Midtown Atlanta Market Reports Archives

Midtown Atlanta Market Report | Luxe Midtown Atlanta | March 2013

April 21, 2013 by Thom Abbott

Listing inventory is up 100% in Luxe Midtown for March, 2013. Considering that in January, there were no homes on the market, and now we have THREE!

This boutique condo community is located about 1/2 block from Piedmont Park!

Midtown Atlanta Market Report | Luxe Midtown | March 2013

Let’s look at the March Sales Activity for Luxe Midtown Atlanta….

ACTIVE LISTINGS (3) (UP 3 From January’s Report)

Three 2 Bedroom homes are listed from $400,000 – $660,000 — Average List Price: $566,000

PENDING LISTINGS (UNDER CONTRACT) (0)

SOLD (2)

Two 2 Bedrooms at $495,000 and $612,000 — Average Sold Price: $553,000

2012 SALES ACTIVITY COMPARISON

There were no sales in March, 2012

Search Luxe Midtown Atlanta Homes For Sale HERE

Midtown Atlanta Market Report | Viewpoint Midtown | March 2013

April 21, 2013 by Thom Abbott

Midtown Atlanta Market Report | Viewpoint Midtown | March 2013

Let’s look at the Sales Activity in March for Viewpoint Midtown Atlanta:

ACTIVE LISTINGS (6) (Down 3 from January’s Report)

Six 2 Bedroom Homes Listed ranging from $350,000 – $419,000 — Average List Price: $373,450

PENDING LISTINGS (UNDER CONTRACT) (4)

Two 1 Bedroom Homes at $225,000 and $229,000 — Average List Price: $227,450
Two 2 Bedroom Homes at $275,000

SOLD (4)

Two 1 Bedrooms at $178,000 and $205,000 — Average Sold Price: $191,450
Two 2 Bedrooms at $348,000 and $362,000 — Average Sold Price: $355,000

2012 SALES ACTIVITY COMPARISON

One 1 Bedroom at $210,000
Four 2 Bedrooms ranging from $250,000 – $340,000 — Average Sold Price: $290,000

The Average 2 Bedroom Sold Price jumped from $302,000 in January to $355,000 in March.

Search Homes For Sale in Viewpoint Midtown Atlanta HERE!

Midtown Atlanta Market Report | Spire Midtown Atlanta | March, 2013

April 21, 2013 by Thom Abbott

Spire Midtown Atlanta is one of the Novare “sisters” of condo buildings in Midtown Atlanta. The developer first started with Metropolis, then Spire and finally Viewpoint.

Spire Midtown Atlanta continues to be a popular choice for condo buyers in Midtown.

Midtown Atlanta Market Report | Spire Midtown Atlanta | March, 2013

Let’s Look at the Sales activity in Spire…

ACTIVE LISTINGS (12) (Up From 6 in January’s Report)

Four 1 Bedrooms ranging from $149,000 – $199,000 — Average: $169,925
Eight 2 Bedroom listings ranging from $309,900 – $675,000. — Average: $419,538 ($347,000 with out combined units)

PENDING LISTINGS (UNDER CONTRACT) (4)

Two 1 Bedrooms at $135,000 (One is a Short Sale at $127,000)
Two 2 Bedrooms at $399,500 (Take out the combined unit and the average is $299,000)

SOLD (4)

Two 1 Bedrooms at $179,700
Two 2 Bedrooms at $304,500

You might recall from the January 2013 Market Report where I said it would not be long and you will not get a 2 bedroom in Spire for under $300,000? Looks like that just happened!

Another clear indication that prices are rising!

Search Spire Midtown Homes For Sale Here!

Midtown Atlanta Market Report | White Provision | March 2013

April 16, 2013 by Thom Abbott

Midtown Atlanta Market Report | White Provision | March 2013

Let’s take a look at what is happening in Midtown West at White Provision…

ACTIVE LISTINGS (8) (DOWN 4 From January’s Report)

Two 1 Bedroom homes at $209,000 and $251,000 — Average List Price: $230,000
Four 2 Bedroom homes ranging from $303,000 to $817,000 — Average List Price: $511,000
Two 3 Bedroom homes at $395,000 and $807,000

PENDING LISTINGS (UNDER CONTRACT) (3)

One 1 Bedroom at $209,000
Two 2 Bedrooms at $275,000 and $376,000 — Average List Price: $325,000

SOLD (3)

Two 1 Bedroom homes at $210,000 and $216,000 — Average SOLD Price: $213,000
One 2 Bedroom home at $314,000

2012 SALES ACTIVITY COMPARISON

No homes sold in March, 2012

White Provision is a bit interesting in how the developer has been trying to “manage” the prices. The mere fact that you can get a three bedroom home for $395,000, and then the other 3 bedroom ( a “penthouse”) home is priced at $807,000 is strange.

BUT, this area is seeing new shopping, construction in the form of TWO apartment buildings with in a stone’s throw of White Provision, and it’s easy access to all the shopping and entertainment of Atlantic Station, make this a great Midtown condominium option.

Search Homes For Sale in White Provision Midtown West

Midtown Atlanta Market Report | The Dakota Condominiums | March 2013

April 15, 2013 by Thom Abbott

Midtown Atlanta Market Report | The Dakota | March 2013

After a period of no For Sale inventory, we finally see some options at The Dakota. Let’s take a look…

ACTIVE LISTINGS (4) (Same as January’s report)

One 1 Bedroom at $248,000
Three 2 Bedrooms ranging from $314,000 to $489,000

PENDING LISTINGS (UNDER CONTRACT) (1)

One 3 Bedroom Listed at $399,900

SOLD No Sales in March!

2012 SALES ACTIVITY COMPARISON

One 2 Bedroom at $270,000

The sales activity and pricing at The Dakota has been a challenge to understand, even for us real estate professionals. The current high priced listing ($489,000) is a town home style floor plan that’s had some extensive upgrades to it. But then the home Under Contract is at $399,900! We’ll have to watch this one on our next report and see what’s happened!