Market Reports Archives

Midtown Atlanta Market Report | Mid City Lofts March 2012

April 10, 2012 by Thom Abbott

I’ve been in MidCity Lofts quite often in the past couple months as I work with Georgia Tech Parents looking for off-campus housing for their son or daughter. I had the pleasure of closing on a home in January for a student/employee from GATech! I mean talk about convenience to the Georgia Tech campus…you are across the street from Technology Square!

But, when we look at the Midtown Atlanta Market Report for MidCity Lofts for March, 2012….it’s unbelievable! We almost did not make a graph for this one…

That’s right. ONE home on the Market! And 2 Under Contract! WOW! No wonder I can’t find homes for these Georgia Tech parents with inventory like that! Yikes!

MidCity Lofts is a cool building! From the massive stacked stone granite wall in the lobby to the rooftop lap pool and the SkyDeck…this is a great community! The home owner’s association recently renovated all the hallways and the entire club room located on the top of the building. It really shines now!

MidCity Lofts really is THE closest condo building in Midtown Atlanta to the GATech campus!

For More Information on how we can best serve your Midtown Atlanta Real Estate needs, please fill out the online contact form or call us at 770.713.1505.

We specialize in Condominium homes in Midtown Atlanta and other In Town areas of Atlanta. If you are planning to Buy or Sell real estate, let us help you explore all the possibilities available to you and help you find just the right home you will LOVE!

For a Quick Look at Midtown Atlanta Condominiums:

Midtown Atlanta High Rise Condominiums

Midtown Atlanta Mid Rise Condominiums

Perhaps you are interested in Historic Midtown? Take a look at Homes For Sale In Historic Midtown Atlanta

Midtown Atlanta Market Report | Metropolis Midtown March 2012

April 9, 2012 by Thom Abbott

I was surprised when I was showing condos at Metropolis Midtown Atlanta last week to find their club room “gutted” and under going renovations! How exciting! If I get more info on the plans, I will be sure to share them!

The Midtown Atlanta Market Report for Metropolis Midtown for March 2012 is like several of the other Midtown Atlanta condo buildings….low inventory and homes on the move! Good news for Sellers, and a sense of urgency for Buyers if they are waiting….you never know what the inventory will be next month!

But, let’s look at the Midtown Atlanta Market Report for Metropolis Midtown Atlanta:

There are 9 Active listings with a price range from $129,000 to $599,000. (The high price is a Penthouse) Speaking of Penthouses, one closed in March at an amazing $1 MILLION! It was a 4 bedroom combined unit. AND it was sold by the listing agent….nice!

There is one Contingent Contract, 2 homes Pending Lender Approval (short sale) 4 homes Pending with prices ranging from $135,000-$189,000 and 3 were sold in March, 2012 with an average sales price of $127,500.

Metropolis Midtown Atlanta was the first “new” condo building in Midtown Atlanta by the condo developer Novare. While they seemed to kick it up a notch with the follow ups, Spire Midtown and Viewpoint Midtown, Metropolis Midtown Atlanta has some pretty cool features of it’s own. It’s the only Midtown Atlanta condo building with a porte- cochere driveway entrance on the rear of the building. This is great for dropping off or picking up people! There is still a lobby entrance/exit from Peachtree Street. The Lobby features soaring ceiling with beautiful tile and wood work. The two residential towers share the lobby and 24-hour Concierge.

The amenities for Metropolis Midtown are located on the 7th floor, and feature a great pool, lounging areas, state-of-the-art fitness center and an upper level grilling area.

For the Midtown Atlanta condo shopper, there are a couple great 2 bedroom homes on the market right now. One, on the front corner of the building as incredible views of Peachtree Street looking South! Let me know if you’d like to take a look!

For More Information on how we can best serve your Midtown Atlanta Real Estate needs, please fill out the online contact form or call us at 770.713.1505.

For a Quick Look at Midtown Atlanta Condominiums:

Midtown Atlanta High Rise Condominiums

Midtown Atlanta Mid Rise Condominiums

Perhaps you are interested in Historic Midtown? Take a look at Homes For Sale In Historic Midtown Atlanta

Midtown Atlanta Market Report | Viewpoint Midtown March 2012

April 8, 2012 by Thom Abbott

The “mercedes” of Novare’s Midtown Atlanta Condo buildings, Viewpoint Midtown Atlanta has finally SOLD OUT! Great news for the Midtown Atlanta real estate market, and for those who may be looking to sell their Viewpoint Midtown condo. No more developer to compete with!

But, this building is no exception in the Midtown Atlanta real estate market with low inventory and options for Buyers.

The List Prices in Viewpoint Midtown range from $155,000 for the smallest 1 bedroom (a foreclosure) to $350,ooo for a 2 bedroom. The homes that are Under Contract (Pending) range from $197,000 – $350,000. Home prices are stable in this building, but as I just mentioned, there is a foreclosure that can quickly start to impact appraisals in the building. Let’s hope we keep those to a minimum! Of the homes sold, the average Sales Price for 2 bedrooms was $290,750 and the one 1-bedroom that sold was at $205,000

Viewpoint Midtown Atlanta has struggled with it’s retail space however! Evos Restaurant opened, closed, opened….and now closed. A kitchen design store has since closed as well. (I’ve never understood the need for all these kitchen design stores in Midtown Atlanta where all the condo buildings are much newer, and most of the owners are not in the position to gut and redo kitchens?) A Sprint Store now occupies one corner and a hair salon is located on the second level. One would wonder if the cost of the space keeps everyone away?

Viewpoint Midtown Atlanta is a great example of condo amenity design done right. From the expansive club room, fitness center, outdoor living room, zen garden, multiple grilling/dining areas and the resort lap pool, this is a great place to call home in Midtown Atlanta!

Midtown Atlanta Market Report | Plaza Midtown March 2012

April 7, 2012 by Thom Abbott

As this series of Midtown Atlanta Market Reports come out for March, I’m still amazed at the level of inventory, or lack thereof in ALL of the Midtown Atlanta condo buildings. So, let’s look at Plaza Midtown, March 2012

Only 4 Active Listings certainly does not give a Buyer many options in the Midtown Atlanta Condo Market! The List Prices range from a low of $156,000 to a high of $389,900. (That one may be a challenge given recent sales and the prices in the building.)

The Pending Lender Approval listing prices range from $129,000 to $219,900 for a 2 bedroom. (See why that $389,000 may be tough sell?)

The one listing sold was $145,000 for a 1 bedroom home.

Plaza Midtown Atlanta is a popular living option in Midtown. A unique feature to Plaza Midtown Atlanta is the accessibility to a Publix Urban Market without ever leaving the building. Yep….grocery shop and never leave your condo building…..Totally Cool! The street level retail is almost complete as well with restaurants such as Marlow’s Tavern, Steel Restaurant, Dressed Salads and other shops.

Plaza Midtown Atlanta is convenient to Technology Square and the Geoorgia Tech Hotel and Conference Center and the PNC Building. If you need to get further onto the GATech campus from the community, the Tech Trolley stops just across the street at the Midtown MARTA station on Peachtree Place.

Convenience, style, views and location all equal Plaza Midtown Atlanta at Spring, 8th, West Peachtree and Peachtree Place!

If You Don’t Live in Midtown Atlanta What Are My Choices? | LaVista Park

February 21, 2012 by Thom Abbott

As a real estate broker, I try not to be a “jack-of-all-neighborhoods.” You know, the saying “jack-of-all-trades” in that you can do a little bit of everything. The same applies to real estate. We have a word or phrase for it…..niche marketing. My niche market is Midtown Atlanta. But, If You Don’t Live in Midtown Atlanta What Are My Choices? But I do like to know the options for buyers when they can’t find exactly what they want in Historic Midtown Atlanta.

This post is inspired by a couple of things. First, my knowledge of the Midtown Atlanta real estate market, and second by the question I am often asked, “If I can’t afford a single family home in Midtown Atlanta, where CAN I live and still be close to all that Midtown has to offer? One of those answer is….LaVista Park.

LaVista Park is located Northeast of Midtown Atlanta via Piedmont Road, Cheshire Bridge Road and then Lavista Road or Sheridan Drive. By car, the dining and arts of Midtown are a mere 10 mintues away. The map below gives you an idea of the location of LaVista Park in relation to Midtown Atlanta.

According to the ByLaws of the LaVista Park Civic Association, the official boundaries are:

(1) Chantilly Drive on the North and East, Sheridan Road on the South, and the county line of the West;
(2) Citadel Road on the North, Brookforest Drive on the East, LaVista Road on the South, and the county line on the West; (3) Citadel Road on the North, Briarcliff Road on the East; LaVista Road on the South, Brookforest Drive on the West; and
(4) Sheridan Road on the North, Briarcliff Road on the East; Citadel Road on the South, Beech Haven Road on the West.

Established in the 1950’s, LaVista Park features a variety of home styles ranging from modern ranch homes to newer, infill construction that can sometimes be referred to as “McMansions.” It’s a wooded neighborhood, and weather can sometimes bring some of those trees down. But the wooded lots are still a beautiful part of LaVista Park.

The neighborhood schools include BriarVista Elementary, Druid Hills Middle School and Druid Hills High School which is an International Baccalaureate School. Shopping is conveniently located on all side of the neighborhood, from the Tara Theatre area with a Publix Market, to the Briarcliff/Druid Hills area with a Super Target to the Toco Hills Shopping Center at LaVista Road and Druid Hills Road.

For residents of LaVista Park that work elsewhere in Atlanta, interstate access is easy at Cheshire Bridge and I-85. GA400 is nearby for access to the Perimeter area and beyond. Cheshire Bridge Road changes to Lenox Road at I-85 and is a direct route to Buckhead, Lenox Mall and Phipps Plaza.

If You Don’t Live in Midtown Atlanta, Lavista Park is an excellent choice of neighborhoods that is close by. Here are some of the homes available in the LaVista Park.

List View
Map View
Grid View

1242 Wild Creek Trail NE, Atlanta, GA

1242 Wild Creek Trail NE
Atlanta, GA

$2,575,000
- Lot Size
- Home Size
  
  4,850 sqft
- Beds
  
  4 Beds
- Baths
  
  5 Baths
1409 Sheridan Road NE, Atlanta, GA

1409 Sheridan Road NE
Atlanta, GA

$2,175,000
- Lot Size
- Home Size
  
  5,000 sqft
- Beds
  
  6 Beds
- Baths
  
  7 Baths
1410 Lavista Road NE, Atlanta, GA

1410 Lavista Road NE
Atlanta, GA

$1,999,000
- Lot Size
- Home Size
  
  7,587 sqft
- Beds
  
  6 Beds
- Baths
  
  4 Baths
1255 Beech Haven Road NE, Atlanta, GA

1255 Beech Haven Road NE
Atlanta, GA

$1,895,000
- Lot Size
- Home Size
  
  5,508 sqft
- Beds
  
  5 Beds
- Baths
  
  6 Baths
1461 Southland Vista Court NE, Atlanta, GA

1461 Southland Vista Court NE
Atlanta, GA

$1,575,000
- Lot Size
- Home Size
- Beds
- Baths
1301 Lavista Road NE, Atlanta, GA

1301 Lavista Road NE
Atlanta, GA

$669,000
- Lot Size
- Home Size
  
  5,619 sqft
- Beds
  
  5 Beds
- Baths
  
  5 Baths
1175 Kingsley Circle NE, Atlanta, GA

1175 Kingsley Circle NE
Atlanta, GA

$650,000
- Lot Size
- Home Size
  
  2,526 sqft
- Beds
  
  3 Beds
- Baths
  
  2 Baths

See all Real estate matching your search.
(all data current as of 6/7/2025)

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Data last updated: 6/7/25 2:31 PM PDT.

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Midtown Atlanta Market Report | Plaza Midtown Atlanta January 2012

February 9, 2012 by Thom Abbott

As a real estate broker, I am constantly watching the market. Looking for trends on a more short term basis and seeing what is going on in the market. We then can go back and look at previous years, or months, and try to make sense of it all.

But this Midtown Atlanta Market Report for Plaza Midtown Atlanta is a wild one. With only 10 homes having activity (the lowest I have ever seen for this building) we have to look at each listing to see the numbers:

Average List Price – $209,900 (1 Two Bedroom at $219,900 and a 1 bedroom at $199,900 — overpriced indeed)
One Contingency Pending – A 2 bedroom at $359,900 (Not sure HOW that will appraise out?)
Under Contract – $203,333 with prices ranging from $160,000 to $200,000
Under Contract Pending Lender Approval – $188450 which is a 1 Bedroom at $117,000 and a 2 Bdrm at $259,900
SOLD – Average Price $158,500 with a 1 bedroom at $124,000 and a 2 bedroom at $193,000

Compared to 2007-08 when the building delivered and 2 bedrooms were $330,000- 425,000 the prices have taken a serious beating at Plaza Midtown. Appraisals of past sales (of which most are lower prices) will drive prices, but at the same point, with such limited availability, what will happen? It would probably take a 6 month period of NO SALES in the building so that the values would then be able to start to climb? This is going to be an interesting one to watch.

For More Information on how we can best serve your Midtown Atlanta Real Estate needs, please fill out the online contact form or call us at 770.713.1505.

For a Quick Look at Midtown Atlanta Condominiums:

Midtown Atlanta High Rise Condominiums

Midtown Atlanta Mid Rise Condominiums

Perhaps you are interested in Historic Midtown? Take a look at Homes For Sale In Historic Midtown Atlanta

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