Top 40 Atlanta Luxury Condo Sales for 2011 (yearly)

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:

1. Sovereign Penthouse B – Unit 4802 | Closed on 5/24 for $5,000,000 (MLS Available Properties)
2. St Regis Residences Buckhead Unit 1730 | Closed on 10/20 for $3,300,000 (MLS Available Properties)
3. Ritz-Carlton Residences Buckhead Penthouse 3401 | Closed on 3/16 for $2,582,500 (MLS Available Properties)
4. Ritz-Carlton Residences Buckhead Unit 3402 | Closed on 12/1 for $2,414,394 (MLS Available Properties)
   
5. The Mansion on Peachtree Unit 41B | Closed on 11/18/ for $2,150,005 (MLS Available Properties)
6. Sovereign Unit 4301 | Closed on 2/7 for $2,100,0000 (MLS Available Properties)
7. Sovereign Unit 4201 Closed on 5/2 for $1,975,0000 (MLS Available Properties)
8. Sovereign Unit 4101 | Closed on 2/24 for $1,775,000 (MLS Available Properties)
9. Sovereign Unit 3901 | Closed on 6/15 for $1,750,000 (MLS Available Properties)
10. 10 Terminus Place Penthouse 3201 | Closed on 2/15 for $1,700,000 (MLS Available Properties)
11. The Bellingrath Unit 3 | Closed on 11/29 for $1,350,000 (MLS Available Properties)
12. Sovereign Unit 3101 | Closed on 4/13 for $1,310,000 (MLS Available Properties)
13. Sovereign Unit 3304 | Closed on 8/12 for $1,300,000 (MLS Available Properties)
14. 10 Terminus Place Penthouse 3101 | Closed on 2/15 for $1,300,000 (MLS Available Properties)
15. The Aberdeen Unit 1101 | Closed on 8/29 for $1,285,250 (MLS Available Properties)
16. Regents Park Unit 10 | Closed on 5/25 for $1,200,000 (MLS Available Properties)
17. Park Avenue Unit 29S | Closed on 12/15 for $1,165,000 (MLS Available Properties)
18. The Brookwood Unit 1901 | Closed on 10/6 for $1,135,700 (MLS Available Properties)
19. Ritz-Carlton Residences Buckhead Unit 3107 | Closed on 12/14 for $1,113,500 (MLS Available Properties)
20. Ritz-Carlton Residences Buckhead Unit 2507 | Closed on 6/15 for $1,073,500 (MLS Available Properties)
21. Regents Park Unit 9 | Closed on 10/21 for $1,050,000 (MLS Available Properties)
22. West Wesley Townhomes Unit 4 | Closed 12/2 for $1,000,000
23. One Brookhaven Unit 204| Closed on 6/03 for $1,000,000 (MLS Available Properties)
24. West Wesley Townhomes Unit 3 | Closed 11/2 for $1,000,000
25. Gallery Unit PH 2601 | Closed on 9/23 for $1,000,000 (MLS Available Properties)
26. Gallery Residences Penthouse 2602 | Closed on 3/31 for $1,000,000 (MLS Available Properties)
27. West Wesley Townhomes Unit 5 | Closed 10/28 for $990,000
28. West Wesley Townhomes Unit 1 | Closed 11/7 for $980,000 
    
29. Park Place Unit 37E&F | Closed on 8/01 for $975,000 (MLS Available Properties)
30. The Brookwood Unit 2001 | Closed on 11/11 for $970,000 (MLS Available Properties)
31. Ritz-Carlton Residences Buckhead Unit 1801 | Closed on 7/22 for $956,725 (MLS Available Properties)
32. The Astoria Unit 904 | Closed on 2/11 for $935,000 (MLS Available Properties)
33. Above the Four Seasons Unit 4310 | Closed 12/19 for $919,900 (MLS Available Properties)
34. 2500 Peachtree Unit 704 |Closed on 10/26 for $895,000 (MLS Available Properties)
35. 2500 Peachtree Unit 606 |Closed on 11/29 for $830,000 (MLS Available Properties)
    
36. Ritz-Carlton Residences Buckhead Unit 2304 | Closed on 10/06 for $805,000 (MLS Available Properties)
    
37. Ritz-Carlton Residences Buckhead Unit 2104 | Closed on 12/13 for $799,500 (MLS Available Properties)
38. Ritz-Carlton Residences Buckhead Unit 2404 | Closed on 8/04 for $799,500 (MLS Available Properties)
39. The Atlantic Unit 4502 | Closed on 7/01 for $733,033 (MLS Available Properties)
40. Astoria Unit 901| Closed on 7/29 for $726,000 (MLS Available Properties)

There were some really great deals on luxury properties toward the beginning of the year. The two Terminus penthouses that closed in February were amazing. Remember the largest Terminus penthouse had an enormous 4,000+ terrace? That sold at a huge discount for $1,700,000. And what about the Sovereign penthouse that closed for a cool $5,000,000, down from its original asking price of $9,520,000.

There are still some great properties available, so take advantage of the current market conditions and make the plunge. If you are thinking of buying or selling, please contact me!

As always, remember to register on my condo website for automatic updates.