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Atlanta Condos For Sale

Midtown Atlanta Market Report | February, 2013

April 2, 2013 by Thom Abbott

 

I produce a good 80% of the content on this site. It’s a-l-o-t of work, let me tell you! But I enjoy it. Market reports, while a vital part of sharing the status of the Midtown Atlanta Market with you, take even more time! Due to the number of communities in Midtown (condominium buildings being a community) I’m going to do an overview of the Midtown market every other month, and then the other month will be a detailed review of the major buildings that I track.

Midtown Atlanta Market Report | February, 2013

 

Midtown Atlanta with Spire Midtown and Viewpoint MidtownActive Listings

Total Listings : 110

Price ranges from $54,900 at Glendale Condominiums to $1,750,000 at Above The Four Seasons

The Average List price is $349,680

Contingent Listings (Due Diligence or other)

Total Listings: 10

Price ranges from $65,000 at the Massellton to $364,000 at Viewpoint

Pending Listings

Total Listings: 40

Price ranges from $59,900 at 1280 West to $1,380,000 at 1010 Midtown

The Average List Price is $250.602

Pending Offer Approval (Lender or other Type of Approval)

Total Listings: 22

Price ranges from $55,000 at Melrose Park to $499,900 for a Penthouse home at Metropolis Midtown

The Average List Price is $143,641.  (NOTE: 18 of the 22 listings are under $200,000.)

Sold

Total Listings: 35

Prices range from $39,900 at Melrose Park to $570,000 at 1010 Midtown

The Original Average List Price was $202,120, but the Average List Price at closing was $196,230. As you can see, Seller’s did not have to discount much off of their List Price to sell their home!

Of the 35 Sales, only 4 were ABOVE $300,000, 9 were between $200-300,000 and 22 were below $200,000

 

Filed Under: Blog, Condominiums of Midtown, Market Reports Tagged With: 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

 
 
 
 
 
 
 
 
 
 

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