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Atlanta Condos For Sale

What’s My Luxe Midtown Home Worth? September 2014 Update

October 20, 2014 by Thom Abbott

Luxe Midtown is located just 1/2 block from Piedmont Park! It’s a “boutique” building with a lesser number of homes. And not much sales activity, so people are staying home! Let’s take a look!

What’s My Luxe Midtown Home Worth? September 2014

Luxe Midtown Atlanta Condos For Sale

 

ACTIVE LISTINGS (2)

  • One 1 Bedroom listed at $299,900
  • One of the Penthouse homes (and she IS a beauty) is listed at $1,690,000

PENDING LISTINGS (0)

SOLD (1)

  • One 2 Bedroom home was listed and SOLD at List Price of $589,000

In comparison, in September 2013, there was one 1 Bedroom sold at $296,000 and three 2 Bedrooms sold, ranging in price from $375,000 to $535,000. From these numbers, we can see that homes at Luxe command the price and hold their value!

Search Homes For Sale at Luxe Midtown Condominiums

Interested in what your Luxe Midtown Atlanta condo could sell for?

Get Your Complete and Accurate Home Value Report HERE 

Filed Under: Blog, Condominiums of Midtown, Market Reports Tagged With: Luxe Midtown Market Reports, Midtown Atlanta Condominiums, Midtown Atlanta Market Reports, midtown atlanta real estate

What’s My Spire Midtown Home Worth? September 2014 Update

October 20, 2014 by Thom Abbott

Spire Midtown Atlanta has been, and continues to be, a popular choice among condo buyers in Midtown Atlanta.

Let’s take a look at the market activity for Spire Midtown in September.

Spire Midtown Atlanta Market Report | September 2014

 

Spire Midtown Condos For Sale

ACTIVE LISTINGS (16)

  • Eight 1 Bedrooms ranging from $180,000 to  $224,900
  • Eight 2 Bedrooms ranging from $345,000 to $419,900

PENDING LISTINGS (UNDER CONTRACT) (6)

  • Six 1 Bedrooms ranging from $168,500 to $239,900

SOLD (3)

  • Three 1 Bedrooms at $200,000, $209,000 and $220,000.  (NOTE: Sales were at 99% of List Price!)
  • NO 2 Bedrooms sold in September, but past months sales were in the $345-350,000 range.

In comparison, in September, 2013, there was just one 1 Bedroom sold at $180,000 and two 2 Bedrooms sold at $315,000.

Prices on the 1 bedroom homes have risen as the lower priced inventory has been bought up! 2 Bedrooms have slowed with several on the market at $345,000 to $359,000.

Search Spire Midtown Homes For Sale Here 

Want to know what your Spire Midtown Atlanta condo could sell for?

Get Your Complete and Accurate Home Value Report HERE

Filed Under: Condominiums of Midtown, Market Reports Tagged With: Midtown Atlanta Condominiums, Midtown Atlanta Market Reports, Spire Midtown Atlanta Market Reports

Atlanta GA Condo Market Report September 2014

October 20, 2014 by Thom Abbott

Atlanta Condo Prices Rise 23 Percent
Midtown Atlanta Skyline

As the heat from the Hotlanta summer rides off into the sunset, and the leaves begin to fall, we also see some changes in the Atlanta GA Condo Market Report for September, 2014. While New Listings and Closed Sales were up slightly, condos going Under Contract (New Pendings) was down from August! There are still Buyers in the market place, but they may not be finding what they are looking for due to the overall limited, lower inventory of condominiums in Atlanta.

Keep in mind, there is currently no new condominium construction to speak of in the Metro Atlanta area. Those that ARE moving forward seem to be at a much higher price point. (Seventh Midtown comes to mind with starting prices at $739,000!)

Also, this is a Metro Atlanta wide report for the Atlanta GA Condo Market! In the coming days, you will see detailed Market Reports for the select 21 condominium buildings we track in Midtown Atlanta. If you have specific questions about the market, you can:

  • Call me directly at 770.713.1505.  I’d be happy to discuss the market for your particular building.
  • Request a Home Value Market Report HERE. (Please provide your name, email and phone number when doing so. It takes our team waaaaaay longer to complete a report without this information because we have no way to get it to you!)

 

Screenshot 2014-10-20 08.18.43

Filed Under: Buyers, Condominiums of Midtown, Sellers Tagged With: Atlanta Condominiums, Buyers, Intown Atlanta Real Estate, Sellers

Georgia Tech Off Campus Housing — Cornerstone Village

October 15, 2014 by Thom Abbott

Cornerstone Village Condominiums Intown Atlanta Real Estate`The real estate market in Midtown Atlanta has certainly changed in the past year! And so have the prices. As I work with parents of Georgia Tech students looking for Off Campus Housing, the options are still many, but the price is another story.

Georgia Tech Off Campus Housing — Cornerstone Village

Enter Cornerstone Village! Conveniently located on Peachtree Street, between 5th and 6th Street, it’s an easy walk to Tech Square where students can catch the Tech Trolley for access further onto the campus if they don’t want to walk!

What does Cornerstone Village offer the Georgia Tech student AND parent? First off, Location! As I just said, easy to walk to campus. Secondly, location! CVS Health is across the street from the community, and Einstein Bros Bagels JUST opened right in the building….convenient for the busy student to grab breakfast or lunch on the way to campus! There is also Big Peach Running if they are a runner, and El Escorpion restaurant for dinner right in the building.

Condo Map Cornerstone Village

Thirdly, but most importantly is VALUE FOR THE PRICE! Cornerstone has always been a value on Peachtree Street. Why you ask? Well, it’s NOT the shiny, 28 story high rise that you find in it’s neighbor, Spire Midtown. You don’t have a 24-hour Concierge, but does a student need that? The community has a resort-styled pool and grilling area, perfect for your student to entertain friends. A fitness center (yes, the Campus Recreation Center is a killer fitness center for students) but this is perfect if they want to catch that 12 midnight work out and not be on campus! There is a movie room, perfect for watching a DVD related to a class project!

And values have gone up at Cornerstone Village! Two years ago, I sold a home to parents of Georgia Tech students and they paid $170,000 of the very same floor plan as listed below!

If you are looking for Georgia Tech Off Campus Housing — Cornerstone Village is one of your best options! Let me help you get a great condo for your students!

 

We're sorry, but we couldn't find MLS # 5338889 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

Filed Under: Blog, Condominiums of Midtown, Georgia Tech Tagged With: georgia tech housing, midtown atlanta condos for sale, midtown atlanta real estate

Luxury Living at Luxe Midtown Atlanta

September 15, 2014 by Thom Abbott

Luxe Midtown Atlanta
Luxe Midtown Atlanta

When first marketed, the  original sales brochure called it, ”Luxe at First Sight.”

And indeed, Luxe Midtown Atlanta is the first new high rise construction near Piedmont Park since 1988 when Ansley Above the Park was built. There has been other condominium construction close to the park, but not a high rise like Luxe Midtown Atlanta.

Many condo buyers don’t want to be in a building that has 250, 350 or even over 400 homes in it!! Then Luxe Midtown is the what you are looking for! Intimate is a perfect word for this 116 unit community. Location is everything you could ask for. Just steps from the 189- acre Piedmont Park offering you the convenience of condominium living with a pretty nice back yard.

Luxe Midtown Atlanta Amenities

  • Dramatic 10-12 ft. ceilings with floor to ceiling glass
  • Hardwood Floors in Foyer, Kitchen & Living Room (carpet in bedrooms)
  • Spacious Balconies with Panoramic Views
  • Distinctive Entry Foyers
  • BOSCH Stainless Steel Appliances including gas cooking
  • Granite Countertops with 4” backsplash
  • Double Vanity in Master Bath – Separate Shower and 60” Soaking Tub

Community Amenities at Luxe Midtown Include:

  • Intimate Swimming Pool  with Views Overlooking Piedmont Park – Wi-Fi Access and Outdoor Kitchen/Grilling area
  • Concierge Service 24/7
  • Club Room with Fireplace and Catering Kitchen
  • Fitness Center
  • His & Hers Saunas
  • Controlled Security Access Throughout the Building

BUT, if you ARE looking for ultimate luxury living in Midtown Atlanta, then you will want to take a look at a rare Penthouse offering at Luxe Midtown! Stunning and breathtaking will get you started!

We're sorry, but we couldn't find MLS # 5342881 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

LISTING PROVIDED BY THE REAL ESTATE COMPANY

Filed Under: Blog, Condominiums of Midtown Tagged With: Atlanta Condominiums, Intown Atlanta Real Estate, Midtown Atlanta Condominiums

Cornerstone Village | Midtown Atlanta Market Report | July, 2014

August 23, 2014 by Thom Abbott

Cornerstone Village has always been the Midtown Mile “value” condominium building for buyers looking in Midtown Atlanta. And while it still is, you can quickly see from this Market Report that prices, especially for a two-bedroom home has climbed dramatically in the last year!

Cornerstone Village | Midtown Atlanta Market Report | July, 2014

There has been minimal inventory at Cornerstone Village over the past few months, and it’s kept the activity to a minimum as well.

Cornerstone Village Market Report July 2014

Let’s take a closer look at the activity…

ACTIVE LISTINGS (4)

  • 3 One bedrooms listed at $124,900 to $157,500
  • 1 Two Bedroom listed at $250,000 (This number will be important when we look at 2013 sales!)

PENDING LISTINGS (UNDER CONTRACT) (7)

  • 4 One Bedrooms ranging from $101,000 to $159,900 (The $101 is a Short Sale Pending Lender Approval)
  • 3 Two Bedrooms ranging from $210,000 to $237,900

SOLD

  • There were no homes sold (closed) in July of this year

Georgia Tech Off Campus HousingNow, for a comparison sake, in July 2013, there was 1 one-bedroom at $124,000 and one 2-bedroom that sold at $172,000!! Here is where I mentioned the numbers would be important. Look at the prices of two bedrooms currently listed and what is Pending…..a jump from $172,000 to $237,900!!! This is one of the most dramatic price increases we have seen in ANY Midtown Atlanta condo building!

Cornerstone Village has been very popular with parents of students attending Georgia Tech. By making a real estate investment in their son or daughter’s future, they have been purchasing a condo that their kid could share with 2-3 other students. With the price increases, this is a bit more challenging. But even to purchase now, if prices continue to go up, you should see a return on your investment, and saved all the money from the cost of on-campus housing.

Filed Under: Buyers, Condominiums of Midtown, Georgia Tech, Market Reports Tagged With: georgia tech housing, Intown Atlanta Real Estate, Midtown Atlanta Condominiums, Midtown Atlanta Market Reports, midtown atlanta real estate

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Thom Abbott

Associate Broker, REALTOR(R)
905 Juniper Street, NE Suite 110
Atlanta, Georgia 30309
770.713.1505 Direct
404.876.4901 Office

 
 
 
 
 
 
 
 
 
 

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