Chances are if you are going to my condo site (http://www.atlantaSKYrise.com) and blog, you are probably looking to view property listings and get as much detailed condo information as possible. I know there are numerous websites you can use to get information and search properties, but my goal is to have a content rich site where you can do everything you need, all in one place.

My site is updated throughout each and every day with the newest properties to hit the market, so it will show every single property available in Atlanta and the surrounding areas – provided they are listed in the MLS. For newer condo buildings, please contact me to find out what is available. Sometimes the developer/seller will only put a handful of listings in the MLS, while there are still a good number available to purchase. Remember to sign up for automatic updates!

Highlights on atlantaSKYrise ®:

• Convenient drop down to select your luxury condo project
• Access to all available Atlanta Penthouse listings – use the handy Penthouse Slider for quick access
• Multiple Options available to view available properties (with quick links to New Condo Listings, Price Drops and Foreclosures)
  • Search by Interactive map
  • Search by Radius *NEW
  • Search the entire MLS database live. Search condos, plus single family homes and & rentals
  • Search within a specific map area
  • Search pre-foreclosure and foreclosures
  • Search for price changes
• Register to save your searches and favorite properties
• Receive email alerts when I update my blog or send my e-blasts

Here is a recap of the most recently updated MLS features on atlantaSKYrise.com:

Highlight updates include: Full Screen Mode, Search Active, Backup/Contingent and Pending Listings, Radius Search Option, Birds Eye View of Property Location, Similar Listings Tab, Multiple Listing Price History, Add RSS Feeds for Easy Viewing of New/Updated Property Listings, Include Just or Exclude Pre-Foreclosure, Short Sale, Bank/Lender Owned Properties.

Click the link to right to continue reading the post. Click Here for More Photos & the Rest of the Feature

It’s yet another stellar number for a high-profile building in Buckhead.

The Ritz-Carlton Residences Buckhead managed to close 55 of its luxury condominiums in Buckhead, closing $39,570,400 in 2012 (with an average sales price of $719,462). It’s another great number for the condo market, as out inventory continues to dwindle. With no new condo buildings for 2013 and beyond (except rental buildings), I expect to see a very strong resale market in the not-so-distant future.

So how did the Ritz-Carlton Residences Buckhead manage to close so many units last year? They had the benefit of waiting to come to market until the timing was right. Other buildings came to market and then had to reduce their pricing in order to generate sales – like Terminus (remember those huge discounts?). The developers of 3630 Peachtree were quite smart in waiting. There have been no severe price reductions and buyers were able to get a lot for their money. Each unit comes with a storage space, a minimum of two-parking spaces (even for a one-bedroom unit), motorized shades and a complete kitchen Viking® appliance package (including a gas range), plus a washer/dryer. And lets not forget the legendary services of the Ritz-Carlton as well.

What’s left for sale in the building? Check it out below, but call me for information. They have limited inventory.

Since re-launching its sales program, The Residences at W Atlanta – Downtown has sold 12 of its 74 units in 2012 for a total of $3,896,800. (The average sales price for a unit sold in 2012 is $324,733.)

While not earth shattering numbers by any means, it does show the new pricing in the building has started to attract buyers in the downtown Atlanta area. I knew it would be a slow start, but hopefully they are going to pick up some momentum this year. I think the condos are absolutely gorgeous, with sleek Italian kitchens, floor-to-ceiling-windows and fantastic amenities/services of the W Hotel brand. There are plenty of investor leasing permits available, so contact me if you are interested!

I’m curious to know why you think the condos have been not selling as quickly as other buildings around town. Comment on my post here or send me a private message.

What’s for sale at The Residences at W Atlanta – Downtown?

Regent Partners has been on a roll lately and condo sales in the ultimate luxury Buckhead tower, Sovereign, have picked up steam. In 2012, 19 luxury condominiums sold for a total of $30,262,500 – which works out to be an average of $1,592,763 per unit. Compare that with 1010 Midtown closing just under the same dollar value ($29 million), but having to sell 82 more units to get there. And no, I’m not comparing the two buildings, just dollar values.

About half of the buyers at Sovereign opted to finance their purchases, while half paid cash. Financing options have become more favorable for condo buyers, which is why we are finally seeing buildings around town close more of their units.

Oh yeah, and I closed two sales in the building last year (units 4502 and 3203) for a combined total of $2,925,000.

What’s for sale at Sovereign in Buckhead, Atlanta?

1010 Midtown had a huge year and managed to close 101 condominiums for $29,577,904  in 2012. Thus far, 1010 Midtown has closed about 309 of it’s 443 units (70% according to my calculations).

With inventory dwindling, buyers are scrambling to purchase the remaining new construction inventory around town. Once these newer condo buildings are completely sold out of the developer inventory, there really isn’t anything new on the horizon – with the exception of rental buildings. I am thinking the rental market is going to become saturated, but we’ll have to wait and see.

What’s for sale at 1010 Midtown?

These are the sales I have compiled over the course of the year noting the 40 highest luxury condo sales for 2011! Sovereign and the Ritz-Carlton appear most often on the list, along with some additional new construction buildings (and some resales too). I kept track of the 40 highest closed luxury property sales, which resulted in $55,344,507 in sales. It’s probably not as high as we would like it, but the market has picked up significantly and this year has started off with a bang!

This is the list, ordered from the highest sale to the lowest: Click Here for More Photos & the Rest of the Feature

Highlights on atlantaSKYrise ®:

• Convenient drop down to select your luxury condo project
• Access to all available Atlanta Penthouse listings – use the handy Penthouse Slider for quick access
• Multiple Options available to view available properties (with quick links to New Condo Listings, Price Drops and Foreclosures)
  • Search by Interactive map
  • Search by Radius *NEW
  • Search the entire MLS database live. Search condos, plus single family homes and & rentals
  • Search within a specific map area
  • Search pre-foreclosure and foreclosures
  • Search for price changes
• Register to save your searches and favorite properties
• Receive email alerts when I update my blog or send my e-blasts

Remember to sign up for automatic updates!