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Atlanta Condos For Sale

Midtown Atlanta Market Report | 1280 West Condominiums | January 2013

February 22, 2013 by Thom Abbott

 

This will be our first Market report for 1280 West Condominiums. We had not had this building on our list, for numerous reasons.

1280 West is a conversion for a former corporate apartment building, and as such, homes do not have washer/dryer connections in them. Some owners have “tossed” the dishwasher for euro-washers to have this convenience in their home. However, there are laundry facilities on each floor.

Midtown Atlanta Market Report | 1280 West Condominiums | January 2013

 

Midtown Atlanta Market Report 1280 West January 2013

As is the story in most of the Midtown Atlanta condominium buildings, there is not much inventory at 1280 West.

  • 1 One Bedroom is listed at $105,000
  • An incredible EMPTY ENTIRE Floor is listed at $965,000. (I’ve got to get some photos of this one!)
  • 12 Homes are Under Contract, ranging from $40,000 – $105,000
  • There were no Sales in January, 2013.

As a comparison, in January, 2012 there were 5 Homes sold, ranging in price from $26,500- $59,000. This building was hit hard by foreclosures and short sales and may take some time to see the prices come back up.

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

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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