Buckhead’s Top 10 Home Sales Of 2024 + 2025 Market Update

Buckhead’s luxury real estate market soared to new heights in 2024, shattering records and redefining expectations.

The year started strong, with early significant sales including a Knollwood Drive home in Tuxedo Park selling for $9.5 million and a Georgian estate in the Paces neighborhood for $12.8 million. This early success set the tone for a year of unprecedented achievements. Later in the year a home at 3540 Woodhaven Road that tipped the scales with 49,665 square feet sold for $17 million. This home included indoor and outdoor pools, a full-size bowling alley, and an indoor basketball court, among other features.

However, the pinnacle of the year arrived with the off-market sale of 3391 Tuxedo Road, a masterpiece of Scandinavian design and Japanese-inspired flow. I am proud to have represented the seller in this transaction, which culminated in a remarkable $19,800,000 sale price – the highest ever recorded in metro Atlanta. This landmark achievement coincided with a professional milestone – as it pushed me past $1 billion in career sales volume. Combined with my role in three of the top 10 sales of the year, these accomplishments highlight the impact of personalized service and the strategic marketing plan I have implemented in Buckhead to ensure my clients’ success.

As you will see in the top ten home sales listed below, the Tuxedo Park neighborhood reigned supreme. Half of the top 10 sales were located in this beautiful neighborhood. As Atlanta grows, Buckhead continues to be the most sought-after community in the region. If 2024 is any indication, real estate in Buckhead will continue to increase in value and desirability.

Scroll down or CLICK HERE to see the top 10 list.

Buckhead’s Housing Market: Navigating High Rates and Record Prices

This chart depicts the dynamic relationship between interest rates, sale prices, and sales volume in Buckhead’s single-family home market, spanning pre-pandemic through post-pandemic periods. The green line illustrates the average 30-year fixed-rate mortgage, revealing the inverse correlation between interest rates and sales volume. The chart demonstrates how historically-low interest rates fueled a surge in sales activity, while subsequent rate increases led to a market contraction. The recent moderation in both price growth and interest rate escalation suggests a potential resurgence in sales volume.

In 2024, the average sale price for a single-family home in the Buckhead area climbed at a moderate rate of 1.91% to $1,745,000, marking a new record. This increase occurred despite average 30-year mortgage interest rates more than doubling over the past three years.

The dramatic rise in interest rates, coupled with increasing prices, has dampened market activity since 2022. However, the rate of growth in prices and interest rates slowed significantly in 2024. This moderation has begun to thaw parts of the market and resulted in increased transaction volume. The number of homes sold in Buckhead last year increased by 20%, reaching approximately 800. While this is a significant improvement, it remains well below the levels of activity seen before and during the pandemic, when annual sales consistently exceeded 1,000 homes and exceeded 1,400 home sales at the 2021 peak.

The interplay of these factors—higher prices and rebounding sales volume—suggests that while demand remains robust, the Buckhead real estate market may be finding a new balance in the post-pandemic era. However, higher interest rates are expected to act as a brake on the overall market until they begin to decline. The outlook for falling rates has become less certain with recent policy changes and the latest inflation data, creating a degree of uncertainty in the market forecast. The rate of price appreciation, while currently moderating, will likely remain sensitive to fluctuations in interest rates.