2020 Year-End Developer Services Market Intelligence by evatlanta

2020 YEAR-END ATLANTA MARKET INTELLIGENCE

ANALYSIS OF NEW & RESALE CONDOMINIUM, TOWNHOME, & LUXURY SINGLE FAMILY HOME SALES ACTIVITY

2020 Y E A R - E N D

M I D T O W N B U C K H E A D I N T O W N D O W N T O W N M E T R O

M A R K E T

AT L A N T A

I N T E L L I G E N C E

2020 Year-End Market Intelligence Report Take an exclusive, inside look into the sales activity in Atlanta and Metro-Atlanta.

Contents About Us & Current Market Conditions

2 - 13

Overview: Condominium & Townhome Market

14 - 17

Luxury Condominium & Townhome Market

18 - 27

Condominium Price Trends

28 - 35

Condominium Resale Market

36 - 53

New Condominium Developments

54 - 95

New Townhome Developments

96 - 159

Single Family Market by County

160 - 167

Luxury Single Family Market

168 - 172

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ENGEL & VÖLKERS

Our Company Engel & Völkers Atlanta has quickly become a leader in providing premier real estate services to the intown and metro area markets. Utilizing our global, national and regional networks of relationships has positioned Engel & Völkers Atlanta with a robust system of referrals and provides a comprehensive umbrella of exposure for all of our listings. With an emphasis on balancing quantitative and qualitative research, the Developer Services division of Engel & Völkers Atlanta provides developers, builders, investors and financial institutions with a single source for market research and analysis, project programming, product pricing, marketing strategy and on-site sales execution. Our team of experienced, industry-leading professionals utilize cutting edge technologies and integrated sales processes to successfully market and sell a diverse range of residential real estate products including condominiums, townhomes and single-family detached homes, both in single-use and mixed- use developments.

General Brokerage Resale Real Estate

Developer Services and New Home Sales

Engel & Völkers is one of the world’s leading service companies specialized in the sale and rental of premium residential property with extraordinary services available at any price point.

With decades of new home sales and marketing experience, Developer Services provides a broad scope of services uniquely targeted to meet our clients individual needs.

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Services and Capabilities

ECONOMIC INSIGHT

PRICING INSIGHT

There are a multitude of economic variables at the global, national and regional levels that impact real estate markets; we monitor these trends and ensure that our guidance incorporates these insights.

Leveraging our real-time experience, buyer feedback, agent feedback, and comprehensive market reporting, we translate what is happening in the market to forecast the highest price your project can achieve.

CONSUMER INSIGHT

MARKET INSIGHT

We utilize a variety of resources to identify the audience within a development, gain insights into their communication preferences, and tailor a marketing strategy and sales process to effectively convert prospects to buyers.

We keep our finger on the pulse of supply and demand dynamics through a disciplined data gathering and analysis process to ensure that our recommendations incorporate the latest market related insights that are available.

S T R AT E G Y I N S I G H T Every project requires a strategic approach to ensure a targeted program with seamless execution. The foundation of every initiative we create and implement centers around a thoughtful plan.

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PRODUCT

INSIGHT

We track ever-evolving design and sales trends to provide recommendations for the unit mix and types, floorplans, interior features and finishes, services and amenities, exterior aesthetic, site plan, ingress/egress, and a variety of other product characteristics.

ENGEL & VÖLKERS

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

#1 Most New Construction Home Sales in Atlanta Source: TrendGrpahix 2020, New Construction, Fulton County, All Types, All Price Points

#1 Brokerage

IN MIDTOWN FOR NEW CONDOS SOLD

#1 Realtor

IN MORNINGSIDE

Source: TrendGraphix 2020, new condominiums, area 23.

Source: TrendGraphix, 30306, volume sold, individual agent, all price points and product types.

#1 Realtor

IN BUCKHEAD

IN NEWSWEEK 2020

Source: FMLS, Ashley Battleson 2020 Pending & Closed Sales

Source: Newsweek 2020, Christa Huffstickler

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

#1 Most New Condo & Townhome Listing Sales Source: TrendGraphix 2020, New Construction, Townhome and Condo Total Sales Volume, All Areas, All Price Points

Highest Home Sale in GA

#1 for All Metrics

IN THE YEAR OF 2020

IN WEST MIDTOWN

Source: FMLS 2020

Source: Trendgraphix 2019 and 2020

Largest Sales Volume Increase

Lowest Avg.

YEAR OVER YEAR IN GEORGIA

D AY S O N M A R K E T

Source: Trendgraphix 2019 and 2020

Source: FMLS 2020, Area 23, 24 YTD

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ENGEL & VÖLKERS

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

New Development Communities L I S T E D B Y E N G E L & V Ö L K E R S AT L A N TA

40 WEST 12TH

550 NORTH HIGHLAND

1065 MIDTOWN

A B B I N G T O N AT WILDWOOD

T H E AT L A N T I C

AV O N D A L E E A S T

DISTRICT LOFTS

E L L E AT O A K H U R S T

E N C L AV E AT

E N C L AV E O N COLLIER

HARPER ON

H E R I TA G E O N

D U N W O O D Y PA R K

PIEDMONT

MEMORIAL

INTERLOCK

M A D I S O N YA R D S

OAK CROSSING

ONE MUSEUM PLACE

PA C E S V I E W

P L AT E A U W E S T

SKYLAND

WA L D O R F A S T O R I A

B R O O K H AV E N

RESIDENCES

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

New Development Communities L I S T E D B Y E N G E L & V Ö L K E R S AT L A N TA 2020 Q4 CLOSEOUT

C H A S TA I N E A S T

F O L I A O L D M I LT O N

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ENGEL & VÖLKERS

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Methodology This market report utilizes a myriad of resources to gain the most comprehensive picture of the Atlanta Intown market conditions. By extracting data from multiple channels including TrendGraphix, FMLS, MLS, MarketNsight, tax records, and interviewing real estate agents, we were able to compile the collective data into one complete analysis of market conditions. In the coming pages, you will find information pertaining to National & Regional Economic Statistics, Resale Condominiums, Resale Townhomes, Luxury Condominium and Townhome product, New Construction Condominiums, New Construction Townhomes, and Luxury Single Family Homes. Our Engel & Völkers Builder Developer Services Research Division and in-house analysts collectively pull extensive market research and fundamental market understanding to create a dynamic and thorough report. Our goal is to provide our current and future developer, builder, investor and bank clients a comprehensive resource to help position them for success.

Christa Huffstickler

Sam Morgan

Jonathan Cassady

Owner & CEO

Director of Sales

Market Analyst

678.207.7803

404.556.6110

478.319.7259

christa@evatlanta.com

sam.morgan@evatlanta.com

jonathan.cassady@evatlanta.com

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ENGEL & VÖLKERS

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

National Market Conditions O V E R A L L P O P U L AT I O N

MEDIAN HOME PRICE

MEDIAN HOUSEHOLD INCOME

M E D I A N M O N T H LY R E N T

331M

$320,000

$78,500

$1,468

Total New Construction Home Starts (2012-2019) Source: U.S. Census Bureau, HUD, January 17, 2020

H O Housing M E S Starts TA R T S

1900

1700

1500

1300

1100

900

700

ENGEL & VÖLKERS

1 2/

1/ 1 5

4 /1

/1 6

8 /1

/1 6

1 2/

1/ 1 6

4 /1

/1 7

8 /1

/1 7

1 2/

1/ 1 7

4 /1

/1 8

8 /1

/1 8

1 2/

1/ 1 8

4 /1

/1 9

8 /1

/1 9

1 2/

1/ 1 9

4 /1

/2 0

8 /1

/2 0

1 2/

1/ 2 0

W W W.EVAT L ANTA.CO M

De c20 Ja 17 n20 Fe 18 b2 M 01 8 ar -2 0 Ap 1 8 r-2 M 01 ay 8 -2 0 Ju 1 8 n20 Ju 1 8 l-2 Au 0 18 g2 Se 0 1 8 p2 Oc 01 8 t-2 No 0 18 v-2 D e 01 8 c20 Ja 18 n20 Fe 19 b2 M 01 9 ar -2 0 Ap 1 9 r-2 M 01 ay 9 -2 0 Ju 1 9 n20 Ju 1 9 l-2 Au 0 19 g2 Se 0 1 9 p2 Oc 01 9 t-2 No 0 19 v-2 D e 01 9 c20 Ja 19 n20 Fe 20 b2 M 02 0 ar -2 0 Ap 2 0 r-2 M 02 ay 0 -2 0 Ju 2 0 n20 Ju 2 0 l-2 Au 0 20 g2 Se 0 2 0 p2 Oc 02 0 t-2 No 0 20 v-2 D e 02 0 c20 20

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

240

W WW.E VATL ANTA.COM

S&P/Case-Shiller U.S. National Home Price Index Source: S&P Dow Jones Indices LLC

Home N AT I ONational NAL HO M E Price P R IIndex CE INDEX

230

220

210

200

190

180

170

S&P/Case-Shiller 20-City Composite Home Price Index Source: S&P Dow Jones Indices LLC

250

City 2 0 - C I T Y 20 CO M Composite P O S I T E Home H O MPrice E P Index RICE INDEX

240

230

220

210

200

190

180

ENGEL & VÖLKERS

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Local Market Conditions AT L A N TA M E T R O P O P U L AT I O N

MEDIAN HOME PRICE

MEDIAN HOUSEHOLD INCOME

M E D I A N M O N T H LY R E N T

6.1 M

$325,000

$71,742

$1,703

Top 10 Largest Metropolitan Areas & Change From 2010-2019 Source: U.S. Census Bureau 2019

Metropolitan Area

2010

2019

Numeric Growth

Dallas, TX

6,366,537

7,455,756

1,206,599

Houston, TX

5,920,487

6,976,147

1,145,654

Phoenix, AZ

4,193,129

4,849,209

755,074

Atlanta, GA

5,286,718

5,945,303

733,646

Washington, D.C.

5,649,688

6,247,841

630,799

Miami, FL

5,566,274

6,142,837

600,214

Seattle, WA

3,439,808

3,935,179

540,037

Austin, TX

1,716,323

2,165,497

510,760

Orlando, FL

2,134,399

2,574,838

473,748

Riverside, CA

4,224,948

4,650,631

425,683

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Unemployment Rates Source: U.S. BLS 2019, Local Area Unemployment Statistics

11% 10%

8.6%

8.1%

7.5%

6.5%

6.4% 5.4%

4.8%

4.5%

4% 3%

10.2%

10%

2019 2020

3.4%

2% 1% 0%

United States

Atlanta Area

Cobb County

Dekalb County

Fulton County

Gwinnett County

Atlanta Area Employment, Non-Farming, December 2020 (‘000s) Source: U.S. BLS 2020

330.4 Government

132.1 Construction 163.4 Manufacturing

96.2 Other Services 278.5 Leisure & Hospitality

377.1 Education & Health Services

537.8 Professional & Business Services

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640.8 Trade & Utilities

96.1 Information 177.5 Financial Activities

ENGEL & VÖLKERS

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Overview: Condominium & Townhome Market All Atlanta Intown Attached: Condominiums & Townhomes AN OVERVIEW OF CURRENT MARKET CONDITIONS In 2020, the Atlanta condominium and townhome market registered an average of 4.1 months of inventory, providing sellers the fifth straight year of a sellers market. Factors that contributed to the low supply levels in the last five years include population growth, low interest rates, and a lack of new inventory in the attached home sector of the market, especially in the condominium market. Developers have been working to provide more inventory to the market by offering new construction condominiums through pre-sale offerings and by converting apartment communities to condominiums creating increased levels of inventory thus leading to a more balanced market. While comparing 2019 to 2020, the average price per square foot (PPSF) of attached product in FMLS Areas 21-24 has increased 1.5% from $270 to $274 respectively. Average Days on Market (DOM) has been on the rise since last year with a 53% increase from 45 DOM to now 69 DOM.

Total Market All Attached Product Condos & Townhomes / Area 21, 22, 23, 24, All Price Points 2016

2017

2018

2019

2020

# Sold

3931

3979

3821

3612

3844

PPSF

227

246

260

270

274

Avg DOM

Source: TrendGraphix- All attached property in all price points for areas 21-24 in 2020. All data for TrendGraphix is supplied by FMLS

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Current vs. Prev. Month

Current vs. 6 Months Ago

Dec. 20

Nov. 20

% Change

Dec. 20

Jan. 20

% Change

1,278

1,478

-13.5%

1,278

1,037

23.2%

Sold

354

323

9.6%

354

229

54.6%

Pending

320

325

-1.5%

320

337

-5%

For Sale

Data by Month for Previous 12 Months 20-Jan

20-Feb

20-Mar

20-Apr

20-May

20-Jun

20-Jul

20-Aug

20-Sep

20-Oct

20-Nov

20-Dec

Active

1037

1016

1112

1175

1207

1234

1323

1409

1494

1560

1478

1278

Sold

229

298

355

250

189

338

377

393

328

400

323

354

Pending

337

344

264

173

362

382

390

383

371

373

325

320

Months of Inventory (Closed Sales)

4.5

3.4

3.1

4.7

6.4

3.7

3.5

3.6

4.6

3.9

4.6

3.6

Months of Inventory (Pended Sales)

3.1

4.2

6.8

3.3

3.2

3.4

3.7

4.2

4.5

Absorption Rate (Closed Sales) %

22.1

29.3

31.9

21.3

15.7

27.4

28.5

27.9

25.6

21.9

27.7

$379,000

$375,000

$377,000

$371,000

$382,000

$362,000

$345,000

$395,000

$370,000

$373,000

$368,000

$373,000

Avg. PPSF (Sold)

278

279

278

264

269

271

264

290

273

272

275

Sold/List Diff. %

Avg Days on Market

Avg. Sold Price

Source: TrendGraphix- All attached property in all price points for areas 21-24 in 2020. All data for TrendGraphix is supplied by FMLS

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ENGEL & VÖLKERS

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Condo - New vs. Resale Closings 1200

New Closings Resale Closings

1000 800 600 400 200 0

< 100K

100199K

200299K

300399K

400499K

500599K

600699K

700799K

800899K

900999K

1M+

Condo - New vs. Resale Surplus/Deficit 50 0 -50 -100 -150 -200 -250 -300

New Surplus/Deficit Resale Surplus/Deficit

< 100K

100199K

200299K

300399K

400499K

500599K

600699K

700799K

800899K

900999K

1M+

Condo - New vs. Resale Market Share 120%

New Market Share Resale Market Share

100% 80% 60% 40% 20% 0%

< 100K

100199K

200299K

300399K

400499K

500599K

600699K

700799K

800899K

900999K

1M+

<200k

200299k

300399k

400499k

500599k

600699k

700799k

800899k

900999k

1M+

Total

New Market Share %

12%

41%

16%

Resale Market Share %

100%

99%

96%

97%

99%

100%

88%

100%

59%

84%

Trailing 12 Months

Source: MarketNsight- trailing 12 months in 2020 for all attached property in FMLS areas 21-24

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Townhomes - New vs. Resale Closings 180

New Closings Resale Closings

160 140 120 100 80 60 40 20 0

< 100K

100199K

200299K

300399K

400499K

500599K

600699K

700799K

800899K

900999K

Townhomes - New vs. Resale Surplus/Deficit 20 10 0 -10 -20 -30 -40 -50 -60

New Surplus/Deficit Resale Surplus/Deficit

-70 -80

< 100K

100199K

200299K

300399K

400499K

500599K

600699K

700799K

800899K

900999K

Townhomes - New vs. Resale Market Share 120%

New Market Share Resale Market Share

100% 80% 60% 40% 20% 0%

Trailing 12 Months New Market Share % Resale Market Share %

< 100K

100199K

200299K

300399K

400499K

500599K

600699K

700799K

800899K

900999K

<200k

200299k

300399k

400499k

500599k

600699k

700799k

800899k

900999k

1M+

Total

17%

36%

60%

28%

63%

58%

70%

31%

36%

100%

98%

83%

64%

40%

72%

37%

42%

30%

69%

64%

Source: MarketNsight- trailing 12 months in 2020 for all attached property in FMLS areas 21-24 W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

Luxury Condominium Market A L L AT L A N TA I N T O W N AT TA C H E D C O N D O M I N I U M S & TOWNHOMES PRICED $1M AND HIGHER

An Overview of Current Market Conditions The average price per square foot (PPSF) for 2020 closings was $588/SF representing a gain of 8% from 2019. However, the average PPSF increased over the course of 2020 as new communities began closings and we believe this increased trend was appropriately reflected. 2020 has currently had over 15 closings whereas 2019 had 16. The average sales price has also increased 5.1%.

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

All Condominiums priced $1M+ in Areas 21, 22, 23, and 24 2016

2017

2018

2019

2020

# Sold

PPSF

$539

$500

$484

$545

$588

112

45.25

$1,676,500

$1,655,000

$1,698,750

$1,695,250

$1,781,750

Avg. DOM Avg. Sold Price

Source: TrendGraphix, Areas 21-24, Condos priced $1M+ from 2016-2020

Current vs. Prev. Month

Current vs. Same Month 1 Yr Ago

20-Dec

20-Nov

Change

20-Dec

19-Dec

Change

Active

-7%

Sold

-20%

Pending

20%

-25%

Data by Quarter for Previous 12 Months 1Q20

2Q20

3Q20

4Q20

Active

198

197

208

192

Sold

Pending

Months Inventory

13.2

25.2

31.9

14.9

Absorption Rate

7.6

4.0

8.5

6.8

Avg. Sold Price

$1,778,667

$2,341,000

$1,761,000

$1,577,667

Avg. PPSF

$1,850

$2,178

$1,699

$1,488

Sold/List %

95.3

94.7

92.3

95.7

Avg. DOM

Source: TrendGraphix, Areas 21-24, Condos priced $1M+ in 2020

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ENGEL & VÖLKERS

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Condominium Luxury Market $1M to $2M Transactions 2016

2017

2018

2019

$2M to $5M Transactions

2020

2016

2017

2018

2019

2020

2017

#Sold

2018

2019

2020

#Sold Trendline

2016

#Sold Trendline

#Sold 40

$5M+ Transactions

#Sold

Condo Sales Closed for over $1M in 2020 [73% Resale // 76% New]

Condo Sales Closed for over $2M in 2020 [65% Resale // 35% New]

Source: FMLS- All Condos in all FMLS areas priced above $1M in 2020

Buckhead Absorption Attached 2020 <100k

100k199k

200299k

300399k

400499k

500599k

600699k

700799k

800899k

900999k

1M-2M

2M-5M

5M+

Total

Active Listings

270

Annual Closings

280

395

158

1027

Monthly Closings

6.6

Avg. CDOM

114

107

151

111

327

114

131

119.8

SP/LP

70%

96%

94%

93%

90%

93%

94%

92%

0.0

2.4

2.3

3.8

5.4

6.0

4.2

1.6

1.2

7.2

8.0

5.5

4.0

Months Inventory

Source: FMLS and MarketNsight for Condominiums in Area 21 in 2020

Midtown Absorption Attached 2020

Active Listings

<100k

100k199k

200299k

300399k

400499k

500599k

600699k

700799k

800899k

900999k

1M-2M

2M-5M

5M+

Total

246

Annual Closings

213

444

311

133

1254

Monthly Closings

0.6

17.8

37.0

25.9

11.1

4.8

2.5

1.3

1.2

0.7

1.3

0.4

0.0

8.0

Avg. CDOM

140

322

103%

98%

99%

98%

97%

99%

96%

93%

98%

0.0

1.9

1.6

2.8

4.3

6.8

11.3

4.3

4.5

6.4

0.0

3.8

SP/LP Months Inventory

Source: FMLS and MarketNsight for Condominiums in Area 23 in 2020

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Condominium Luxury Market Closings Over $1.5M in 2020 Status

Close Date

Days on Market

Subd/Complex

Area

County

Bedrooms

Full Baths

Half Baths

Year Built

Sale Price

Square Footage

PPSF

Sold

2/7/20

The Charles

Fulton

2019

$4,663,493

4527

$1,030

Sold

8/28/20

St Regis

Fulton

2010

$3,899,000

3583

$1,088

Sold

5/27/20

118

One Museum Place

Fulton

2019

$3,700,000

4840

$764

Sold

1/15/20

Ritz-Carlton Residences

Fulton

2010

$3,550,000

4500

$789

Sold

3/4/20

One Museum Place

Fulton

2018

$3,500,000

4840

$723

Sold

1/29/20

The Charles

Fulton

2019

$3,200,000

3867

$828

Sold

6/30/20

159

The Charles

Fulton

2019

$3,155,500

3290

$959

Sold

6/30/20

118

St Regis

Fulton

2014

$3,000,000

3000

$1,000

Sold

12/8/20

132

The Charles

Fulton

2019

$3,000,000

3867

$776

Sold

1/15/20

St Regis

Fulton

2009

$2,900,000

3200

$906

Sold

2/3/20

Regents Park

Fulton

2008

$2,500,000

4400

$568

Sold

8/10/20

119

One Museum Place

Fulton

2018

$2,422,175

2747

$882

Sold

9/18/20

Above The Four Seasons

Fulton

1992

$2,300,000

3138

$733

Sold

4/15/20

One Museum Place

Fulton

2019

$2,200,000

2736

$804

Sold

1/28/20

Ritz-Carlton Residences

Fulton

2010

$2,000,000

2881

$694

Sold

5/15/20

The Charles

Fulton

2019

$2,000,000

2481

$806

Sold

10/5/20

The Charles

Fulton

2019

$1,900,000

2481

$766

Sold

8/26/20

The Charles

Fulton

2019

$1,890,000

2490

$759

Sold

12/15/20

156

One Vinings Mountain

Cobb

2006

$1,875,000

5435

$345

Sold

12/29/20

Seven88 West Midtown

Fulton

2020

$1,849,246

2695

$686

Sold

8/5/20

396

Park Place on Peachtree

Fulton

1987

$1,720,000

4258

$404

Sold

11/11/20

The Charles

Fulton

2019

$1,700,000

2480

$685

Sold

8/18/20

The Charles

Fulton

2019

$1,700,000

2420

$702

Sold

10/23/20

335

One Museum Place

Fulton

2017

$1,600,000

2362

$677

Sold

3/9/20

Park Place On Peachtree

Fulton

1987

$1,550,000

2951

$525

Sold

8/3/20

246

Above the Four Seasons

Fulton

1992

$1,525,000

2773

$550

Sold

8/14/20

The Charles

Fulton

2019

$1,520,000

2481

$613

Sold

8/13/20

Park Avenue

Fulton

1998

$1,500,000

Source: FMLS- All attached property in all FMLS areas priced above $1.5M in 2020

W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Condominium Sales $1M and Higher: Buckhead Number of Condos Sold in Buckhead / Area 21 1Q19

2Q19

3Q19

4Q19

1Q20

2Q20

3Q20

4Q20

Avg. PPSF 2020

$1M-$1.5M

$512

$1.5M-$2M

$705

Over $2M

$840

Source: FMLS- attached property priced $1M+ in area 21 in 1/1/19-12/31/20

Units Sold by Quarter and Distribution of Sales by Building in 2020 1 Park Place on Peachtree

$1M-$1.5M SOLD UNITS BY QUARTER

4Q20 3Q20 1Q20 2

2Q20

2 Terminus

2 Sovereign 1 The Aberdeen

3 Phoenix on Peachtree

2 Ritz Carlton Residences

1 Matheison Exchange Lofts

$1.5M-2M

2 Park Place On Peachtree

1Q20 6

SOLD UNITS BY QUARTER

2Q20 3

3Q20 2

4Q20

5 The Charles

1 One Vinings Mountain

1 Park Avenue

1 The Charles

OVER $2M SOLD UNITS BY QUARTER

3Q20 5 1Q20 1

1 The Astoria

2Q20

4Q20 3

1 One Museum Place 1 Regents Park

2 Ritz Carlton Residences

3 St Regis Residences

0 4 The Charles

*Pie Charts show 2020 Closed data by building

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Condominium Sales $1M and Higher: Midtown Number of Condos Sold in Midtown / Area 23 1Q19

2Q19

3Q19

4Q19

1Q20

2Q20

3Q20

4Q20

Avg. PPSF 2020

$1M-$1.5M

$505

$1.5M-$2M

$614

Over $2M

$764

Source: FMLS- attached property priced $1M+ in area 23 in 1/1/19-12/31/20

Units Sold by Quarter and Distribution of Sales by Building in 2020 2 Viewpoint

$1M-$1.5M

1Q20 3Q20

1 Copenhill Lofts

1 Cotting Court

SOLD UNITS BY QUARTER

2Q20

4Q20 2

1 The Atlantic 1 Seventh Midtown

$1.5M-2M SOLD UNITS BY QUARTER

OVER $2M SOLD UNITS BY QUARTER

1Q20 0

3Q20

4Q20

2Q20

1 One Museum Place

1 Residences At Studioplex 1 Midtown 2 One Museum Place

3 1065 Midtown Loews

1 Above the Four Seasons

2Q20

3Q20

1 Above the Four Seasons

1Q20 1

4Q20 0 4 One Museum Place

*Pie Charts show 2020 Closed data by building W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Luxury Townhome Market All Atlanta Intown Townhomes Priced $1M & Higher AN OVERVIEW OF CURRENT MARKET CONDITIONS As luxury single family home values continue to rise and these homes become unattainable, consumers are attracted to the “value” of luxury townhomes. Higher demand has led to increased development in Old 4th Ward, the Beltline’s Eastside Extension and the Peachtree Street corridor from Midtown to Buckhead and Brookhaven. The most expensive townhome closing in 2020 was located at the Enclave, a gated community off Peachtree Rd. The home closed for $2.72MM in March.

Total Market Townhomes Priced $1M & Higher / FMLS Area 21, 22, 23, & 24 2016

2017

2018

2019

2020

# Sold

PPSF

335

374

328

346

359

Avg DOM

159

176

111

Source: TrendGraphix- All attached property in all price points for areas 21-24 in 2020. All data for TrendGraphix is supplied by FMLS

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Townhome Luxury Market $1M to $2M Transactions 2016

2017

2018

2019

$2M to $5M Transactions

2020

2016

2017

2018

2019

2020

2017

#Sold 29

2018

2019

2020

#Sold Trendline

2016

#Sold Trendline

#Sold 20

$5M+ Transactions

Townhomes Sales Closed for over $1M in 2020

#Sold 5

Towhomes Sales Closed for over $2M in 2020

Source: FMLS- All Condos in all FMLS areas priced above $1M in 2020

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Townhome Luxury Market Closings Over $1M in 2020 Status

Close Date

Days on Market

Subd/Complex

Area

County

Bedrooms

Full Baths

Half Baths

Year Built

Sale Price

Square Footage

PPSF

Closed

3/31/20

275

The Enclave

Fulton

2009

$2,725,000

6,200

$440

Closed

8/3/20

Bellingrath

Fulton

2008

$2,645,000

5,990

$442

Closed

8/20/20

St Andrews

Fulton

2017

$1,965,000

4,276

$460

Closed

3/12/20

129

Ansley At Piedmont

Fulton

2016

$1,625,000

4,170

$390

Closed

1/31/20

210

The Gates

Fulton

1982

$1,545,000

3,590

$430

Closed

12/17/20

Ansley Park

Fulton

2016

$1,510,000

5,070

$298

Closed

8/5/20

Ansley At Piedmont

Fulton

2018

$1,500,000

5,070

$296

Closed

2/28/20

Ansley At Piedmont

Fulton

2016

$1,490,000

4,505

$331

Closed

9/28/20

The Aldredge

Dekalb

2016

$1,390,000

3,264

$426

Closed

8/11/20

Buckhead

Fulton

2005

$1,290,000

4,407

$293

Closed

3/27/20

Habersham on Ivy

Fulton

2005

$1,275,000

5,000

$255

Closed

10/30/20

Metropolitan at Phipps

Fulton

2014

$1,250,000

3,945

$317

Closed

1/24/20

Metropolitan at Phipps

Fulton

2014

$1,200,000

3,945

$304

Closed

7/20/20

Old Fourth Ward

Fulton

2019

$1,179,900

2,740

$431

Closed

7/3/20

Old Fourth Ward

Fulton

2019

$1,159,900

2,740

$423

Closed

10/9/20

Emerson On Krog

Fulton

2020

$1,159,000

2,584

$449

Closed

6/30/20

Old Fourth Ward

Fulton

2019

$1,149,900

2,740

$420

Closed

4/1/20

Old Fourth Ward

Fulton

2019

$1,149,900

2,740

$420

Closed

1/21/20

Hillgrove

Fulton

2019

$1,138,425

3,378

$337

Closed

8/28/20

Emerson On Krog

Fulton

2019

$1,135,900

2,584

$440

Closed

8/31/20

Highland Park

Fulton

2016

$1,110,500

3,974

$279

Closed

9/30/20

Inman Park Village

Fulton

2002

$1,099,950

3,634

$303

Closed

9/23/20

Metropolitan at Phipps

Fulton

2014

$1,099,000

3,453

$318

Closed

2/13/20

199

The Gates

Fulton

1982

$1,097,500

3,560

$308

Closed

11/25/20

Emerson On Krog

Fulton

2020

$1,095,900

2,584

$424

Closed

11/9/20

The Row Homes at Phipps

Fulton

2019

$1,090,000

3,371

$323

Closed

10/9/20

Brownstones At Habersham

Fulton

2008

$1,085,000

3,719

$292

Closed

8/21/20

Highland Park

Fulton

2014

$1,085,000

3,925

$276

Closed

11/4/20

The Row Homes at Phipps

Fulton

2019

$1,080,000

3,385

$319

Closed

3/13/20

Midtown

Fulton

2019

$1,065,000

3,441

$310

Closed

7/13/20

The Row Homes at Phipps

Fulton

2019

$1,060,000

2,923

$363

Closed

4/20/20

112

Enclave At Chastain

Fulton

2019

$1,050,000

3,755

$280

Closed

10/22/20

Highland Park

Fulton

2016

$1,050,000

3,300

$318

Closed

6/30/20

Evermay

Fulton

1982

$1,035,000

2,276

$455

Closed

9/4/20

Hillgrove

Fulton

2019

$1,025,000

3,378

$303

Closed

10/9/20

Inman Park Village

Fulton

2007

$1,025,000

3,513

$292

Closed

3/30/20

235

Hillgrove

Fulton

2019

$1,022,000

3,378

$303

Closed

12/15/20

172

St. Andrews

Fulton

2015

$1,015,000

2,576

$394

Closed

7/20/20

Old Fourth Ward

Fulton

2020

$1,010,000

1,877

$538

Source: FMLS- All attached property in all FMLS areas priced above $1.5M in 2020 W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Condominium Price Trends Select Projects in Midtown & Buckhead AN OVERVIEW OF PRICE TRENDS Midtown condos that have maintained their PPSF from 2019 Include, 1065 Midtown, The Atlantic, and Luxe. 905 Juniper, 1010 Midtown has seen a small increase in price and Viewpoint has seen a slight decrease. Buckhead condos have slightly decline but mainly remained stable from 2019, those units include, The Ritz-Carlton, and Terminus. The Gallery, The Brookwood have maintained their value from 2019

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Condo Price Trends 1Q18 - 4Q20 1010 Midtown (AVG PPSF) B U I LT 2 0 0 8 500

400

$447

$450

$451

1Q18

2Q18

3Q18

$423

$462

$458

$460

$465

$460

1Q19

2Q19

3Q19

4Q19

1Q20

$476

$485

$473

300

200

100

4Q18

2Q20

3Q20

4Q20

1065 Midtown (AVG PPSF) B U I LT 2 0 1 0 700

$649

600

$641

$596

$663 $628

500

$653

$636

$628

$618

$568

$524

400

300

200

100

$0 1Q18

2Q18

3Q18

4Q18

1Q19

2Q19

3Q19

4Q19

1Q20

2Q20

3Q20

4Q20

905 Juniper (AVG PPSF) B U I LT 2 0 0 6 500

$450

400

$462

$415

$388

$430

$453

$457

$444 $393

$411

300

200

100

1Q18

2Q18

3Q18

4Q18

1Q19

2Q19

3Q19

4Q19

1Q20

2Q20

3Q20

4Q20

Source: FMLS by Subdivision Name

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Condo Price Trends 1Q18 - 4Q20 Gallery (AVG PPSF) B U I LT 2 0 0 7 500

400

300

$415 $342

$376

$366

$367

$356

$375

$359

$360

3Q19

4Q19

1Q20

$351

$363

$385

200

100

1Q18

2Q18

3Q18

4Q18

1Q19

2Q19

2Q20

3Q20

4Q20

Luxe (AVG PPSF) B U I LT 2 0 0 8 500

400

$376

$401

$415

$403 $356

300

$423 $383

$378

$384

$360 $307

200

100

$0 1Q18

2Q18

3Q18

4Q18

1Q19

2Q19

3Q19

4Q19

1Q20

2Q20

3Q20

4Q20

Ritz-Carlton Residences (AVG PPSF) B U I LT 2 0 1 0 700

$667 600

$587 500

$514

$603

$670

$622 $566

$521

$592

$579

$551

400

300

200

100

1Q18

2Q18

3Q18

4Q18

1Q19

2Q19

3Q19

4Q19

1Q20

2Q20

3Q20

4Q20

Source: FMLS by Subdivision Name W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Condo Price Trends 1Q18 - 4Q20 10 Terminus (AVG PPSF) B U I LT 2 0 0 8 600

$541

500

400

300

$368

$371

$368

1Q18

2Q18

3Q18

$396

$388

$400

$417

$405

$376

$361

$389

200

100

4Q18

1Q19

2Q19

3Q19

4Q19

1Q20

2Q20

3Q20

4Q20

The Atlantic (AVG PPSF) B U I LT 2 0 0 9 500

400

300

$341

$366 $320

$329

$321

2Q18

3Q18

4Q18

$356

$351

$355

3Q19

4Q19

$331

$363

$345

$325

200

100

1Q18

1Q19

2Q19

1Q20

2Q20

3Q20

4Q20

$392

$390

3Q20

4Q20

The Brookwood (AVG PPSF) B U I LT 2 0 1 0 500

400

$391

$385

$406

$403

$397

$381

$390

$387

300

$350

200

100

$0 1Q18

2Q18

3Q18

4Q18

1Q19

2Q19

3Q19

4Q19

1Q20

2Q20

Source: FMLS by Subdivision Name

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Condo Price Trends 1Q18 - 4Q20 Viewpoint (AVG PPSF) B U I LT 2 0 0 8 500

400

$386

$402

$429

$423

3Q18

4Q18

$441 $408

$429

$420

3Q19

4Q19

$434

$428

1Q20

2Q20

$443

$437

3Q20

4Q20

300

200

100

1Q18

2Q18

1Q19

2Q19

Twelve Centennial (AVG PPSF) B U I LT 2 0 0 7 500

400

300

$294

1Q18

2Q18

$301

$313

3Q18

4Q18

$337

$323

$326

$324

$320

2Q19

3Q19

4Q19

1Q20

$310

$323

$329

200

100

1Q19

2Q20

3Q20

4Q20

Ovation (AVG PPSF) B U I LT 2 0 0 6 500

400

300

$273

$300

$273

$287

$303

$295

$308

$296

$300

4Q19

1Q20

$307

$291

$314

200

100

1Q18

2Q18

3Q18

4Q18

1Q19

2Q19

3Q19

2Q20

3Q20

4Q20

Source: FMLS by Subdivision Name W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Condo Price Trends 1Q18 - 4Q20 Sovereign (AVG PPSF) B U I LT 2 0 0 8 / 2 0 0 9 700

600

$624

$608 $558

500

$543

$540

$535

$546

$540

$546

$482

$474

400

300

200

100

$0 1Q18

2Q18

3Q18

4Q18

1Q19

2Q19

3Q19

4Q19

1Q20

2Q20

3Q20

4Q20

Source: FMLS by Subdivision Name

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Condo Price Trends 1Q18 - 4Q20 The Charles (AVG PPSF) B U I LT 2 0 1 7 1000

$929

900

$883 800

$763

700

$767

$742 $691

600

500

400

300

200

100

1Q18

2Q18

3Q18

4Q18

1Q19

2Q19

3Q19

4Q19

1Q20

2Q20

3Q20

4Q20

Source: FMLS by Subdivision Name W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

Condominium Resale Market

Buckhead Resale Market Absorption Most Closings

Highest Change in PPSF

Realm

Paramount

76%

Eclipse

Mathieson Exchange Lofts

25%

Lenox Green

Brookside In Garden Hills

14%

Cosmopolitan

Meridian Buckhead

10%

Ovation

Habersham Oaks

10%

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Buckhead Absorption Attached 2020 < 199k

200299k

300399k

400499k

500599k

600699k

700799k

800899k

900999k

1M-2M

2M-5M

Avg/ Total

Active Listings

312

Annual Closings

288

395

157

1010

Monthly Closings

Average CDOM

109

110

159

122

144

250

123

137

125

98%

96%

93%

95%

94%

96%

2.6

2.9

5.0

5.7

7.6

5.5

3.6

4.4

12.0

9.3

6.0

SP/OLP Months of Inventory

Source: FMLS-Closed/Available Resale Condominiums in area 21 in 2020

Buckhead Resale Building

Total Units

Year Built

Monthly HOA Fee Per Sq Ft

2019 Total Closings

2019 Closed Average P/SF

2020 Closings

2020 Closed Average P/SF

2020 1 Bedroom Closed Average P/SF

2020 2 Bedroom Closed Average P/SF

2020 3 Bedroom Closed Average P/SF

Average Closed P/SF % Change from 2019-2020

Paramount

300

2006

$0.40

$156

$275

76%

Mathieson Exchange Lofts

100

2001

$0.38

$285

$356

$350

$337

25%

Brookside In Garden Hills

1999

$0.36

$208

$237

$239

14%

Meridian Buckhead

230

1997

$0.35

$251

$277

$255

$252

10%

Habersham Oaks

300

1997

$0.44

$227

$251

$205

$259

10%

Buckhead Village Lofts

102

1999

$0.48

$294

$321

$263

$329

Manor House

2002

$0.46

$260

$279

$301

$272

The Park At East Paces

2008

$0.31

$269

$287

$278

The Astoria

2008

$0.44

$329

$348

$344

$373

Brookwood Place

137

2000

$0.36

$207

$214

$222

$217

Carrington Park

140

2000

$0.29

$206

$213

$222

$200

Buckhead Grand

286

2004

$0.41

$276

$286

$279

$289

$312

Paces 325

206

2004

$0.39

$279

$287

$278

$296

$268

The Wiltshire

1999

$0.39

$208

$212

$211

$217

The West Paces

1999

$0.60

$270

$275

$318

$272

$217

Cosmopolitan

258

2006

$0.33

$268

$272

$269

$268

$282

Eclipse

358

2004

$0.43

$320

$324

$323

$340

Gallery

203

2007

$0.40

$361

$366

$324

$362

$404

1% 0%

Realm

406

2005

$0.44

$344

$342

$335

The Brookwood

219

2010

$0.37

$385

$384

$366

$403

Le Chateau

2002

$0.37

$196

$195

$193

-1%

Lenox Green

221

1994

$0.30

$215

$212

$214

$210

-1%

Ovation

270

2006

$0.43

$301

$296

$311

-2%

The Aramore

124

2003

$0.49

$270

$263

$261

$258

-3%

Hillside at Lenox

2001

$0.37

$207

$200

$212

$199

-3%

Avista

2006

$0.39

$387

$369

-5%

The View at Chastain

125

2005

$0.42

$270

$257

$253

$250

$309

-5%

The Borghese

2003

$0.74

$287

$272

$277

$268

-5%

2828 Peachtree

2002

$0.55

$337

$289

$281

-14%

The Grandview

226

1990

$0.49

$365

$171

$149

-53%

Source: FMLS-Closed Resale Condominiums in area 21 in 2020 W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

Condominium Resale Market

Brookhaven/Chamblee Resale Market Absorption Most Closings

Highest Change in PPSF

Peachtree Place

Fernwood Park

27%

Villa Sonoma

Malone Lofts

20%

Carlyle Woods

Georgetown

14%

Lofts At 5300

Dresden Heights

12%

The Park at Ashford

Village Place Brookhaven

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Brookhaven/Chamblee Absorption Attached 2020 < 199k

200299k

300399k

400499k

500599k

600699k

700799k

800899k

900999k

1M-2M

2M-5M

Avg/ Total

Active Listings

Annual Closings

190

Monthly Closings

Average CDOM

156

98%

99%

98%

99%

97%

98%

1.0

1.7

0.3

0.0

SP/OLP Months of Inventory

Source: FMLS-Closed/Available Resale Condominiums in Brookhaven/Chamblee in 2020 as of 12/31/2020

Brookhaven/Chamblee Resale Building

Total Units

Year Built

Monthly HOA Fee Per Sq Ft

2019 Total Closings

2019 Closed Average P/SF

2020 Closings

2020 Closed Average P/SF

2020 1 Bedroom Closed Average P/SF

2020 2 Bedroom Closed Average P/SF

2020 3 Bedroom Closed Average P/SF

Average Closed P/SF % Change from 2019-2020

Fernwood Park

2000

$1.03

$158

$201

27%

Malone Lofts

155

2007

$0.25

$224

$267

20%

Georgetown

1956

$0.23

$158

$181

14%

Dresden Heights

2008

$0.10

$173

$195

$204

$173

12%

Village Place Brookhaven

2008

$0.27

$265

$288

$215

$206

$161

Ashford Creek

123

2006

$0.23

$201

$217

$265

Keys Crossing

1987

$0.27

$170

$182

Lofts At 5300

242

2005

$0.25

$224

$237

$259

$222

Keys Lake

1985

$0.23

$150

$157

$144

$170

Peachtree Malone

134

2002

$0.26

$246

$254

Druid Knoll

1974

$0.21

$153

$158

Ashwood Condominiums

1983

$0.22

$129

$132

$129

The Park at Ashford

126

1971

$0.30

$194

$200

$209

$196

$166

Village Park

2001

$0.20

$293

$301

Carlyle Woods

180

2007

$0.23

$186

$180

-3%

Villa Sonoma

252

2005

$0.57

$192

$185

$195

$176

-3%

$223

$216

$201

-4%

$265

-5%

$132

$108

-21%

Peachtree Place

330

1995

$0.42

$224

$217

3400 Malone Lofts

2007

$0.47

$279

$265

D'Youville

1974

$0.17

$153

$120

Source: FMLS-Closed/Available Resale Condominiums in Brookhaven/Chamblee in 2020 as of 12/31/2020

W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

Condominium Resale Market

Midtown Resale Market Absorption Most Closings

Highest Change in PPSF

Metropolis

Above the Four Seasons

14%

Spire

Peachtree Walk

10%

Plaza Midtown

Enclave at Renaissance

10%

1010 Midtown

Midcity Lofts

1280 West

1023 Juniper Lofts

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Midtown Absorption Attached 2020 < 199k

200299k

300399k

400499k

500599k

600699k

700799k

800899k

900999k

1M-2M

2M-5M

Avg/ Total

Active Listings

269

Annual Closings

216

429

294

129

1208

Monthly Closings

0.3

Average CDOM

133

392

97%

100%

98%

97%

96%

97%

98%

93%

97%

1.9

2.5

2.1

2.8

4.5

6.2

10.3

4.3

8.0

6.0

0.0

4.4

SP/OLP Months of Inventory

Source: FMLS-Closed Resale Condominiums in Area 23 as of 12/31/2020

Brookhaven/Chamblee Resale Building

Total Units

Year Built

Monthly HOA Fee Per Sq Ft

2019 Total Closings

2019 Closed Average P/SF

2020 Closings

2020 Closed Average P/SF

2020 1 Bedroom Closed Average P/SF

2020 2 Bedroom Closed Average P/SF

2020 3 Bedroom Closed Average P/SF

Average Closed P/SF % Change from 2019-2020

-10%

1010 Midtown

425

2008

$0.43

$519

$468.97

$427.91

$506.29

1023 Juniper Lofts

2002

$0.30

$309

$329.56

1065 Midtown Loews

2015

$0.76

$628

$601.93

$567.93

$635.93

-4%

1280 West

434

1967

$0.51

$257

$270.34

$274.53

$262.59

805 Peachtree

118

1951

$0.42

$285

$257.43

-10%

905 Juniper

2006

$0.43

$453

$424.81

$428.00

$418.43

-6%

Above the Four Seasons

1992

$0.71

$398

$453.89

14%

Aqua

2007

$0.57

$387

$332.54

-14%

Cornerstone Village

310

1927

$0.40

$273

$268.07

$267.01

$278.58

-2%

Cotting Court

2001

$0.58

$355

$354.88

Element

322

2006

$0.51

$230

$222.86

-3%

Enclave at Renaissance

1995

$0.29

$201

$220.64

$241.07

$207.01

10%

Lofts at Belvedere

2004

$0.40

$309

$303.39

-2%

Lofts at the Park

2001

$0.26

$350

$350.51

Lofts at the Park II

2001

$0.32

$337

$300.43

-11%

Luxe

116

2008

$0.45

$378

$351.36

$307.38

$373.35

-7%

Mayfair Renaissance

297

2002

$0.48

$332

$337.47

$325.68

$349.25

Mayfair Tower

323

1992

$0.40

$317

$316.09

$354.04

$297.12

Metropolis

498

2002

$0.66

$367

$364.61

$356.21

$372.33

$448.28

-1%

Midcity Lofts

132

2002

$0.43

$320

$346.05

One Museum Place

2017

$0.78

$690

$728.03

$712.26

$743.80

6% 2%

Parc Vue

136

2005

$0.54

$316

$321.67

$329.17

$306.67

Park Central

397

1999

$0.39

$316

$327.34

$336.48

$309.07

Peachtree Walk

218

1996

$0.25

$279

$308.58

$338.33

$278.82

10%

Piedmont Crest

2006

$0.41

$383

$384.79

Piedmont Park West Lofts

2001

$0.55

$261

$274.86

Plaza Midtown

418

2006

$0.39

$359

$366.36

$357.93

$377.33

Seventh Midtown

2016

$0.70

$517

$485.04

-6%

Spire

393

2005

$0.49

$373

$383.38

$377.94

$388.52

$445.33

The Belvedere

2001

$0.24

$354

$306.45

-13%

The Dakota

160

2000

$0.33

$349

$352.56

$385.57

$345.96

Tuscany

230

1996

$0.33

$301

$313.45

$316.12

$292.13

Viewpoint

378

2008

$0.48

$418

$431.73

$414.66

$441.49

Virginia Hill

1990

$0.34

$369

$334.38

-9%

Wilburn House

1911

$0.45

$371

$319.28

$378.15

$415.60

-14%

Source: FMLS-Closed Resale Condominiums in Area 23 as of 12/31/2020 W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

Condominium Resale Market

Downtown Resale Market Absorption Most Closings

Highest Change in PPSF

Twelve Centennial

The Reynolds

92%

Centennial House

Centennial Park West

The Reynolds

Centennial Station

Castleberry Point

Twelve Centennial

-3%

Centennial Station

Duo

-4%

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Downtown Absorption Attached 2020 < 199k

200299k

300399k

400499k

500599k

600699k

700799k

800899k

900999k

1M-2M

2M-5M

Avg/ Total

Active Listings

Annual Closings

103

234

Monthly Closings

Average CDOM

325

98%

99%

98%

96%

97%

98%

4.2

4.6

3.7

5.9

1.6

SP/OLP Months of Inventory

Source: InfoSparks Downtown Condominium as of 12/31/2020 FMLS Custom Map Drawn Condominiums as of 12/31/2020

Downtown Resale Building

Total Units

Year Built

Monthly HOA Fee Per Sq Ft

2019 Total Closings

2019 Closed Average P/SF

2020 Closings

2020 Closed Average P/SF

2020 1 Bedroom Closed Average P/SF

123 Luckie

2000

$0.33

$222

2020 2 Bedroom Closed Average P/SF

2020 3 Bedroom Closed Average P/SF

Average Closed P/SF % Change from 2019-2020

Castleberry Point

108

2008

$0.36

$259

$240

$237

$244

-7%

Centennial House

101

2002

$0.41

$207

$198

$192

$231

-4%

Centennial Park West

2002

$0.41

$232

$242

$190

$268

Centennial Station

2006

$0.24

$200

$201

$188

$205

$177

$222

-4%

$138

-17%

Duo

2006

$0.31

$195

$188

The Metropolitan

1995

$0.47

$166

$138

The Reynolds

130

2006

$0.44

$166

$318

$317

$319

92%

Twelve Centennial

517

2007

$0.37

$327

$316

$321

$305

-3%

Source: FMLS Custom Map Drawn Condominiums as of 12/31/2020

W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

Condominium Resale Market

Other Intown Resale Market Absorption Most Closings

Highest Change in PPSF

Metropolis

Highland Green

95%

Spire

Westchester Square

77%

Plaza Midtown

Cedarwood Mews

68%

1280 West

Landmark

62%

The Stacks

Glenwood Park

41%

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Other Intown Attached 2020 < 199k

200299k

300399k

400499k

500599k

600699k

700799k

800899k

900999k

1M-2M

2M-5M

Avg/ Total

Active Listings

277

Annual Closings

240

481

318

144

1321

Monthly Closings

110

Average CDOM

133

98%

99%

98%

96%

98%

1.8

2.3

2.0

2.6

4.5

6.2

9.6

4.3

8.0

6.0

SP/OLP Months of Inventory

Source: FMLS Closed Condominium Areas 23 & 24 as of 12/31/2020

Other Intown Resale Building

Total Units

Year Built

Monthly HOA Fee Per Sq Ft

2019 Total Closings

2019 Closed Average P/SF

2020 Closings

2020 Closed Average P/SF

2020 1 Bedroom Closed Average P/SF

2020 2 Bedroom Closed Average P/SF

2020 3 Bedroom Closed Average P/SF

Average Closed P/SF % Change from 2019-2020

2018

0.29

105

$522

$407

$579

397%

Highland Green

107

2002

0.33

221

$432

95%

Westchester Square

1900

0.48

235

$415

77%

Cedarwood Mews

1975

0.26

186

$312

68%

Landmark

240

1963

0.71

161

$261

62%

Glenwood Park

2005

0.28

216

$304

41%

Warehouse Lofts Candler Park

1968

0.2

157

$215

37%

Troy Peerless Lofts

1920

0.34

308

$417

35%

Wilburn House

1900

0.48

305

$403

$378

$416

32%

The Wilburn House

2002

0.44

279

$365

31%

Midtown

1930

0.16

284

$371

$365

$377

31%

Colonade

1910

0.25

199

$260

30%

Hampton Way

1974

0.23

144

$179

25%

Inman Park Village Loft

2006

0.33

306

$381

24%

Metropolitan

100

1995

0.54

156

$191

$147

23%

Brickworks

2002

0.25

271

$331

22%

Biltmore House

1924

0.49

237

$285

$248

$303

20%

Peachtree Towers

330

1962

0.78

308

$366

19%

East Village Flats

1962

0.27

213

$253

19%

West Peachtree Condos

1989

0.5

235

$279

19%

City Heights

300

1980

0.46

169

$196

$210

$173

16%

764 Memorial

2019

0.29

309

$353

$362

$344

14%

Above the Four Seasons

1992

0.71

398

$454

14%

Lofts at the Belvedere

2004

0.31

299

$340

$368

$313

14%

Glendale Mews

1973

0.32

210

$239

14%

Ansley Terrace

1989

0.42

311

$352

13%

Village at Kirkwood

2006

0.3

199

$225

13%

Wellbourne

1960

0.44

235

$265

13%

Piedmont and Third

1916

0.35

262

$293

12%

The Bennett

1907

0.16

247

$274

11%

Cheshire Place

113

1947

0.42

173

$192

11%

McGill Place

220

1987

0.57

203

$225

$223

11%

Mayflower Tower

323

1992

320

$354

11%

Peachtree Walk

218

1996

0.25

279

$309

$338

$279

11%

The Gaither

1930

0.34

309

$339

$327

$351

10%

Source: FMLS Closed Condominium Areas 23 & 24 as of 12/31/2020 W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

Condominium Resale Market

Decatur Resale Market Absorption Most Closings

Highest Change in PPSF

Georgetown of Atlanta

Edgewood

97%

Enclave at Briarcliff

Scott Court

82%

The Artisan

Northcrest Condominiums

74%

Clairmont Place

Dana Marie

49%

Weatherstone

The Clairemont

39%

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Decatur Attached 2020 < 199k

200299k

300399k

400499k

500599k

600699k

700799k

800899k

900999k

1M-2M

2M-5M

Avg/ Total

Active Listings

Annual Closings

167

121

339

Monthly Closings

Average CDOM

133

97%

98%

99%

97%

92%

95%

1.9

1.2

1.3

1.5

0.0

N/A

6.0

SP/OLP Months of Inventory

62 97%

Source: FMLS Condominiums Resale in Area 52 as of 12/31/2020

Decatur Resale Building

Total Units

Year Built

Monthly HOA Fee Per Sq Ft

2019 Total Closings

2019 Closed Average P/SF

2020 Closings

2020 Closed Average P/SF

2020 1 Bedroom Closed Average P/SF

2020 2 Bedroom Closed Average P/SF

2020 3 Bedroom Closed Average P/SF

Average Closed P/SF % Change from 2019-2020

Edgewood

140

2003

$0.32

$118

$233

97%

Scott Court

1964

$0.33

$98

$178

82%

Northcrest Condominiums

1966

$0.31

$109

$190

74%

Dana Marie

204

1974

$0.19

$138

$206

49%

The Clairemont

2002

$0.26

$233

$324

39%

The Artisan

2006

$0.35

$233

$313

$325

$315

$297

34%

Oakridge

115

1984

$0.28

$130

$174

$173

$175

34%

Huntington

104

1970

$0.26

$105

$132

25%

The Overlook at Briarcliff

2007

$0.26

$165

$204

23%

Historic Decatur Condominium

1931

$0.32

$198

$237

20%

Clairmont Terrace Condos

1968

$0.59

$117

$138

18%

Heathwood Court

1963

$0.26

$147

$171

16%

Stratford On North Decatur

128

2003

$0.30

$185

$206

$204

$214

12%

Rockbridge Park

1987

$0.24

$98

$108

10%

Georgetown of Atlanta

350

1956

$0.27

$150

$163

$145

$166

$161

Somerset Heights

172

1968

$0.57

$151

$162

$165

$153

$158

Parkside at Mason Mill

2019

$0.14

$208

$223

Druid Woods

140

1985

$0.25

$118

$126

Clairmont Place

623

1989

$1.56

$209

$223

$190

$268

Enclave at Briarcliff

270

2002

$0.24

$208

$221

$242

$203

$163

Towne Square

105

2000

$0.45

$264

$280

$290

$273

Emory Oaks

1981

$0.26

$143

$151

Heritage Sq/Clairmont Heights

1974

$0.21

$155

$164

$165

$163

1750 Clairmont

1982

$0.27

$159

$167

The Clifton

2002

$0.48

$297

$308

$297

$320

Northlake

133

1972

$0.18

$130

$135

$137

$133

Ramsgate

1968

$0.24

$113

$117

$118

$112

Chantilly Station

1985

$0.24

$185

$191

$204

$186

Scott Hall

1960

$0.25

$199

$205

449 Clairmont Condos

1962

$0.26

$240

$247

Berkshire Condominiums

1965

$0.21

$139

$143

$158

$135

Decatur Townhomes

1970

$0.23

$194

$199

Emory Chase

1963

$0.43

$168

$172

$163

$192

Decatur Square

1968

$0.26

$194

$198

$207

$196

Talley Street Lofts

2007

$0.33

$233

$238

$240

$232

Source: FMLS Condominiums Resale in Area 52 as of 12/31/2020 W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

Condominium Resale Market

Sandy Springs/Perimeter Resale Market Absorption Most Closings

Highest Change in PPSF

Madison Square

The Manhattan

92%

Park Towers

One River Place

84%

One River Place

Serrano

48%

Serrano

Park Towers

17%

Sterling of Dunwoody

Prescott at Park Place

12%

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Sandy Springs/Perimeter Absorption Attached 2020 < 199k

200299k

300399k

400499k

500599k

600699k

700799k

800899k

900999k

1M-2M

2M-5M

Avg/ Total

Active Listings

Annual Closings

337

196

635

Monthly Closings

Average CDOM

98%

99%

98%

0.7

0.8

1.4

1.8

0.0

SP/OLP Months of Inventory

Source: FMLS Closed Condominium Areas 121,131, & 132 as of 12/31/2020

Sandy Springs/Perimeter Resale Building

Total Units

Year Built

Monthly HOA Fee Per Sq Ft

2019 Total Closings

2019 Closed Average P/SF

2020 Closings

2020 Closed Average P/SF

2020 1 Bedroom Closed Average P/SF

2020 2 Bedroom Closed Average P/SF

2020 3 Bedroom Closed Average P/SF

Average Closed P/SF % Change from 2019-2020

The Manhattan

222

2006

$0.33

$165

$316

$210

92%

One River Place

288

2008

$0.28

$130

$239

$137

84%

Serrano

150

2010

$0.32

$170

$251

$160

$155

48%

Park Towers

273

1990

$0.42

$180

$211

17%

Prescott at Park Place

110

2006

$0.30

$226

$252

$154

$149

12% -3%

Carlyle Ridge

2000

$0.25

$211

$203

$165

$155

Ashford Condominiums

2000

$0.28

$240

$218

-9%

Brighton Court

2002

$0.24

$195

$170

-13%

Terraces Of Dunwoody

137

2001

$0.35

$233

$186

$160

$155

-20%

Madison Square

200

2004

$0.23

$265

$210

$152

-21%

Highgate at Sandy Springs

155

1971

$0.17

$198

$149

$156

-25%

Sterling of Dunwoody

192

2007

$0.22

$365

$228

-37%

Source: FMLS Closed Condominium Areas 121,131, & 132 as of 12/31/2020

W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

Condominium Resale Market

Cobb/Vinings/Smyrna Resale Market Absorption Most Closings

Highest Change in PPSF

Flats at West Village

11%

Madison at Village Green

Sessions Street Lofts

10%

Vinings Main

Vinings Chase

One Vinings Mountain

Horizon

Vinings Vineyard

One Vinings Mountain

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Cobb/Vinings/Smyrna Absorption Attached 2020 < 199k

200299k

300399k

400499k

500599k

600699k

700799k

800899k

900999k

1M-2M

2M-5M

Avg/ Total

Annual Closings

314

188

592

Monthly Closings

Average CDOM

113

97%

98%

99%

97%

92%

95%

97%

0.2

0.1

1.3

0.8

2.4

0.0

12.0

0.0

Active Listings

SP/OLP Months of Inventory

Source: FMLS Closed Condominium Areas 71,72,73, & 74 as of 12/31/2020

Cobb/Vinings/Smyrna Resale Building

Total Units

Year Built

Monthly HOA Fee Per Sq Ft

2019 Total Closings

2019 Closed Average P/SF

2020 Closings

2020 Closed Average P/SF

2020 1 Bedroom Closed Average P/SF

2020 2 Bedroom Closed Average P/SF

2020 3 Bedroom Closed Average P/SF

Average Closed P/SF % Change from 2019-2020

Flats at West Village

2006

$0.24

$183

$203

$207

$188

11%

Sessions Street Lofts

1999

$0.26

$177

$195

$197

$188

10%

Vinings Chase

1999

$0.21

$156

$169

$173

$148

Horizon

273

2006

$0.37

$258

$278

$310

$246

One Vinings Mountain

156

2006

$0.38

$326

$343

Vinings Main

148

2008

$0.36

$226

$237

$246

$231

Vinings Vineyard

2002

$0.25

$184

$191

$192

$187

Madison at Village Green

104

1973

$0.22

$149

$153

$157

$148

Manor at Olde Ivy

175

2001

$0.23

$177

$174

$209

$166

-2%

The Aberdeen

2009

$0.56

$440

$429

$409

$435

-3%

Parkwood Place Condos

125

1995

$0.29

$173

$168

-3%

Greystone At Vinings

2005

$0.35

$231

$218

$214

$234

-5%

Emerson Overlook

2008

$0.29

$206

$191

-7%

Source: FMLS Closed Condominium Areas 71,72,73, & 74 as of 12/31/2020

W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

Condominium Resale Market

North Atlanta Resale Market Absorption Most Closings

Highest Change in PPSF

Villages of Devinshire

Westside Commons

Teasley Place

Parkside At Canton

Roswell Creekview

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

North Atlanta Absorption Attached 2020 < 199k

200299k

300399k

400499k

500599k

600699k

700799k

800899k

900999k

1M-2M

2M-5M

Avg/ Total

Active Listings

Annual Closings

229

Monthly Closings

Average CDOM

272

164

267

101

98%

99%

98%

96%

98%

0.0

0.3

0.2

3.6

0.0

12.0

4.0

0.0

8.0

0.0

SP/OLP Months of Inventory

Source: Closed Condomiums in Area 13 as of 12/31/2020

North Atlanta Resale Building

Total Units

Year Built

Monthly HOA Fee Per Sq Ft

2019 Total Closings

2019 Closed Average P/SF

2020 Closings

2020 Closed Average P/SF

2020 1 Bedroom Closed Average P/SF

2020 2 Bedroom Closed Average P/SF

2020 3 Bedroom Closed Average P/SF

Average Closed P/SF % Change from 2019-2020

Parkside At Canton

2016

$0.26

$182

$312

71%

Roswell Creekview

2003

$0.20

$213

$265

24%

Teasley Place

2017

$0.37

$391

$381

-3%

Vickery Falls

2019

$0.22

$316

$319

Villages of Devinshire

229

1997

$0.15

$138

$150

$212

$153

$126

Westside Commons

120

2006

$0.22

$169

$183

$171

$188

Source: Closed Condomiums in Area 13 as of 12/31/2020

W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

New Condominium Developments

An Overview of Current Market Conditions As the current development cycle has matured, the Atlanta condominium market has seen a rejuvenation. The year end data from 2020 has delivered compelling findings that the market is balanced and continues to absorb resale and conversion product. The Atlantic, District Lofts, Harper on Piedmont and Portico Buckhead are condominium conversions that offer consumers a purchase opportunity at below replacement costs.

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

New Condominium Sales Analysis Total Time Selling (months)

Avg. Units Sold per Month

Remaining Units

Brokerage

The Charles

0.96

Other

0.71

123

Other

Seven 88 West Midtown

0.77

256

Other

40 West 12th

0.78

Engel & Völkers Atlanta

The Atlantic

3.08

253

Engel & Völkers Atlanta

District Lofts

2.04

Engel & Völkers Atlanta

Harper on Piedmont

1.42

Engel & Völkers Atlanta

Graydon Buckhead

0.75

Other

1200 Ponce

0.28

Other

Project

Avg. Units Sold per Month 1200 Ponce Graydon Buckhead Harper on Piedmont District Lofts The Atlantic 40 West 12th Seven 88 West Midtown J5 The Charles 0.00

Total Time Selling (months) Avg. Sales/Month

0.05

1.00

1.50

2.00

2.50

3.00

3.50

The Charles

Seven 88 West Midtown

40 West 12th

The Atlantic

District Lofts

Harper on Piedmont

Graydon Buckhead

1200 Ponce

0.96

0.71

0.77

0.78

3.08

2.04

1.42

0.75

0.28

Source: Engel & Völkers Atlanta

W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Property Info

Address

District Lofts (C)

1065 Midtown (C)

Atlantic (C)

Juniper & 5th

The Charles

260 18th Street

1065 Peachtree Street

270 17th Street NW

775 Juniper Street

3107 Peachtree Street

Total Units Price Range

147

401

150

$375K - $650K

$599K - $2.2M

$269K - $1.4M

$377K-$1.15M

$1.325M - $4.6M

Year Built

2005

2010

2009

2019

HOA Fees

$0.32

$0.72

$0.40

$0.34

$0.67

CF Real Estate Services

Selig/Daniel Corp

Novare Group

DEZHU US

Loudermilk Co.

RJTR

Smallwood, Reynolds, Stewart Assoc

Smith Dalia

John Mears, Lord Aeck Sargent Inc.

Developer Information Developer Architect Unit Information Unit Types

2 - 3 BR

1 - 3 BR + Den

1 - 3 BR + Den, PH

1 - 2 BR

2 - 3 BR, PH

1,094 -2,283

1,215 - 2,819

1,133 - 2,908

912 - 1,422

2,477 - 4,000

10'-22'

12’

10’

9'5" - 15"

10’

8’

7’

Balcony/Patio

Yes

Terrace

Yes

Select Plans

Yes

Unit SF Range Unit Features Ceiling Height Door Height

Kitchen Countertops

Quartz

Granite

Stone

Quartz

Appliances

Stainless

Thermador

KitchenAid

Stainless

Gaggenau

Painted Wood

Kitchencraft 35”

Stained or Painted Wood

Painted Wood

Pedini

LVP

Brazilian Oak

Pre-finished Wide Plank

Frameless

Freestanding

Victoria Albert

Tiled Surround Soaking Tub

Freestanding (Select Plans)

Victoria Albert

Tile

Tile or Marble

Tile

Stone

Pfister & Moen

Kohler/Toto

Kohler

Moen

Gessi

Club Room

Yes

Fitness

Yes

Pool

Yes

Business Center

Yes

Concierge

Yes

Doorman

Valet

Yes

Car Detailing

Yes

Playground

Hotel Amenities

Yes

Cabinetry Unit Flooring Flooring Type Bathrooms Master Shower Master Tub Bath Flooring Plumbing Fixtures Building Features

Source: Engel & Völkers Atlanta

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Property Info

One Museum Place

Waldorf Astoria

Harper On Piedmont (C)

Address 1301 Peachtree Street Total Units 44 Price Range $861K - $4.2M Year Built 2015-2017 HOA Fees $0.66 Developer Information

3376 Peachtree Road 44 $1.9M - $6.5M 2008/2014 $0.84

625 Piedmont Ave 111 $299K-$685K 2009 $0.34

Developer

Citi Center Properties

Architect

JW Collection

St Regis

Seven88 West Midtown

88 W Paces Ferry Rd 53 $3.615M - $7.7M 2008/2009 $0.45

788 W Marietta Street 279 $278K-$1.5M 2021 $0.30

TriBridge Residential

Tavistock

McKinley Homes

Rabun Rasche + Rector Reece

Goode Van Slyke

Mack Slogin, Merrill Elam

Robert AM Stern

2 - 3 BR

2 - 4 BR, PH

1 - 3 BR

2 - 5 BR. PH

Studio - 3 BR, PH

1,722 - 4,840

2,602 - 8,688

557-1,795

3.583 - 7,715

608 - 2,689

10’

12.5’

10'

10’+

9-10'

Unit Information Unit Types Unit SF Range Unit Features Ceiling Height Door Height

8’

8’ - 9’

8’

Balcony/Patio

Yes

Select Plans

Yes

Terrace

Yes

Select Plans

Yes

Select Plans

Kitchen Countertops

Stone

Quartzite/Stone

Quartz

Marble

Quartz

Appliances

Gaggenau/Lanai

Wolf/SubZero/ Bosch Mile

KitchenAid

Gaggenau/SubZero

Stainless

Cabinetry Unit Flooring

Custom

Painted Wood

Custom

Painted Wood

Site Finished Hardwood

Pre-finished Wide Plank Hardwood

LVP

Herringbone Wood Planks

Pre-finished Wood Flooring

Frameless/Dual Shower Heads

Dual Shower Heads

Frameless

Waterworks Freestanding

Victoria & Albert

Freestanding

Sep. Jacuzzi

Select Plans

Tile/Stone

Stone

Tile

Marble

Tile/Stone

Waterworks

Kholer

Dornbracht & Kohler

Gessi

Kholer

Yes Yes No No Yes No No No No No

Yes Yes Yes Yes Yes Yes Yes No No Yes

Yes Yes Yes Yes No No No No No No

Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes

Yes Yes Yes Yes Yes No No No No No

Flooring Type Bathrooms Master Shower Master Tub Bath Flooring Plumbing Fixtures Building Features Club Room Fitness Pool Business Center Concierge Doorman Valet Car Detailing Playground Hotel Amenities

Source: Engel & Völkers Atlanta W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Property Info

40 West 12th Address

The Enclave at Peachtree Memorial

Sophia

Airline O4W

764 Memorial Drive

40 W. 12th Street NW

68 Peachtree Memorial Dr.

1517 Briarcliff Road

22 Airline Street

764 Memorial Drive

29 $200K-$550K

Total Units Price Range

$600K-$2.7M

$275K - $470K

$700K-$890K

$350K - $650K

Year Built

2021

1924

2018

2020

2018

HOA Fees

$0.68

$0.21

$0.32

$0.30

Selig Enterprises

Tenth Street Ventures

Minerva Homes

Capital City

1.3194 in

Tunnell Spangler Walsh & Associates

Crosby Design Group

Developer Information Developer Architect

Rule Joy Trammell + Rubio

Unit Information Unit Types

1-4 BR

2 BR

2 - 3 BR

1 - 2 BR

939-2,559

821-1,357

2,227-3,262

739 - 1,322

786 -2,130

Ceiling Height

10'+

10'

10’

10'

Door Height

8’ - 9’

8’

Yes

Select Plans

Yes

Select Plans

Countertops

Stone

Quartz

Quartzite/Stone

Stone

Quartz

Appliances

Wolf/Sub Zero

Bosch

Thermador/Wolf/ Sub-Zero/Gaggenau

KitchenAid

Stainless

Cabinetry Unit Flooring

Porcelanosa

Painted Wood

Bell Custom Cabinetry

Painted Wood

Porcelanosa PreFinished Wide Plank

Original Stained Oak

7" White Oak Hardwood

Pre-finished Wide Plank Hardwood

LVP

Frameless

Yes

Tub Shower Combo

Unit SF Range Unit Features

Balcony/Patio Terrace Kitchen

Flooring Type Bathrooms Master Shower Master Tub Bath Flooring

Porcelanosa Tile

Tile

Dornbracht & Kohler

Delta

Grohe

Not Specified

Club Room

Yes

Fitness

Yes

Pool

Yes

Business Center

Yes

Concierge

Yes

Doorman

Valet

Car Detailing

Playground

Hotel Amenities

Yes

Plumbing Fixtures Building Features

Source: Engel & Völkers Atlanta

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Property Info

Thompson Street Flats

Teasley Place

Ten Park East

1200 Ponce

Vickery Falls

81 Thompson Road

50 Canton Street

687 Angier Avenue

1200 Ponce De Leon

Vickery Falls Drive

$850k-$1.2MM

$650K - $1.3M

$2MM - $3MM

$650K - $1.1MM

$500K-$625K

Year Built

2019

2017

2021

2020

2019

HOA Fees

$0.21

0.3

$0.29

$0.26

$0.22

Kairos Development

River Rock Development

Live Oak Realty Inv

Huffman Group

Brock Hudgins Architects

Suber Barber Choate + Hertlein Architects

Gray Reese

Address Total Units Price Range

Developer Information Developer Architect

Hug & Associates, LLC

Unit Information Unit Types

2 - 3 BR

3 BR

1-3 BR

2 - 3 BR

2,227-3,262

1,864 - 3,177

3,457 +

1,691-3,334

1,200 - 1,950

Ceiling Height

10'

10’

10'

Door Height

8’

Balcony/Patio

Yes

Select Plans

Terrace

Yes

Select Plans

Countertops

Caesar Stone & Viatera Quartz

Quartz

Appliances

Wolf and Sub-Zero

Wolf/SubZero

Not Specified

High End SS

Wolf/SubZero

Cabinetry Unit Flooring

Decora Hardwood Cabinets

Custom

Custom Cabinetry

Bell Custom Cabinetry

Custom

French Oak Hardwoods

5” Wire Brushed Hardwood

Not Specified

5” Hardwoods

Site Finished Hardwoods

Framless

Dual Shower Heads

Frameless

Unit SF Range Unit Features

Kitchen

Flooring Type Bathrooms Master Shower Master Tub

Yes, Soaking

Sep. Soak Tub

Yes

Glazed Ceramic

Stone

Tile

Kohler

Not Specified

Kholer

Not Specified

Club Room

Yes

Fitness

Yes

Pool

Yes

Business Center

Yes

Concierge

Yes

Doorman

Yes

Valet

Car Detailing

Playground

Hotel Amenities

Bath Flooring Plumbing Fixtures Building Features

Source: Engel & Völkers Atlanta W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Property Info

Address

Pratt Stacks

Adair Park

1309 Grant Street

8212 Main Street

150

Total Units

Price Range $399K -$600K Year Built 2021 HOA Fees $0.10 Developer Information Developer The Providence Group Architect

The Providence Group

Unit Information Unit Types Unit SF Range

Aria

Dresden Heights

Halstead

3092 Quantum Lane

2353 Brissett Lane

$235k-$355k 2019 $0.10

$430k-$615k 2019 $0.13

$300k-$1.5MM 2020 $0.13

68 Peachtree Memorial Dr. 85 condos, 515 townhomes + single family homes $275K - $470K 1924 $0.21

Dwelling Development

Ashton Woods

Crawford Creek

Ashton Woods

Folia Group

2-4 BR

1 BR

2-3 BR

1 - 2 BR

1,318 - 2,881

1,540-3,600

970-1,633

1,329 - 2,091

739 - 1,322

10'

Unit Features Ceiling Height Door Height

Yes

Deck on Select Plans

Select Plans

Penthouse Only

Balcony/Patio Terrace Kitchen Countertops

Quartz

Appliances

Thermador

Kitchen-Aid

Whirlpool

Kitchen-Aid

Cabinetry Unit Flooring

Wood Cabinetry

Bell Custom Cabinetry

Wood Cabinetry

Custom Bell Cabinetry

Pre-Finished Wood Plank

Site-Finished Wood Plank

Pre-Finished Wood Plank

Carpet and LVP

Pre-Finished Hardwoods Oversized Frameless

Flooring Type Bathrooms Master Shower

Frameless

Framed or Frameless

Shower/Tub Combo

Master Tub

Yes

Shower/Tub Combo

Bath Flooring

Tile

Not Specified

Moen

Delta

Yes

Fitness

Yes

Gym on Retail Floor of Building (discount provided)

Yes

Pool Business Center Concierge Doorman Valet Car Detailing Playground Hotel Amenities

Yes Yes No No No No No No

No No Yes No No No No No

Yes Yes Yes No No No Yes No

No No No No No No No No

Plumbing Fixtures Building Features Club Room

Source: Engel & Völkers Atlanta

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Property Info

Address

Market District Crabapple

Oxley Edgewood

12655 Brimingham Hwy

1223 Hardee Street

Total Units 15 Price Range $550k-$900k Year Built 2020 HOA Fees $0.24 Developer Information Dwelling Development Developer Group Architect

D. Tracy Ward

Unit Information Unit Types

The Dunhill

51 $270k-$600k 2019 $0.10

68 Peachtree Memorial Dr. 50 $275K - $470K 1924 $0.21

Toll Brothers Residential

Norso Companies

2 BR

2-3 BR

3 BR

1,624 - 2,349

1,231 - 1,447

2,650

Ceiling Height

12'

Door Height

10'

Balcony/Patio

Yes

Select Plans

Yes

Penthouses Only

Select Plans

Quartz

Unit SF Range Unit Features

Terrace Kitchen Countertops Appliances Cabinetry

Bosch

Kitchen-Aid

Welborn “Hancock” cabinetry

3.25” Pre-Finished Hardwoods

Pre-Finished Hardwoods

Not Specified

Unit Flooring Flooring Type Bathrooms Master Shower

Frameless

Master Tub

Yes

Bath Flooring

Tile

Moen

Not Specified

Moen

Yes Yes No Yes Yes No No No No No

No No No No No No No No No No

Yes Yes Yes Yes Yes No No No No No

Plumbing Fixtures Building Features Club Room Fitness Pool Business Center Concierge Doorman Valet Car Detailing Playground Hotel Amenities

Source: Engel & Völkers Atlanta W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

1065 Midtown L O C AT E D AT P E A C H T R E E A N D 1 2 T H S T R E E T, A B O V E L O E W S AT L A N TA H O T E L

1065 Midtown had a strong 2017 with 20 closings, 3 of which were resales. There were 9 total closings in 2018; 2 of which were resales. Resale of unit 3704 closed at an all-time PPSF record for a high-rise in Midtown at $816/SF. Seven closings in 2019 registered an average closing PPSF of $628/SF. 2020 had 3 closings with an average PPSF of $607, and unit 3502 closing at $636/SF. 52 RESIDENCES

1 - 3 BEDROOMS

$549K - $2.3M

1,186 - 2,819 SF

2010 COMPLETION

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Average PPSF from 2018 - 2020 700 $649

600

$641

$663

$628

$596

500

$653

$636

$628

$618

$568

$524

400 300 200 $0

100

1Q18

2Q18

3Q18

4Q18

1Q19

2Q19

3Q19

4Q19

1Q20

2Q20

3Q20

4Q20

Features

Amenities

24-Hour Concierge Service | Appointment Scheduling Services

Estate-grade Granite Countertops | 12-foot Ceilings | Floor-

| Curated Art Collection | Dog Walking Services | Dry Cleaning

to-Ceiling Glass Paneled Windows | 8-foot Solid Front Wood

Services | Heated Rooftop Pool | Media Room & Private Lounge

Doors | 44” Custom Kitchen Craft Cabinetry | Chef-grade Kitchen

| Valet Car Detailing Service | State-of-yhe-art Fitness Club |

Venting System | Built-in Thermador Appliances | Sub-zero Wine

Unlimited Access to Loews Atlanta Hotel A-la-carte Services

Refrigerator* | Hand-Scraped Brazilian Oak Flooring | Victoria

Including: 24 Hour Valet, Catering & Private Chef, Exhale Health

Albert Soaking Tub

Club & Spa, Steam, Sauna, Hamam, Hotel Room Accessibility, Housekeeping, In-Home Room Service, On-Premise Car Rental,

*In select units

24-Hour Business Center

Average Closed PPSF Change from 2018 - 2020 Total Units

Pending Sales

Remaining to Sell

Year Built

Monthly HOA Fee Per Sq. Ft.

2018 Total Closings

2018 Closed Average PPSF

2019 Total Closings

2019 Closed Average PPSF

2020 Total Closings

2020 Closed Average PPSF

2020 1-BR Closed Average PPSF

2020 2-BR Closed Average PPSF

2020 3-BR+ Closed Average PPSF

Average Closed PPSF % Change from ‘19- ‘20

2010

$0.72

$615

$607

$568

$627

-1%

Active & Pending Listings - YTD 2020 Status

Unit

Beds

Baths

Half Baths

Sales Price

Sq. Ft.

PPSF

Active

2701

$692,000

1182

$585

Active

3105

$1,475,000

2289

$644

AVG

$1,083,500

$1,736

$615

Closed Listings - 2020 Status

Unit

Beds

Baths

Half Baths

Sales Price

Sq. Ft.

PPSF

Closed

3005

$1,300,000

2,289

$568

Closed

3502

$1,455,000

2,288

$636

Closed

3302

$1,415,000

2,288

$618

Closed

3603

$1,267,500

1992

$637

AVG

$1,390,000

$2,288

$607

Source: FMLS December 2020 W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

Atlantic L O C AT E D AT 2 7 0 1 7 T H S T R E E T, I N AT L A N T I C S TAT I O N

CF Real Estate Services purchased The Atlantic in 2016, took the community offline to begin renovations and relaunched sales in 1Q17. In 2019, the sold PPSF increased to $360/ SF, a 6% increase over 2018. IN 2020, the sold PPSF decreased to $343/SF, which represents decrease of 5%. This decrease could be due to a one bedroom that sold Q1 for $316/SF, however Q2 had a sold PPSF of $363/SF, which is aligned with 2019 data. In 2020 there were 35 closings with an average sold PPSF of $336/SF. 401 RESIDENCES

1 - 3 BEDROOMS

$289K - $1.35M

1,049 - 3,166 SF

2010 COMPLETION

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Average PPSF from 2018 - 2020 400 $341

300

$366 $320

$329

$321

2Q18

3Q18

4Q18

$356

$351

$355

2Q19

3Q19

4Q19

$363

$331

$345

$325

200 100

1Q18

1Q19

1Q20

2Q20

3Q20

4Q20

Features

Amenities

Hardwood Flooring | Stainless Steel Appliances & Kohler Fixtures |

Full-size Pool with Hot Tub Spa | Sundeck & Poolside Terrace

Gas Cooktops | Sacks & Bisazza Designer Backsplashes | Granite

with Stacked Stone Fireplace | Professional Grills & Park-like

Countertops & Undermount Kohler Sinks | Custom Wood Cabinetry

Landscaping | Clubroom with Flat-screen TVs & iMac Stations |

with Slow-close Doors & Drawers | Soaking Tubs | Ten or Eleven-

Catering Kitchen for Entertaining | Game Room | Library | Theater

foot Condo Ceilings | Floor-to-ceiling Windows & Private Balconies

for Private Screenings or Group Gatherings | Wi-Fi Throughout

| Walk-in Closets

Common Areas | Underground Parking with Direct-to-floor Elevator Access | Expansive Fitness Center with State-of-the-art Equipment & Training Studio | Adjacent Professional Tennis Courts

Average Closed PPSF Change from 2018 - 2020 Total Units

Pending Sales

Remaining to Sell

Year Built

Monthly HOA Fee Per Sq. Ft.

401

2010

$0.37

2018 Total Closings

2018 Closed Average PPSF

2019 Total Closings

2019 Closed Average PPSF

2020 Total Closings

2020 Closed Average PPSF

2020 1-BR Closed Average PPSF

2020 2-BR Closed Average PPSF

2020 3-BR+ Closed Average PPSF

Average Closed PPSF % Change from ‘19- ‘20

$300

$339

$336

$311

$339

$348

-7%

Active & Pending Listings - YTD 2020 Status

Unit

Beds

Baths

Half Baths

Sales Price

Sq. Ft.

PPSF

Active

606

Active

$311,000

1,049

$296

$350,000

1,132

Active

3605

$309

$429,000

1,244

Active

2505

$345

$388,800

1,244

Active

$313

2007

$385,900

1,244

$310

Active

3610

$589,900

1,369

$431

Active

3502

$588,800

1,369

$430

Active

2902

$524,900

1,369

$383

Active

1702

$499,900

1,369

$365

Active

1212

$480,000

1,369

$351

Active

1210

$515,000

1,728

$298

Active

2210

$509,900

1,728

$295

Active

504

$505,000

1,745

$289

Active

1003

$619,000

1,828

$339

Active

3807

$889,900

1,992

$447

Active

4104

$889,900

2,013

$442

Active

2904

$779,900

2,152

$362

Active

2704

$759,900

2,152

$353

AVG

$556,483

$1,561

$353

Pending

1806

$334,000

1,049

$318

Pending

3501

$664,900

1,535

$433

Pending

2701

$624,900

1,535

$407

Pending

2907

$649,900

1,801

$361

Pending

2503

$577,500

1,828

$316

Pending

4506

$934,550

2,126

$440

Pending

4505

$1,020,000

2,162

$472

AVG

$686,536

$1,719

$392

W WW.E VATL ANTA.COM

Source: FMLS December 2020

ENGEL & VÖLKERS

Atlantic L O C AT E D AT 2 7 0 1 7 T H S T R E E T, I N AT L A N T I C S TAT I O N

1 - 3 BEDROOMS

$289K - $1.35M

1,049 - 3,166 SF

2010 COMPLETION

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Closed Listings - 2020 Status

Unit

Beds

Baths

Half Baths

Sales Price

Sq. Ft.

PPSF

Closed

2703

$591,700

1,828

$324

Closed

1107

$370,000

1,244

$297

Closed

1906

$332,000

1,049

$316

Closed

1612

$460,000

1,369

$336

Closed

3201

$585,000

1,536

$381

Closed

1403

$562,500

1,828

$308

Closed

713

$459,000

1,536

$299

Closed

3203

$689,900

1,828

$377

Closed

1409

$549,900

1,801

$305

Closed

2309

$599,900

1,801

$333

Closed

4603

$1,299,900

2,984

$436

Closed

2801

$565,000

1,535

$368

Closed

3101

$590,000

1,535

$384

Closed

1704

$515,000

1,744

$295

Closed

2604

$749,000

2,152

$348

Closed

2607

$617,900

1,801

$343

Closed

2807

$589,850

1,801

$328

Closed

4308

$720,000

1,821

$395

Closed

2507

$614,900

1,801

$341

Closed

806

$333,500

1,049

$318

Closed

3607

$665,000

1,801

$369

Closed

2008

$356,000

1,132

$314

Closed

2110

$499,000

1,728

$289

Closed

2012

$470,000

1,369

$343

Closed

3409

$570,000

1,801

$316

Closed

3007

$649,900

1,801

$361

Closed

1613

$490,000

1,536

$319

Closed

2710

$499,900

1,369

$365

Closed

3207

$639,900

1,801

$355

Closed

601

$436,000

1,535

$284

Closed

2206

$323,900

1,049

$309

Closed

713

$470,000

1,536

$306

Closed

2109

$570,000

1,801

$316

Closed

1113

$480,000

1,536

$313

Closed

2707

$629,900

1,801

$350

AVG

$558,413

$1,647

$336

Source: FMLS December 2020 W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

40 West 12th L O C AT E D AT 11 0 5 W E S T P E A C H T R E E S T R E E T, M I D T O W N AT L A N TA

Selig Enterprises is bringing the next generation of condominiums to Midtown. 40 W. 12th is a 64-unit condominium community that is one component in the mixed-use office, hotel and condo community at 1105 W. Peachtree.. A strong emphasis has been placed on bringing the outdoors in to the community and the homes by the architectural firm, Rule Joy Trammel + Rubio. Unique amenities the community offers are a one-of-a-kind all-season pool and indoor/outdoor clubroom. The community is under construction and scheduled completion for the entire development is spring of 2021. Pre-sales began in late 2019. 2020 currently has 6 units pending with an average PPSF of $726. 64 RESIDENCES

1 - 4 BEDROOMS

$600K - $2.7M

939 - 2,559 SF

2021 COMPLETION

The building is under construction.

Features

Amenities

Porcelanosa Tile |Wolf/Sub-Zero Appliances | Expansive Great

Concierge | State-Of-The-Art Fitness Club | Clubroom | Premier

Rooms | Outdoor Terrace | Victoria + Albert Tubs | Cambria Quartz

Grilling Stations | Yoga Studio | Resort-Style Pool | Lush

Vanity Surface & Gessi Fixtures in Master Bathrooms

Courtyard| Hotel Bar & Pool

Average Closed PPSF Change from 2018 - 2020 Total Units

Pending Sales

Remaining to Sell

Year Built

Monthly HOA Fee Per Sq. Ft.

2021

$0.68

2018 Total Closings

2018 Closed Average PPSF

2019 Total Closings

2019 Closed Average PPSF

2020 Total Closings

2020 Closed Average PPSF

2020 1-BR Closed Average PPSF

2020 2-BR Closed Average PPSF

2020 3-BR+ Closed Average PPSF

Average Closed PPSF % Change from ‘19- ‘20

building is in pre-sale process

Active & Pending Listings - YTD 2020 Status

Unit

Beds

Baths

Half Baths

Sales Price

Sq. Ft.

PPSF

Active

1501

$930,000

1,525

$610

Active

1001

$869,000

1,525

$570

Active

903

$1,370,400

1,970

$696

Active

1503

$1,607,960

2,071

$776

Active

1104

$1,712,610

2,352

$728

Active

1206

$2,011,020

2,537

$793

Active

1205

$1,971,105

2,547

$774

Active

905

$1,804,900

2,547

$709

AVG

$1,534,624

$2,134

$707

Pending

803

$604,130

932

$648

Pending

804

$606,380

936

$648

Pending

802

$599,430

936

$640

Pending

1002

$1,173,500

1,652

$710

Pending

906

$2,190,150

2,545

$861

Pending

1805

$2,162,880

2,547

$849

AVG

$1,222,745

$1,591

$726

Source: FMLS December 2020 W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

Harper on Piedmont L O C AT E D O N P I E D M O N T AV E , B O R D E R I N G M I D TO W N & O L D 4 T H WA R D

Tribridge Residential has converted Ivy Hall apartments into a condominium, Harper on Piedmont. The community is positioned at the convergence of Midtown, Downtown and Old 4th Ward. Harper on Piedmont offers 111 residences from the low 300’s to the high 600’s. 12 Closings in 2019 yielded an average PPSF of $393/SF. 16 closings in 2020 yielded an average PPSF of $381/SF representing a decline of 3%. 111 RESIDENCES

1 - 3 BEDROOMS

$300K - $685K

557 - 1,795 SF

2019 COMPLETION

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Average PPSF from 2019 - 2020 400

$396

$390

$387

$381

3Q19

4Q19

1Q20

2Q20

300

$373

$380

3Q20

4Q20

200 100

Features

Amenities

Modern Chrome Plumbing Fixtures | Quartz Countertops |

Clubroom | Fitness | Outdoor Deck with Pool | Manicured

KitchenAid Appliances | Back-lit Mirrors | EcoBee Thermostats |

Landscaped Gardens | Lounge Space

Oversized Tubs | Full LED Can Light Fixture Upgrades

Average Closed PPSF Change from 2019 - 2020 Total Units

Pending Sales

Remaining to Sell

111

Year Built

Monthly HOA Fee Per Sq. Ft.

2019 Total Closings

2019 Closed Average PPSF

2020 Total Closings

2020 Closed Average PPSF

2020 1-BR Closed Average PPSF

2020 2-BR Closed Average PPSF

2020 3-BR+ Closed Average PPSF

Average Closed PPSF % Change from ‘19- ‘20

2009

$0.32

$393

$381

$377

$388

-3%

Active & Pending Listings - YTD 2020 Status

Unit

Beds

Baths

Half Baths

Sales Price

Sq. Ft.

PPSF

Active

101

Active

1005

$239,900

696

$345

$369,900

1,015

$364

Active

3030

Active

1003

$484,900

1,147

$423

$524,900

1,415

Active

2027

$371

$509,900

1,419

$359

Active

2028

Active

4001

$529,900

1,420

$373

$609,900

1,589

$384

Pending

1004

AVG

$467,043

$1,243

$374

$339,900

965

$352

AVG

$339,900

$965

$352

Closed Listings - 2020 Status

Unit

Beds

Baths

Half Baths

Sales Price

Sq. Ft.

PPSF

Closed

3005

$399,900

1,015

$394

Closed

1027

$509,900

1,402

$364

Closed

3026

$359,900

916

$393

Closed

1029

$337,900

915

$369

Closed

3002

$359,900

916

$393

Closed

4029

$376,900

916

$411

Closed

1030

$479,900

1,147

$418

Closed

1002

$334,900

915

$366

Closed

1028

$503,400

1,402

$359

Closed

1025

$350,000

1,015

$345

Closed

2005

$384,900

1,015

$379

Closed

3029

$373,900

1,015

$368

Closed

3006

$560,000

1,402

$399

Closed

1006

$504,900

1,419

$356

Closed

4030

$493,200

1,147

$430

Closed

2002

0 AVG

$359,900 $418,088

W WW.E VATL ANTA.COM

1,015 $355 $1,098 $381 Source: FMLS December 2020

ENGEL & VÖLKERS

District Lofts L O C AT E D I N AT L A N T I C S TAT I O N , P R E V I O U S LY C A L L E D 1 7 T H S T R E E T L O F T S

CF Real Estate Services has begun the conversion of 17th Street Lofts, at 147-unit apartment community in Atlantic Station into District Lofts. District Lofts offers fully modernized homes that offer consumers a new intown home at below replacement cost and in a walkable neighborhood. Prices start in the high $300’s and range to the mid $600’s. Sales began in 2019 and the sold PPSF was $360/SF for the year. 2020 currently has 17 closings with an average PPSF of $302. 147 RESIDENCES

1 - 3 BEDROOMS

$325K - $625K

1,084 - 2,283 SF

2007 COMPLETION

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Average PPSF from 2019 - 2020 400 300

$322

$316

$305

$302

3Q19

4Q19

1Q20

2Q20

$321

$295

200 100

3Q20

4Q20

Features

Amenities

Modern Chrome Plumbing Fixtures | Quartz Countertops |

Clubroom | Fitness | Outdoor Deck with Pool | Manicured

KitchenAid Appliances | NEST Smart Thermostats | Oversized

Landscaped Gardens | Lounge Space

Tubs

Average Closed PPSF Change from 2019 - 2020 Total Units

Pending Sales

Remaining to Sell

147

Year Built

Monthly HOA Fee Per Sq. Ft.

2019 Total Closings

2019 Closed Average PPSF

2020 Total Closings

2020 Closed Average PPSF

2020 1-BR Closed Average PPSF

2020 2-BR Closed Average PPSF

2020 3-BR+ Closed Average PPSF

Average Closed PPSF % Change from ‘19- ‘20

2007

$0.32

$360

$302

$267

$309

$315

-16%

Active & Pending Listings - YTD 2020 Status

Unit

Beds

Baths

Half Baths

Sales Price

Sq. Ft.

PPSF

Active

10304

$374,900

1,094

$343

Active

10229

$379,900

1,098

$346

Active

10324

$409,900

1,328

$309

Active

10223

$399,900

1,328

$301

Active

10315

$399,900

1,372

$291

Active

10307

$435,000

1,608

$271

Active

10226

$599,900

2,088

$287

AVG

$428,486

$1,417

$307

Pending

10313

$332,250

1,094

$304

Pending

10308

$410,000

1,328

$309

Pending

10317

$399,900

1,271

$315

Pending

10322

$407,900

1,608

$254

Pending

10201

$450,000

1,586

$284

Pending

10301

$484,900

1,586

$306

Pending

10325

$345,000

1,608

$215

AVG

$404,279

$1,440

$284

Source: FMLS December 2020 W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

District Lofts L O C AT E D I N AT L A N T I C S TAT I O N , P R E V I O U S LY C A L L E D 1 7 T H S T R E E T L O F T S

1 - 3 BEDROOMS

$325K - $625K

1,084 - 2,283 SF

2007 COMPLETION

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Closed Listings - 2020 Status

Unit

Beds

Baths

Half Baths

Sales Price

Sq. Ft.

PPSF

Closed

10217

$399,900

1,372

$291

Closed

10230

$399,900

1,372

$291

Closed

10303

$398,900

1,094

$365

Closed

10215

$399,900

1,271

$315

Closed

10216

$449,900

1,586

$284

Closed

10225

$425,000

1,608

$264

Closed

10202

$409,900

1,271

$323

Closed

10224

$401,000

1,328

$302

Closed

10306

$660,000

2,088

$316

Closed

10222

$439,900

1,608

$274

Closed

10326

$657,500

2,088

$315

Closed

10227

$439,900

1,372

$321

Closed

10314

$380,400

1,094

$348

Closed

10330

$399,999

1,372

$292

Closed

10207

$424,900

1,609

$264

Closed

10230

$399,000

1,372

$289

Closed

10201

$450,000

1,586

$284

AVG

$443,294

$1,476

$302

Source: FMLS December 2020 W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

Waldorf Astoria Residences L O C AT E D AT 3 3 7 6 P E A C H T R E E R O A D , A B O V E T H E WA L D O R F A S TO R I A H O T E L I N B U C K H E A D

In 2018, iStar repositioned the community at 3376 Peachtree Road by changing hotel flags from The Mandarin Oriental Atlanta to The Waldorf Astoria Hotel and Residences. During the repositioning of the community, iStar suspended sales of their remaining units. Sales re-launched in the spring of 2019 garnering a high sale price of $3.95M or $812.00/SF. By the end of 2019 six homes had sold for an average PPSF of $653/SF. 2020 currently has 9 units available averaging $764/SF which represents an increase of 17% from 2019, this substantial increase is due to the newly listed PH57/58 currently listed at 13.95M. 44 RESIDENCES

1 - 4 BEDROOMS

$1.89M - $6.5M

2,602 - 8,688 SF

‘08, ‘14, & ‘19 COMPLETION

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Average PPSF from 2018 - 2020 800 $769

$728

700

$696

$769

$691

$653

600

$653

$597 500 400 300 200 $0

100

1Q18

2Q18

3Q18

4Q18

1Q19

2Q19

3Q19

4Q19

1Q20

2Q20

3Q20

4Q20

Features

Amenities

One of Three Styles Created by Harrison Design | Wolf & Sub-Zero

24-hour Security | Concierge Services | Valet | Access to All Hotel

Appliance | Master Bath Featuring Natural Stone | Freestanding

Amenities | Housekeeping & Room Service | Hotel Spa & Fitness

Tub & High-end Fixtures | Oversized Private Terrace Outfitted with

Center Access | Indoor Pool | Yoga Studio | Steam Room | Sauna

Gas Fireplace & Viking Grill

& Vitality Pool

Average Closed PPSF Change from 2018 - 2020 Total Units

Pending Sales

Remaining to Sell

Year Built

Monthly HOA Fee Per Sq. Ft.

2018 Total Closings

2018 Closed Average PPSF

2019 Total Closings

2019 Closed Average PPSF

2020 Total Closings

2020 Closed Average PPSF

2020 1-BR Closed Average PPSF

2020 2-BR Closed Average PPSF

2020 3-BR+ Closed Average PPSF

Average Closed PPSF % Change from ‘19- ‘20

2008/ 2014

$0.56

* in 2017, additional floors were taken from the hotel and more units were built out

Active & Pending Listings - YTD 2020 Status

Unit

Beds

Baths

Half Baths

Sales Price

Sq. Ft.

PPSF

Active

53B-54

$3,400,000

Active

53A

$1,595,000

2,146

$743

Active

47A

$1,550,000

2,866

$541

Active

32A

$1,750,000

3,180

$550

Active

40A

$1,920,000

3,393

$566

Active

Maisonette 3

$2,650,000

4,045

$655

Active

32B

$2,400,000

4,089

$587

Active

$3,250,000

4,138

$785

Active

PH57/58

$13,950,000

8,266

$1,688

AVG

$3,607,222

$3,569

$764

* Excludes unit 53B-54. This is a two unit combination “shell” that would skew averages. It is listed for $5.2M

Source: FMLS December 2020 W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

One Museum Place L O C AT E D AT 1 3 0 1 P E A C H T R E E S T R E E T, I N M I D T O W N AT L A N TA

In 2018 there were 9 closed sales for One Museum Place that averaged $711/SF. Units 2B & 2C were combined and bought by the same buyer in June of 2018, only 8 homes remain at One Museum Place. In 2019 there were 3 new closings, yielding a PPSF of $690/SF. 7 homes have closed in 2020 yielding a PPSF of $723/SF representing an increase of 5% from 2019. Only 2 units remain and are currently available. 44 RESIDENCES

1 - 3 BEDROOMS

$607K - $4.2M

1,212 - 4,840 SF

2017 COMPLETION

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Average PPSF from 2018 - 2020 800 $784

$772

$765

$722

700

$705

$677

$672

$646

600

$737

500 400 300 200 $0

100

1Q18

$0 2Q18

3Q18

4Q18

1Q19

2Q19

3Q19

4Q19

1Q20

2Q20

3Q20

4Q20

Features

Amenities

Direct Service Elevators | Outdoor Lanais | Waterworks Fixtures |

Owner’s Lounge | Wine Lockers | Dog Park | Fitness Center |

Gaggenau Appliances

Massage Room | Guest Suite

Average Closed PPSF Change from 2018 - 2020 Total Units

Pending Sales

Remaining to Sell

Year Built

Monthly HOA Fee Per Sq. Ft.

2017

$.65-.84

2018 Total Closings

2018 Closed Average PPSF

2019 Total Closings

2019 Closed Average PPSF

2020 Total Closings

2020 Closed Average PPSF

2020 1-BR Closed Average PPSF

2020 2-BR Closed Average PPSF

2020 3-BR+ Closed Average PPSF

Average Closed PPSF % Change from ‘19- ‘20

$657

$690

$723

$672

$762

12%

Active & Pending Listings - YTD 2020 Status

Unit

Beds

Baths

Half Baths

Sales Price

Sq. Ft.

PPSF

Active

$1,799,900

2,274

$792

Active

$1,590,000

2,400

$663

Active

$2,795,000

3,300

$847

AVG

$2,061,633

$2,658

$767

Closed Listings - 2020 Status

Unit

Beds

Baths

Half Baths

Sales Price

Sq. Ft.

PPSF

Closed

$3,500,000

4,840

$723

Closed

$1,100,000

1,773

$620

Closed

$2,200,000

2,736

$804

Closed

$3,700,000

4,840

$764

Closed

$1,050,000

1,773

$592

Closed

$2,422,175

2,747

$882

Closed

$1,600,000

2,362

$677

AVG

$2,224,596

$3,010

$723

Source: FMLS December 2020 W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

The Charles L O C AT E D O N P E A C H T R E E R O A D , N E A R W E S T PA C E S F E R R Y R O A D

The Charles consists of 57 condominium homes located in Buckhead Village adjacent to the Buckhead Atlanta shopping district. Their sales center opened in 4Q16. The amenity level encompasses an entire floor at 14,000 square feet, offering an infinity pool, manicured gardens, lounge, and fitness center with yoga. The 18-story tower offers units averaging 2,900 square feet and sits atop 30,000 square feet of ground-level retail and a three-level parking deck. Closings began in September 2019 and yielded a year-end average PPSF of $763/SF. 2020 has 11 closings to date averaging $793/SF. 5 homes are currently active with an average PPSF of $760/SF. 57 RESIDENCES

1 - 3 BEDROOMS

$1.3M - $3.9M

2,460 - 4,946 SF

2019 COMPLETION

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Average PPSF from 2019 - 2020 1000 900

$929 $883

800 $767

$763

700

$742 $691

600 500 400 300 200 100

3Q19

4Q19

1Q20

2Q20

3Q20

4Q20

Features

Amenities

Pedini Cabinets | Cambria Quartz Countertops | Gaggenau

Concierge | Full Floor Amenity with 14,000 SF of Indoor & Outdoor

Appliances & Franke Fixtures | Expansive Great Rooms | Outdoor

Space | Clubroom | Fitness | Yoga Center | Outdoor Deck with

Terrace | Victoria + Albert Tubs | Cambria Quartz Vanity Surface &

Infinity Pool | Manicured Landscaped Gardens | Lounge Space

Gessi Fixtures in Master Bathrooms

Average Closed PPSF Change from 2018 - 2020 Total Units

Pending Sales

Remaining to Sell

Year Built

Monthly HOA Fee Per Sq. Ft.

2019

$0.63

2018 Total Closings

2018 Closed Average PPSF

2019 Total Closings

2019 Closed Average PPSF

2020 Total Closings

2020 Closed Average PPSF

2020 1-BR Closed Average PPSF

2020 2-BR Closed Average PPSF

2020 3-BR+ Closed Average PPSF

Average Closed PPSF % Change from ‘19- ‘20

$763

$793

$722

$848

Active & Pending Listings - YTD 2020 Status

Unit

Beds

Baths

Half Baths

Sales Price

Sq. Ft.

PPSF

Active Active Active Active Active

1004 1204 1501 801 1702

2 3 3 3 3

2 2 3 3 3

1 1 1 1 1 AVG

$1,689,000 $1,889,000 $2,695,000 $2,495,000 $2,950,000 $2,343,600

2,420 2,480 3,290 3,290 3,867 $3,069

$698 $762 $819 $758 $763 $760

Closed Listings - 2020 Status

Unit

Beds

Baths

Half Baths

Sales Price

Sq. Ft.

PPSF

Closed Closed Closed Closed Closed Closed Closed Closed Closed Closed Closed

1902 2003 1605 1901 905 1504 1205 1105 1005 1902 1701

3 3 2 3 3 3 2 2 2 3 3

3 3 2 3 2 2 2 2 2 3 4

1 1 1 1 1 1 1 1 1 1 1 AVG

$3,200,000 $4,663,493 $2,000,000 $3,155,500 $1,520,000 $1,700,000 $1,890,000 $1,900,000 $1,700,000 $3,000,000 $2,625,000 $2,486,727

3,867 4,527 2,481 3,290 2,481 2,420 2,490 2,481 2,480 3,867 3,290 $3,061

$828 $1,030 $806 $959 $613 $702 $759 $766 $685 $776 $798 $793

Source: FMLS 2018- June 2020 W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

Airline O4W L O C AT E D AT 2 2 A I R L I N E S T R E E T, I N O L D F O U R T H W A R D AT L A N TA

Airline O4W, developed by Capital City will consist of 29 condos ranging in price from $350K - $650K. Located in the heart of the historic Old Fourth Ward neighborhood steps from the Eastside Beltline Trail and Krog Street Market. The community is under construction. 29 RESIDENCES

1 - 2 BEDROOMS

$350K - $650K

739 - 1,322 SF

2020 COMPLETION

The building is under construction.

Features

Amenities

Rich Quartz Countertops | KitchenAid Appliances | Hardwood

Fireplace & Gas Grill on Rooftop Terrace | Bike Storage | Parking

Flooring Throughout | Subway Tile Backsplash | Washer/Dryer | Custom Finishes

Average Closed PPSF Change from 2018 - 2020 Total Units

Pending Sales

Remaining to Sell

Year Built

Monthly HOA Fee Per Sq. Ft.

2020

$0.32

2018 Total Closings

2018 Closed Average PPSF

2019 Total Closings

2019 Closed Average PPSF

2020 Total Closings

2020 Closed Average PPSF

2020 1-BR Closed Average PPSF

2020 2-BR Closed Average PPSF

2020 3-BR+ Closed Average PPSF

Average Closed PPSF % Change from ‘19- ‘20

building is in pre-sale process

Active & Pending Listings - YTD 2020 Status

Unit

Beds

Baths

Half Baths

Sales Price

Sq. Ft.

PPSF

Active

202

$359,900

739

$487

Active

101

$454,900

974

$467

Active

PH405

$679,900

1,172

$580

Active

201

$589,900

1,228

$480

Active

PH402

$599,900

1,231

$487

Active

404

Pending

304

$649,900

1,335

$487

AVG

$555,733

$1,113

$498

$405,900

816

$497

AVG

$405,900

$816

$497

Source: FMLS 2018- June 2020 W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

J5 L O C AT E D AT 7 7 5 J U N I P E R S T R E E T N E , I N M I D T O W N AT L A N TA

J5, developed by DEZHU US will consist of 150 condos ranging in price from $350K - $1M. Located in the heart of Midtown. It is the first new luxury condominium of its kind in over a decade. 62 homes have sold through pre-sale efforts. Community completion is scheduled for Spring of 2020, and currently have 4 units closed yielding a PPSF of $478/SF. 150 RESIDENCES

1 - 2 BEDROOMS

$377K - $1.15M

694 - 1,944 SF

2020 COMPLETION

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Average PPSF in 2020 500

$500

400

$414

300 200 $0

100

1Q20

2Q20

3Q20

4Q20

Features

Amenities

White Marble-Stlye Quartz Countertops | Moen Chrome Plumbing

Large Livable Terrace | Garden Courtyard | Poolside Clubroom |

Fixtures | Pre-finished Wide Plank Hardwood Flooring Throughout |

Sunset Rooftop Lounge | Bike Storage | Pet Spa with Elevated Tub

Porcelain Tile Backsplash | LED Lighting

| Two Boardrooms

Average Closed PPSF Change from 2018 - 2020 Total Units

Pending Sales

Remaining to Sell

Year Built

Monthly HOA Fee Per Sq. Ft.

150

120

2020

$0.28

2018 Total Closings

2018 Closed Average PPSF

2019 Total Closings

2019 Closed Average PPSF

2020 Total Closings

2020 Closed Average PPSF

2020 1-BR Closed Average PPSF

2020 2-BR Closed Average PPSF

2020 3-BR+ Closed Average PPSF

Average Closed PPSF % Change from ‘19- ‘20

$478

$380

$576

Active & Pending Listings - YTD 2020 Status

Unit

Beds

Baths

Half Baths

Sales Price

Sq. Ft.

PPSF

Active Active Active Active Active Active Active Active

513 330 419 603 405 523 607 429

1 2 2 2 2 2 2 2

0 0 0 0 0 0 0 0 AVG

$556,000 $729,000 $677,000 $802,000 $749,900 $795,000 $775,000 $935,000 $752,363

1,020 1,282 1,282 1,412 1,412 1,422 1,424 1,634 $1,361

$545 $569 $528 $568 $531 $559 $544 $572 $552

Closed Listings - 2020 Status

Unit

Beds

Baths

Half Baths

Sales Price

Sq. Ft.

PPSF

Closed Closed Closed Closed

526 528 620 623

1 2 2 1

0 0 0 0 AVG

$423,570 $820,000 $860,000 $575,000 $669,643

1,224 1,540 1,387 1,388 $1,385

$346 $532 $620 $414 $478

Source: FMLS 2018- June 2020 W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

764 Memorial L O C AT E D AT 7 6 4 M E M O R I A L D R I V E , I N C A B B A G E T O W N AT L A N TA

764 Memorial is situated just east of Oakland Cemetery. The building includes 24 condominiums and 5 townhomes, with commercial space at street level. Floor plans range from the low $200,000 to the low $400,000s. The amenities to come will include rooftop fireplaces, a state-of-the-art fitness center, and a community space. Five closings took place in 2019. 2020 currently has 2 units closed yielding a PPSF of $353/SF which represents an increase of 13% from 2019. 24 RESIDENCES

1 - 2 BEDROOMS

$200K - $400K

786 - 1,185 SF

2019 COMPLETION

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Average PPSF from 2019 - 2020 400 $362

300

$344

$309

200 100

4Q19

1Q20

2Q20

3Q20

4Q20

Features

Amenities

Quartz Countertops | Balcony or Terrace on Select Homes |

Fitness Center | Bike Storage | Clubroom | Rooftop Deck with

Subway Tile Backsplash | Designer Plumbing Fixtures

Fireplace

Average Closed PPSF Change from 2018 - 2020 Total Units

Pending Sales

Remaining to Sell

Year Built

Monthly HOA Fee Per Sq. Ft.

2019

$0.23

2018 Total Closings

2018 Closed Average PPSF

2019 Total Closings

2019 Closed Average PPSF

2020 Total Closings

2020 Closed Average PPSF

2020 1-BR Closed Average PPSF

2020 2-BR Closed Average PPSF

2020 3-BR+ Closed Average PPSF

Average Closed PPSF % Change from ‘19- ‘20

$309

$353

$362

$344

15%

Active & Pending Listings - YTD 2020 Status

Unit

Beds

Baths

Half Baths

Sales Price

Sq. Ft.

PPSF

Active

$375,000

1,163

$322

Active

$539,900

2,075

$260

Active

Pending

$519,900

2,075

$251

AVG

$478,267

$1,771

$278

$289,900

860

$337

$539,900

2,075

$260

AVG

$414,900

$1,468

$299

Closed Listings - 2020 Status

Unit

Beds

Baths

Half Baths

Sales Price

Sq. Ft.

PPSF

Closed

$399,900

1,163

$344

Closed

$284,900

786

$362

AVG

$342,400

$975

$353

Source: FMLS 2018- June 2020 W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

SEVEN88 West Midtown L O C AT E D AT 7 8 8 W M A R I E T TA S T R E E T, I N W E S T M I D T O W N AT L A N TA

Seven88 is the newest high-rise condominium development in West Midtown. Developed and currently being constructed by McKinley Homes, 279 residences range from 608 – 2,689 square feet. Located on W Marietta Street in West Midtown, Seven88 pricing start in the high $200s and ranges to $1.5M. Estimated completion for the community is 2021. 2020 had 7 closings with an average PPSF of $563. 279 RESIDENCES

STUDIO - 3 BEDROOMS

$278K - $1.5M

608 - 2,689 SF

2021 COMPLETION

The building is under construction.

Features

Amenities

Quartz Countertops | Under Counter Wine Storage | Tile

Fitness & Yoga Center | Whirlpool Spa | Clubroom | Billiards &

Backsplash | Designer Plumbing Fixtures | Modern European Style

Lounge | Salt Water Pool | Bike Storage | Concierge Service |

Cabinets | Gas Range | Under Cabinet Lighting | Backlit Mirror |

Smart Package Lockers

Porcelain Wall Tiles

Average Closed PPSF Change from 2018 - 2020 Total Units

Pending Sales

Remaining to Sell

Year Built

Monthly HOA Fee Per Sq. Ft.

2018 Total Closings

2018 Closed Average PPSF

2019 Total Closings

2019 Closed Average PPSF

2020 Total Closings

2020 Closed Average PPSF

2020 1-BR Closed Average PPSF

2020 2-BR Closed Average PPSF

2020 3-BR+ Closed Average PPSF

Average Closed PPSF % Change from ‘19- ‘20

279

125

134

2021

$0.30

$563

$543

$541

$616

Active & Pending Listings - YTD 2020 Status

Unit

Beds

Baths

Half Baths

Sales Price

Sq. Ft.

PPSF

Active

1707

Active

613

$368,900

685

$539

$495,900

1,009

$491

Active

403

Active

1305

$567,400

1,164

$487

$695,400

1,345

Active

810

$517

$709,400

1,453

$488

Active

601

$893,400

1,770

$505

AVG

$621,733

$1,238

$505

Pending

1504

$471,900

869

$543

Pending

1702

$988,400

1,790

$552

Pending

1402

$953,400

1,790

$533

AVG

$804,567

$1,483

$543

Closed Listings - 2020 Status

Unit

Beds

Baths

Half Baths

Sales Price

Sq. Ft.

PPSF

Closed Closed Closed Closed Closed Closed Closed

1703 1003 1701 902 1604 1605 1802

2 2 3 2 1 2 3

0 0 0 0 0 1 0

$653,900 $616,400 $967,400 $958,400 $471,900 $721,400 $1,849,246 $891,235

1,164 1,164 1,770 1,790 869 1,345 2,695 $1,542

$562 $530 $547 $535 $543 $536 $686 $563

AVG

Source: FMLS 2018- June 2020 *All data for this property is not available in FMLS W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

Vickery Falls L O C AT E D AT V I C K E R Y FA L L S D R I V E , I N R O S W E L L G E O R G I A

Vickery Falls is a new condominium building located in historic downtown Roswell. This mixed-use development consists of 11 condominiums, townhomes, and retail space. Located on South Atlanta Steet, Vickery Falls is seconds away from shopping, restaurants, and numerous parks. 6 homes closed in 2019 with an average PPSF of $316. 2020 currently has 3 closings yielding a PPSF of $249/SF. 11 RESIDENCES

2 - 3 BEDROOMS

$475K - $625K

1,200 - 1,950 SF

2019 COMPLETION

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Average PPSF from 2019 - 2020 600 500

$513

400 300

$319

$315

200

$221

$208

100

3Q19

4Q19

1Q20

2Q20

3Q20

4Q20

Features

Amenities

Rich Quartz Countertops | High-End Stainless Steel Appliances

Bike Storage | Parking | Indoor/Outdoor Terrace

| Hardwood Flooring Throughout | Subway Tile Backsplash | Designer Plumbing Fixtures| Frameless Shower

Average Closed PPSF Change from 2018 - 2020 Total Units

Pending Sales

Remaining to Sell

Year Built

Monthly HOA Fee Per Sq. Ft.

2019

$0.22

2018 Total Closings

2018 Closed Average PPSF

2019 Total Closings

2019 Closed Average PPSF

2020 Total Closings

2020 Closed Average PPSF

2020 1-BR Closed Average PPSF

2020 2-BR Closed Average PPSF

2020 3-BR+ Closed Average PPSF

Average Closed PPSF % Change from ‘19- ‘20

N/A

$316

$249

-21%

Active & Pending Listings - YTD 2020 Status

Unit

Beds

Baths

Half Baths

Sales Price

Sq. Ft.

PPSF

Active

$750,000

1,270

$591

Active

$550,000

2,400

$229

AVG

$650,000

$1,835

$410

Pending

$750,000

1,216

$617

AVG

$750,000

$1,216

$617

Closed Listings - 2020 Status

Unit

Beds

Baths

Half Baths

Sales Price

Sq. Ft.

PPSF

Closed Closed Closed

160

3 3 3

1 1 1 AVG

$627,800 $500,000 $435,000 $342,400

1,968 2,400 1,968 $975

$319 $208 $221 $353

Source: FMLS 2018- March 2020 W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

Sophia L O C AT E D AT 1 5 1 7 B R I A R C L I F F R D , I N D R U I D H I L L S AT L A N TA

Located in Druid Hills on Briarcliff Road, Sophia is a community consisting of 12 luxury townhomes (page 126) and 12 condominium flats priced from the $700s. Designed by TSW Architects, Sophia was inspired by the Art Moderne era of the 1930s. Residents will also enjoy the community’s forested private park and the cascading landscaping sitting atop tiered granite walls. In 2019 there were three total closings; two 3BR and one 2BR unit. The overall price per square foot on the closed sales was $365/SF. Two homes remain. There is currently 1 unit that has closed in 2020 at $258/SF. 24 RESIDENCES

2 - 3 BEDROOMS

$700K - $890K

2,227 - 2,411 SF

2018 COMPLETION

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Average PPSF from 2019 - 2020 400 $365

300

$258

200 100

3Q19

4Q19

1Q20

2Q20

$0 3Q20

4Q20

Features

Amenities

Quartzite and Stone Countertops | Wolf/SubZero/Bosch Appliances

Parking | Indoor/Outdoor Terrace | Greenspace Throughout

| 7” White Oak Hardwood Flooring Throughout | Designer Plumbing

Community

Fixtures

Average Closed PPSF Change from 2018 - 2020 Total Units

Pending Sales

Remaining to Sell

Year Built

Monthly HOA Fee Per Sq. Ft.

2018

$0.21

2018 Total Closings

2018 Closed Average PPSF

2019 Total Closings

2019 Closed Average PPSF

2020 Total Closings

2020 Closed Average PPSF

2020 1-BR Closed Average PPSF

2020 2-BR Closed Average PPSF

2020 3-BR+ Closed Average PPSF

Average Closed PPSF % Change from ‘19- ‘20

N/A

$258

-29%

Active & Pending Listings - YTD 2020 Status

Unit

Beds

Baths

Half Baths

Sales Price

Sq. Ft.

PPSF

Active

1504C

$849,900

2,399

$354

Active

1504 D

$864,900

2,456

$352

Active

$864,588

3,172

$273

Active

$838,103

3,172

$264

AVG

$854,373

$2,800

$311

Pending

1504B

$824,900

2,349

$351

Pending

$819,900

3,051

$269

AVG

$822,400

$2,700

$310

Closed Listings - 2020 Status

Closed

Unit

Beds

Baths

Half Baths

Sales Price

Sq. Ft.

PPSF

1 AVG

$795,000 $795,000

3,084 3,084

$258 $258

Source: FMLS 20182017- March 2020 W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

Enclave at Peachtree Memorial L O C AT E D AT 6 8 P E A C H T R E E M E M O R I A L D R I V E , I N B U C K H E A D AT L A N TA

Enclave at Peachtree Memorial consists of 50 fully updated condominiums located in Buckhead. Original hardwood floors, 10’ ceilings & large windows. Modern kitchen offers flat panel cabinets, quartz countertops, Bosch/Thermador appliances, designer light fixtures and multiple upgrade options. Amenities include outdoor pavilion, fire pit, grilling station, club room and gym. All homes are two bedroom. Closings in 2019 yielded an average PPSF of $294/SF. 2020 has had 4 closings with an average sold PPSF of $315, representing an increase of 7% from 2019. 50 RESIDENCES

ALL 2 BEDROOMS

$275K - $470K

821 - 1,357 SF

1924 COMPLETION

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Average PPSF from 2019 - 2020 400 $326

300 $294

$282

4Q19

1Q20

200 100

2Q20

3Q20

4Q20

Features

Amenities

Quartz Countertops | Bosch/Thermador Appliances | Stained

Outdoor Pavilion | Bike Storage | Grilling Station | Club Room |

Oak Flooring Throughout | Subway Tile Backsplash | Designer

Gym | Fire Pit

Plumbing & Light Fixtures

Average Closed PPSF Change from 2018 - 2020 Total Units

Pending Sales

Remaining to Sell

Year Built

Monthly HOA Fee Per Sq. Ft.

2018 Total Closings

2018 Closed Average PPSF

2019 Total Closings

2019 Closed Average PPSF

2020 Total Closings

2020 Closed Average PPSF

2020 1-BR Closed Average PPSF

2020 2-BR Closed Average PPSF

2020 3-BR+ Closed Average PPSF

Average Closed PPSF % Change from ‘19- ‘20

1924 / 2019

$0.21

N/A

$294

$315

Active & Pending Listings - YTD 2020 Status

Unit

Beds

Baths

Half Baths

Sales Price

Active

99-C1

Active

88-3

Active

128-4

Active

124-2

Active

128-2

Pending

88-4

Sq. Ft.

PPSF

$274,900

827

$332

$399,900

1,357

$295

$399,900

1,357

$295

$394,900

1,357

$291

$394,900

1,357

$291

AVG

$372,900

$1,251

$301

$399,900

1,357

$295

AVG

$399,900

$1,357

$295

Closed Listings - 2020 Status

Unit

Beds

Baths

Half Baths

Sales Price

Sq. Ft.

PPSF

Closed Closed Closed Closed

68-1 124-4 99-B3 99-B1

2 2 2 2

0 0 0 0 AVG

$382,250 $392,400 $274,900 $299,900 $337,363

1,357 1,357 821 847 $1,096

$282 $289 $335 $354 $315

Source: FMLS 20182017- March 2020 W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

New Townhome Developments An Overview of Current Market Conditions Townhomes are continuing to dominate the Atlanta real estate market. With construction and land cost still on the rise, developers are more inclined to produce a townhome product to the market. As a result of building smaller, more condensed communities, affordability can be achieved for maximum absorption. Numerous developments have already sold out in 2020: Townes at Chastain, Park at Paces Ferry, Paces View, White Oak at East Lake, Towns at Druid Hills, 215 Arizona, 1204 on the Park, and Skyland Brookhaven.

Active New Townhome Developments Market Share by Area Total Units

Units Remaining

% Total Units Remaining

% Sold By Area

Brookhaven/Chamblee

481

205

43%

57%

Buckhead

353

138

39%

61%

Cobb/Vinings

271

113

42%

58%

Decatur

669

407

61%

39%

Midtown

173

107

62%

38%

Other Intown

1217

763

63%

37%

Sandy Springs/Perimeter

609

352

58%

42%

Source: FMLS- new construction townhomes in all areas

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

New Townhome Development Overview by Area Project

Developer

Price Range

Square Foot Range

Total Units

Units Remaining

% Sold

Year Built

Monthly HOA Fee

2019 Total Closings

2019 Closed Average PPSF

2020 Total Closings

2020 Average PPSF

Brookhaven / Chamblee 3550 Townsend Ashford Place Bramley Park Brookhaven Wilshire

Taylor Morrison

$400,000+

2000+

44%

2019

$215

$185

$188

Lennar Homes

$380,900 $421,900

2087 2123

23%

2018

TBD

$185

$137

Harrison Development

$799,000 $915,000

2500 3100

26%

2018

$225

$267

Arthur Rutenberg Homes

$650,000 $1,199,000

3764 4171

61%

2017

$345

$199

$248

116

75%

2018

$110

$184

$193

Collection at Perimeter Park

Taylor Morrison

$400,000+

2213 2559

Peachtree Creek Township

Beazer Homes

Low $400s

1800 2597

46%

2018

$195

$177

$195

Southeast Capital

$478,000 $625,000

2516 2824

167

100%

2017

$195

$213

$208

Taylor Morrison

$450,000 $550,000

2490 2517

17%

2018

$150

$196

$187

John Wieland Homes

$875,000 $1,050,000

3600 3920

100%

2017 2018

$225

$261

$267

3700 Peachtree

Eberly & Associates

$790,000 $844,000

2500 2732

92%

2016

$385

$308

Belvedere on Peachtree

Windosr Residential

$930,000 $1,000,000

2500

25%

2017

$432

$319

$310

Ledford & Fried Properties

$999,000 $1,090,0000

3100 3729

50%

2017

$400

$192

Rockhaven Homes

$390,000 $575,000

1513 1960

100%

2017

$280

$254

$257

ABB Peachtree Developers

$949,000 $1,000,000

3200

24%

2018

$418

$333

$326

Creekview at Lenox

United Group Properties

$729,000 $815,000

2669 3536

29%

2018

$250

$259

$266

Hillgrove

Ashton Woods

$750,000 $1,050,000

2430 3378

30%

2018

$290

$288

$296

Landen Pine

Monte Hewitt Homes

$771,900 $859,900

2672 2806

32%

2018

$295

$293

Manchester

Hedgewood Homes

$431,000 $750,000

1624 2735

104

85%

2016

$185

$257

Skyland Brookhaven Townsend at Chamblee

Buckhead 120 West Wieuca

Boulevard at Lenox Brownstones at Cosmopolitan Buckhead Park North

The Row Homes at Phipps

Whisper Woods Homes

$975,000+

44%

2018

$350

$301

$335

44%

2018

$340

$292

$262

2700 3100

35%

2018

$195

$187

$203

$679,000 $939,900

3250 4490

14%

2018

$335

$224

$222

John Wieland Homes

$909,000 $1,050,000

3600 4100

114

100%

2017

$335

$283

$234

Ashton Woods

$500,000 $600,000

2800 3500

33%

2018

$235

$186

Epic Development

$1M+

2654

100%

2018

$250

$257

Minerva Homes

$500,000s+

2000+

2018

TBD

$257

Pulte Homes

$485,000+

2092+

227

218

2018 2019

$315

$193

$213

DMPS Builders LLC

$549,900 $699,000

2668 2760

100%

2016 2017

$250

$220

Brock Built

Mid $400s

2100 2300

50%

2019

TBD

$220

Ashton Woods

$425,000 $500,000

2500

18%

2018 2019

$260

$180

$168

Pulte Homes

High $500s+

Abbington at Wildwood

John Wieland Homes

Paces View

28th at Brookwood

Cobb / Vinings 4400 West

Park at Paces Ferry

2548 3385 2600 2900

Rockhaven Homes

$700,000 $800,000

Decatur Stacks on 6th

Other Intown 215 Arizona Altus at the Quarter Brownstones at Central Park Castleberry Station Dumont Place

Source: FMLS- new construction townhomes in all areas

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

New Townhome Development Overview by Area Project

Edgehill at Historic Kirkwood

Year Built

Monthly HOA Fee

2019 Total Closings

2019 Closed Average PPSF

2020 Total Closings

2020 Average PPSF

43%

2018

$225

$267

$238

$246

$165

$437

Developer

Price Range

Square Foot Range

Total Units

Units Remaining

% Sold

David Weekley

$425,000+

20242133

Thrive Homes

$1M - $1.2M

2584

36%

2019 2020

Rockhaven Homes

Low $300s+

1867+

35%

2018 2019

$100

$174

$173

Thrive Homes

Low $500s

1904 1979

67%

2018

$175

$271

$284

Pacific Point

Low $500s

TBD

56%

2018

$195

$225

$220

Abode

$550,000+

2000+

64%

2018

$200

$302

Beazer Homes

High $400s

1880

101

37%

2017 2018

$185

$261

Silverstone Residential

Low $200s

1572 1680

35%

2018

$45

$148

$145

Monte Hewitt Homes

$689,000 $848,000

2466 2643

56%

2018 2019

$210

$294

$254

Providence Group

$390,000+

1318 2881

150

125

17%

2019 2020

$185

$211

$228

Pacific Point

From the $600s

2000+

75%

2017

$195

$297

$309

Thrive Homes

$1.2M+

3057 3508

100%

2018

$246

$399

$332

Reynolds Square

Icon Residential

$364,000 $483,000

1820 2147

39%

2017

$285

$258

Sophia

Minerva Homes

$820,000 $900,000 $493,900 $725,000

3084 3108 1490 2840 3390 3475

17%

2018 2019

$510

$274

$258

24%

2019

$230

$325

$314

60%

2018 2019

$335

$249

$256

Emerson on Krog Heights at Grant Park Ironside Madison Village Mattie Branch Morningside Towns Park City Place Plateau West Pratt Stacks Rankin Townhomes Studioplex

Southerland

Hedgewood Homes

Heritage on Memorial

John Wieland Homes

$799,900+

The Milo on Ponce

Hudson Development

$895,000 - $1M

2371 3057

38%

2019

TBD

$335

Sinocoin

Low $400s

1500 2600

23%

2018

$275

$177

$203

The Rooftops at Lake Claire

Domain Custom Homes

Mid $500s

2000 2250

25%

2018

$165

$268

The Swift

Edward Andrews Homes

$389,900 $509,900

1789 2074

122

100%

2018 2019

$190

$223

$243

Ashton Woods

$379,023 $906,645

1000 3068

340

278

18%

2017 2018

$300

$220

$239

John Wieland Homes

$640,000 $780,000

3200+

56%

2016 2017

$375

$225

$199

Minerva Homes

$480,000 $540,000

2816 2878

76%

2016

$175

$191

$188

Parc at Chastain

Rockhaven Homes

id $400s+

1845 2000

91%

2018

$250

$219

Reserve at City Center

Rockhaven Homes

$575,000 $615,000

2435

80%

2018

$292

$230

$232

The Providence Group

#395,000 $577,000

1801 2237

138

71%

2018

$195

$251

$253

Taylor Morrison

$555,000 $582,000

2213 2527

100%

2017

$135

$214

$216

Icon Residential

$400,000 $761,900

1640 2888

36%

2018

$296

$285

Foyer Urban

$600,000s+

1790 1862

26%

2018

$365

$329

Brock Built

$219,000 $390,000

1568 1599

48%

2016

$186

$181

The Moderns

Sandy Springs / Perimeter Aria Atwater Georgetown Square

Townes at Chastain Townsend at Perimeter

Intown The Chelsea Westside Views at O4W West Highlands

Source: FMLS- new construction townhomes in all areas W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

100

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

New Townhome Developments in Brookhaven/Chamblee New Townhome Market Absorption Most Closings in 2020

Highest PPSF in 2020

Townsend at Ashford Park

The Bristol

$269

Skyland Brookhaven

Bramley Park

$267

Collection at Perimeter Park

Townsend at Brookhaven

$210

3550 Townsend

Skyland Brookhaven

$208

Bramley Park

Townsend at Ashford Park

$198

ENGEL & VÖLKERS

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2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

3550 Townsend CHAMBLEE

Taylor Morrison townhome community of 42 homes in Chamblee. Pricing starts in the mid $400s and tops off in the mid to upper $500s. LIST PRICE|SF

$210

2019 CLOSED P|SF AVG

$196

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

11 $188 12

Ashford Place CHAMBLEE

Small boutique townhome development under construction by Lennar Homes. Priced from the low 400s. LIST PRICE|SF

$186

2019 CLOSED P|SF AVG

$185

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

6 $137 3

FMLS 2019-2020, townhomes, closed sales, all price points

ENGEL & VÖLKERS

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103

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Bramley Park B R O O K H AV E N

Harrison Development townhome community of 23 homes. Located near MARTA on Dresden Rd. Priced from the low 800s. LIST PRICE|SF

$300

2019 CLOSED P|SF AVG

$290

2019 CLOSINGS 2020 CLOSED P|SF AVG

4 $267

2020 CLOSINGS

Brookhaven Wilshire B R O O K H AV E N

Private gated community of 18 modern townhomes. OBIE Award winning design. Phase 1 recently sold out, another 9 homes remain to be built in phase 2. LIST PRICE|SF

$216

2019 CLOSED P|SF AVG

$215

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

2 $248 2

FMLS 2019-2020, townhomes, closed sales, all price points W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

104

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Collection at Perimeter Park CHAMBLEE

Currently under construction 116 unit townhome community by Taylor Morrison. Pricing starts in the low 400s. LIST PRICE|SF

$184

2019 CLOSED P|SF AVG

$184

2019 CLOSINGS 2020 CLOSED P|SF AVG

26 $193

2020 CLOSINGS

Peachtree Creek Township CHAMBLEE

Beazer Home community of 37 townhomes starting in the low 400s. LIST PRICE|SF

$195

2019 CLOSED P|SF AVG

$177

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

10 $195 4

FMLS 2019-2020, townhomes, closed sales, all price points

ENGEL & VÖLKERS

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105

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Skyland Brookhaven B R O O K H AV E N

Community of 167 townhomes, a direct product of the collaboration between Southeast Capital Companies and Home South Communities. Phase 1, priced from the high 400s, recently sold out. Phase 2 is selling from the 500s. LIST PRICE|SF

$211

2019 CLOSED P|SF AVG

$213

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

36 $208 45

The Bristol CHAMBLEE

15 unit townhome development built by Cablik Enterprises. Priced from the high 500s to the mid 800s. LIST PRICE|SF

$278

2019 CLOSED P|SF AVG

2019 CLOSINGS

2020 CLOSED P|SF AVG 2020 CLOSINGS

$269 3

FMLS 2019-2020, townhomes, closed sales, all price points W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

106

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Townsend at Ashford Park CHAMBLEE

A Taylor Morrison community of 71 Homes starting in high $400s.

LIST PRICE|SF

$195

2019 CLOSED P|SF AVG

$195

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

79 $198 46

FMLS 2019-2020, townhomes, closed sales, all price points

ENGEL & VÖLKERS

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107

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Townsend at Brookhaven B R O O K H AV E N

This gated Taylor Morrison community consist of 37 homes priced from the high $400s. LIST PRICE|SF

$206

2019 CLOSED P|SF AVG

$204

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

22 $210 1

FMLS 2019-2020, townhomes, closed sales, all price points W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

108

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

New Townhome Developments in Buckhead New Townhome Market Absorption Most Closings in 2020

Highest PPSF in 2020

Hillgrove

Buckhead Park North

$326

Landen Pine

The Row Homes at Phipps

$335

Plateau West

Belvedere on Peachtree

$310

Brownstones at Cosmopolitan

Hillgrove

$296

Manchester

Landen Pine

$293

ENGEL & VÖLKERS

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110

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

120 West Wieuca SANDY SPRINGS

John Weiland Neighborhoods (Pulte) began pre-selling townhomes in 4Q2016 with the same floorplans as The Aldredge community. The community has recently SOLD OUT. LIST PRICE|SF

$260

2019 CLOSED P|SF AVG

$261

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

3 $267 1

28th at Brookwood BROOKWOOD

Rockhaven Homes development of 18 townhomes located in the heart of Brookwood. Each home is elevator ready and has a 4th story sky terrace. Currently under construction and over 50% sold. LIST PRICE|SF

$310

2019 CLOSED P|SF AVG

$292

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

4 $262 1

FMLS 2019-2020, townhomes, closed sales, all price points

ENGEL & VÖLKERS

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111

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Belvedere on Peachtree BUCKHEAD

Townhome community of 20 homes by Windsor Residential Group. Now selling from the high 800s. All homes are 3 bedrooms with rooftop terraces. LIST PRICE|SF

$355

2019 CLOSED P|SF AVG

$319

2019 CLOSINGS 2020 CLOSED P|SF AVG

3 $310

2020 CLOSINGS

Brownstones at Cosmopolitan BUCKHEAD

With 33 total homes, this community offers 5-star amenities only 2 blocks from MARTA. This Rockhaven development has recently SOLD OUT. LIST PRICE|SF 2019 CLOSED P|SF AVG 2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

SOLD OUT $254 3 $257 4

FMLS 2019-2020, townhomes, closed sales, all price points W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

112

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Buckhead Park North BUCKHEAD

This gated community of only 17 units is now under construction. Located minutes from Phipps Plaza and Lenox Square, each unit will feature a private rooftop terrace and additional outdoor patio space. Each unit is elevatorready. LIST PRICE|SF

$327

2019 CLOSED P|SF AVG

$333

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

3 $326 2

Creekview at Lenox BUCKHEAD

United Group Properties townhome community of 17 units. Priced from the low 700s. Located next to the Lenox Village Shopping Center on Lenox Road. LIST PRICE|SF

$270

2019 CLOSED P|SF AVG

$259

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

3 $266 3

FMLS 2019-2020, townhomes, closed sales, all price points

ENGEL & VÖLKERS

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113

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Enclave At Chastain BUCKHEAD

Enclave at Chastain presents a unique offering of 30 single family homes located in the prominent Atlanta neighborhood of Chastain Park in North Buckhead. LIST PRICE|SF

$258

2019 CLOSED P|SF AVG

$256

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

2 $280 1

Hillgrove BUCKHEAD

This community consists of 44 townhomes and is located just off Peachtree in Buckhead. Easy access and walkability to the Peachtree Battle Shopping Center. LIST PRICE|SF

$301

2019 CLOSED P|SF AVG

$288

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

15 $296 7

FMLS 2019-2020, townhomes, closed sales, all price points W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

114

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Landen Pine BUCKHEAD

This Monte Hewett Homes community consists of 44 townhomes that are currently under construction. LIST PRICE|SF

$300

2019 CLOSED P|SF AVG

$295

2019 CLOSINGS 2020 CLOSED P|SF AVG

11 $293

2020 CLOSINGS

Manchester BUCKHEAD

Phase 1 units ranged from the 300s-400s. Phase 2, released in 2019, has larger homes priced between $431K-$750K. LIST PRICE|SF

$282

2019 CLOSED P|SF AVG

$269

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

4 $257 3

FMLS 2019-2020, townhomes, closed sales, all price points

ENGEL & VÖLKERS

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115

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Plateau West WESTSIDE

Brand new Monte Hewett Homes townhomes, boutique selection of only 18 total homes in West Midtown. Homes start in the high $600s. LIST PRICE|SF

$304

2019 CLOSED P|SF AVG

$294

2019 CLOSINGS 2020 CLOSED P|SF AVG

2 $250

2020 CLOSINGS

The Row Homes at Phipps BUCKHEAD

New construction boutique of 9 townhomes designed by award winning Crosby Design Group. All homes will have 4 bedrooms and range from 2,548-3,385 SF. LIST PRICE|SF

$347

2019 CLOSED P|SF AVG

$301

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

1 $335 3

FMLS 2019-2020, townhomes, closed sales, all price points W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

116

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

New Townhome Developments in Cobb/Vinings New Townhome Market Absorption Most Closings in 2020

Highest PPSF in 2020

Reserve at Wildwood

Paces View

$234

Creekview

Reverie on Cumberland

$225

Reverie on Cumberland

Abbington at Wildwood

$222

4400 West

Stonehall at Vinings Gateway

$206

Abbington at Wildwood

4400 West

$203

ENGEL & VÖLKERS

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118

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

4400 West SMYRNA

New construction luxury townhome in Smyrna with skyline views. 4400 West offers 46, 4-story, 2-car garage townhomes w/ rooftop lofts & terraces. LIST PRICE|SF

$200

2019 CLOSED P|SF AVG

$187

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

4 $203 5

Abbington at Wildwood COBB

John Wieland Homes community of 44 townhomes starting in the upper $600s to just under $1M. LIST PRICE|SF

$226

2019 CLOSED P|SF AVG

$224

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

1 $222 3

FMLS 2019-2020, townhomes, closed sales, all price points

ENGEL & VÖLKERS

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119

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Creekview SMYRNA

Just two homes remain in this Taylor Morrsion Community that priced from the high $300s. LIST PRICE|SF

$184

2019 CLOSED P|SF AVG

$184

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

24 $181 10

Paces View VININGS

Construction on community began in 2007. John Wieland Homes took over in 2012 and finalized in 2017. The townhomes start in the 800’s and feature sky terraces and optional elevators. Homes starting at $1 million are also being constructed with the townhomes. LIST PRICE|SF

$173

2019 CLOSED P|SF AVG

$186

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

11 $234 3

FMLS 2019-2020, townhomes, closed sales, all price points W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

120

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Reserve at Wildwood COBB

This community of exceptionally designed East Cobb townhomes, priced from the high $400s, puts you in the center of everything that the area has to offer. LIST PRICE|SF

$197

2019 CLOSED P|SF AVG

$193

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

14 $193 11

Reverie on Cumberland VININGS

Reverie on Cumberland is a new townhomes, lofts, and single family homes being built in Atlanta- Vinings by Ashton Woods in 2020. 10 Different plans to choose from. LIST PRICE|SF

2019 CLOSED P|SF AVG

2019 CLOSINGS

2020 CLOSED P|SF AVG 2020 CLOSINGS

$225 6

FMLS 2019-2020, townhomes, closed sales, all price points

ENGEL & VÖLKERS

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121

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Stonehall at Vinings Gateway VININGS

Stonehall at Vinings Gatewat custom townhomes is 11 large custom townhomes nestled in a gated neighborhood inside the perimeter on Log Cabin Drive in Vinings, where homeowners enjoy the convenience of shopping, dining, entertainment all within walking distance. LIST PRICE|SF

$142

2019 CLOSED P|SF AVG

$142

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

1 $206 1

FMLS 2019-2020, townhomes, closed sales, all price points W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

122

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

New Townhome Developments in Decatur New Townhome Market Absorption Most Closings in 2020

Highest PPSF in 2020

White Oak at East Lake

Moda Decatur

$237

Towns at North Decatur

Parkside at Mason Mill

$229

Dumont Place

The Mews at North Decatur

$203

Longleaf Meadows

Towns at North Decatur

$192

Lindmoor Row

$190

ENGEL & VÖLKERS

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2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Avondale Hills D E C AT U R

Avondale Hills is a new townhouse and single family home development by Century Communities of Atlanta. Avondale Hills has a total of 46 units. Sizes range from 2403 to 3373 square feet. LIST PRICE|SF

$148

2019 CLOSED P|SF AVG

$148

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

34 $157 6

Dumont Place D E C AT U R

With only one unit remaining, this a gated community of townhomes unmatched in design and location. LIST PRICE|SF

$177

2019 CLOSED P|SF AVG

$176

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

21 $174 14

FMLS 2019-2020, townhomes, closed sales, all price points

ENGEL & VÖLKERS

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125

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Lindmoor Row D E C AT U R

Lindmoor Row is a new community of townhomes being built in Decatur, GA in 2020. Community will have a total of 33 homes. LIST PRICE|SF

$190

2019 CLOSED P|SF AVG

$190

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

13 $190 13

Longleaf Meadows D E C AT U R

Longleaf Meadows is a Sold Out new townhome community in Decatur/East Lake by Waters Edge Group. Longleaf Meadows is an enclave of 32 brick homes featuring 3 and 4 bedrooms with 3.5 baths and large living spaces. LIST PRICE|SF

$131

2019 CLOSED P|SF AVG

$133

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

33 $138 14

FMLS 2019-2020, townhomes, closed sales, all price points W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

126

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Moda Decatur D E C AT U R

MODA Decatur consists of 33 townhomes priced in the high $600,000s to low $800,000s. Over 60% have been CLOSED. LIST PRICE|SF

$250

2019 CLOSED P|SF AVG

$254

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

2 $237 5

Parkside at Mason Mill D E C AT U R

Parkside at Mason Mill is a collection of townhomes by Pulte Homes located in Decatur near Toco Hills. 24 total contracts occurred in the first half of the year; averaging 4 sales per month. LIST PRICE|SF

$257

2019 CLOSED P|SF AVG

$227

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

19 $229 4

FMLS 2019-2020, townhomes, closed sales, all price points

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

127

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

The Mews at North Decatur D E C AT U R John Wieland Homes has officially began selling homes. The Mews At North Decatur will have 81 upscale townhomes all conveniently located between North Decatur and North Druid Hills. LIST PRICE|SF

$223

2019 CLOSED P|SF AVG

$210

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

12 $203 7

Towns at Druid Hills DRUID HILLS

Towns at Druid Hills is a gated community consisting of 65 townhomes constructed by CalAtlantic Homes. Project has recently SOLD OUT. LIST PRICE|SF

$187

2019 CLOSED P|SF AVG

$188

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

6 $179 7

FMLS 2019-2020, townhomes, closed sales, all price points W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

128

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Towns at North Decatur D E C AT U R

Towns at North Decatur is a new townhouse development by The Providence Group of Georgia. Sales for available units range in price from $439,900 to $469,900. Towns at North Decatur has a total of 41 units. LIST PRICE|SF

$206

2019 CLOSED P|SF AVG

$199

2019 CLOSINGS

2020 CLOSED P|SF AVG

$192

2020 CLOSINGS

Towns at North Peachtree CHAMBLEE

Towns at North Peachtree is a newly constructed townhome community in Chamblee, GA built 2017-2018 by Beazer Homes. LIST PRICE|SF

$176

2019 CLOSED P|SF AVG

$175

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

2 $175 1

FMLS 2019-2020, townhomes, closed sales, all price points

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

129

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

White Oak at East Lake D E C AT U R

White Oak at East Lake is a townhome development located in Decatur, GA. Built in 2019, there are a total of 80 townhomes within the community built by Beazer Homes. LIST PRICE|SF

$150

2019 CLOSED P|SF AVG

$149

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

26 $150 24

FMLS 2019-2020, townhomes, closed sales, all price points W WW.E VATL ANTA.COM

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2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

New Townhome Developments in Midtown New Townhome Market Absorption Most Closings in 2020

Highest PPSF in 2020

Morningside Towns

Views On Ponce

$364

Reynoldstown

Old Fourth Ward

$360

Old Fourth Ward

Views at O4W

$329

Madison Village

Reynoldstown

$313

Views On Ponce

Midtown

$310

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

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2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Heritage on Memorial REYNOLDSTOWN

JW Collection, by John Wieland, presents a gated enclave of 20 elevator-served THs with Sky terrace city views and easy walkability to the Beltline and Madison Yards. LIST PRICE|SF

$248

2019 CLOSED P|SF AVG

$249

2019 CLOSINGS 2020 CLOSED P|SF AVG

6 $256

2020 CLOSINGS

Madison Village REYNOLDSTOWN

16 townhome community starting in the Low $500s. This Pacific Point development is just before Memorial Drive on Moreland Ave. LIST PRICE|SF

$225

2019 CLOSED P|SF AVG

under construction

2019 CLOSINGS

under construction

2020 CLOSED P|SF AVG 2020 CLOSINGS

$220 7

FMLS 2019-2020, townhomes, closed sales, all price points

ENGEL & VÖLKERS

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2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Manchester BUCKHEAD

Phase 1 units ranged from the 300s-400s. Phase 2, released in 2019, has larger homes priced between $431K-$750K. LIST PRICE|SF

$282

2019 CLOSED P|SF AVG

$269

2019 CLOSINGS 2020 CLOSED P|SF AVG

4 $279

2020 CLOSINGS

Morningside Towns PIEDMONT HEIGHTS

Morningside Towns are being developed by Beazer Homes just east of Piedmont and Cheshire Bridge. Tri-level townhomes. LIST PRICE|SF

$267

2019 CLOSED P|SF AVG

$261

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

21 $267 15

FMLS 2019-2020, townhomes, closed sales, all price points W WW.E VATL ANTA.COM

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Views at O4W O L D F O U R T H WA R D

27 unit townhome community off of Ponce de Leon and immediately west of Ponce City Market. LIST PRICE|SF

$349

2019 CLOSED P|SF AVG

$367

2019 CLOSINGS 2020 CLOSED P|SF AVG

4 $329

2020 CLOSINGS

Views on Ponce O L D F O U R T H WA R D

Providence Groups newest townhome community right next store to Ponce City Market. 16 total homes priced in the $900s+. LIST PRICE|SF

$377

2019 CLOSED P|SF AVG

$390

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

1 $364 6

FMLS 2019-2020, townhomes, closed sales, all price points

ENGEL & VÖLKERS

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135

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

West Highlands AT L A N TA

Phase 4 of this Brock Built community is now selling, bringing an additional 54 townhomes to the master planned community on 300+ acres. LIST PRICE|SF

$188

2019 CLOSED P|SF AVG

$186

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

5 $181 4

FMLS 2019-2020, townhomes, closed sales, all price points W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

136

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

New Townhome Developments in Other Intown New Townhome Market Absorption Most Closings in 2020

Highest PPSF in 2020

Castleberry Station

Emerson On Krog

$437

Eastland Gates

Old Fourth Ward

$370

Morningside Towns

Views On Ponce

$364

Park City Place

Lake Claire

$333

Heights at Grant Park

Southerland

$314

ENGEL & VÖLKERS

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Altus at the Quarter WESTSIDE

Altus at the Quarter is an immense project being constructed in the Upper Westside. The 227 home community is equipped with energy saving features by Pulte Homes such as solar rooftops and in-home battery storage. LIST PRICE|SF

$213

2019 CLOSED P|SF AVG

under construction

2019 CLOSINGS

under construction

2020 CLOSED P|SF AVG 2020 CLOSINGS

$213 7

Brownstones at Central Park O L D F O U R T H WA R D

All brick townhomes community located in Old Fourth Ward just a few steps from Central Park. Community has recently SOLD OUT. LIST PRICE|SF 2019 CLOSED P|SF AVG 2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

SOLD OUT $247 1 $220 5

FMLS 2019-2020, townhomes, closed sales, all price points

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

139

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Carramore Landing D E C AT U R

Carramore Landing community offers a selection of townhome plans featuring 2,000+ sq ft with luxurious, top-of-the line features at an outstanding value. LIST PRICE|SF

$198

2019 CLOSED P|SF AVG

$193

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

12 $193 3

Castleberry Station C A S T L E B E R RY H I L L

New construction Brock Built community of 50 total townhomes. Pricing in the mid to upper $400s. LIST PRICE|SF

$215

2019 CLOSED P|SF AVG

under construction

2019 CLOSINGS

under construction

2020 CLOSED P|SF AVG 2020 CLOSINGS

$220 17

FMLS 2019-2020, townhomes, closed sales, all price points W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

140

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Eastland Gates D E C AT U R

Rockhaven Homes community of 94 townhomes just a little south of East Atlanta Village. Homes starting in mid $200s with square footage ranging from 1201-1850. LIST PRICE|SF

$171

2019 CLOSED P|SF AVG

$167

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

12 $167 16

Eastland Village E A S T AT L A N TA

A community of townhomes priced in the high $200s with square footage of around 2,100. LIST PRICE|SF

$117

2019 CLOSED P|SF AVG

$115

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

3 $139 1

FMLS 2019-2020, townhomes, closed sales, all price points

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

141

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Edgehill at Historic Kirkwood KIRKWOOD

David Weekley developed community of 23 townhomes right next to Pullman Yards. Pricing starts in the High $400s. LIST PRICE|SF

$282

2019 CLOSED P|SF AVG

$267

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

5 $238 3

Emerson on Krog I N M A N PA R K

This new townhome development of 22 homes, will start just above $1M. Developed by Thrive Residential. LIST PRICE|SF

$409

2019 CLOSED P|SF AVG

under construction

2019 CLOSINGS

under construction

2020 CLOSED P|SF AVG 2020 CLOSINGS

$437 3

FMLS 2019-2020, townhomes, closed sales, all price points W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

142

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Emory Row

NORTH DRUID HILLS

An intown enclave of move-in ready luxury townhomes with a modern farmhouse appeal built by Waterford Homes, priced from the mid $500s. LIST PRICE|SF

$174

2019 CLOSED P|SF AVG

$174

2019 CLOSINGS

2020 CLOSED P|SF AVG

$174

2020 CLOSINGS

Enclave At Druid Hills NORTH DRUID HILLS

Enclave at Druid Hillis is a townhome community built by Lennar 2018-2020. Community has a total of 19 towhomes. LIST PRICE|SF

$191

2019 CLOSED P|SF AVG

$189

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

12 $197 4

FMLS 2019-2020, townhomes, closed sales, all price points

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

143

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Heights at Grant Park G R A N T PA R K

Community of 43 townhomes is convenient to shopping, dining, entertainment, Atlanta’s Beltline, and Historic Grant Park. LIST PRICE|SF

$175

2019 CLOSED P|SF AVG

$174

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

10 $173 12

Heritage on Memorial REYNOLDSTOWN

JW Collection, by John Wieland, presents a gated enclave of 20 elevator-served THs with Sky terrace city views and easy walkability to the Beltline and Madison Yards. LIST PRICE|SF

$248

2019 CLOSED P|SF AVG

$249

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

6 $256 6

FMLS 2019-2020, townhomes, closed sales, all price points W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

144

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Ironside

E A S T AT L A N TA V I L L A G E

A new townhome community in East Atlanta Village. Built in 2018, there are 24 units in Ironside and homes feature 2-car garages, roof decks, and private balconies. LIST PRICE|SF

$277

2019 CLOSED P|SF AVG

$279

2019 CLOSINGS 2020 CLOSED P|SF AVG

15 $284

2020 CLOSINGS

Lake Claire LAKE CLAIRE

A New Townhome community by Hedgewood Homes priced from the high $500s. LIST PRICE|SF

$316

2019 CLOSED P|SF AVG

$318

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

7 $333 2

FMLS 2019-2020, townhomes, closed sales, all price points

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

145

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Madison Village REYNOLDSTOWN

16 townhome community starting in the Low $500s. This Pacific Point development is just before Memorial Drive on Moreland Ave. LIST PRICE|SF

$225

2019 CLOSED P|SF AVG

under construction

2019 CLOSINGS

under construction

2020 CLOSED P|SF AVG

$220

2020 CLOSINGS

Manchester BUCKHEAD

Phase 1 units ranged from the 300s-400s. Phase 2, released in 2019, has larger homes priced between $431K-$750K. LIST PRICE|SF

$282

2019 CLOSED P|SF AVG

$269

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

4 $292 1

FMLS 2019-2020, townhomes, closed sales, all price points W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

146

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Morningside Towns PIEDMONT HEIGHTS

Morningside Towns are being developed by Beazer Homes just east of Piedmont and Cheshire Bridge. Tri-level townhomes. LIST PRICE|SF

$267

2019 CLOSED P|SF AVG

$261

2019 CLOSINGS 2020 CLOSED P|SF AVG

21 $261

2020 CLOSINGS

Park City Place E A S T AT L A N TA V I L L A G E

A Silverstone cOmmunity priced in the low $200s. LIST PRICE|SF

$147

2019 CLOSED P|SF AVG

$147

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

26 $145 13

FMLS 2019-2020, townhomes, closed sales, all price points

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

147

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Southerland LAKE CLAIRE

Hedgewood Homes newest neighborhood of 45 townhomes right in the heart of Lake Claire. Pricing starts in the high $400s up to the mid $700s. LIST PRICE|SF

$317

2019 CLOSED P|SF AVG

$325

2019 CLOSINGS 2020 CLOSED P|SF AVG

2 $314

2020 CLOSINGS

Sophia

DRUID HILLS

Minerva is constructing 12 flats and 12 townhomes right on Briarcliff next to FOX 5 Studios. Townhomes start in low $800s with three bedrooms. LIST PRICE|SF

$280

2019 CLOSED P|SF AVG

$274

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

4 $258 1

FMLS 2019-2020, townhomes, closed sales, all price points W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

148

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Residences at Studioplex O L D F O U R T H WA R D

With direct BeltLine access, this community consists of 19 townhomes on the line between Historic Old Fourth Ward and Inman Park. This community has recently SOLD OUT. LIST PRICE|SF 2019 CLOSED P|SF AVG 2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

SOLD OUT $399 19 $332 10

Summerhill SUMMERHILL

Summerhill by Hedgewood is a new community located within the groundbreaking redevelopment of Atlanta’s historical Summerhill neighborhood. New two and three story homes Hedgewood-style. LIST PRICE|SF

$184

2019 CLOSED P|SF AVG

$183

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

11 4 $189

FMLS 2019-2020, townhomes, closed sales, all price points

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

149

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Temple Square C O L L E G E PA R K

Temple Square townhomes combine the comfort of upscale living with the convenience and amenities of classic modern design, with MARTA just a short stroll from the front door LIST PRICE|SF

2019 CLOSED P|SF AVG

2019 CLOSINGS

2020 CLOSED P|SF AVG 2020 CLOSINGS

$205 1

$223

2019 CLOSED P|SF AVG

$210

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

12 $200 4

FMLS 2019-2020, townhomes, closed sales, all price points W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

150

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

The Moderns KIRKWOOD

Sinocoin Enterprise community of 62 townhomes. Phase I was just completed. LIST PRICE|SF

$198

2019 CLOSED P|SF AVG

$177

2019 CLOSINGS 2020 CLOSED P|SF AVG

19 $203

2020 CLOSINGS

The Moderns at Sugar Mill Creek PA R K V I E W

The Moderns at Sugar Creek is a new community of 62 townhomes being built in Atlanta near Kirkwood. Established in 2017. LIST PRICE|SF

$219

2019 CLOSED P|SF AVG

$216

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

1 $216 1

FMLS 2019-2020, townhomes, closed sales, all price points

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

151

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

The Ormewood O R M E W O O D PA R K

The Ormewood is a new townhouse development by Intown Builders Group, Inc. The development was completed in 2018 with a total of 6 units. LIST PRICE|SF

$271

2019 CLOSED P|SF AVG

$270

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

7 $288 1

The Park at Vinings VININGS

The Park at Vinings has atotal fo 64 units and features spacious open floor plans, gourmet kitchens with large islands and plenty of space to entertain, and large top floor owner’s suites with luxurious spa bathrooms. LIST PRICE|SF

$173

2019 CLOSED P|SF AVG

$171

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

30 $169 5

FMLS 2019-2020, townhomes, closed sales, all price points W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

152

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

The Swift

B O U L E VA R D H E I G H T S

Edward Andrews community of 122 townhomes just 2 blocks from the future Beltline and walking distance to Grant Park. LIST PRICE|SF 2019 CLOSED P|SF AVG 2019 CLOSINGS 2020 CLOSED P|SF AVG

SOLD OUT $223 114 $243

2020 CLOSINGS

Views On Ponce O L D F O U R T H WA R D

Providence Groups newest townhome community right next store to Ponce City Market. 16 total homes priced in the $900s+. LIST PRICE|SF

$377

2019 CLOSED P|SF AVG

$390

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

1 $364 6

FMLS 2019-2020, townhomes, closed sales, all price points

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

153

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Westside Station WESTSIDE

Westside Station is a new townhouse development by Brock Built. Westside Station has a total of 163 units. Sizes range from 2585 to 2754 square feet. LIST PRICE|SF

$224

2019 CLOSED P|SF AVG

$224

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

36 $236 5

Westside Village WESTSIDE

This Sold out development by Providence Group of Georgia is priced from the mid $400s. LIST PRICE|SF

$231

2019 CLOSED P|SF AVG

$228

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

16 $221 7

FMLS 2019-2020, townhomes, closed sales, all price points W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

154

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

New Townhome Developments in Sandy Springs New Townhome Market Absorption Most Closings in 2020

Highest PPSF in 2020

Aria

Townes at Chastain

$253

Townsend at Perimeter

Reserve At City Park

$246

Townes at Chastain

Aria

$239

Atwater

Reserve at City Center

$232

Reserve at City Center

Townsend at Perimeter

$216

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

156

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Aria

SANDY SPRINGS

Aria was delivered by Ashton Woods by 2019. The community features townhomes, lofts, and single-family homes. When completed, there will be well over 600 homes. The community already has several future phases planned, including an area for mixed-use development. LIST PRICE|SF

$266

2019 CLOSED P|SF AVG

$230

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

42 $239 34

Atwater

SANDY SPRINGS

The Atwater Collection by John Wieland Homes includes 43 4-story townhomes and a cluster of single-family homes starting in the mid $600s. LIST PRICE|SF

$206

2019 CLOSED P|SF AVG

$225

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

1 $199 8

FMLS 2019-2020, townhomes, closed sales, all price points

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

157

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Georgetown Square DUNWOODY

Newly constructed townhomes by Minerva homes in the heart of Dunwoody. Georgetown Square features several flower gardens and a park. LIST PRICE|SF

$192

2019 CLOSED P|SF AVG

$191

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

9 $188 5

Provenance at Sandy Springs SANDY SPRINGS

Provenance at Sandy Springs is a townhome development built in 2019 with a total of 31 units. Provenance at Sandy Springs is a gated community that starts at $400k. LIST PRICE|SF

$201

2019 CLOSED P|SF AVG

$192

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

8 $197 6

FMLS 2019-2020, townhomes, closed sales, all price points W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

158

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Reserve at City Center SANDY SPRINGS

Reserve at City Center is a Rockhaven Homes community of 15 total townhomes near the newly developed City Center in Sandy Springs. Homes start in the high $500s.

LIST PRICE|SF

$223

2019 CLOSED P|SF AVG

$230

2019 CLOSINGS 2020 CLOSED P|SF AVG

5 $232

2020 CLOSINGS

Townes at Chastain SANDY SPRINGS

New Providence Group community with 138 townhomes. Close to three quarters closed out. Pricing in the $400s to $500s. LIST PRICE|SF

$252

2019 CLOSED P|SF AVG

$251

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

27 $253 17

FMLS 2019-2020, townhomes, closed sales, all price points

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

159

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Townsend at Perimeter DUNWOODY

Townsend at Perimeter is a new townhouse development by Taylor Morrison at 54 Perimeter Center East, Atlanta. Townsend at Perimeter has a total of 87 units. Sizes range from 2407 to 2414 square feet. LIST PRICE|SF

$217

2019 CLOSED P|SF AVG

$216

2019 CLOSINGS 2020 CLOSED P|SF AVG 2020 CLOSINGS

35 $216 24

FMLS 2019-2020, townhomes, closed sales, all price points W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

160

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Cobb County Single Family Home Market Average Lot Price in County

Top Builders by Units

Average Lot Price in 2019

$101,958

SDC Gwinnett LLC

Average Lot Price in 2020

$109,729

Traton Homes LLC

Year-Over-Year % Change

Fischer Homes ATL

Millwood Farms

Bercher Homes

8831

Resale Closings

New Construction Closings

623

January 2020 - December 2020

Source: 1/1/20-12/31/20

Cobb Absorption New Construction Detached 2020

Active Listings

0199k

200299k

300399k

400499k

500599k

600699k

700799k

800899k

900999k

1M1.99M

2M-5M

5M+

Total & Average

Annual Closings

184

137

104

623

Monthly Closings

0.2

4.8

15.3

11.4

8.7

4.4

2.4

1.3

0.8

2.5

0.2

4.7

Avg. CDOM SP/LP Months Inventory

109

137

126

164

204

383

311

196

141

164

98%

100%

99%

97%

101%

92%

98%

0.0

0.5

0.9

1.6

2.0

2.1

2.4

2.7

2.8

0.0

1.4

Source: FMLS Pull (1/1/20-12/31/20) Detached New Construction in Cobb

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

161

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

New/Resale Closings 3500

New Closings Resale Closings

3000 2500 2000 1500 1000 500 0

< 100K

100199K

200299K

300399K

400499K

500599K

600699K

700799K

800899K

900999K

1M+

Inventory Surplus / Deficit 0 -200 -400 -600 -800 -1000 -1200 -1400

New Surplus/Deficit Resale Surplus/Deficit

-1600 -1800

< 100K

100199K

200299K

300399K

400499K

500599K

600699K

700799K

800899K

900999K

1M+

New/Resale Market Share 120%

New Market Share Resale Market Share

100% 80% 60% 40% 20% 0%

< 100K

New Market Share Resale Market Share

100199K

200299K

300399K

400499K

500599K

600699K

700799K

800899K

900999K

1M+

<100k

100k -199k

200299k

300399k

400499k

500599k

600699k

700799k

800899k

900999k

1M+

Total

0.4%

1.9%

7.4%

9.7%

15.3%

15.7%

14.4%

13.1%

23.6%

23.1%

6.9%

100%

99.6%

98.1%

92.6%

90.3%

84.7%

84.3%

85.6%

86.9%

76.4%

76.9%

93.1%

Source: Marketnsight Cobb County Single Family in 2020 W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

162

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Dekalb County Single Family Home Market Average Lot Price in County

Top Builders by Units

Average Lot Price in 2019

$53,357

Dr Horton Inc

Average Lot Price in 2020

$70,045

GC Conley Creek LLC

Year-Over-Year % Change

31%

Park Eastland LLC

Capkey Dolphin Partners

SA Goodsell Dev Co

6240

Resale Closings

New Construction Closings

439

January 2020 - December 2020

Source: 1/1/20-12/31/20

Dekalb Absorption New Construction Detached 2020 0199k

200299k

300399k

400499k

500599k

600699k

700799k

800899k

900999k

1M1.99M

2M-5M

5M+

Total & Average

Annual Closings

108

439

Monthly Closings

1.2

9.0

4.7

5.1

3.8

2.0

2.7

1.9

1.7

4.6

0.0

3.3

Active Listings

Avg. CDOM SP/LP Months Inventory

123

116

108

147

104

113

102

103%

100%

98%

97%

99%

98%

99%

0.0

0.2

1.3

0.4

1.0

1.5

0.5

1.8

2.2

1.0

Source: FMLS Pull (1/1/20-12/31/20) Detached New Construction in Dekalb

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

163

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

New/Resale Closings 2000

New Closings Resale Closings

1800 1600 1400 1200 1000 800 600 400 200 0

< 100K

100199K

200299K

300399K

400499K

500599K

600699K

700799K

800899K

900999K

1M+

Inventory Surplus / Deficit 0 -100 -200 -300 -400 -500 -600 -700 -800

New Surplus/Deficit Resale Surplus/Deficit

-900 -1000

< 100K

100199K

200299K

300399K

400499K

500599K

600699K

700799K

800899K

900999K

1M+

New/Resale Market Share 120%

New Market Share Resale Market Share

100% 80% 60% 40% 20% 0%

< 100K

100199K

200299K

300399K

400499K

500599K

600699K

700799K

800899K

900999K

1M+

<100k

100k -199k

200299k

300399k

400499k

500599k

600699k

700799k

800899k

900999k

1M+

Total

New Market Share

2.6%

1.0%

7.0%

5.5%

6.9%

8.8%

8.3%

13.0%

15.8%

18.8%

28.0%

6.8%

Resale Market Share

97.4%

99.0%

93.0%

94.5%

93.1%

91.2%

91.7%

87.0%

84.2%

81.2%

72.0%

93.2%

Source: Marketnsight Dekalb County Single Family in 2020 W WW.E VATL ANTA.COM

ENGEL & VÖLKERS

164

2 0 2 0 Y E A R - E N D AT L A N TA M A R K E T I NT EL L I G ENCE

Fulton County Single Family Home Market Average Lot Price in County

Top Builders by Units

Average Lot Price in 2019

$74,150

Dr Horton Inc

315

Average Lot Price in 2020

$91,777

Century Communities of Georgia

182

Year-Over-Year % Change

24%

Liberty Communities LLC

102

Brock Built Homes LLC

Silverstone Residential GA LLC

Resale Closings

11753

New Construction Closings

836

January 2020 - December 2020

Source: 1/1/20-12/31/20

Fulton Absorption New Construction Detached 2020

Active Listings

0199k

200299k

300399k

400499k

500599k

600699k

700799k

800899k

900999k

1M1.99M

2M-5M

5M+

Total & Average

Annual Closings

221

125

836

Monthly Closings

3.7

18.4

10.4

5.8

5.5

4.8

4.5

3.8

2.5

7.7

2.4

0.1

5.8

Avg. CDOM SP/LP Months Inventory

121

140

201

156

243

247

179

245

149

99%

100%

107%

99%

97%

98%

99%

98%

90%

97%

98%

0.0

0.2

0.7

0.9

0.6

1.3

1.0

2.0

3.4

4.1

12.0

2.2

Source: FMLS Pull (1/1/20-12/31/20) Detached New Construction in Dekalb

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

165

2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

New/Resale Closings 2000

New Closings Resale Closings

1800 1600 1400 1200 1000 800 600 400 200 0

< 100K

100199K

200299K

300399K

400499K

500599K

600699K

700799K

800899K

900999K

1M+

Inventory Surplus / Deficit 0 -100 -200 -300 -400 -500 -600 -700

New Surplus/Deficit Resale Surplus/Deficit

-800 -900

< 100K

100199K

200299K

300399K

400499K

500599K

600699K

700799K

800899K

900999K

1M+

New/Resale Market Share 120%

New Market Share Resale Market Share

100% 80% 60% 40% 20% 0%

< 100K

100199K

200299K

300399K

400499K

500599K

600699K

700799K

800899K

900999K

1M+

<100k

100k -199k

200299k

300399k

400499k

500599k

600699k

700799k

800899k

900999k

1M+

Total

New Market Share

1.1%

3.8%

12.6%

9.1%

6.5%

7.7%

9.7%

10.2%

12.2%

14.0%

14.1%

9.0%

Resale Market Share

98.9%

96.2%

87.4%

90.9%

93.5%

92.3%

90.3%

89.8%

87.8%

86.0%

85.9%

91.0%

Source: Marketnsight Fulton County Single Family in 2020 W WW.E VATL ANTA.COM

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Gwinnett County Single Family Home Market Average Lot Price in County

Top Builders by Units

Average Lot Price in 2019

$77,683

Dr Horton INC

215

Average Lot Price in 2020

$78,825

Sdc Gwinnett LLC

109

Year-Over-Year % Change

Almont Homes NE INC

EMC Homes LLC

Providence Group

Resale Closings

11141

New Construction Closings

1100

January 2020 - December 2020

Source: 1/1/20-12/31/20

Fulton Absorption New Construction Detached 2020

Active Listings

0199k

200299k

300399k

400499k

500599k

600699k

700799k

800899k

900999k

1M1.99M

2M-5M

5M+

Total & Average

Annual Closings

207

577

214

1094

Monthly Closings

0.6

17.3

48.1

17.8

4.2

2.0

0.5

0.3

0.0

0.4

0.0

7.6

Avg. CDOM SP/LP Months Inventory

101

118

139

218

184

176

212

512

189

98%

100%

101%

98%

87%

96%

94%

97%

0.0

0.1

0.4

0.2

0.5

2.0

0.0

4.8

0.9

Source: FMLS Pull (1/1/20-12/31/20) Detached New Construction in Dekalb

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2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

New/Resale Closings 7000

New Closings Resale Closings

6000 5000 4000 3000 2000 1000 0

< 100K

100199K

200299K

300399K

400499K

500599K

600699K

700799K

800899K

900999K

1M+

Inventory Surplus / Deficit 0 -500 -1000 -1500 -2000 -2500

New Surplus/Deficit Resale Surplus/Deficit

-3000 -3500

< 100K

100199K

200299K

300399K

400499K

500599K

600699K

700799K

800899K

900999K

1M+

New/Resale Market Share 120%

New Market Share Resale Market Share

100% 80% 60% 40% 20% 0%

< 100K

100199K

200299K

300399K

400499K

500599K

600699K

700799K

800899K

1M+

900999K

<100k

100k -199k

200299k

300399k

400499k

500599k

600699k

700799k

800899k

900999k

1M+

Total

New Market Share

5.9%

0.8%

3.9%

19.5%

19.4%

14.9%

16.9%

12.2%

11.8%

8.2%

10.3%

Resale Market Share

94.1%

99.2%

96.1%

80.5%

80.6%

85.1%

83.1%

87.8%

88.2%

100%

91.8%

89.7%

Source: Marketnsight Gwinnett County Single Family in 2020 W WW.E VATL ANTA.COM

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Luxury Single Family Home Market All Atlanta Intown Detached Single Family Homes Priced $1M and Higher Intown Atlanta’s luxury single family home market, like other segments, is experiencing a noticeable lack of inventory. Active listings, year to date, have dropped by 16%, pending sales have risen by 36%. Despite a two-month stay-at-home order, the number of sold homes in 2020 has risen 35%. The average sales price remained relatively the same from 2019. 2020’s highest priced sale was for a sprawling 35,000 square foot mansion in Buckhead- the previous home of billionaire, Tyler Perry. The home was purchased by Steve Harvey for $15,000,000 on May 26, 2020 for $445/square foot.

Total Market All Detached Single Family Home Product priced $1M and higher FMLS Areas 21, 22, 23, 24 2013

2014

2015

2016

2017

2018

2019

2020

# Sold

3931

3979

3821

3612

3844

PPSF

227

246

260

270

274

Avg DOM

Source: TrendGraphix: All Single Family Homes Priced $1M+ in Area 21-24 in 2020

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2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Current vs. Prev. Month

Curent vs. 12 Months Ago

Dec. 20

Nov. 20

% Change

Dec. 20

Jan. 20

% Change

For Sale

234

280

-16.4

234

269

-13%

Sold

23.10%

93.9%

Pending

-25%

-23.4%

Data by Month for Previous 12 Months 20-Jan

20-Feb

20-Mar

20-Apr

20-May

20-Jun

20-Jul

20-Aug

20-Sep

20-Oct

20-Nov

20-Dec

Active

269

285

301

331

348

358

351

343

325

330

280

234

Sold

Pending

Months of Inventory (Closed Sales)

8.2

10.2

5.6

7.7

9.4

7.2

4.7

5.6

5.4

3.7

Months of Inventory (Pended Sales)

5.7

4.8

8.9

9.5

5.9

4.9

5.2

4.5

4.7

5.5

5.8

6.5

Absorption Rate (Closed Sales) %

12.3

9.8

17.9

10.6

21.1

19.8

24.9

17.9

18.6

27.4

$1,631

$1,675

$1,560

$1,527

$1,820

$1,838

$1,773

$1,767

$1,809

$1,853

$1,742

$1,658

Avg. PPSF (Sold)

284

330

317

297

314

335

341

330

343

319

313

331

Sold/List Diff. %

Avg Days on Market

102

Avg. Sold Price

$1M to $2M Transactions 2016

2017

2018

2019

$2M to $5M Transactions

2020

2016

2017

2018

2019

400

643

2016

2017

#Sold 406

504

2018

2019

2020

#Sold Trendline

351

2020

#Sold Trendline

#Sold 330

$5M+ Transactions

Single Family Homes Closed for over $1M in 2020

#Sold 93

130

139

Single Family Homes Closed for over $2M in 2020

Source: TrendGraphix: All Single Family Homes Priced $1M+ in Area 21-24 in 2020 W WW.E VATL ANTA.COM

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Highest Single Family 2020 Closings Over $2.5M Status

Close Date

Days on Market

Address

Area

County

Bedrooms

Full Baths

Half Baths

Year Built

Sale Price

Square Footage

PPSF

Sold

5/26/20

634

4110 Paces Ferry Road

Fulton

2007

$15,000,000

34,688

$432

Sold

8/25/20

201

40 Cates Ridge Road

Fulton

1997

$7,500,000

9,194

$816

Sold

10/23/20

391 Argonne Drive

Fulton

2015

$7,385,000

13,055

$566

Sold

6/15/20

1145 Paces Ferry Road

Fulton

1926

$7,300,000

12,766

$572

Sold

8/21/20

526 King Road

Fulton

2018

$6,687,000

11,748

$569

Sold

9/17/20

258 Pineland Road

Fulton

2020

$6,575,000

9,555

$688

Sold

7/28/20

177

4371 Northside Drive

Fulton

1986

$5,500,000

11,185

$492

Sold

9/10/20

10 Andrews Drive

Fulton

1925

$5,400,000

8,010

$674

Sold

10/23/20

199

515 Paces Ferry Road

Fulton

2002

$5,250,000

15,344

$342

Sold

11/20/20

113

1744 Randall Mill Way

Fulton

2019

$4,813,728

7,526

$640

Sold

9/1/20

5178 Lake Forrest Drive

Fulton

2016

$4,750,000

9,841

$483

Sold

8/31/20

845 Clifton Road

Dekalb

1928

$4,692,000

7,172

$654

Sold

8/28/20

413

700 Foxhollow Run

Fulton

2002

$4,600,000

18,384

$250

Sold

3/18/20

5115 Northside Drive

Fulton

2008

$4,500,000

26,000

$173

Sold

10/16/20

346

1451 Jackson Ridge Road

322

Greene

2013

$4,257,000

12,101

$352

Sold

7/17/20

6184 Riverside Drive

131

Fulton

2003

$4,240,000

11,842

$358

Sold

9/16/20

450 Blackland Road

Fulton

2006

$4,179,000

9,915

$421

Sold

8/26/20

505 Kenbrook Drive

Fulton

2020

$4,100,000

8,154

$503

Sold

7/1/20

147

474 Stewart Camp Point

400

Fannin

2012

$4,100,000

11,829

$347

Sold

7/15/20

125

3351 Woodhaven Road

Fulton

1931

$4,075,000

9,725

$419

Sold

10/15/20

4300 Harris Trail

Fulton

2007

$4,074,000

8,252

$494

Sold

2/20/20

510 Forest Road

804

Glynn

2007

$4,025,000

7,616

$528

Sold

10/30/20

209

3200 Ridgewood Road

Fulton

2007

$4,000,000

9,272

$431

Sold

10/22/20

416

3610 Randall Mill Road

Fulton

2000

$4,000,000

9,943

$402

Sold

8/14/20

3785 Stratford Road

Fulton

2014

$3,790,000

9,000

$421

Sold

12/23/20

211

16168 Hopewell Road

Fulton

2005

$3,750,000

7,708

$487

Sold

4/1/20

2475 Rivers Road

Fulton

2002

$3,630,000

7,240

$501

Sold

3/11/20

4220 Harris Trail

Fulton

2020

$3,600,000

8,800

$409

Sold

10/29/20

4455 Harris Trail

Fulton

1998

$3,600,000

15,738

$229

Sold

4/30/20

121

4076 Glen Devon Drive

Fulton

2005

$3,575,000

11,895

$301

Sold

11/25/20

357 Tara Trail

132

Fulton

2019

$3,569,940

9,240

$386

Sold

10/29/20

1704 Sea Island Drive

804

Glynn

1969

$3,525,000

5,045

$699

Sold

12/4/20

940 Springdale Road

Dekalb

1918

$3,525,000

7,010

$503

Source: FMLS Closed Single Family Homes Priced $2.5M+ in all Areas in 2020

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2020 YEAR-END ATL ANTA M ARKET I NTELLI GENCE

Highest Single Family 2020 Closings Over $2.5M Status

Close Date

Days on Market

Address

Area

County

Bedrooms

Full Baths

Half Baths

Year Built

Sale Price

Square Footage

PPSF

Sold

12/7/20

815 Island Drive

Fulton

1959

$3,500,000

6,707

$522

Sold

8/21/20

3541 Tuxedo Road

Fulton

1933

$3,500,000

8,410

$416

Sold

6/1/20

4870 Northside Drive

Fulton

2008

$3,500,000

11,480

$305

Sold

7/15/20

268

3444 Tuxedo Road

Fulton

2006

$3,450,000

6,513

$530

Sold

8/24/20

190

4985 Rebel Trail

Fulton

2015

$3,450,000

7,428

$464

Sold

7/27/20

170

230 Peachtree Circle

Fulton

2019

$3,400,000

6,278

$542

Sold

9/4/20

1817 Wesley Road

Fulton

2015

$3,400,000

9,790

$347

Sold

10/27/20

4440 Northside Drive

Fulton

2009

$3,398,750

10,984

$309

Sold

2/21/20

3936 Club Drive

Fulton

2000

$3,378,380

9,583

$353

Sold

12/3/20

109

11235 Stroup Road

Fulton

2005

$3,375,000

23,700

$142

Sold

3/13/20

176

1185 Mount Paran Road

Fulton

2012

$3,362,500

13,500

$249

Sold

11/16/20

13475 Providence Road

Fulton

2020

$3,350,000

9,623

$348

Sold

2/21/20

3498 Paces Valley Road

Fulton

2019

$3,300,000

7,180

$460

Sold

10/30/20

2490 Woodward Way

Fulton

1930

$3,294,500

5,594

$589

Sold

12/8/20

60 Sherington Place

131

Fulton

1990

$3,265,000

14,067

$232

Sold

7/15/20

100

5000 Long Island Drive

Fulton

2003

$3,250,000

6,404

$507

Sold

4/3/20

3469 Knollwood Drive

Fulton

1997

$3,250,000

8,459

$384

Sold

6/23/20

3498 Paces Valley Road

Fulton

2019

$3,235,000

7,180

$451

Sold

3/23/20

3640 Randall Hall Road

Fulton

1960

$3,200,000

9,000

$356

Sold

8/31/20

3995 Randall Mill Road

Fulton

2020

$3,200,000

9,579

$334

Sold

9/23/20

165

7415 Breeze Bay Road

224

Forsyth

2003

$3,200,000

12,000

$267

Sold

11/12/20

124

5315 Riverview Road

132

Fulton

2020

$3,175,000

7,300

$435

Sold

7/31/20

3320 Rilman Road

Fulton

2020

$3,150,000

6,049

$521

Sold

10/28/20

3785 Paces Ridge

Fulton

2002

$3,150,000

7,991

$394

Sold

8/18/20

189 Academy Street

Fulton

2019

$3,150,000

8,798

$358

Sold

11/19/20

1740 Mount Paran Road

Fulton

2007

$3,130,000

7,306

$428

Sold

12/31/20

1101 Garmon Drive

Fulton

1998

$3,104,000

7,277

$427

Sold

1/24/20

310

1980 Paces Ferry Road

Fulton

1999

$3,100,000

9,947

$312

Sold

11/12/20

125

14530 Thompson Road

Fulton

2019

$3,031,250

8,790

$345

Sold

6/23/20

3635 Rembrandt Road

Fulton

2003

$3,015,000

10,903

$277

Sold

11/3/20

3671 Tuxedo Road

Fulton

2000

$3,008,000

10,295

$292

Sold

2/24/20

343

3765 Paces Ridge

Fulton

2002

$3,000,000

8,821

$340

Sold

11/10/20

3312 Rilman Road

Fulton

2020

$3,000,000

6,656

$451

Source: FMLS Closed Single Family Homes Priced $2.5M+ in all Areas in 2020 W WW.E VATL ANTA.COM

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Intown ATL Single Family Homes: New vs Resale Supply & Demand New/Resale Closings 1400

New Closings Resale Closings

1200 1000 800 600 400 200 0

< 500K

500599K

600699K

700799K

800899K

900999K

10001099K

11001199K

12001299K

13001399K

14001499K

15001599K

16001699K

17001799K

18001899K

19001999K

2000K+

Inventory Surplus/Deficit 0 -100 -200 -300 -400

New Surplus/Deficit Resale Surplus/Deficit

-500 -600

< 500K

500599K

600699K

700799K

800899K

900999K

10001099K

11001199K

12001299K

13001399K

14001499K

15001599K

16001699K

17001799K

18001899K

19001999K

2000K+

New/Resale Market Share 120

New Market Share Resale Market Share

100 80 60 40 20 0

< 500K

500599K

600699K

700799K

800899K

900999K

10001099K

11001199K

12001299K

13001399K

14001499K

15001599K

16001699K

17001799K

18001899K

19001999K

2000K+

<500k

500k599k

600k699k

700k799k

800k899k

900k999k

1000k1099k

1100k1199k

1200k1299k

1300k1399k

1400k1499k

1500k1599k

1600k1699k

17001799k

1800k1899k

1900k1999k

2000k+

Total

New Surplus/Deficit

-29

-23

-19

-11

-1

-6

-1

-7

-1

-2

-94

Resale Surplus/Deficit

-552

-170

-127

-102

-68

-44

-32

-29

-19

-16

-12

-13

-7

-10

-5

-1200

Source: TrendGraphix: All Single Family Homes Priced $1M+ in Area 21-24 in 2020

ENGEL & VÖLKERS

W W W.EVAT L ANTA.CO M

2020 YEAR-END MARKET INTELLIGENCE M I D T O W N

B U C K H E A D

I N T O W N

D O W N T O W N

M E T R O

AT L A N T A

C H R I S TA H U F F S T I C K L E R CEO/Owner

EMAIL christa@evatlanta.com | DIRECT 678.207.7803

1745 Peachtree Street, Atlanta, GA 30309, USA | 404.845.7724

evatlanta.com

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