As we look at the Midtown Atlanta Market Report for The Dakota Condominiums for June, 2012, it’s a great indicator of the reduced inventory available to Midtown Atlanta condo buyers!
That’s right — ONE listing (a 1-bedroom) at $229,000, ONE Pending Sale of a 2-bedroom at $259,000 and ONE Sold last month, a 2-bedroom at $289,000.
Not much to report in the Midtown Atlanta Market Report for The Dakota Condominiums for June, 2012! Sought after townhome floor plans are not For Sale, and most likely because many of them sold back in the height of the market and Seller’s would be taking a huge loss on the sale.
The Dakota Condominiums are a desirable building as they offer spacious floor plans in a variety of 1 and 2 bedroom flats and the 2-story townhome floor plans. While the community does not have a lobby entrance and 24-hour concierge, it’s a great community with a roof-top pool, fitness room and convenient to Peachtree Street and Piedmont Park.
We’ll keep an eye on activity at The Dakota Condominiums and see when things start to pick up in listings and sales.
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