Spire Midtown Atlanta Annual Market Report
It’s time for us to look over our shoulder at 2010 and see how it compared to 2009 for sales at Spire Midtown Atlanta.
Sales of 2 bedroom homes was almost double that of 2009, while the sales of 1 bedroom homes was exactly the same from 2009 to 2010 at 17 homes.
2 Bedroom homes saw a modest increase in the Average Sales Price from $258,351 to $262,666.
1 Bedroom homes saw a decrease in Average Sales Price from $159,305 in 2009 to $153,101.
As of today, there are only 12 Active Listings in the building, which is a good sign for Sellers. Not a huge amount of inventory can lead to a quicker sale. However, pricing is important in this market.
There are 4 2 Bedroom homes listed with an Average List Price of $318,250, well over what the market would pay in 2010. There are 8 1 Bedroom homes listed with an Average List Price of $166,434, also over what the market was willing to pay in 2010.
