For the first time in over five years, the 3^rd quarter of 2024 has brought a significant shift in the local housing market. After years of steady declines, the number of single-family homes sold has seen a slight increase compared to the same period last year. According to the market data, six more single-family homes were sold in Q3 2024 than in Q3 2023, breaking the trend of decreasing sales numbers that had persisted since 2020.

Single-family home prices continue to climb year-over-year, which is also great news for sellers. The townhome and condominium market, on the other hand, tells a slightly different story, and brings welcome news for buyers in Sandy Springs.

Single-Family Homes Sales for 3^rd Quarter 2020 – Present

Year	Number of Homes Sold	Average Sales Price
Q3 2020	271	$920,158
Q3 2021	261	$973,635
Q3 2022	172	$1,076,946
Q3 2023	132	$1,169,824
Q3 2024	138	$1,232,728

After years of steady price increases in multi-family homes since 2020, Q3 2024 saw a marginal decline in prices for the first time in recent memory. Buyers, who have been patiently waiting, may find opportunities in the more affordable market.

We are cautious but optimistic when looking at the factors that may be playing a role in the price dip. If you’ve been waiting for the right time to purchase, now may be your chance to act before prices potentially climb again.

Multi-Family Homes Sales for 3^rd Quarter 2020 – Present

Year	Number of Homes Sold	Average Sales Price
Q3 2020	265	$280,839
Q3 2021	303	$307,918
Q3 2022	210	$343,218
Q3 2023	171	$384,649
Q3 2024	153	$357,580

Featured Properties

Featured Properties

1

4645 Lake Forrest Drive

4645 Lake Forrest Drive, Atlanta, Georgia 30342

Sold 09/04/2024

7Bedroom(s)

9Bathroom(s)

73Picture(s)

11,925Sqft

Immerse yourself in the unparalleled luxury of this newly constructed masterpiece by Cohan Custom Homes, a beacon of West Coast organic modern architecture fused with the highest standards of sustainable living. The estate, perched on a serene hilltop one-acre lot and enclosed within an automatic gate, offers the epitome of seclusion and privacy.

$5,900,000

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2

216 Mount Paran Road

216 Mount Paran Road, Atlanta, Georgia 30327

Sold 09/04/2024

8Bedroom(s)

6Bathroom(s)

40Picture(s)

7,080Sqft

Million dollar price reduction. 2024’s MOST ANTICIPATED LISTING! The Hamptons meets Atlanta. Tucked away on 5.7+ acres with meticulously landscaped grounds. We have all driven by this one and admired the white board fencing and lawns surrounding the home. The main house consists of 6 bedrooms, 4 full baths and 2 half baths.

$5,309,900

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3

1111 Crest Valley Drive

1111 Crest Valley Drive, Atlanta, Georgia 30327

Sold 08/29/2024

6Bedroom(s)

7Bathroom(s)

90Picture(s)

12,000Sqft

Welcome to this enchanting gated villa- a timeless masterpiece nestled on 2.1 acres with serene landscape, design by architect Bill Harrison and built by Beacham.

$4,592,500

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4

876 Crest Valley Drive

876 Crest Valley Drive, Sandy Springs, Georgia 30327

Sold 09/03/2024

6Bedroom(s)

6Bathroom(s)

9Parking(s)

70Picture(s)

10,444Sqft

Indulge & Live your Best Life in this Serence & Secluded Entertainer's Paradise, just minutes to Chastain Park, great restaurants, fitness centers, shopping, medical & professional offices. This Turn-Key, European Riviera-Style Estate on 2 Lush & Level Private Acres in fabulous Sandy Springs/North Buckhead is ready for it's New Owner.

$4,300,000

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5

4914 Powers Ferry Road

4914 Powers Ferry Road, Atlanta, Georgia 30327

Sold 07/01/2024

5Bedroom(s)

5Bathroom(s)

44Picture(s)

7,400Sqft

This stately French Provincial home in Sandy Springs (30327) is centrally located near Chastain Park, Mt Paran/ Northside, and the best Buckhead and Sandy Springs ITP have to offer! The resort-like backyard includes a stone terrace with a beautiful pool and spa.

$3,200,000

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6

5600 Long Island Drive Nw

5600 Long Island Drive Nw, Sandy Springs, Georgia 30327

Sold 09/10/2024

6Bedroom(s)

6Bathroom(s)

66Picture(s)

9,000Sqft

Impressive gated estate home with pool ideally situated on private 2 acres in the heart of Sandy Springs! Custom built in 2016, this home effortlessly combines luxury finishes and large gracious rooms. Exquisitely manicured level front yard with beautiful landscaping welcomes you to this stunning property.

$3,195,000

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7

4530 Peachtree Dunwoody Road Ne

4530 Peachtree Dunwoody Road Ne, Atlanta, Georgia 30342

Sold 08/20/2024

4Bedroom(s)

4Bathroom(s)

95Picture(s)

4,649Sqft

Nestled on a 1-acre pristine lot, discover this stunning residence located on one of Atlanta's most prestigious tree-lined avenues. A private road leads to the main entrance where motorized iron gates part ways to reveal a home of unparalleled craftsmanship and sophistication.

$2,815,000

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8

155 Pine Lake Drive

155 Pine Lake Drive, Atlanta, Georgia 30327

Sold 09/23/2024

6Bedroom(s)

6Bathroom(s)

67Picture(s)

7,400Sqft

This CHASTAIN PARK turn-key new construction is a dream-come-true. The Harrison Design team has thought of everything.

$2,800,000

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9

98 Johnson Ferry Road Nw

98 Johnson Ferry Road Nw, Sandy Springs, Georgia 30328

Sold 08/15/2024

8Bedroom(s)

6Bathroom(s)

87Picture(s)

8,000Sqft

Discover unparalleled sophistication and comfort at this exquisite newly built property located at 98 Johnson Ferry Road, Sandy Springs, Georgia. This impressive estate is perfectly situated on a .84-acre lot, featuring a luxurious 6,000+/- sq ft main house with five bedrooms, alongside a charming 2,000+/- sq ft carriage house offering three additional bedrooms.

$2,800,000

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10

6098 River Chase Circle

6098 River Chase Circle, Atlanta, Georgia 30328

Sold 09/09/2024

4Bedroom(s)

4Bathroom(s)

79Picture(s)

8,197Sqft

Nestled in the highly sought-after River Chase neighborhood of Atlanta, Cliffwood Estate is a stunning Tudor-style home that offers the ultimate in luxury living. This magnificent 5-bedroom, 5.2-bathroom house is perched on a sprawling 1.35-acre lot, surrounded by lush greenery that provides the perfect amount of privacy and seclusion.

$2,435,000

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In 2006, Sandy Springs residents Cheryl and Phil Yagoda, founders of Ian’s Friends Foundation (IFF), embarked on a journey with a vision few can imagine: to eradicate pediatric brain tumors. Nearly two decades later, their determination remains unwavering, spurred by the personal experience of their son Ian, diagnosed with an inoperable brain tumor as a toddler.

“Those three words – ‘We found something’ – changed our lives forever,” the Yagodas recall. Faced with limited treatment options, they decided to take action. They learned that pediatric brain tumors are the leading cause of cancer-related deaths in children. Yet, less than 1% of federal cancer research funding is dedicated to pediatric brain tumors. This chilling statistic motivated the couple to launch IFF, raising awareness and funding critical research.

A Groundbreaking Approach to Finding a Cure

IFF has created one of the most innovative initiatives in finding a cure for any disease.  The biennial WhatIFF Symposium in Atlanta gathers over 50 leading doctors, clinicians, and researchers from top hospitals and universities around the world to collaborate and share research on pediatric brain tumors.  The format is akin to a medical “Shark Tank,” where researchers have five minutes to pitch their ideas, followed by a ten-minute defense. The top three projects, voted on solely by the body of participants, are awarded up to $100,000 each, helping them advance to the point where they can secure substantial grants from agencies like the FDA and NIH.

“Our goal was to create a platform that not only funds research but fosters collaboration,” Phil explains. “We’ve seen promising projects receive multi-millions in additional grants, all because they got their start at WhatIFF.”

How You Can Help

The Yagodas emphasize that IFF’s success is due in large part to community involvement. There are countless ways to contribute; including volunteering at fundraisers and organizing local events like 5Ks or youth pickleball tournaments. “Every dollar raised goes directly to research,” Cheryl notes, highlighting that IFF does not cover indirect institutional costs. “Our mission is too important to let any funding go elsewhere.”

Youth in Sandy Springs are also encouraged to participate. “We love seeing kids get involved,” Cheryl says. “It could be something as small as a lemonade stand or as big as a school fundraiser.”

An Evening of Inspiration

IFF’s single largest fundraising event is their annual Evening of Inspiration, which takes place this year on the evening of Saturday, November 23^rd.  It is a truly moving and fun evening.  Highlights include an auction, entertainment, delicious dinner, and a rocking after party with a DJ.  This year’s entertainment features NYC’s #1 mentalist, Alex Voz.  It is an event not to be missed, and the public is invited to purchase tickets right here.

A Legacy of Hope

When asked about the most rewarding aspect of their journey, the Yagodas don’t hesitate: “Hearing from parents we’ve helped. Knowing we’ve made a difference in the lives of other families facing this terrifying diagnosis means the world to us.”

The Ian’s Friends Foundation has built more than just an organization—it’s created a community of hope, where families affected by pediatric brain tumors can find support, share invaluable information, and contribute to the fight for a cure.

For more information or to get involved with IFF, visit www.iansfriendsfoundation.com.

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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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