Midtown Atlanta Market Reports Archives

Midtown Atlanta Market Report | Viewpoint Midtown March 2012

April 8, 2012 by Thom Abbott

The “mercedes” of Novare’s Midtown Atlanta Condo buildings, Viewpoint Midtown Atlanta has finally SOLD OUT! Great news for the Midtown Atlanta real estate market, and for those who may be looking to sell their Viewpoint Midtown condo. No more developer to compete with!

But, this building is no exception in the Midtown Atlanta real estate market with low inventory and options for Buyers.

The List Prices in Viewpoint Midtown range from $155,000 for the smallest 1 bedroom (a foreclosure) to $350,ooo for a 2 bedroom. The homes that are Under Contract (Pending) range from $197,000 – $350,000. Home prices are stable in this building, but as I just mentioned, there is a foreclosure that can quickly start to impact appraisals in the building. Let’s hope we keep those to a minimum! Of the homes sold, the average Sales Price for 2 bedrooms was $290,750 and the one 1-bedroom that sold was at $205,000

Viewpoint Midtown Atlanta has struggled with it’s retail space however! Evos Restaurant opened, closed, opened….and now closed. A kitchen design store has since closed as well. (I’ve never understood the need for all these kitchen design stores in Midtown Atlanta where all the condo buildings are much newer, and most of the owners are not in the position to gut and redo kitchens?) A Sprint Store now occupies one corner and a hair salon is located on the second level. One would wonder if the cost of the space keeps everyone away?

Viewpoint Midtown Atlanta is a great example of condo amenity design done right. From the expansive club room, fitness center, outdoor living room, zen garden, multiple grilling/dining areas and the resort lap pool, this is a great place to call home in Midtown Atlanta!

Midtown Atlanta Market Report | Plaza Midtown March 2012

April 7, 2012 by Thom Abbott

As this series of Midtown Atlanta Market Reports come out for March, I’m still amazed at the level of inventory, or lack thereof in ALL of the Midtown Atlanta condo buildings. So, let’s look at Plaza Midtown, March 2012

Only 4 Active Listings certainly does not give a Buyer many options in the Midtown Atlanta Condo Market! The List Prices range from a low of $156,000 to a high of $389,900. (That one may be a challenge given recent sales and the prices in the building.)

The Pending Lender Approval listing prices range from $129,000 to $219,900 for a 2 bedroom. (See why that $389,000 may be tough sell?)

The one listing sold was $145,000 for a 1 bedroom home.

Plaza Midtown Atlanta is a popular living option in Midtown. A unique feature to Plaza Midtown Atlanta is the accessibility to a Publix Urban Market without ever leaving the building. Yep….grocery shop and never leave your condo building…..Totally Cool! The street level retail is almost complete as well with restaurants such as Marlow’s Tavern, Steel Restaurant, Dressed Salads and other shops.

Plaza Midtown Atlanta is convenient to Technology Square and the Geoorgia Tech Hotel and Conference Center and the PNC Building. If you need to get further onto the GATech campus from the community, the Tech Trolley stops just across the street at the Midtown MARTA station on Peachtree Place.

Convenience, style, views and location all equal Plaza Midtown Atlanta at Spring, 8th, West Peachtree and Peachtree Place!

Midtown Atlanta Market Report | Plaza Midtown Atlanta January 2012

February 9, 2012 by Thom Abbott

As a real estate broker, I am constantly watching the market. Looking for trends on a more short term basis and seeing what is going on in the market. We then can go back and look at previous years, or months, and try to make sense of it all.

But this Midtown Atlanta Market Report for Plaza Midtown Atlanta is a wild one. With only 10 homes having activity (the lowest I have ever seen for this building) we have to look at each listing to see the numbers:

Average List Price – $209,900 (1 Two Bedroom at $219,900 and a 1 bedroom at $199,900 — overpriced indeed)
One Contingency Pending – A 2 bedroom at $359,900 (Not sure HOW that will appraise out?)
Under Contract – $203,333 with prices ranging from $160,000 to $200,000
Under Contract Pending Lender Approval – $188450 which is a 1 Bedroom at $117,000 and a 2 Bdrm at $259,900
SOLD – Average Price $158,500 with a 1 bedroom at $124,000 and a 2 bedroom at $193,000

Compared to 2007-08 when the building delivered and 2 bedrooms were $330,000- 425,000 the prices have taken a serious beating at Plaza Midtown. Appraisals of past sales (of which most are lower prices) will drive prices, but at the same point, with such limited availability, what will happen? It would probably take a 6 month period of NO SALES in the building so that the values would then be able to start to climb? This is going to be an interesting one to watch.

For 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:

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Perhaps you are interested in Historic Midtown? Take a look at Homes For Sale In Historic Midtown Atlanta

Midtown Atlanta Market Report | Mayfair Renaissance/Tower, January 2012

February 7, 2012 by Thom Abbott

The Mayfair Renaissance and Mayfair Tower have an iconic place on the Midtown Atlanta Skyline. There signature rooftop cupolas are often seen in skyline pictures of Midtown. The buildings, although almost identical on the exterior, were built almost 10 years apart. Each has its own home owners association and amenities.

For the purpose of this Midtown Atlanta Market Report, January 2012, I have combined the numbers for the two buildings. There are currently 12 two bedroom homes For Sale and only 1 one bedroom home, at $129,900. The average list price for the 2 bedrooms is $258,000. This number however includes a Penthouse home, listed for $599,900. If we remove that home from the average, it becomes $234,244. There was only two sales in January, with an Average Sales Price of $91,250.

Here is a look at the numbers for Mayfair Renaissance/Tower for January, 2012.

List View
Map View
Grid View

195 14TH Street NE #PH206, Atlanta, GA

195 14TH Street NE #PH206
Atlanta, GA

$949,900
- Lot Size
- Home Size
  
  1,738 sqft
- Beds
  
  2 Beds
- Baths
  
  3 Baths
195 14th Street NE #PH 306, Atlanta, GA

195 14th Street NE #PH 306
Atlanta, GA

$700,000
- Lot Size
- Home Size
  
  1,738 sqft
- Beds
  
  2 Beds
- Baths
  
  3 Baths
195 14th Street NE #TS8, Atlanta, GA

195 14th Street NE #TS8
Atlanta, GA

$659,000
- Lot Size
- Home Size
  
  1,299 sqft
- Beds
  
  2 Beds
- Baths
  
  3 Baths
195 14th Street NE #2402, Atlanta, GA

195 14th Street NE #2402
Atlanta, GA

$499,000
- Lot Size
- Home Size
  
  1,345 sqft
- Beds
  
  2 Beds
- Baths
  
  3 Baths
195 14th Street NE #2103, Atlanta, GA

195 14th Street NE #2103
Atlanta, GA

$495,000
- Lot Size
- Home Size
  
  1,146 sqft
- Beds
  
  2 Beds
- Baths
  
  2 Baths
195 14th Street NE #1507, Atlanta, GA

195 14th Street NE #1507
Atlanta, GA

$459,900
- Lot Size
- Home Size
  
  1,146 sqft
- Beds
  
  2 Beds
- Baths
  
  2 Baths
195 14th Street #1005, Atlanta, GA

195 14th Street #1005
Atlanta, GA

$439,900
- Lot Size
- Home Size
  
  1,122 sqft
- Beds
  
  2 Beds
- Baths
  
  2 Baths
195 14th Street #1501, Atlanta, GA

195 14th Street #1501
Atlanta, GA

$429,500
- Lot Size
- Home Size
  
  1,146 sqft
- Beds
  
  2 Beds
- Baths
  
  2 Baths
195 14th Street NE #902, Atlanta, GA

195 14th Street NE #902
Atlanta, GA

$395,000
- Lot Size
- Home Size
  
  1,055 sqft
- Beds
  
  1 Bed
- Baths
  
  2 Baths
195 14th Street #1403, Atlanta, GA

195 14th Street #1403
Atlanta, GA

$305,000
- Lot Size
- Home Size
  
  740 sqft
- Beds
  
  1 Bed
- Baths
  
  1 Bath

See all Real estate matching your search.
(all data current as of 5/16/2025)

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Data last updated: 5/16/25 2:16 AM PDT.

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For 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.

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

Midtown Atlanta Market Report | Viewpoint Midtown Atlanta, January 2012

February 6, 2012 by Thom Abbott

Viewpoint Midtown Atlanta, probably one of the most successful and popular Midtown Atlanta condominium buildings has SOLD OUT! So now all future sales will be resales.

Built by Novare, Viewpoint Midtown Atlanta is a cousin to Spire Midtown and Metropolis Midtown, as well as Realm Buckhead and Eclipse Buckhead and Twelve Atlantic Station. But, you’d probably have to call her the First Cousin, even though she came last. From her lobby to the amazing 11th/12 Floor amenties, this is one great condo community.

For January, 2012, there are currently 9 Active Listings. 5 two-bedroom homes have an Average List Price of $308,580 and 4 one bedroom homes have an average list price of $175,175. There are 3 homes Under Contract. 2 of these are non-distressed sales with an average price of $267,400 and one home Pending Lender Approval (short sale) is at $205,000. There were no closings in January for the building. Here’s a picture of this activity:

9 active listings in Viewpoint Midtown Atlanta, which has over 375 homes is an indication of the reduced inventory for a Midtown Atlanta condo buyer to choose from. Here are the current listings in Viewpoint Midtown Atlanta:

List View
Map View
Grid View

855 Peachtree Street NE #2403, Atlanta, GA

855 Peachtree Street NE #2403
Atlanta, GA

$600,000
- Lot Size
- Home Size
  
  148 sqft
- Beds
  
  2 Beds
- Baths
  
  2 Baths
855 Peachtree Street NE #2203, Atlanta, GA

855 Peachtree Street NE #2203
Atlanta, GA

$555,000
- Lot Size
- Home Size
  
  1,148 sqft
- Beds
  
  2 Beds
- Baths
  
  2 Baths
855 Peachtree Street NE #1703, Atlanta, GA

855 Peachtree Street NE #1703
Atlanta, GA

$549,900
- Lot Size
- Home Size
  
  1,148 sqft
- Beds
  
  2 Beds
- Baths
  
  2 Baths
855 Peachtree Street NE #2713, Atlanta, GA

855 Peachtree Street NE #2713
Atlanta, GA

$530,000
- Lot Size
- Home Size
  
  1,158 sqft
- Beds
  
  2 Beds
- Baths
  
  2 Baths
855 Peachtree Street NE #2309, Atlanta, GA

855 Peachtree Street NE #2309
Atlanta, GA

$500,000
- Lot Size
- Home Size
  
  1,320 sqft
- Beds
  
  2 Beds
- Baths
  
  2 Baths
855 Peachtree Street NE #2914, Atlanta, GA

855 Peachtree Street NE #2914
Atlanta, GA

$499,000
- Lot Size
- Home Size
  
  1,000 sqft
- Beds
  
  2 Beds
- Baths
  
  2 Baths
855 Peachtree Street #2205, Atlanta, GA

855 Peachtree Street #2205
Atlanta, GA

$445,000
- Lot Size
- Home Size
  
  982 sqft
- Beds
  
  2 Beds
- Baths
  
  2 Baths
855 Peachtree Street NE #3005, Atlanta, GA

855 Peachtree Street NE #3005
Atlanta, GA

$439,000
- Lot Size
- Home Size
  
  982 sqft
- Beds
  
  2 Beds
- Baths
  
  2 Baths
855 Peachtree Street #2901, Atlanta, GA

855 Peachtree Street #2901
Atlanta, GA

$385,000
- Lot Size
- Home Size
  
  802 sqft
- Beds
  
  1 Bed
- Baths
  
  1 Bath
855 Peachtree Street NE #2801, Atlanta, GA

855 Peachtree Street NE #2801
Atlanta, GA

$364,900
- Lot Size
- Home Size
  
  802 sqft
- Beds
  
  1 Bed
- Baths
  
  1 Bath
855 Peachtree Street NE #2001, Atlanta, GA

855 Peachtree Street NE #2001
Atlanta, GA

$360,000
- Lot Size
- Home Size
  
  802 sqft
- Beds
  
  1 Bed
- Baths
  
  1 Bath
855 Peachtree Street NE #2812, Atlanta, GA

855 Peachtree Street NE #2812
Atlanta, GA

$360,000
- Lot Size
- Home Size
  
  748 sqft
- Beds
  
  1 Bed
- Baths
  
  1 Bath

See all Real estate matching your search.
(all data current as of 5/16/2025)

For 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.

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

Midtown Atlanta Market Report | Cornerstone Village December, 2011

January 29, 2012 by Thom Abbott

In our Midtown Atlanta Market Report for Cornerstone Village, we see an interesting trend. Well at least for Cornerstone Village. Earlier in the year, homes were selling for as low as $64,900! More recent sales have pushed the $90,000 mark. In real estate, the big question is always, “have we hit the bottom yet?” Cornerstone Village very well may have done that, and already be on the rebound. Of course if more foreclosures or short sales occur, this trend could easily change.

Cornerstone Village consists of 4 different buildings, and at one point the the two older buildings (800 and The Manor House) commanded higher selling prices. I would suspect that as the market changes and improves, this will again be true. So, if you can find a great floor plan in either of these buildings and at a great price, it could be a wise investment.

Let’s take a look at the Market Report for Cornerstone Village.

Currently, the homes For Sale at Cornerstone Village range in price from $60,000 to $265,000. There is only one home under $100,000! I would be concerned that any of the other 1 bedroom homes will appraise at or near their list prices. 5 Homes sold in December, 2011 had an average sales price of $120,000, but 3 of those homes were well under $100,000. The listings that are currently Under Contract range from $63,000 to $73,000.

This would make it look like the market has bottomed out for Cornerstone Village, but with the lower average sales prices that has occured, it’s going to an uphill battle to appraise the current listings close to their list prices.

For More Information on how we can best serve your InTown Atlanta Real Estate needs, please fill out the online contact form or call us at 770.713.1505.

We specialize in InTown Atlanta Real Estate single family homes and condomiums. If you are planning to Buy InTown Atlanta real estate, let us help you explore all the possibilities available to you and help you find just the right home you will LOVE!

Please use the following links to Search for Homes by Intown Atlanta Neighborhoods or Zip codes!

Brookhaven/Ashford Park 30319	Buckhead 30305
Buckhead 30327	Buckhead 30342
Chamblee 30341	Decatur 30307
Doraville 30340	Downtown Atlanta 30303
Druid Hills 30329	Dunwoody 30338
East Atlanta/Ormewood Park 30316	East Lake/Kirkwood 30317
Grant Park 30312	Midtown Atlanta 30308
Midtown Atlanta 30309	Midtown West/Collier Hills 30318
Morningside 30306	Morningside 30324

Are you looking for a specific Intown Atlanta neighborhood to focus on? Contact Thomas Ramon Realty and we can set up a search for any specific neighborhood you are looking for!!

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