Thom Abbott

Midtown Atlanta Market Report | Metropolis Midtown December 2012

February 3, 2013 by Thom Abbott

Midtown Atlanta Market Report | Metropolis Midtown December 2012

Metropolis Midtown was another “five for five” in activity in December. There were 5 Active Listings and 5 homes Under Contract or Sold.

A summary of the activity at Metropolis Midtown Atlanta:

Three 1-Bedrooms For Sale with a List Price of $114,000-160,000
Two 2-Bedrooms For Sale, one at $269,900 and one at $285,000
Two Homes were Under Contract, a 1 Bedroom at $110,000 and a 2 bedroom at $279,900
THREE homes SOLD in December with an average Sales Price of $148,000.

In December, 2011, there was only one home sold at $120,000

You can learn more about Metropolis Midtown Atlanta by clicking here.

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943 Peachtree Street NE #1616, Atlanta, GA

943 Peachtree Street NE #1616
Atlanta, GA

$284,900
- Lot Size
- Home Size
  
  665 sqft
- Beds
  
  1 Bed
- Baths
  
  1 Bath
- Year Built
  
  2002
943 Peachtree Street NE #907, Atlanta, GA

943 Peachtree Street NE #907
Atlanta, GA

$279,000
- Lot Size
- Home Size
  
  696 sqft
- Beds
  
  1 Bed
- Baths
  
  1 Bath
- Year Built
  
  2002
943 Peachtree Street NE #801, Atlanta, GA

943 Peachtree Street NE #801
Atlanta, GA

$350,000
- Lot Size
- Home Size
  
  926 sqft
- Beds
  
  2 Beds
- Baths
  
  1 Bath
- Year Built
  
  2002
923 Peachtree Street NE #1732, Atlanta, GA

923 Peachtree Street NE #1732
Atlanta, GA

$264,900
- Lot Size
- Home Size
- Beds
  
  1 Bed
- Baths
  
  1 Bath
- Year Built
  
  2003
943 PEACHTREE Street NE #1019, Atlanta, GA

943 PEACHTREE Street NE #1019
Atlanta, GA

$390,000
- Lot Size
- Home Size
  
  897 sqft
- Beds
  
  1 Bed
- Baths
  
  1 Bath
- Year Built
  
  2002
923 Peachtree Street NE #1330, Atlanta, GA

923 Peachtree Street NE #1330
Atlanta, GA

$549,900
- Lot Size
- Home Size
  
  1,030 sqft
- Beds
  
  2 Beds
- Baths
  
  2 Baths
- Year Built
  
  2003
View Virtual Tour
943 Peachtree Street NE #1605, Atlanta, GA

943 Peachtree Street NE #1605
Atlanta, GA

$279,000
- Lot Size
- Home Size
  
  754 sqft
- Beds
  
  1 Bed
- Baths
  
  1 Bath
- Year Built
  
  2002
943 Peachtree Street NE #716, Atlanta, GA

943 Peachtree Street NE #716
Atlanta, GA

$295,000
- Lot Size
- Home Size
  
  665 sqft
- Beds
  
  1 Bed
- Baths
  
  1 Bath
- Year Built
  
  2002
View Virtual Tour
923 PEACHTREE Street NE #830, Atlanta, GA

923 PEACHTREE Street NE #830
Atlanta, GA

$499,900
- Lot Size
- Home Size
  
  1,046 sqft
- Beds
  
  2 Beds
- Baths
  
  2 Baths
- Year Built
  
  2003
923 Peachtree Street NE #927, Atlanta, GA

923 Peachtree Street NE #927
Atlanta, GA

$289,900
- Lot Size
- Home Size
  
  696 sqft
- Beds
  
  1 Bed
- Baths
  
  1 Bath
- Year Built
  
  2003

See all Metropolis Midtown.
(all data current as of 11/26/2024)

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Data last updated: 11/26/24 3:17 AM PST.

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Midtown Atlanta Market Report | Cornerstone Village December 2012

February 3, 2013 by Thom Abbott

Midtown Atlanta Market Report | Cornerstone Village December 2012

Cornerstone Village was one of the busier Midtown Atlanta condominium communities in December. Between Active Listings and homes Under Contract, and Solds, there were 18 homes with “activity.”

A detailed look at the activity in Cornerstone Village for December shows:

Eight 1-Bedroom Homes Listed For Sale from $73,000 – $135,000
One 2-Bedroom home Listed For Sale at $189,000
8 Homes Under contract with an Average List Price of $90,500 for traditional sales and $104,500 for short sales. (Will be interesting to see how these homes close out once the short sale process is completed)
ONE home Sold in December at $76,500

This compares to 2011 when there were SIX homes that sold:

1- Bedroom Average Sales Price $73,000
2 Bedroom Average Sales Price $187,500

Cornerstone Village still leads the way in the value-priced options for Midtown Atlanta condo living. You have a Peachtree Street address, and most of the amenities of other condo buildings. The unique layout of the community (4 separate buildings) does not allow for a central lobby with a concierge, but all buildings have secured access via key fobs/cards.

Cornerstone Village is also the closest condo building to GA Tech with great prices for students and parents looking for off-campus housing options.

You can learn more about Cornerstone Village by clicking here.

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Midtown Atlanta Market Report | Luxe Midtown December 2012

February 3, 2013 by Thom Abbott

Midtown Atlanta Market Report | Luxe Midtown December 2012

Sometimes, there is not much to say…..

Three homes listed with a List Price range of $509,000 to $649,000. There were no homes Under Contract or Sold in December.

You can learn more about Luxe Midtown Atlanta by clicking here.

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222 12th Street NE #2105, Atlanta, GA

222 12th Street NE #2105
Atlanta, GA

$557,000
- Lot Size
- Home Size
  
  1,020 sqft
- Beds
  
  1 Bed
- Baths
  
  1 Bath
- Year Built
  
  2008
222 12th Street NE #702, Atlanta, GA

222 12th Street NE #702
Atlanta, GA

$665,000
- Lot Size
- Home Size
  
  1,732 sqft
- Beds
  
  2 Beds
- Baths
  
  3 Baths
- Year Built
  
  2008
View Virtual Tour
222 12th Street NE #1902, Atlanta, GA

222 12th Street NE #1902
Atlanta, GA

$889,000
- Lot Size
- Home Size
  
  1,887 sqft
- Beds
  
  3 Beds
- Baths
  
  3 Baths
- Year Built
  
  2008

See all Luxe Midtown.
(all data current as of 11/26/2024)

Midtown Atlanta Market Report | Viewpoint Midtown Atlanta December 2012

February 3, 2013 by Thom Abbott

Midtown Atlanta Market Report | Viewpoint Midtown Atlanta December 2012

December, 2012 was a “five for five” month. There were five Active listings, two Under Contract and three homes sold!

Of those Five Active Listings, there were four 1-bedroom homes ranging in list price from $189,000-239,000.

There was one 2-bedroom home listed at $329,900.

Three homes were Under Contract, with 1 bedrooms ranging from $154-224,000 and a two bedroom at $338,000.

Homes Sold in December included a 1 bedroom +den at $235,000 and a 2 bedroom home at $342,500.

You can learn more about Viewpoint Midtown Atlanta by clicking here.

Midtown Atlanta Market Report | Spire Midtown Atlanta December, 2012

February 3, 2013 by Thom Abbott

Midtown Atlanta Market Report | Spire Midtown Atlanta December, 2012

The December, 2012 Market Report for Spire Midtown Atlanta shows a VERY clear picture of the inventory, or lack thereof in many Midtown Atlanta condo buildings!

There were just FIVE active listings, four 1-bedroom homes ranging from $164-174,000 and a unique combination of two homes into one (although still only a 2 bedroom) at $499,000.

3 homes sold in December with an average Sales Price of $154,000 for 1 bedrooms and $259,000 for 2 bedrooms. 2 homes were Under Contract , a 1 bedroom at $127,000 and a 2 bedroom at $219,000.

Spire Midtown Atlanta is still one of the most popular Midtown Atlanta condo buildings. If you’re looking to buy in this building, you best keep a close eye if you have a certain floor plan in mind….as your choices will be limited and most likely Sold quickly.

You can learn more about Spire Midtown Atlanta by clicking here.

5 Reasons You Should Sell Your Midtown Atlanta Condo NOW!

January 31, 2013 by Thom Abbott

If you’ve been thinking about selling your Midtown Atlanta condo, now just might be the time. Prices are up, and inventory is WAY down! As a real estate broker, I search daily for Buyers looking to buy, and I’m amazed at the limited inventory they have to choose from. Midtown Atlanta condo buildings that once had 20, maybe THIRTY homes For Sale, now have but 5 or 6 to choose from. Priced right, the chances are you may end up with multiple offers!

5 Reasons You Should Sell Your Midtown Atlanta Condo NOW!

Serious Buyers are out there! If agents have done their homework, they are working with Buyers that have taken the steps to get a pre-approval on a mortgage. They are READY, WILLING and ABLE to Buy! So they are out looking. While we use to say the winter months is a slow time, and if a Buyer is out looking they must be serious, is not the case now. Buyers are out in full force and making offers.
The Inventory is LOW! As mentioned above, the inventory is low. It’s a Seller’s market now, with more buyers than there are properties. There is still the opportunity for bank owned properties to enter the market, but if a buyer is looking for a non-distressed home, then this could be the time for YOU to be on the market!
Banks Are Lending Money While Buyers do have to be more credit worthy, if they have good credit, stable job and funds for a down payment (which can be even less if the Buyer does an FHA mortgage) they can get a mortgage. There ARE qualified Buyers in the market, looking for a Midtown Atlanta Condo!
There Will Never Be A Better Time To Move Up Prices ARE on the way up! And interest rates are at an all-time LOW! Now may be the perfect opportunity to move from that 1 bedroom condo to that 2 bedroom condo and get the extra room you wanted! While the economic indicators say interest rates will stay low, there is no guarantee how low, or how long. Do you want to look back later and say, “We should of sold and bought in 2012!”
It’s Time To Move On With Your Life — Look at the reason(s) you decided to sell in the first place and decide if it’s worth waiting. Is money more important than being with family (relocation of spouse or significant other)? You’ve been cramped in that small 1 bedroom, or roaming the halls of your 2 bedroom, it’s time for new digs? Life has given you the opportunity to do something different..don’t let the condo keep you!

If you are planning to sell your Midtown Atlanta condo, call me! I can help! You can reach me at 770.713.1505 or email me at Info@MyMidtownMojo.com

Midtown Atlanta Market Report | Metropolis Midtown December 2012

Midtown Atlanta Market Report | Cornerstone Village December 2012

Midtown Atlanta Market Report | Luxe Midtown December 2012

Midtown Atlanta Market Report | Viewpoint Midtown Atlanta December 2012

Midtown Atlanta Market Report | Spire Midtown Atlanta December, 2012

5 Reasons You Should Sell Your Midtown Atlanta Condo NOW!

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