Peachtree Lofts Midtown Atlanta Annual Market Report 2009-2010
It’s time for us to take a look over our should at the year of 2010 and see how it compared to 2009 for Sales activity at Peachtree Lofts.
Sales activity at Peachtree Lofts Midtown Atlanta doubled from 5 sales in 2009 to 10 in 2010. In 2009, there were 4 – 1 Bedroom homes that sold with an Average Sales Price of $97,928. Three of those were foreclosure sales. In 2010, the sales jumped to 8 homes and the Average Sales Price also increased to $111,602.
In 2009, only one 2 Bedroom home sold at $197,500. In 2010, 2 sold at an Average Sales Price of $166,550.
Currently, there are 11 homes For Sale. The Average List Price for a 1 bedroom is $90,837 and the Average List Price for a 2 Bedroom is $233,200. More details about the homes For Sale in Peachtree Lofts can be found at the link below.
Metropolis Midtown Atlanta is probably best known as the building that started it all in Midtown Atlanta condominium construction. When first proposed, one tower was to be apartments and one condominiums. The first tower sold so quickly that the developers quickly converted, and sold the second tower as condos as well.
While Cornerstone Village offer both newer, modern soft-loft condos, the community also has two buildings that were built in the 20’s and 40’s that offer condominiums with all the modern conveniences, yet inside historic buildings.
