Condos Coming Back to Midtown

Atlanta condos

Despite weary investors and nervous developers, condo projects are finally popping up in the Midtown. There are currently three condo developments in the pipeline for this submarket – Seventh Midtown, One Museum Place, and Ansley Green. The pre-sale success of these projects is a good indicator that the Atlanta market is finally ready for this kind of development; even with the additional inventory, there are still more condos being sold than are being listed. Midtown has become a seller’s market since this time last year, with inventory dropping as much as 5% per month and average selling price increasing over the last several months.

0

Add a Comment