Midtown Atlanta Market Reports | Peachtree Lofts | January 2013

 

Peachtree Lofts was one of the very first condo conversions in Midtown Atlanta! A former office building was gutted and the insides redesigned with a variety of floor plans. The building arrived on the scene before granite and stainless steel kitchens were the “must haves.” However, get one of these at the right price, and renovate it, and you will have a jewel in cool building!

Midtown Atlanta Market Reports | Peachtree Lofts | January 2013

 

Midtown Atlanta Market Report Peachtree Lofts January 2013

In January, here’s a snapshot of what was happening in Peachtree Lofts:

  • 4 Homes Listed For Sale — a 1 bedroom at $200,000 and three 2- bedrooms ranging from $179,000 – $264,000
  • Two 1-Bedrooms are Under Contract with List Prices of $110,000 and $132,000
  • One home SOLD in January, a 2-bedroom at $252,000

In January, 2012 the building had only 1 sale, a 1-bedroom at $97,900.

Notice a pattern here? Look at the SOLD price in 2012 and the Under Contract Price in 2013! Prices are headed in the right direction, especially with limited inventory to choose from!

Click Here to learn more about Peachtree Lofts and the Homes For Sale!

Thom Abbott

I'm a real estate broker living and selling the Midtown Atlanta lifestyle. From high rise condominiums to historic homes, I enjoy everything Midtown Atlanta has to offer. I'll help you find the right home in Midtown Atlanta or any of the other exciting Intown Atlanta communities that border the Midtown Area!

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