Highest Atlanta Condo Sales for March 2025

Q1 2025: Tracking the Momentum of Atlanta’s Luxury Condo Market

Atlanta’s high-end condo market remained active and diverse through the first quarter of 2025, with a mix of strong price points, competitive bidding, and shifting momentum. In March 2025, eight notable sales over $1 million closed across a variety of properties, capping off a dynamic Q1 that saw both high-dollar volume and one of the city’s most significant condo sales to date.

March Sales: One Building, One Buyer at a Time

In March alone, the average sale price among $1M+ condos was $1,777,375, with a price per square foot (PSF) of $720.32. Each sale occurred in a different building, from long-established towers like Park Avenue to the newly delivered Dillon Buckhead, highlighting a wide spectrum of buyer interest. The highest March sale went to Park Avenue Unit 37SW, a sprawling 5,700-square-foot residence that closed at $3.5 million, while the smallest was a 1,639-square-foot unit at Peachtree Hills Place, closing at $1.175 million. On average, units measured 2,505 square feet, showing just how varied these luxury offerings can be.

Seller Confidence Grows, Concessions Shrink

Buyer urgency was somewhat tempered in March, with an average of 87 days on market. However, individual sales varied widely—from a quick 5-day closing at Sovereign to a 225-day journey at Peachtree Hills Place. Notably, seller concessions were modest. While the total given back across all March sales was just $45,580, the median concession was only $590, and half of the units had zero seller-paid costs. This suggests many sellers remained in a strong negotiating position, especially for newer or well-positioned listings.

January: Volume Wins the Month

Looking back at January 2025, the year opened strong with 17 sales over $1M and a total sales volume of over $28 million. The average sale price was slightly lower than March, at $1.66 million, but the month featured six sales above $2 million, showing strong early-year activity. The Dillon Buckhead Unit 1701 led the pack, closing at $2,799,000 ($1,111.60 PSF). However, the average days on market stretched to 123, influenced by pre-construction contracts and delayed closings.

February: Fewer Sales, Massive Statement

February brought fewer transactions—just seven over $1M—but it also delivered one of Atlanta’s most headline-worthy closings: Graydon Buckhead’s PH 2102, which sold for $8.7 million. Originally listed at $13.9 million, it underwent multiple price adjustments before finally closing within just 14 days of its latest relisting. This sale not only reset market expectations but also demonstrated the power of strategic pricing, even at the very top of the luxury spectrum.

Q1 Takeaways: Pricing Precision & Measured Pace

February’s average days on market dipped to 110, a modest improvement over January, signaling a slightly more nimble market. Seller-paid incentives were more common in January (averaging $15,701 per sale), while March saw a much leaner average of $5,698. This shift may reflect increasing seller confidence or stronger buyer competition heading into spring.

Across the board, one clear trend holds: Luxury buyers are seeking both quality and value—but they’re willing to pay for it. Whether purchasing in classic towers or modern builds, they’re choosing thoughtfully and moving quickly when the opportunity is right. With inventory spread across multiple neighborhoods and buildings, and a wide range of price points per square foot, Atlanta’s luxury condo market continues to be dynamic, competitive, and full of nuance.

Spring Surge? 14 Pending Sales Say Outlook Is Positive

And the story isn’t slowing down. As of mid-April, there are already 14 pending sales over $1 million slated to close in April and May, indicating that buyer interest is staying strong into the second quarter. While it’s too early to forecast how those numbers will stack up, the early activity suggests that Atlanta’s luxury condo market is keeping its momentum—and may be in for an even stronger spring.

Here’s the March 2025 Highest Condo Sales, ordered from Highest to Lowest Sale:

1. Park Avenue Unit 37SW, Closed on 03/17/2025 for $3,500,000 ($614.04 PSF) Photo Courtesy of: Compass Georgia, LLC

2. Graydon Buckhead Unit 603, Closed on 03/17/2025 for $2,600,000 ($1,016.82 PSF) 

3. The Charles Unit 1405, Closed on 03/10/2025 for $1,825,000 ($732.34 PSF) Photo Courtesy of: Compass Georgia, LLC

4. Sovereign Unit 3305, Closed on 03/31/2025 for $1,450,000 ($683.64 PSF)

5. The Dillon Buckhead Unit 1111, Closed on 03/07/2025 for $1,449,000 ($746.14 PSF) Photo Courtesy of: Atlanta Fine Homes Sotheby’s International

6. 40 West 12th Unit 1202, Closed on 03/12/2025 for $1,190,000 ($720.34 PSF) Photo Courtesy of: Engel & Volkers Atlanta

7. Peachtree Hills Place Unit 435, Closed on 03/31/2025 for $1,175,000 ($716.90 PSF) Photo Courtesy of: Keller Williams Buckhead

8. Alpharetta Lofts Unit 304, Closed on 03/12/2025 for $1,030,000 ($532.30 PSF) Photo Courtesy of: Berkshire Hathaway HomeServices Georgia Properties

** These results do not include any inventory under contract or active which a developer has not listed in the MLS. Also, it does not include any town home units. **

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