Atlanta Condos For Sale

How Much is My Plaza Midtown Condo Worth?

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Plaza Midtown is another condo favorite for buyers in Midtown Atlanta. With a Publix Market in the building, you never have to step outside to get your groceries!!! How cool is that? But, the question at hand is….

How Much is My Plaza Midtown Condo Worth?

Plaza Midtown consists of two identical towers, atop a parking podium and amenities deck on the 6th Floor. This building offers 1 and 2-bedroom floor plans.

For September, 2016, we have 5 one bedrooms and 2 two bedroom homes currently listed For Sale.

How Much is my Plaza Midtown Condo Worth

There are just 2 one-bedroom homes Under Contract and scheduled to close.

What's My Plaza Midtown Condo Worth

In looking at the homes that sold in September, we see two important points to look at. 1) Two of the three listings sold at, or ABOVE their list price and, 2) the Total Days On Market are short indeed!

Plaza Midtown Market Report 2016

 

What is My Plaza Midtown Condo Worth
Plaza Midtown
October, 2005

If you are considering buying or selling in Plaza Midtown Atlanta, we can help! Not only are we former residents of the building, but we have been selling Plaza Midtown since….Give us a call at 770.713.1505 and we can discuss how to have your condo in that SOLD box above!

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(all data current as of 12/21/2024)


FMLS Logo Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2024 FMLS.
Data last updated: 12/21/24 10:10 AM PST.

Walk Score provided by walkscore.com.

 
 

 

What’s My Plaza Midtown Condo Worth? September 2014 Update

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What’s My Plaza Midtown Condo Worth?

Plaza Midtown is a unique living opportunity in Midtown Atlanta! Why? It’s the ONLY Midtown Atlanta condo building where you can ride the elevator right to the grocery store…Publix! Pretty awesome when it’s 15 degrees in January! but our September Market Report for Plaza Midtown Atlanta has some interesting numbers. Let’s take a look and then discuss!

What's My Plaza Midtown Condo Worth

 

ACTIVE LISTINGS (12)

  • One 1 Bedroom  listed at $199,900
  • ELEVEN 2 Bedrooms ranging from  $299,900 to $384,900

PENDING LISTINGS (UNDER CONTRACT) (9)

  • Three 1 Bedrooms ranging from $211,000 to $249,900
  • Six 2 Bedrooms ranging from $259,000 to $349,900

SOLD (3)

  • One 1 Bedroom at $180,000
  • Two 2 Bedrooms at $340,000 and $350,000

In comparison, in September, 2013, there were NO 1 Bedroom sales and Three 2 Bedrooms at $305,000, $371,833 and $375,000.

So, In 2013, the sales price of 2 bedrooms was higher, but there was less activity. But in September, 2014, Plaza Midtown has the largest inventory of For Sale listings of any of the major condominium buildings. Why’s this you ask?

I think it could be a combination of things. First off, market prices have risen to the point that owners can either now sell and not lose money, or at least break even if they want to move on. Another potential reason could be the construction of University House Apartments across Spring Street from Plaza Midtown. When this 20-story building is complete (the same height as Plaza Midtown) residents in the East Tower (950 West Peachtree Street address) that face West will somewhat lose their view. The new building is across the street and not right on top of Plaza, but it might be a factor for people selling.

Even with the number of homes For Sale, this is a great building and prices are still reasonable! I mean, $259,000 for a 2 bedroom???

Search Plaza Midtown Atlanta Condos For Sale HERE

What’s My Plaza Midtown Condo Worth? Want to know what your Plaza Midtown condo might sell for?

Get Your Complete and Accurate Home Value Report HERE

 

Midtown Atlanta Market Report | Plaza Midtown Atlanta June 2012

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A look at the Midtown Atlanta Market Report for Plaza Midtown Atlanta for June, 2012 shows buyers do not have many options to choose from in this popular building. We also see a decrease in the number of short sales!

Midtown Atlanta Market Report | Plaza Midtown Atlanta, June 2012

Let’s look at this picture in more detail:

  • 4 Active Listings include 2 one-bedrooms at $149,000 and $179,000; and 2 two-bedrooms at $299,000 and $325,000.
  • 2 Listings are Pending Lender Approval (short sales) at an average price of $129,149.
  • 3 Under Contract listings are a one-bedroom at $135,000 and 2 two-bedrooms at $275,000 and $338,000.
  • 2 SOLD Listings – a one bedroom at $165,000 and a two bedroom at $211,000

While prices may have started to inch up ever so slightly, they are still well below what owners originally paid for these homes during the height of the real estate market. Plaza Midtown Atlanta  is a good building to keep a watch on if you are looking for a good buy, and be close to GATech campus.

Midtown Atlanta Market Report | Plaza Midtown Atlanta May 2012

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I’m still amazed at the inventory, or lack thereof, in most of the Midtown Atlanta condominium buildings. As we take a look at the Midtown Atlanta Market Report for Plaza Midtown Atlanta May, 2012, this building is no exception! I can remember when there were 30 PLUS homes For Sale in Plaza Midtown Atlanta, and now….a mere FIVE. Yes, 1,2,3,4,5 condos For Sale!

 Midtown Atlanta Market Report Plaza Midtown Atlanta May 2012

Of the listings For Sale, a 1 bedroom is listed at $179,900, and 2 two bedroom homes at $299,000 and $379,000. Two homes are Short Sales, pending lender approval with an average of $139,000.

When we look at the homes that are Under Contract, a 1 bedroom is at $155,000 and the 2 bedrooms  are averaging $306,000. Compare that to the sales in May, 2012 of a 2 bedroom at $228,000 and it will be interesting to see what these homes actually sell for.

By comparision, in 2011 a 1 bedroom Average Sold Price was $128,500 and the 2 bedroom Average Sold Price was $258,000.

Plaza Midtown Atlanta saw a big number of foreclosures and short sales as this building delivered just as the market took a nose-dive. Those that bought as investments hoping to flip the homes ended up losing them to foreclosure, or have had to go through the short sale process. Time will tell if we see additional foreclosures. Many owners looking to sell, would most likely have to go through the short sale process based on the current values and what they originally paid for their homes.

But, with a Publix Market an elevator ride away, close proximity to GATech campus, and the Midtown MARTA trains station just across West Peachtree Street, Plaza Midtown Atlanta is still one awesome Midtown Atlanta Condominium building.

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(all data current as of 12/21/2024)


FMLS Logo Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2024 FMLS.
Data last updated: 12/21/24 10:10 AM PST.

Walk Score provided by walkscore.com.

 
 

  Thom Abbott Midtown AtlantaFor 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

Midtown Atlanta Market Report | Plaza Midtown, April, 2012

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As we take a look at the Midtown Atlanta Market Report for Plaza Midtown, April 2012, we see an emerging trend in Midtown Atlanta condominium sales….The inventory is scarce!!!

Midtown Atlanta Market Report Plaza Midtown Atlanta April 2012

I can remember when this building easily had 20 or more homes listed For Sale. But now, just FIVE, yes, 1,2,3,4, FIVE homes For Sale!

The current Average List Price is $300,940. There are two homes Pending Lender Approval with an Average List Pric of $139,900. Two additional homes are Pending Sale with a 2-Bedroom home at $275,000 and a 1-Bedroom at $156,000.

There was just one home Sold, a 2-Bedroom at $219,900.

Last year, 5 homes sold in April, 2011. Two bedrooms had an average price of $225,000 and one bedrooms $118,000

So, we have listings in the $300’s, Pending Sales at $275 and a sold property at $219. Looks like prices are starting to climb in Plaza Midtown. Of course, this upward progress will depend on any additional foreclosure or short sale listings.

To learn more about this unique Midtown Atlanta condo living opportuntiy that has a Publix Market on the street level, take a look at the Plaza Midtown Atlanta Community Page!

Thinking about Selling your Plaza Midtown Atlanta condominium? Contact us to discuss our Marketing Plan for YOUR home!

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(all data current as of 12/21/2024)


FMLS Logo Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2024 FMLS.
Data last updated: 12/21/24 9:52 AM PST.

Walk Score provided by walkscore.com.

 
 

Midtown Atlanta Market Report | Plaza Midtown March 2012

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As this series of Midtown Atlanta Market Reports come out for March, I’m still amazed at the level of inventory, or lack thereof in ALL of the Midtown Atlanta condo buildings.  So, let’s look at Plaza Midtown, March 2012

 Midtown Atlanta Market Report Plaza Midtown March 2012

Only 4 Active Listings certainly does not give a Buyer many options in the Midtown Atlanta Condo Market! The List Prices range from a low of $156,000 to a high of $389,900. (That one may be a challenge given recent sales and the prices in the building.)

The Pending Lender Approval listing prices range from $129,000 to $219,900 for a 2 bedroom. (See why that $389,000 may be tough sell?)

The one listing sold was $145,000 for a 1 bedroom home.

Plaza Midtown Atlanta is a popular living option in Midtown. A unique feature to Plaza Midtown Atlanta is the accessibility to a Publix Urban Market without ever leaving the building. Yep….grocery shop and never leave your condo building…..Totally Cool!  The street level retail is almost complete as well with restaurants such as Marlow’s Tavern, Steel Restaurant, Dressed Salads and other shops.

Plaza Midtown Atlanta is convenient to Technology Square and the Geoorgia Tech Hotel and Conference Center and the PNC Building. If you need to get further onto the GATech campus from the community, the Tech Trolley stops just across the street at the Midtown MARTA station on Peachtree Place.

Convenience, style, views and location all equal Plaza Midtown Atlanta at Spring, 8th, West Peachtree and Peachtree Place!

Thom Abbott

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

 
 
 
 
 
 
 
 
 
 

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