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What Makes Alpharetta One of the Hottest Real Estate Markets in the Country?

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A lot has changed since last year. COVID-19 impacted every community, and we certainly have felt its effects in the city of Alpharetta.

Alpharetta's population used to increase from 64,000 at night to nearly double that number during weekdays. Those 60,000 extra people drove on our roads, worked in our office buildings, shopped in our stores, and ate in our restaurants.

When COVID-19 hit, many visitors stopped coming to our city. Companies asked employees to work from home. Some stores, restaurants, and hotels temporarily closed. Over time, most of these establishments reopened, but a lot of office buildings are still nearly empty, as people continue to work from home.

While it is impossible to predict all the changes that will result from this unprecedented disruption, we are beginning to see some expected trends. Some of the changes are positive, and some will likely be negative, at least in the short term.

For example, rush hour traffic has been much less than before the pandemic. In 2019, traffic congestion was one of Alpharetta's biggest challenges, but today, many people are working from home and driving less often, so traffic conditions have improved. The reduced traffic is welcome for now, as it allows the City to make faster progress with fewer disruptions to residents while projects are completed along Windward Parkway and Kimball Bridge Road.

However, we don't expect traffic to remain low forever because of another trend we see emerging in Alpharetta. Because of COVID-19, people and businesses are making the health and safety of their families and employees a much higher priority. As a result, they are beginning to appreciate the benefits of homes and office buildings in lower density suburban areas.

Many companies and commercial property investors are now abandoning major metropolitan areas on the West Coast or in the Northeast for safer, more affordable options. As one of the best cities on the East Coast to live, raise a family, and do business, Alpharetta is even more attractive than ever before.

And as millennials are beginning to start families of their own, they now appreciate our great schools in a safe community with walkable environments like Avalon and the downtown area as well as the AlphaLoop and Greenway Trail systems.

All these trends help make Alpharetta one of the hottest real estate markets in the country. Any local real estate agent can tell you that buyers must act swiftly, or they may lose the house of their dreams. There are just not enough houses available for the people who want to live here.

Yes, the last year has been a tough one for all of us. But the good news is that we are blessed to be in a community that attracted people and businesses from all over the world before the pandemic, and nothing about that seems to have changed.
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Mayor Jim Gilvin

Mayor Jim Gilvin

Mayor Jim Gilvin
Jim Gilvin is the mayor of Alpharetta. 678-297-6010. jJGilvin@alpharetta.ga.us, Alpharetta.Ga.us
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