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Atlanta Condos For Sale

Why Is My Home Not Being Shown Multiple Times Per Week?

November 23, 2022 by Thom Abbott

Why Is My Home Not Being Shown Multiple Times Per Week?

As I have daily conversations with my Seller’s, as well as speak with other real estate professionals, and it is a continuing education class for Seller’s in the current market. Long gone are the multiple offers, offers over list price and no contingencies. In fact, gone are multiple showings in a day!

When Seller’s ask me, “Why is my home not being shown multiple times per week?” I have to remind and educate them that the real estate market in Atlanta (and pretty much every city from people I talk to) has made a dramatic shift. It’s not that Buyer’s don’t want to buy a home…it’s that many Buyers have been priced out of the market completely by the sharp rise in interest rates. 

This dramatic rise in interest rates can do a number of things to a buyer: 1) They can no longer afford the mortgage payment on the price point they were looking; 2) They are having to look at less expensive homes to meet their mortgage budget (hence not looking at yours?) or; 3) have left the market completely.  Other buyers, while they may still be able to afford the payment at a higher interest rate, have chosen to move to the sidelines while they see what happens to the economy.

The increase in interest rates is directly related to the number of times your home is being shown. And unless you have priced it below market value….yes…I said BELOW market value, it may be on the market for sometime before it sells. While we certainly have not shifted 100% from a crazy Seller’s market where we were last year or even at the beginning of this year, Buyers are looking for homes that the Seller is showing their willingness to price it such that it is a great value to the buyer.

As a listing agent, I can work to market your home in numerous ways. If your home is vacant, we can increase the amount of virtual staging we do in each room to help show the home in a better way. We reach out to agents in our marketplace that we know list and sell homes in the area to confirm they have seen your listing, and if they have any buyers that might be interested. But even with these efforts, when you have a reduced buyer pool to draw from, it’s going to take more than 3 days to sell your home. It is now quite common to see homes on the market for 60-90 days and even longer. 

Some Seller’s are showing their frustration by taking their home off the market. I had one Seller say, ” I’ll put it back on after the holidays when the market has improved.” Well, I don’t have THAT crystal ball, but if there are buyers out during the holidays, they most likely are strong buyers that ARE qualified, and you could miss that opportunity. 

I can talk to you and tell you about the market, but numbers don’t lie….as this statement about the volume of mortgages clearly says:

 

 

Filed Under: Atlanta Real Estate For Sale Or Rent, Blog, Interesting Stories, Random Topics, Real Estate Tips, Sellers Tagged With: atlanta relocation, Buyers, Intown Atlanta Real Estate, Midtown Atlanta Market Reports, News, Seller Tips, Sellers, So You Know

Midtown Atlanta 2018 Year End Real Estate Market Report

March 23, 2019 by Thom Abbott

Midtown Atlanta Real Estate Year End 2018 Market ReportMidtown Atlanta is most often referred to as the most walkable neighborhood in all of the Metro Atlanta area. And that certainly is true. Step out the door of your home or condominium, and lots and lots of restaurants, some shopping, two MARTA transit stations, theater and art museums are all within walking distance. Not to mention the numerous festivals that happen each year in Midtown Atlanta’s “backyard” ….  Piedmont Park. 

A majority of the living options in Midtown Atlanta consist of condominiums and apartments. The area known as Historic Midtown is the only area with single family homes. 

For the purpose of this report, we tried to outline what is considered Midtown in the MLS, as indicate in the photo on the right. 

Midtown Atlanta 2018 Year End Real Estate Market Report

Disclaimer: As we do this “15,000 ft overview” of the Midtown Atlanta market, we attempted to keep the search as indicate in the map above. So places like Ansley Park or Atlantic Station are NOT represented in this report. 

Single Family Homes

Single family homes in Midtown Atlanta, are found in what is referred to as Historic Midtown, and area primarily defined by 10th Street, Monroe Drive, North Avenue and Piedmont Avenue. 

There were 25 homes that sold in 2018, ranging in price from $500,000 to $1,680,000.  CLICK HERE to see the report.

Condominiums/Townhomes

2018 Midtown Atlanta Real Estate Market ReportMidtown Atlanta is best known for condominium living. And the choices range for converted homes with only 4 units to major high-rise buildings with 400 homes! And as you can see in this 2018 Year End Report, there is a range of prices! There were a total of 667 sales in the area for 2018!

86 condominiums sold between $500,000 and above.  This accounted for about 13 percent of the market

78 homes sold between $400,000 and $500,000 or about 12 percent of the market. 

160 homes sold between $300,000 and $400,000, about 24 percent of the market.

343 homes, or 51% of the Midtown Atlanta condo market sold for less than $300,000. 

82 condos sold for less than $200,000 or about 12 percent of the total sales.

CLICK HERE to see the Complete 2018 Market Report — $500,000 Plus

CLICK HERE to see the Complete 2018 Market Report — $400,000 — $500,000

$300,000 — $400,000  CLICK HERE

$300,000 or less  CLICK HERE

What’s The Real Estate Market Like In Midtown Atlanta?

Midtown Atlanta’s real estate market is still moving strong in 2019. However, we are starting to see some homes remain on the market longer and not the past frenzy of offers (and sometimes multiple offers) within a day of going on the market. 2019 will also see the values moderate. This is a GOOD THING, AND NOT A SIGN OF ANY TROUBLE! A real estate market cannot continue at 6% or more appreciation each year. If that were to happen, Midtown Atlanta, or ANY area of Atlanta could quickly become unaffordable to many people. So we look forward to continued price and value appreciation, but just not as dramatic as we have seen in the past few years. 

If you are looking to Buy or Sell a home in Midtown Atlanta, MyMidtownMojo.com can help! 

Selling? Do you want to sell your Midtown Atlanta single family home or condominium? Call us today at 770.713.1505 to schedule a free market analysis of your home. Or, complete our Seller Information Form and we will be in touch with you! 

Buying? Are you looking to buy a Midtown Atlanta home, condo or townhome? We can set up specific searches for you based on price, community or other specifics you may be looking for. In a competitive Seller’s Market, we can alert you of new listings within minutes of them hitting the market! Just complete out Buyer Information Form, or let’s schedule a time to talk about what you are looking for!

Contact MyMidtownMojo and Thomas Ramon Realty@Palmer House Properties at 770.713.1505 or Info@MyMidtownMojo.com for all your Midtown Atlanta real estate needs!

Filed Under: Atlanta Real Estate For Sale Or Rent, Atlanta Relocation, Blog, Buyers, Condominiums of Midtown, Market Reports, Midtown Atlanta, Sellers Tagged With: Buyers, Midtown Atlanta Buyers Guide, Midtown Atlanta Market Reports, midtown atlanta real estate, Sellers

Atlanta Real Estate Market Brief — February 2019

March 19, 2019 by Thom Abbott

The Atlanta REALTORS® Association has released their Atlanta Real Estate Market Brief — February 2019. 

This market brief examines sales and prices in an 11-county area consisting of Cherokee, Clayton, Cobb, DeKalb, Douglas, Forsyth, Fulton, Gwinnett, Fayette, Henry and Paulding Counties. ( So take note…this is a really, really BROAD look at the real estate market in Metro Atlanta!)

Atlanta Real Estate Market Report

Overall residential sales were at 3,464 which is a decrease of 7.4% from the previous year. When you look at price (both average and median) you see they continue to gain traction and are ahead of 2018 numbers. The median sales price in February was $264,000, an increase of 5.6% from February, 2018. The average Sales Price was up by 5.3% to $319,000.

Atlanta Real Estate Market Report February 2019

 

What’s The Atlanta Inventory Like?

Inventory increased by 15.7% from February, 2018 with 12,806 active listings. (Remember those MetroBrokers digital signs back in the day that had 80,000, 90,000 and even 100,000 homes For Sale? Shreeeeek!) New listings were up by 15.4% from February, 2018. The month’s supply over a 12-month period decreased to 2.6 months. 

Is This A Normal Real Estate Market?

A normal real estate market has 6 months of inventory. Less than 6 months (as indicated above) is a Seller’s market, and more than 6 months is a Buyer’s market. More inventory means buyers can probably get the Seller to negotiate more on price or other concessions. In a Seller’s market, we find homes selling for list price, and even above list price. 

My word of caution in a report as broad as this…..real estate is all about location, location, location. These average sales numbers are just that… an average and what you may see in your neighborhood, city or specific condominium building may vastly differ from these numbers. This is why it’s always best to get a real estate professional to give you a market picture for your home and neighborhood/building. 

If you have questions about the value of your home, give us a call, or just fill out the form below and we will be in touch with you! 

Sending

Filed Under: Atlanta Real Estate For Sale Or Rent, Blog, Brookhaven, Buckhead, Buyers, Chamblee, Condominiums of Buckhead, Condominiums of Midtown, Condominiums of Perimeter, Doraville, Market Reports, Real Estate Tips, Sellers Tagged With: Midtown Atlanta Market Reports, midtown atlanta real estate, News, Sellers

Midtown Atlanta Market Report October 2018

November 16, 2018 by Thom Abbott

The Midtown Atlanta real estate market is still moving, and we wanted to “take it’s pulse!” So let’s look at the Midtown Atlanta Market Report October 2018.

Condos For Sale Viewpoint Midtown AtlantaFirst, a look at the condominium market…and a disclaimer. Midtown Atlanta is covered in two Zip Codes, 30308 and 30309. Some parts of these zip codes are not actually Midtown, but this is how we pulled these market numbers. 

For October, there were 238 active listings, ranging from a Midtown Park 1-bedroom at $142,000 to a 3-bedroom at One Museum Place for $4.2M. In the chart below, you can see the average days on market to be 44, but the Museum Place listing seems to have been on the market for 474 days! 

45 listings were Under Contract, and ranged from $128,000 at Renaissance Park to $2,350,000 at Residences of Park Lane in Ansley Park. 

93 homes sold (or closed) in October in Midtown Atlanta. They ranged in price from $125,000 at Peachtree Battle (and example of the 30309 zip code that reaches into Brookwood outside of Midtown) to a 2-bedroom at One Museum Place at $1.764M.

Midtown Atlanta October 2018 Market Report

 

In the Single-family market in Midtown, there were 60 homes listed For Sale. (An adjustment to the chart below is $464,900 for 877 Monroe Drive to $2.9M in Ansley Park for a new construction home. 

There were four homes Under Contract ranging in price from $850,000 in Ardmore Park to $1.399M in Sherwood Forest. 

Ten homes sold in October, ranging from $568,000 in Ardmore Park to $1.8M in Ansley Park. 

Midtown Atlanta Single Family Market Report

 

Keep in mind, this Market Report is a “snapshot moment in time” of what is happening in the market, and is a view at, say 30,000 feet. What may be happening with sales and prices in your condominium building could be much different that what is selling across the street. And the same is true for single family homes as well. 

If you are looking to Buy or Sell a home in Midtown Atlanta, MyMidtownMojo.com can help!

Selling? Do you want to sell your Midtown Atlanta single family home or condominium? Call us today at 770.713.1505 to schedule a free market analysis of your home. Or, complete our Seller Information Form and we will be in touch with you! 

Buying? Are you looking to buy a Midtown Atlanta home or condo? We can set up specific searches for you based on price, building or other specifics you may be looking for. In a competitive Seller’s Market, we can alert you of new listings within minutes of them hitting the market! Just complete out Buyer Information Form, or let’s schedule a time to talk about what you are looking for!

Contact MyMidtownMojo and Thomas Ramon Realty@Palmer House Properties at 770.713.1505 or Info@MyMidtownMojo.com for all your Midtown Atlanta real estate needs!

 

 

Filed Under: Atlanta Real Estate For Sale Or Rent, Blog, Buyers, Condominiums of Midtown, Market Reports, Sellers Tagged With: Buyers, Intown Atlanta Real Estate, Midtown Atlanta Condominiums, Midtown Atlanta Market Reports, Sellers

Midtown Atlanta Real Estate Market Report October 2017

November 19, 2017 by Thom Abbott

Midtown Atlanta Real Estate Market Report October 2017In our Midtown Atlanta Real Estate Market Report October 2017, we want to make a disclaimer as to how we did the numbers this month. 

Midtown Atlanta is located within Area 23, a designated listing area by the First Multiple Listing Service. (FMLS) When we pulled the numbers for this report we used Area 23, and did not try to define it by just Midtown Atlanta. There is no classification with in the MLS for just Midtown Atlanta. So, this market report covers a broad area, as show in the map on the right. 

If you have specific questions about your neighborhood, or condominium building, we’d be happy to do a market report specifically for you. Just CONTACT US!

Midtown Atlanta Real Estate Market Report October 2017

Single Family Homes

Properties Active on the Market:  170

(High was $3.195M in Ansley Park to Low of $275,000 in Reynoldstown)

Properties Pending/Contingent: 75

(High was $1.249M for a home on Charles Allen to a Low of $315,000 in Reynoldstown)

Properties Sold:   29

(High was $1.74M in Morningside to the Low of $393,000 in Reynoldstown)

 

Condominiums and Townhomes

Properties Active on the Market:   232

(High was $4.336M for Opus Place and the low was $100k at City Heights and $105,000 at 1280 West)

Properties Pending/Contingent:   159

(High was $899,900 for a 7th Street townhome to a Low at $105,000 at 1280 West)

Properties Sold:   102

(High was $746,000 at Square @ Glen Iris to a low of $120,000 at 12th Street Commons)

As we pulled these numbers at the end of October, we completely forgot to do Average Days on the Market..Whoops!

If you’d rather hear this report in a video format, just click on the video below. 

If you have any questions about the Midtown Atlanta Real Estate Market, feel free to EMAIL ME, or you can call me at 770.713.1505

 

Filed Under: Blog, Buyers, Market Reports, Real Estate Tips, Sellers Tagged With: Buyers, Midtown Atlanta Market Reports, midtown atlanta real estate, Sellers

What’s My Mayfair Condo Worth?

October 28, 2016 by Thom Abbott

Mayfair Renaissance Tower Looking UPThe Mayfair Renaissance and Mayfair Tower sit side-by-side on 14th Street in Midtown Atlanta. But when you ask the question, What’s My Mayfair Condo Worth…..you have to consider the buildings in a different light.

But this September, 2016 Market Report for the Mayfair Renaissance/Tower has an interesting angle….There is only ONE For Sale listing in the Renaissance, yet the only two Under Contract are in the Renaissance, yet the three that Sold in September are all in the Tower. Go figure. The big difference between the buildings as far as amenities go is the Tower does not have access to the swimming pool…that belongs to the Renaissance building. 

If you’re looking for condos for sale in (x), or thinking about selling your (x) condo, this post should provide you with some important information regarding current inventory, homes pending sale, and what has sold recently. Please call us for more information or if you have further questions. 

Further investigation shows that all the Mayfair Tower listings are 1 bedroom, no 2 bedrooms listed!

What's My Mayfair Condo Worth

As mentioned before, the two homes Under Contract are in Mayfair Renaissance….

What's My Mayfair Condo Worth

And the three that sold are in the Mayfair Tower. And the limited Days on Market trend in Midtown Atlanta continues here with 6 to 21 days! 

Mayfair Renaissance Tower September 2016 Market Report

You can see the current listings in Mayfair Renaissance/Tower below.

Please note: if a red box appears below in place of any homes For Sale at Mayfair Renaissance/Tower, it simply means there are NO homes listed For Sale!  Also be certain to check the status of each listing as it may already be Under Contract or SOLD! ( Some listings may appear that are not located in THIS community as they are from another community with the same name!)If you are interested in buying a home in Mayfair Renaissance/Tower, please contact us at 770.713.1505. We can set up a New Listing Alert to notify you as soon as a home comes on the market! 

  • List View
  • Map View
  • Grid View
  • 199 14th Street NE #1704, Atlanta, GA
    199 14th Street NE #1704
    Atlanta, GA
    Photo of 199 14th Street NE #1704, Atlanta, GA 30309 (MLS # 7538932) Broker reciprocity icon
    $302,499
    • Lot Size

    • Home Size
      750 sqft

    • Beds
      1 Bed

    • Baths
      1 Bath

    • Year Built
      1992

  • 199 14th Street #2502, Atlanta, GA
    199 14th Street #2502
    Atlanta, GA
    Photo of 199 14th Street #2502, Atlanta, GA 30309 (MLS # 7572287) Broker reciprocity icon
    $485,000
    • Lot Size

    • Home Size
      1,215 sqft

    • Beds
      2 Beds

    • Baths
      2 Baths

    • Year Built
      1992

  • 195 14th Street #1501, Atlanta, GA
    195 14th Street #1501
    Atlanta, GA
    Photo of 195 14th Street #1501, Atlanta, GA 30309 (MLS # 7572309) Broker reciprocity icon
    $429,500
    • Lot Size

    • Home Size
      1,146 sqft

    • Beds
      2 Beds

    • Baths
      2 Baths

    • Year Built
      2002

  • 199 14th Street #409, Atlanta, GA
    199 14th Street #409
    Atlanta, GA
    Photo of 199 14th Street #409, Atlanta, GA 30309 (MLS # 7572423) Broker reciprocity icon
    $259,000
    • Lot Size

    • Home Size
      750 sqft

    • Beds
      1 Bed

    • Baths
      1 Bath

    • Year Built
      1992

  • 195 14th Street #1403, Atlanta, GA
    195 14th Street #1403
    Atlanta, GA
    Photo of 195 14th Street #1403, Atlanta, GA 30309 (MLS # 7561563) Broker reciprocity icon
    $305,000
    • Lot Size

    • Home Size
      740 sqft

    • Beds
      1 Bed

    • Baths
      1 Bath

    • Year Built
      2002

  • 195 14TH Street NE #PH206, Atlanta, GA
    195 14TH Street NE #PH206
    Atlanta, GA
    Photo of 195 14TH Street NE #PH206, Atlanta, GA 30309 (MLS # 7553323) Broker reciprocity icon
    $949,900
    • Lot Size

    • Home Size
      1,738 sqft

    • Beds
      2 Beds

    • Baths
      3 Baths

    • Year Built
      2002

    View Virtual Tour
  • 195 14th Street NE #1507, Atlanta, GA
    195 14th Street NE #1507
    Atlanta, GA
    Photo of 195 14th Street NE #1507, Atlanta, GA 30309 (MLS # 7555805) Broker reciprocity icon
    $459,900
    • Lot Size

    • Home Size
      1,146 sqft

    • Beds
      2 Beds

    • Baths
      2 Baths

    • Year Built
      2002

  • 195 14th Street #1005, Atlanta, GA
    195 14th Street #1005
    Atlanta, GA
    Photo of 195 14th Street #1005, Atlanta, GA 30309 (MLS # 7552141) Broker reciprocity icon
    $439,900
    • Lot Size

    • Home Size
      1,122 sqft

    • Beds
      2 Beds

    • Baths
      2 Baths

    • Year Built
      2002

  • 195 14th Street NE #PH 306, Atlanta, GA
    195 14th Street NE #PH 306
    Atlanta, GA
    Photo of 195 14th Street NE #PH 306, Atlanta, GA 30309 (MLS # 7546275) Broker reciprocity icon
    $700,000
    • Lot Size

    • Home Size
      1,738 sqft

    • Beds
      2 Beds

    • Baths
      3 Baths

    • Year Built
      2002

    View Virtual Tour
  • 195 14th Street NE #2402, Atlanta, GA
    195 14th Street NE #2402
    Atlanta, GA
    Photo of 195 14th Street NE #2402, Atlanta, GA 30309 (MLS # 7548062) Broker reciprocity icon
    $499,000
    • Lot Size

    • Home Size
      1,345 sqft

    • Beds
      2 Beds

    • Baths
      3 Baths

    • Year Built
      2002

See all Mayfair Renaissance and Mayfair Tower.
(all data current as of 5/14/2025)


FMLS Logo Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2025 FMLS.
Data last updated: 5/14/25 11:15 PM PDT.

Walk Score provided by walkscore.com.

 
 

Filed Under: Blog, Buyers, Condominiums of Midtown, Market Reports, Sellers Tagged With: Mayfair Renaissance/Tower Market Reports, Midtown Atlanta Market Reports

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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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