Highest Atlanta Condo Sales for August 2025

August 2025: Strong Pricing and Selective Buyers Shape Atlanta’s $1M+ Condo Market

Top Sales and Market Volume

August brought eight luxury condo closings above $1 million, totaling more than $13.2 million in volume. The average sale price landed at $1.65 million, signaling a steady high-end segment that continues to draw serious buyers even as overall momentum moderates. Transactions ranged from $1.025 million at Park Place on Peachtree to $3.5 million at the St. Regis, which also commanded the month’s highest price per square foot at $847.

Notably, three of the month’s top five sales were penthouse residences, underscoring a clear preference among buyers for elevated living spaces with premier views, larger layouts, and signature finishes. It’s a strong indicator that even in a measured market, true top-floor inventory continues to outperform.

Pricing Power Holds

Overall, pricing remained strong with an average of $656 per square foot, showing that well-positioned properties continue to hold value across key neighborhoods like Buckhead and Midtown. Park Place represented the most accessible price point at $426 PSF, while the St. Regis reaffirmed its place at the top of Atlanta’s luxury hierarchy. These contrasting figures underscore a broad spectrum of opportunity within the upper-tier condo market, from established buildings with enduring appeal to full-service addresses that define prestige living.

Editor’s Note: The St. Regis sale wasn’t quick or painless. After almost two full years on and off the market and a $1.6 million price reduction, the residence finally found its buyer at $3.5 million. The result underscores the old adage — price it right the first time. Even at the very top of the market, strategic pricing remains the single most powerful marketing tool.

Pace of Sales Widens

Days on Market revealed a broader split between quick sales and patient negotiations. The average DOM reached 116 days, though performance varied sharply. J5’s Unit 624 closed immediately at $1.65 million with zero days on market, a clear sign that competitively priced, move-in-ready homes still command attention. On the opposite end, 40 West 12th’s Unit 1005 spent 429 days on the market, a reminder that even luxury listings require time and strategy when buyer priorities shift.

Month-to-Month Momentum

Compared to July, overall activity remained steady, with transaction counts nearly identical month to month. Total dollar volume edged slightly higher in August, while price per square foot eased modestly, reflecting subtle re-calibration rather than real decline. Days on market widened, showing more variance between fast-moving, well-priced listings and those requiring longer exposure. Seller concessions, which were already limited in July, virtually disappeared in August, underscoring firm seller confidence. Unit sizes trended a bit smaller, and interest leaned more toward established in-town buildings versus the suburban and mixed-use properties that saw stronger representation in July.

Space and Value Trends

The average home spanned 2,467 square feet, appealing to buyers prioritizing space and flexibility. The largest residence, a 4,132-square-foot home at the St. Regis, led the month in both size and price, while the smallest, at 1,525 square feet, reflected continued appetite for right-sized luxury. Seller-paid costs were nearly nonexistent, totaling just $3,000 across all eight closings, a clear sign that sellers maintained leverage throughout the negotiation process.

The Takeaway

August’s $1M+ results tell a story of balance rather than volatility. Buyers are selective but motivated, and sellers remain confident where value is clear. Large floor plans, strong amenities, and prime locations continue to drive interest, even as time on market stretches for some listings. The takeaway is simple: pricing power remains, but precision matters more than ever.

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

1. St Regis Residences Buckhead Atlanta Unit 1740, Closed on 08/25/2025 for $3,500,000 ($847.05 PSF) Photo Courtesy of: Beacham & Company

2. 40 West 12th Unit 1005, Closed on 08/28/2025 for $1,850,000 ($726.34 PSF) Photo Courtesy of: Engel & Volkers Atlanta

3. The Brookwood PH 2002, Closed on 08/22/2025 for $1,741,150 ($776.95 PSF)

4. J5 Midtown Atlanta PH 624, Closed on 08/17/2025 for $1,650,000 ($550.00 PSF) Photo Courtesy of: Atlanta Fine Homes Sotheby’s International Realty

5. Spire Midtown PH 2801, Closed on 08/14/2025 for $1,260,000 ($672.00 PSF) Photo Courtesy of: Zach Taylor Real Estate

6. Gallery Buckhead Unit 906, Closed on 08/15/2025 for $1,100,000 ($547.26 PSF)

7. 40 West 12th Unit 1701, Closed on 08/04/2025 for $1,075,000 ($704.92 PSF) Photo Courtesy of: Home Real Estate LLC

8. Park Place on Peachtree Unit 30G, Closed on 08/28/2025 for $1,025,000 ($426.55 PSF) Photo Courtesy of: Keller Williams Realty Peachtree Road

** 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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