I'm not quite sure what happened to this year! I mean, here it is April May, and I'm just getting the 2014 Top Ten Selling Midtown Atlanta Condo report out! Yikes! But it is interesting to see the changes and how things have ranked. I've also noted the rankings from 2013 and 2012 alongside the name of each building. There will be links at the end of this post to the 2013 and 2012 posts!
10. Windsor Over Peachtree (Not ranked in the Top Ten for 2012 or 2013)
- 15 One Bedroom Homes -- Sales Price from $56,000 - $84,000 -- Average Sold Price: $73,600
- 7 Two Bedroom Homes -- Sales Price from $95,900 - $167,500 -- Average Sold Price: $147,486
9. A Three-Way Tie --
- M West (26 Homes Sold) -- 1 One Bedroom home at $199,900; 24 Two Bedrooms Sale Price Range $201,900 - $281,500 -- Average Sold Price: $232,877; One 3-Bedroom Sold at $310,000
- Dakota (26 Homes Sold) -- 4 One Bedrooms Sale Price Range $242,000 - $274,900 -- Average Sold Price -- $257,200; 22 Two Bedrooms Sale Price Range $307,000 - $461,000 -- Average Sold Price -- $382,225
- Tuscany (26 Homes Sold) -- 14 One Bedrooms Sale Price Range $145,500 - $165,000 -- Average Sold Price -- $156,421; 12 Two Bedroom Homes Sale Price Range of $202,500 to $258,500 and the Average Sold Price was $230,033.
For 2012 and 2013, M West and Dakota Condominiums were not in the Top Ten. Tuscany was 9th in 2012 and 10th in 2013!
8. Cornerstone Village (28 Homes Sold) #7 in 2013 and #8 in 2012
- 21 One Bedroom Homes with a Sale Price range from $95,000 - $175,000. Average Sold Price -- $131,981
- 7 Two Bedroom Homes with a Sale Price range from $193,500 - $239,000. Average Sold Price -- $219,957
7. Peachtree Lofts (32 Homes Sold) (Not ranked in 2013 and #7 in 2012)
- 25 One Bedroom Homes with a Sale Price range from $115,000 - $197,500. Average Sold Price -- $155,469
- 7 Two Bedroom Homes with a Sale Price range from $184,900 - $272,000. Average Sold Price -- $239,629
6. Spire Midtown (40 Homes Sold) (#5 in 2013 and #4 in 2012)
- 31 One Bedroom Homes with a Sale Price Range from $160,000 - $265,000. Average Sold Price -- $195,868
- 9 Two Bedroom Homes with a Sale Price Range from $319,000 - $395,000. Average Sold Price -- $344,788
5. Park Central (42 Homes Sold) (#3 in 2013 and #5 in 2012)
- 21 One Bedroom Homes with a Sale Price Range from $149,000 - $180,000. Average Sold Price -- $167,338
- 21 Two Bedroom Homes with a Sale Price Range from $199,000 - $245,000. Average Sold Price -- $234,180
4. A Two-way Tie --(43 Homes Sold Each)
- Mayfair Renaissance/Tower -- 17 One Bedroom Homes with a Sale Price Range from $130,000 - $225,00 and the Average Sold Price -- $172,994. There were 26 Two Bedroom Homes with a Sale Price Range of $190,000 - $500,000 with the Average Sold Price being $290,535. (#9 in 2013 and #10 in 2012)
- 1010 Midtown -- 15 One Bedroom Homes with a Sale Price Range from $242,000 - $290,000 and the Average Sold Price -- $277,167. There were 26 Two Bedroom Homes with a Sale Price Range from $390,000 - $734,900 and the Average Sold Price was $517,875. Additionally, there were 2 Three Bedroom homes that sold at $670,000 and $880,000, giving them an average Sold Price of $775,000. (#1 in 2013 and 2012)
3. Viewpoint Midtown Atlanta -- (54 Homes Sold) (#2 in 2013 and #3 in 2012)
- 14 One Bedroom Homes with a Sale Price Range from $185,000 - $259,000 and the Average Sold Price - $228,214.
- 39 Two Bedroom Homes with a Sale Price Range from $239,000 - $414,000. Average Sold Price -- $331,297
- One Penthouse Home sold at $874,900.
2. Plaza Midtown (57 Homes Sold) (#6 in 2013 and 2012)
- 22 One Bedroom Homes with a Sale Price Range from $178,395 -$241,000. Average Sold Price $200,882
- 35 Two Bedroom Homes with a Sale Price Range from $255,000 -$380,000. Average Sold Price $325,611
And the Number One Selling Midtown Atlanta Condo building for 2014 is....
1. Metropolis Midtown (58 Homes Sold) (#4 in 2013 and #2 in 2012)
- 42 One Bedroom Homes with a Sale Price Range from $132,400 -$250,000. Average Sold Price $184,153
- 16 Two Bedroom Homes with a Sale Price Range from $227,00 - $323,000. Average Sold Price $280,088
During 2012 and 2013, 1010 Midtown had the most inventory and it was the only new construction option available in Midtown. Hence, the reason they held onto that #1 position for two years! But now you can see the shift in what is selling! If you have any questions about the market in general, or perhaps your building specifically, please contact me. I'd be happy to answer any questions you may have.
Top 10 Midtown Atlanta Condo Buildings 2013
Top 10 Midtown Atlanta Condo Buildings 2012
This post originally appeared at MyMidtownMojo.com
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