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Overview |
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Thom Abbott, GRI
Thomas Ramon Realty
(770) 713-1505 Thom@MyMidtownMojo.com https://MyMidtownMojo.com
Listed by: Thomas Ramon Realty @Palmer House Properties |
Nearby properties for sale |
As you know, our Monthly Market Reports usually are broken down by each specific condominium building in Midtown Atlanta. If you don’t think those reports take time to create, think again! But, they are a microscope look at the Midtown Atlanta market. So this month, and each month forward from now on, we will also do a “birds eye view” of the Midtown Market.
Now, ask anyone the definition of Midtown,and you will get a variety of answers. So, as a disclaimer, here is the copy of the boundary map that I am using to create this specific report.
Here’s the “chart version” for those that like that type of reference point.
To look at these numbers a bit closer, the 194 Active listings actually include 10 that are on a Contingency of some sort, but it inspections or financing. There are a total of 93 homes Under Contract, but that is broken down by 32 “Pending Lender Approval” or most likely short sales, and 61 homes Under Contract via a traditional or non-distressed sale.
50 Homes Sold in July, 2012. The sales prices ranged from a low of $36,100 to a high of $469,900. How does that compare to sales of years past? Take a look at 2011, and 2010 to compare.
In July, 2011, there were 34 Homes Sold, with a price range of $43,900 to $409,900.
In July, 2010, there were 39 Homes Sold, with a price range of $59,900 to $399,900.
The number of homes sold dipped in 2011, but then rose sharply in 2012. Sales prices on the upper end have increased each year while the lower end has dropped each year.
When you consider the number of condominium homes contained in our define search area, and we only have 184 homes on the market, this is very much a Seller’s market. Buyer’s have limited inventory to choose from, and we’ve heard of numerous multi-offer situations on homes as Buyer’s compete for the home they want. It is also nice to see a higher number of Under Contract listings that are non-distressed sales.
Again, a word of caution when looking at market numbers. They can be analyzed a number of ways. But all indications are prices are on the move up, and inventory is down in the Midtown Atlanta Real Estate Market!
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:
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
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Overview |
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Thom Abbott, GRI
Thomas Ramon Realty
(770) 713-1505 Thom@MyMidtownMojo.com https://MyMidtownMojo.com
Listed by: Thomas Ramon Realty @Palmer House Properties |
| Our recent listings
Classic Castleberry Hill Loft Living
One Of A Kind Tri Level Loft in Historic Castleberry Hill Viewpoint Midtown Atlanta GA MIDTOWN WEST CONTEMPORARY TOWNHOME Brookside Commons. Inviting Craftsman-style Townhomes in Norcross
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Atlanta relocation clients, if you’re thinking of relocating to Charlotte NC, I recommend that you seek an experienced professional to assist you in your relocation needs–and I’ve got Charlotte’s best real estate agent for you! Before you think of beginning a home search, let me introduce you to Debe Maxwell.
Debe Maxwell is a long-time Charlotte resident and is a full-time, full-service REALTOR®, working with relocation clients from all over the nation, including many from Atlanta. In fact, Debe and her team have assisted hundreds of relocation clients with their move to the Charlotte Metro area from all across the country. From beginning to end, you will receive world-class service from Debe and her experienced team of Charlotte real estate professionals. Debe will seamlessly transition you through your entire relocation process from Atlanta to Charlotte.
You may be moving to Charlotte because of a job transfer or simply because of the lifestyle opportunities available to you in the Charlotte Metro region. From a vibrant downtown, urban, in-town, suburban and even equestrian lifestyles, Charlotte has a lifestyle that fits your needs.
From Charlotte’s historic homes to upscale, luxury condos in Charlotte’s Uptown, you are sure to find something that fits your lifestyle. Charlotte is a large metropolitan area, similar to Atlanta so, you will be better served by contacting Debe and her team to help guide you in the right direction.
Meet Debe Maxwell…you will be working with Charlotte’s top real estate professionals who have years of experience assisting relocation clients from Atlanta and other large metro areas across the country. You’ll be in good hands!
Debe Maxwell, REALTOR®
Direct: (704) 491-3310
Email: Debe@DebeMaxwell.com
www.iCharlotteRealEstate.com
Search Charlotte’s most popular home search website at www.AtHomesCharlotte.com
Want more information about Charlotte? Visit www.iCharlotteRealEstate.com. Let Debe and her well-qualified team assist you in your real estate journey from Atlanta to Charlotte! Give Debe a call at (704) 491-3310 or email her at Debe@DebeMaxwell.com.
See on Scoop.it – Midtown Atlanta Conversations and Condos
Big families with big money are creating the homes they want by combining three, four, five or more apartments. Certainly a New York City trend…but in Atlanta?
WHEN Jon and Susan Ashley move back to the United States from London next summer, they want their children to have the usual perquisites of suburban living. They will move into a sprawling two-story home where their twins, Zack and Alec, 11; their daughter, Sophie, 6; and their month-old son, Dylan, will have their own bedrooms and a separate playroom.
Last January, Ian Stone paid $7.2 million for six apartments at the Park Millennium, 111 West 67th Street, top. Mr. Stone is combining the six apartments into one sprawling unit of 4,200 square feet, with four bedrooms, a den, office and play area.
But they won’t be in Greenwich, Conn., or Armonk, N.Y. The Ashleys will move into a 31-story Upper West Side condominium, where they have bought three apartments that they are combining into a six-bedroom, 4,200-square-foot duplex.
Mr. Ashley, 41, said he wanted his family to live in Manhattan because he works such long hours at a private equity firm that he would see his children less if he had to spend more time commuting.
See on www.nytimes.com
See on Scoop.it – Midtown Atlanta Conversations and Condo
MINT HILL, N.C. — For Rosanna Wilfong, it started a decade ago. Her front yard was flooding. A pool of rainwater swelled until it was knee-deep. So she hired a company to install a French drain — a kind of underground trench with a pipe to channel the water away from the foundation of her home.
She said she spent $6,500 to install the drainage system. Her homeowners’ association forced her to spend another $6,500 tearing it out.
It was only the beginning of a years-long legal battle with her HOA that ate up more than $50,000 in legal bills and almost cost her her home.
See on www.wcnc.com
