Midtown Atlanta Market Report | MidCity Lofts | March 2013

This month’s report for MidCity Lofts is an easy one…

No Active Listings, 1 Pending 3 Bedroom at $335,000 and One 1 Bedroom SOLD at $165,000.

There were no sales in 2012.

This is THE closest Midtown Atlanta condo building to the Georgia Tech campus. While priced higher than Cornerstone Village, this is a great building to consider for parents of Georgia Tech students. 

Search MidCity Lofts Homes For Sale HERE

Midtown Atlanta Market Report | Peachtree Lofts | March 2013

We see a slight increase in Sales activity at Peachtree Lofts. Let’s take a further look…

ACTIVE LISTINGS (4) (Remains the same from our January Report)

• Three 1 Bedroom homes ranging from $125,000 to $200,000 — Average List Price: $153,000
• One 2 Bedroom listed at $227,000

PENDING LISTINGS (UNDER CONTRACT) (2)

• Two 2 Bedrooms at $189,000 and $250,000 — Average List Price: $219,000

SOLD (2)

• One 1 Bedroom at $130,000
• One 2 Bedroom at $169,900

2012 SALES ACTIVITY COMPARISON

• One 1 Bedroom Sold at $118,000

As most of the Market Reports for March, 2013 have shown, the SOLD price in Peachtree Lofts went from $118,500 for a 1 Bedroom in 2012 to $130,000 for a 1 Bedroom. The Average LIST price is up to $153,000.

Search Homes For Sale in Peachtree Lofts

Midtown Atlanta Market Report | Mayfair Renaissance Mayfair Tower |March 2013

The has been a dramatic drop in inventory at Mayfair Renaissance and Mayfair Tower! Let’s take a look….

ACTIVE LISTINGS (2) (DOWN 2 from January’s Report)

• Two 2 Bedrooms at $189,000
• One Penthouse Level home listed at $310,000

PENDING LISTINGS (UNDER CONTRACT) (6)

• Two 1 Bedroom homes at $119,000 and $164,000 — Average List Price: $141,500
• Four 2 Bedroom homes ranging from $229,000 to $299,000 — Average List Price: $270,500

SOLD (3)

• Three 2 Bedrooms ranging from $183,000 to $259,000 — Average List Price: $219,000

2012 SALES ACTIVITY COMPARISON

• Two 2 Bedroom homes at $200,000 and $238,000 — Average SOLD Price: $219,000

Interesting to note the SOLD price from 2012 and 2013 is the same, but look at the dramatic increase in the average list price of 2 bedroom homes Under Contract at $270,500. Are prices on the rise at Mayfair Renaissance Mayfair Tower?

Search Homes For Sale in Mayfair Renaissance HERE

Midtown Atlanta Market Report | Peachtree Walk | March 2013

It was a pretty quiet month at this Midtown Atlanta community. Let’s take a look at Peachtree Walk Condominiums…

ACTIVE LISTINGS (3) (Unchanged from January’s Report)

• One 1 Bedroom listed at $109,000
• Two 2 Bedrooms listed at $164,000 and $169,000 — Average List Price: $166,000

PENDING LISTINGS ( UNDER CONTRACT) — NONE

SOLD — NONE

2012 SALES ACTIVITY COMPARISON

• One 2 Bedroom at $157,000

Peachtree Walk is located on 11th Street, between Peachtree and West Peachtree Streets. As this report shows, this is still a great value option for the Midtown Atlanta condo buyer!

Search Homes For Sale in Peachtree Walk Condominiums

Midtown Atlanta Market Report | Plaza Midtown Atlanta | March 2013

Let’s take a look at the Sales Activity for March for Plaza Midtown Atlanta….

ACTIVE LISTINGS (9) (UP  3 From January’s Report)

• Five 1 Bedroom Homes ranging from $189,000 – $200,000 — Average List Price: $196,540
• Three 2 Bedroom Homes ranging from $299,000 – $429,000 — Average List Price: $349,000
• One 3 Bedroom home (2 condos that have been combined to one) listed at $750,000

PENDING LISTINGS (UNDER CONTRACT) (2)

• Two 2 Bedroom Homes ranging from $299,000 – $338,000 — Average List Price: $318,950

SOLD (4)

• Two 1 Bedroom homes at $175,000 and $179,000 — Average Sold Price: $177,250
• Two 2 Bedroom homes at $299,000 and $349,000 — Average Sold Price: $324,450

2012 SALES ACTIVITY COMPARISON

• One 1 Bedroom at $145,000

In January, there were no sales at Plaza Midtown Atlanta for comparison!