bedrooms, ,8 BathroomsBathrooms,Residential,Sold,600 Old Cobblestone Drive,7100273

600 Old Cobblestone Drive
600 Old Cobblestone Drive, Sandy Springs, Georgia 30350
Sold 12/27/2022
8Bedroom(s)
8Bathroom(s)
8Parking(s)
45Picture(s)
16,126Sqft
This incredible European English Traditional was designed by Steven Fuller, with the Gardens By Alex Michalelides (Land Plus) and construction by Bill Grant Homes. The home is one of 9 estate homes in the gated community of Old Cobblestone that has now been completely built out.
$3,950,000

10

4985 Rebel Trail, Atlanta, Georgia 30327, 4 Bedrooms Bedrooms, ,4 BathroomsBathrooms,Residential,Sold,4985 Rebel Trail,7071870

4985 Rebel Trail
4985 Rebel Trail, Atlanta, Georgia 30327
Sold 02/16/2022
4Bedroom(s)
4Bathroom(s)
1Picture(s)
7,428Sqft
SOLD
$3,850,000

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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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