Atlanta Condos For Sale

Midtown Atlanta Market Report | Mayfair Renaissance/Tower | January 2013

by

 

The days of of the 20 and 30 homes For Sale in Midtown Atlanta condominiums is a thing of the past! Savvy condominium buyers will need to keep a close eye on the building of their choice to jump on a new listing. The limited inventory continues to be evident in this market report as well!

Midtown Atlanta Market Report | Mayfair Renaissance/Tower | January 2013

 

Midtown Atlanta Market Reports Mayfair Renaissance January 2013

 

A summary of the information in the chart above shows:

  • One 1-bedroom For Sale at $135,000
  • Three 2-bedrooms listed For Sale with prices ranging from $194,000 – $299,000
  • FOUR homes Under Contract with List Prices ranging from $169,000 – $269,000
  • ONE HOME SOLD, a 2 bedroom at $280,000

As a comparison, in 2012, only one home sold, a 1-bedroom at $87,500

Our market analysis and reports show two very distinct trends in Midtown Atlanta condominiums…limited inventory and rising prices! 

Click Here for more information about Mayfair Renaissance and Mayfair Tower Condominiums. These buildings are located on 14th Street, just across from Colony Square and the W Midtown Atlanta Hotel. You are just a quick one block walk to the 14th Street entrance to Piedmont Park!

If you are looking to Buy or Sell Midtown Atlanta real estate, let us know how we can help YOU!!

Sending

Midtown Atlanta Market Report | Luxe Midtown | January 2013

by

Luxe Midtown Atlanta had the second lowest inventory in January, 2013 with just ONE home Listed For Sale.

Located just 1/2 block from Piedmont Park, this building is a smaller condominium community with just 116 homes in the building. It is close to the park-side restaurants on Piedmont Avenue, and the restaurant corner of 10th and Piedmont.

Midtown Atlanta Market Report | Luxe Midtown | January 2013

 

Midtown Atlanta Market Reports Luxe Midtown Atlanta

 

There is one 2- Bedroom home listed at $649,000, one home Under Contract at $509,000 and no sales in January, 2013. This compares to just one 2-bedroom home that was sold in January, 2012 for $637,000.

Midtown Atlanta Market Report | 905 Juniper | January 2013

by

The limited inventory trend continues in Midtown Atlanta as we take a look at the January, 2013 activity in 905 Juniper.

This boutique condo building features just 117 residences (perhaps a bit less with some combinations) and is located just 1 block off of Peachtree Street on Juniper. It will soon have closer retail options with the development of 100 6th Street.

Midtown Atlanta Market Report | 905 Juniper | January 2013

Midtown Atlanta Market Reports 905 Juniper January 2013

 

The four active listings in the building are ALL 3- bedroom homes with some impressive listing prices:

  • $1,395,000
  • $625,000
  • $579,000
  • $549,000

One 1-bedroom home is Under Contract with a List Price of $259,000.

Click Here to learn more about 905 Juniper Condominiums – A Midtown Atlanta Condominium Community!

Midtown Atlanta Market Report | Viewpoint Midtown | January 2013

by

Viewpoint Midtown Atlanta might be called the crown jewel of the Novare buildings that were built during the condominium building race in Midtown. (Novare built buildings all over Atlanta). It certainly seemed to evolve from their other buildings to get the finishes in the homes stepped up, and the amenities level a “one-of-a-kind” in Midtown Atlanta condo buildings.

Just like most of the condominium buildings in Midtown, Viewpoint is starting to see prices climb, especially for two bedroom homes.

Midtown Atlanta Market Report | Viewpoint Midtown | January 2013

Midtown Atlanta Market Reports Viewpoint Midtown

In January, there were just NINE homes listed For Sale in the building”

  • Five 1 Bedroom homes ranging from $185,000 – $239,000
  • Four 2 Bedroom homes ranging from $275,000 -$379,000
  • Three homes are Under Contract — a 1 Bedroom at $154,900 and Two 2 Bedrooms at $359,000 and $379,000
  • One Home Sold, a two-bedroom at $302,000

To compare, and show the increase in prices, in 2012, there were two 2-bedroom homes that sold with an average sales price of $265,395. Compare that to the $302,00o from this year!!!!

Buyers that sit on the fence and wait to buy will pay for it in higher prices at Viewpoint Midtown Atlanta.

Sending

Midtown Atlanta Market Report | Spire Midtown | January 2013

by

 

Spire Midtown is one of the “Sister Buildings” I refer to since it sits directly across the street from Viewpoint Midtown. Both buildings were built by Novare Group, Viewpoint being their last one before the real estate market took a “turn.”

Spire has been a very popular Midtown Atlanta condo choice ever since the building first delivered homes in 2007. While it has seen its share of short sales and foreclosures, there is clear evidence that the prices are on the rise in this building as well.

Midtown Atlanta Market Report | Spire Midtown | January 2013

 

Market Reports for Spire Midtown Atlanta Condos For Sale

There are a couple unique homes currently listed in Spire Midtown:

  • Two 1 Bedroom homes listed at $159,000 and $173,000
  • Two 2 Bedroom homes listed at $320,000 and $339,000
  • A Penthouse (28th Floor Front Corner 2-story) home is listed at $675,000
  • A combined 2 bedroom and 1 bedroom (still only a 2 bedroom) at $499,000 on the 23rd Floor
  • There are Five homes Under Contract — Four 1 Bedrooms ranging in price from $169-179,000 and One 2 Bedroom at $289,000.
  • One home Sold, a 1 bedroom at $190,000

In comparison, in January, 2012 there were NO sales in the building.

List prices are rising in this building, and I suspect in a few months you won’t get a 2 bedroom home for under $300,000. The building has a strong HOA, and has been quite strict on their leasing policies to keep everything in check.

Metropolis Midtown Atlanta Condominiums | Midtown Atlanta GA

by

Metropolis Midtown Atlanta Condominiums | Midtown Atlanta GA

Metropolis Midtown Condos For Sale

Why Do People Live Here?

Metropolis Midtown Atlanta is one of the first high-rise condo buildings in Midtown Atlanta. When it was first opened in 2002, the plan was for one tower to be condominiums and the second tower to be apartments. The first tower sold out so fast the second was immediately switched and sold as condos. With it’s location on Peachtree Street, between 8th and Peachtree Place (could be called 9th Street) Metropolis Midtown is convenient to all the dining and cultural activities of Midtown Atlanta.

Metropolis was also one of the Top Ten Selling Midtown Atlanta condominium buildings in 2012!

Looking for a home in Metropolis Midtown Atlanta?

Interested in homes for sale in Metropolis Midtown Atlanta? Click that link to find all the current homes available in this Midtown Atlanta condominium building.

What’s the Neighborhood Like?

When we refer to “neighborhood” here, let’s talk about the building and it’s amenities. The lobby has dual entrances, one from Peachtree Street, and the other from the port cochere entrance on the backside of the building. Metropolis Midtown Atlanta is the ONLY Midtown condo building to offer this feature. Great for drop-off or pick up’s of friends and there is short term parking for real estate agents showing homes in the building. There is one main lobby, but two separate, secured entrances to each of the buildings two towers. On the 6th Floor, the amenities open up between the two buildings, including a beautifully landscaped pool deck, newly renovated club room, awesome fitness center and an upper level grilling/dining deck overlooking Peachtree Street.

Floor plans range from studios at 696 square feet to penthouse floor plans at 1900 plus square feet. The homes have various sizes of balconies, but premium corner and Peachtree-facing homes have extra large balconies. The views are fantastic!

What’s Going on Nearby the Metropolis Midtown Atlanta?

Step out your front door onto Peachtree Street, and you don’t have far to go for great restaurants. Taco Mac is located in the northern corner of the retail space, and the newly opened La Tagliatella anchors the southern corner. Just north of Metropolis Midtown Atlanta is the 12th & Midtown development with more restaurants and CB2, perfect for those new condo home furnishings! Piedmont Park is just a few blocks walk, home to numerous festivals and events, such as the Dogwood Festival each April.  Also within walking distance is the High Museum of Art, the 14th Street Playhouse and the Fox Theater.

Market Reports for Metropolis Midtown AtlantaWhat Schools will Kids Attend?

Metropolis Midtown Atlanta is served by Springdale Park Elementary, Inman Middle School and Grady High School.

Now You Really Want to Find a Home Here, Right?

If you are interested in the current homes for sale in Metropolis Midtown Atlanta, click on the link. Our For Sale property information is a direct feed from the First Multiple Listing Service and is updated multiple times per day.

Thom Abbott

Associate Broker, REALTOR(R)
905 Juniper Street, NE Suite 110
Atlanta, Georgia 30309
770.713.1505 Direct
404.876.4901 Office

 
 
 
 
 
 
 
 
 
 

HomeSmart