If you have been reading my quarterly results posts, you will notice in previous periods the sales in the upper ranges were few and far in between. The new data now shows the train has indeed left the station and more buyers are purchasing condos above the $800,000 price range. This is more than double the transactions from last quarter (on my previous list). The results are encouraging and exciting. As a side note, only two transactions on my list were cash and the rest were all financed (lenders are now starting to get comfortable with giving money to buyers in high-end condos).

I have targeted the highest sales above $800,000. Missing from the fourth quarter is Sovereign which had closings in every quarter up to now. But don’t worry, they have a condo under contract for $2,700,000.

1. St Regis Residences Buckhead Unit 1730 | Closed on 10/20 for $3,300,000 (MLS Available Properties)
2. Ritz-Carlton Residences Buckhead Unit 3402 | Closed on 12/1 for $2,414,394 (MLS Available Properties)
   
3. The Mansion on Peachtree Unit 41B | Closed on 11/18/ for $2,150,005 (MLS Available Properties)
4. The Bellingrath Unit 3 | Closed on 11/29 for $1,350,000 (MLS Available Properties)
5. The Brookwood Unit 1901 | Closed on 10/6 for $1,135,700 (MLS Available Properties)
6. Park Avenue Unit 29S | Closed on 12/15 for $1,165,00 (MLS Available Properties)
7. Ritz-Carlton Residences Buckhead Unit 3107 | Closed on 12/14 for $1,113,500 (MLS Available Properties)
8. Regents Park Unit 9 | Closed on 10/21 for $1,050,000 (MLS Available Properties)
9. West Wesley Townhomes Unit 4 | Closed 12/2 for $1,000,000
10. West Wesley Townhomes Unit 3 | Closed 11/2 for $1,000,000
11. West Wesley Townhomes Unit 5 | Closed 10/28 for $990,000
12. West Wesley Townhomes Unit 1 | Closed 11/7 for $980,000 
    
13. The Brookwood Unit 2001 | Closed on 11/11 for $970,000 (MLS Available Properties)
14. Above the Four Seasons Unit 4310 | Closed 12/19 for $919,900 (MLS Available Properties)
15. 2500 Peachtree Unit 704 |Closed on 10/26 for $895,000 (MLS Available Properties)
16. 2500 Peachtree Unit 606 |Closed on 11/29 for $830,000 (MLS Available Properties)
    
17. Ritz-Carlton Residences Buckhead Unit 2304 | Closed on 10/06 for $805,000 (MLS Available Properties)
    
18. Ritz-Carlton Residences Buckhead Unit 2104 | Closed on 12/13 for $799,500 (MLS Available Properties)

Aside from these results, there are 12 Pending Sales in FMLS (First Multiple Listing Service) ranging from $618,000 to $2,700,000 and 209 Pending Sales ranging from $200,000 to $579,900 as of today. So yes, there is activity in the market. This does not include units under contract that are not listed in the MLS, like from new construction developer units. And, as we learned in the past, we can’t count on pending sale because they may or may not close. What we can count on are solid sales.

The St. Regis Residences in Buckhead has been quietly racking up big dollars in sales ever since they opened – about $80,000,000 so far. Most residences take up a quarter, half or even a full floor. It just depends on how much space you need. Each unit has a beautiful covered terrace complete with a fireplace and built-in gas grill. The condos are gracious in proportion and are custom designed with anything you need. There are a number of great condos left in the building and many are still raw space – meaning you can decide where to place your walls, bathrooms, etc… Click Here for More Photos & the Rest of the Feature

I hope you have a wonderful Christmas holiday! I’m looking forward to taking a few days off to celebrate with my family and friends.

The St. Regis Hotel & Residences has the most spectacular Christmas tree as you enter the lobby. It features 88 hand-blown glistening glass ornaments created by world-renowned Frabel Glass Art Studio. Honoring the hotel’s distinguished address at 88 West Paces Ferry Road, each ornament has been custom made for The St. Regis Atlanta by Hans Godo Frabel, longtime Atlanta resident and celebrated glass artist. Make sure you check it out!

Merry Christmas!

The St. Regis Hotel Atlanta brings the year to a close with a really great selection of holiday offerings. Why not take some time to enjoy the hotel with your friends and family? Click Here for More Photos & the Rest of the Feature

I was at the St. Regis Hotel & Residences in Buckhead today and was delighted to find out I could enjoy ice skating every day during the holiday season! The Astor Holiday Ice Skating Rink is located on the 7th floor overlooking the Pool Piazza and is open to hotel guests and area residents. Click Here for More Photos & the Rest of the Feature

Last week I went to the St. Regis Hotel & Residences, Atlanta to take a look at a finished 14th floor condominium. It is a completely custom unit. Everything from the floor plan to the granite and millwork has been chosen for this single unit and no other condo in the building will look the same. So if you are looking for something truly unique, look no further. Click Here for More Photos & the Rest of the Feature

If you haven’t been to the Showhouse at the St. Regis Hotel & Residences, you need to check it out. It’s a terrific opportunity to take a look at 3 amazing condos which are available for purchase. I know many of you are curious and want to take a look, but don’t want to go through the sales presentation. Get yourself there!  Click Here for More Photos & the Rest of the Feature