• Home
  • Brookhaven
    • Close
      • Brookhaven Parc
      • Dresden Creek
  • Buckhead
    • Close
    • 2500 Peachtree
    • 2901 Lenox
    • Buckhead Grand
    • Buckhead Village Lofts
    • Cosmopolitan at Lindbergh
      • Eclipse Buckhead
    • Gallery Buckhead
      • Realm Buckhead
    • Walden on Lenox
      • The Winston
  • Chamblee
    • Close
    • Frontier Woods
      • Huntley Hills
    • Keswick Village
      • Lofts at 5300
    • Peachtree Malone Lofts
      • Townsend At Chamblee
      • Variations Townhomes
  • Doraville
    • Close
    • Assembly Doraville
    • Doraville In the News
    • Homes For Sale
    • Northwoods
    • Chestnut Place
    • Third Rail Studios
  • GA TECH
    • Close
    • Off Campus Housing
    • MARTA and Midtown Atlanta
  • “ITP”
    • Close
    • Adams Crossing
      • Ansley Parkside Townhomes
    • Atlanta Beltline
      • Emory University Area
    • LaVista Walk Townhomes
      • NEW Buckhead Listings
    • VIRGINIA HIGHLAND
  • Midtown
    • Close
    • About Midtown Atlanta
      • Historic Midtown Atlanta
        • Choose ATL
      • NEW Midtown Listings
      • Midtown Neighbors’ Association (MNA)
    • Midtown Atlanta HIGH RISE Condos
      • Midtown Atlanta MID RISE Condominiums
        • Seventh Midtown
        • Cornerstone Village Midtown Atlanta
        • 805 Peachtree
        • MidCity Lofts
        • The Dakota
        • Peachtree Lofts
        • Cotting Court
        • 905 Juniper
        • Peachtree Walk
        • 33 Ponce
        • Tuscany Midtown
        • Piedmont Crest
    • Midtown West
      • Twelve Atlantic Station
      • The Art Foundry
      • The Atlantic Residences
      • Element Condominiums
      • White Provision Atlanta Condos
      • M West Townhomes
    • 1 Bedroom Condos 30308
      • 1 Bedroom Condos 30309
      • Midtown 2 Bedroom
    • MARTA and Midtown Atlanta
  • CONTACT
    • Close
    • About Us
      • Testimonials
      • Time With Thom
    • Your TEAM at My MidtownMojo
      • Michele – Silverton Mortgage
      • Ryan – Movement Mortgage
      • Vendor Brochure
  • Buyers
    • Close
    • ASK THE BROKER!
    • Buyers Guide
      • Buyer Questionnaire
    • Market Reports
    • RELO TO ATLANTA GA
      • Atlanta GA Relocation Guide
    • Rent Vs. Buy
  • Sellers
    • Close
    • Midtown Market Reports
    • Selling Intown Atlanta Real Estate | Selling Your Home!
    • Short Sales
    • Who Is Palmer House Properties
  • BLOG

Atlanta Condos For Sale

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

Thom Abbott

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

 
 
 
 
 
 
 
 
 
 

PalmerHouse Properties

Copyright © 2023 · AgentPress Pro Theme on Genesis Framework · WordPress · Log in