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

The days are flying by and we are pretty close to the end of the year. I’ve been super busy as the market continues to heat up and our inventory continues to shrink. I pulled the highest sales for the third quarter and the results were interesting. New construction condos are continuing to sell very well in all price ranges. Since this post is about the upper price range, I have targeted the highest sales above $700,000. You’ll notice that buyers are now going to a variety of properties and not just Sovereign like last quarter (which pretty much dominated the highest closings).

So what does the top 8 list look like?

1. Sovereign Unit 3304 | Closed on 8/12 for $1,300,000 (MLS Available Properties)
   
2. The Aberdeen Unit 1101 | Closed on 8/29 for $1,285,250 (MLS Available Properties)
3. Gallery Unit PH 2601 | Closed on 9/23 for $1,000,000 (MLS Available Properties)
4. Park Place Unit 37E&F | Closed on 8/01 for $975,000 (MLS Available Properties)
5. Ritz-Carlton Residences Buckhead Unit 1801 | Closed on 7/22 for $956,725 (MLS Available Properties)
6. Ritz-Carlton Residences Buckhead Unit 2404 | Closed on 8/04 for $799,500 (MLS Available Properties)
7. The Atlantic Unit 4502 | Closed on 7/01 for $733,033 (MLS Available Properties)
8. Astoria Unit 901| Closed on 7/29 for $726,000 (MLS Available Properties)

There is plenty of activity in the lower price range also. The under $300,000 category continues to thrive and we are starting to see a sellers market emerge. Surprising and exciting!

Next quarter we’ll see the first sale happen at the Mansion on Peachtree (since the new owners took over) and another building which has recently come back to market. Exciting stuff for the condo market and a definite sign the market is coming back to life in full force.

Today I’m bringing you photos from the second model home I toured at The Aberdeen. This home has a more traditional layout and buyers who are accustom to living in a single-family house will find it’s layout familiar and comforting. The Inverness model features two large bedrooms (each with a private bath), a huge living room, separate dining room and den. There is also a really nice terrace to enjoy the skyline view. 

There is much more to this post, including more photos! Click Here for More Photos & the Rest of the Feature

When I visited The Aberdeen, the final touches were being placed throughout the property. Lucky for me and you, the models were finished, it was a beautiful day and I was able to bring you these interior shots. All of the homes I toured live like single-family residences and have all the elements you’d find in most Buckhead builder homes. Click Here for More Photos & the Rest of the Feature

Vinings has always been a great place to call home, especially if you don’t want to live in the city of Atlanta. As a resident living in Vinings, you will enjoy low Cobb County tax benefits. This can amount to huge savings if you don’t mind the short drive to Buckhead, Midtown and the Perimeter. It really makes Vinings and The Aberdeen quite attractive.  Click Here for More Photos & the Rest of the Feature