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Atlanta Condos For Sale

Midtown Atlanta Market Report | Plaza Midtown Atlanta May 2012

July 7, 2012 by Thom Abbott

I’m still amazed at the inventory, or lack thereof, in most of the Midtown Atlanta condominium buildings. As we take a look at the Midtown Atlanta Market Report for Plaza Midtown Atlanta May, 2012, this building is no exception! I can remember when there were 30 PLUS homes For Sale in Plaza Midtown Atlanta, and now….a mere FIVE. Yes, 1,2,3,4,5 condos For Sale!

 Midtown Atlanta Market Report Plaza Midtown Atlanta May 2012

Of the listings For Sale, a 1 bedroom is listed at $179,900, and 2 two bedroom homes at $299,000 and $379,000. Two homes are Short Sales, pending lender approval with an average of $139,000.

When we look at the homes that are Under Contract, a 1 bedroom is at $155,000 and the 2 bedrooms  are averaging $306,000. Compare that to the sales in May, 2012 of a 2 bedroom at $228,000 and it will be interesting to see what these homes actually sell for.

By comparision, in 2011 a 1 bedroom Average Sold Price was $128,500 and the 2 bedroom Average Sold Price was $258,000.

Plaza Midtown Atlanta saw a big number of foreclosures and short sales as this building delivered just as the market took a nose-dive. Those that bought as investments hoping to flip the homes ended up losing them to foreclosure, or have had to go through the short sale process. Time will tell if we see additional foreclosures. Many owners looking to sell, would most likely have to go through the short sale process based on the current values and what they originally paid for their homes.

But, with a Publix Market an elevator ride away, close proximity to GATech campus, and the Midtown MARTA trains station just across West Peachtree Street, Plaza Midtown Atlanta is still one awesome Midtown Atlanta Condominium building.

  • List View
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  • 950 W Peachtree Street NW #812, Atlanta, GA
    950 W Peachtree Street NW #812
    Atlanta, GA
    Photo of 950 W Peachtree Street NW #812, Atlanta, GA 30309 (MLS # 7513724) Broker reciprocity icon
    $514,900
    • Lot Size

    • Home Size
      1,260 sqft

    • Beds
      2 Beds

    • Baths
      2 Baths

  • 44 Peachtree Place NW #834, Atlanta, GA
    44 Peachtree Place NW #834
    Atlanta, GA
    Photo of 44 Peachtree Place NW #834, Atlanta, GA 30309 (MLS # 7476831) Broker reciprocity icon
    $479,000
    • Lot Size

    • Home Size
      1,196 sqft

    • Beds
      2 Beds

    • Baths
      2 Baths

  • 44 Peachtree Place NE #424, Atlanta, GA
    44 Peachtree Place NE #424
    Atlanta, GA
    Photo of 44 Peachtree Place NE #424, Atlanta, GA 30309 (MLS # 7461826) Broker reciprocity icon
    $478,000
    • Lot Size

    • Home Size
      1,091 sqft

    • Beds
      2 Beds

    • Baths
      2 Baths

  • 950 W Peachtree Street NW #1214, Atlanta, GA
    950 W Peachtree Street NW #1214
    Atlanta, GA
    Photo of 950 W Peachtree Street NW #1214, Atlanta, GA 30309 (MLS # 7572766) Broker reciprocity icon
    $464,900
    • Lot Size

    • Home Size
      1,196 sqft

    • Beds
      2 Beds

    • Baths
      2 Baths

  • 950 W Peachtree Street NW #904, Atlanta, GA
    950 W Peachtree Street NW #904
    Atlanta, GA
    Photo of 950 W Peachtree Street NW #904, Atlanta, GA 30309 (MLS # 7571099) Broker reciprocity icon
    $449,900
    • Lot Size

    • Home Size
      1,091 sqft

    • Beds
      2 Beds

    • Baths
      2 Baths

  • 44 Peachtree Place NE #1225, Atlanta, GA
    44 Peachtree Place NE #1225
    Atlanta, GA
    Photo of 44 Peachtree Place NE #1225, Atlanta, GA 30309 (MLS # 7528506) Broker reciprocity icon
    $346,900
    • Lot Size

    • Home Size
      866 sqft

    • Beds
      1 Bed

    • Baths
      1 Bath

  • 44 Peachtree Place NE #1622, Atlanta, GA
    44 Peachtree Place NE #1622
    Atlanta, GA
    Photo of 44 Peachtree Place NE #1622, Atlanta, GA 30309 (MLS # 7516057) Broker reciprocity icon
    $325,000
    • Lot Size

    • Home Size
      812 sqft

    • Beds
      1 Bed

    • Baths
      1 Bath

  • 44 Peachtree Place NW #1828, Atlanta, GA
    44 Peachtree Place NW #1828
    Atlanta, GA
    Photo of 44 Peachtree Place NW #1828, Atlanta, GA 30309 (MLS # 7517406) Broker reciprocity icon
    $324,000
    • Lot Size

    • Home Size
      768 sqft

    • Beds
      1 Bed

    • Baths
      1 Bath

  • 44 Peachtree Place NE #1929, Atlanta, GA
    44 Peachtree Place NE #1929
    Atlanta, GA
    Photo of 44 Peachtree Place NE #1929, Atlanta, GA 30309 (MLS # 7570248) Broker reciprocity icon
    $319,900
    • Lot Size

    • Home Size
      774 sqft

    • Beds
      1 Bed

    • Baths
      1 Bath

  • 44 Peachtree Place NW #629, Atlanta, GA
    44 Peachtree Place NW #629
    Atlanta, GA
    Photo of 44 Peachtree Place NW #629, Atlanta, GA 30309 (MLS # 7550771) Broker reciprocity icon
    $319,900
    • Lot Size

    • Home Size
      774 sqft

    • Beds
      1 Bed

    • Baths
      1 Bath

  • 44 PEACHTREE Place NW #1328, Atlanta, GA
    44 PEACHTREE Place NW #1328
    Atlanta, GA
    Photo of 44 PEACHTREE Place NW #1328, Atlanta, GA 30309 (MLS # 7541881) Broker reciprocity icon
    $319,900
    • Lot Size

    • Home Size
      768 sqft

    • Beds
      1 Bed

    • Baths
      1 Bath

  • 44 Peachtree Place NW #528, Atlanta, GA
    44 Peachtree Place NW #528
    Atlanta, GA
    Photo of 44 Peachtree Place NW #528, Atlanta, GA 30309 (MLS # 7561556) Broker reciprocity icon
    $300,000
    • Lot Size

    • Home Size
      768 sqft

    • Beds
      1 Bed

    • Baths
      1 Bath

See all Real estate matching your search.
(all data current as of 5/13/2025)


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Data last updated: 5/13/25 9:08 PM PDT.

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  Thom Abbott Midtown AtlantaFor 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

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