Midtown Atlanta Market Report | White Provision | March 2013

 

 

 

Let’s take a look at what is happening in Midtown West at White Provision…

ACTIVE LISTINGS (8) (DOWN 4 From January’s Report)

• Two 1 Bedroom homes at $209,000 and $251,000 — Average List Price: $230,000
• Four 2 Bedroom homes ranging from $303,000 to $817,000 — Average List Price: $511,000
• Two 3 Bedroom homes at $395,000 and $807,000

PENDING LISTINGS (UNDER CONTRACT) (3)

• One 1 Bedroom at $209,000
• Two 2 Bedrooms at $275,000 and $376,000 — Average List Price: $325,000

SOLD (3)

• Two 1 Bedroom homes at $210,000 and $216,000 — Average SOLD Price: $213,000
• One 2 Bedroom home at $314,000

2012 SALES ACTIVITY COMPARISON

• No homes sold in March, 2012

 

White Provision is a bit interesting in how the developer has been trying to “manage” the prices. The mere fact that you can get a three bedroom home for $395,000, and then the other 3 bedroom ( a “penthouse”) home is priced at $807,000 is strange.

BUT, this area is seeing new shopping, construction in the form of TWO apartment buildings with in a stone’s throw of White Provision, and it’s easy access to all the shopping and entertainment of Atlantic Station, make this a great Midtown condominium option.

 

Search Homes For Sale in White Provision Midtown West

 

Midtown Atlanta Market Report | The Dakota | March 2013

 

 

After a period of no For Sale inventory, we finally see some options at The Dakota. Let’s take a look…

 ACTIVE LISTINGS (4) (Same as January’s report)

• One 1 Bedroom at $248,000
• Three 2 Bedrooms ranging from $314,000 to $489,000

PENDING LISTINGS (UNDER CONTRACT) (1)

• One 3 Bedroom Listed at $399,900

SOLD  No Sales in March!

2012 SALES ACTIVITY COMPARISON

• One 2 Bedroom at $270,000

The sales activity and pricing at The Dakota has been a challenge to understand, even for us real estate professionals. The current high priced listing ($489,000) is a town home style floor plan that’s had some extensive upgrades to it. But then the home Under Contract is at $399,900!  We’ll have to watch this one on our next report and see what’s happened!

 

Search Homes For Sale at The Dakota Condominiums HERE

 

Midtown Atlanta Market Report | Aqua Midtown | March 2013

 

 

 

Aqua Midtown Atlanta did not see much activity in March….

ACTIVE LISTINGS (4) (UP 1 from January’s Report)

• One 1 Bedroom Listed at $249,000
• Two 2 Bedrooms listed at $349,000 and $369,000 — Average List Price: $359,000
• One 3 Bedroom listed at $675,000

PENDING LISTINGS (UNDER CONTRACT) (1)

• 1 Two Bedroom at $350,000

SOLD (1)

• One 3 Bedroom home — interesting to note it was listed for $572,900 and sold for $700,000. I saw this home on an Broker Open House once, and I know it used to belong to a major athlete, I just don’t remember who!

2012 SALES ACTIVITY COMPARISON

• One 2 Bedroom  at $220,000

Aqua Midtown experienced some challenges from the downturn in the market, but is slowly making a comeback. Keep in mind this building has higher than normal monthly HOA fees which impacts who can buy a home here.