2014 Atlanta Market Report by Virsocom

SkyRise GROUP

Atlanta Fine Homes

MARKET REPORT JAN-DEC. 2014

FROM THE DESK OF ANNE SCHWALL As the Vice President of Atlanta Fine Homes Sotheby’s International Realty SkyRise Group, I’m pleased to bring you this market report focused on the Buckhead and Midtown areas. It’s been a very exciting year for Atlanta developments, especially in the luxury high-rise and multi-family markets. In the captivating, sophisticated Buckhead neighborhood, inventory has been on the rise – as well as prices. Residences are closing at very near asking price, indicating that buyer demand for a luxury product remains strong. In Midtown, prices have been easing a bit, bringing more opportunities to buyers who want to be part of Atlanta’s bustling urban heart. Here, too, residences are closing at nearly full asking price. Enjoy browsing through our research and analysis, and contact me when you’re ready to discuss your next move in Atlanta’s luxury real estate market. SkyRise is here as your personal resource for exclusive insights and fine high-rise properties.

Anne Schwall

Vice President, SkyRise Group

WELCOME TO ATLANTA FINE HOMES SOTHEBY’S INTERNATIONAL REALTY SKYRISE GROUP Atlanta Fine Homes Sotheby’s International Realty SkyRise Group is a niche office dedicated to extraordinary lifestyles. Our group only markets to the most premier new developments throughout Atlanta. SkyRise provides full-service marketing and sales management to residential developer and lender clients specializing in new construction communities and high-rise projects. Our highly experienced team elevates the extraordinary in expertise and service to provide a comprehensive approach to sales and marketing. Services include marketing plan development and management; sales management and training; sales reporting; and – as you’ll discover within these pages – thoughtful market research and analysis.

MARKET SUMMARY: AREA 21

BUCKHEAD Our analysis of the Buckhead luxury condominium market focuses on those residences built no sooner than 2007 and priced above $700,000, with a minimum of two bedrooms. Generally speaking, sales prices tend to decrease as inventory increases, but in the captivating, sophisticated Buckhead neighborhood, both inventory and prices rose throughout 2014. Sales volumes peaked by the end of the third quarter, with 15 units sold in August, but sale prices continued to rise, with December registering the highest average closing price at nearly $2 million.

· Condominiums that sold over the final quarter of 2014 (October - December) averaged 96.3 of their asking price, and spent an average time on the market of 84.5 days. · Average prices per square foot, a strong indicator of market strength, increased to its highest during the final quarter of 2014, with an average of $529.33/SF, higher than any of the 3 previous quarters. Quarters 2 and 3 averaged $471.67 and $460.67, respectively. · The number of condominiums available during any month rose steadily over 2014, with a low of only 27 for sale in January and 43 for sale in December. The yearly high came in November, when 44 condos were available. · In December 2014, residences that sold averaged $1,932,000 per sale, which was the second highest of the entire year (May 2014 $2,029,000). The average price per square foot was $691, higher than any previous month during 2014 by at least $125. · In the Buckhead area, sales peaked in August, with 15 units sold or under contract for sale, with an average time on the market of only 65 days, good for the 3rd lowest of the year.

Price: $700,000+ Size: 2 BD+ Completed: 2007-present Type: Residential Attached Report Range: Jan-Dec 2014 Date For Sale Sold Pended Months of Inventory (Closed Sales) Months of Inventory (Pended Sales) Absorption Rate (Closed Sales) % Absorption Rate (Pended Sales) % Avg. Active Price ($000’s) Avg. Sold Price ($000’s) Avg. Sq. Ft. Price ($) Sold/List Diff. % Sold/Orig LP Diff. % Days on Market Avg CDOM Median

Jan 27 4 5 6.8 5.4 14.8 18.5 2,440 1,786 0 98 98 175 175 1,693

Current vs. Prev Month Nov

% Change

Dec

Jan

% Change

For Sale

-2.3%

59.3%

Sold

-50%

Pended

-25%

-40%

Avg. Sq. Ft. Price ($)

691.2

424.8

62.7%

691.2

N/A

Months of Inventory (Closed Sales)

10.8

5.5

96.4%

10.8

6.8

59.3

Feb 32 5 3 6.4 10.7 15.6 9.4 2,345 1,523 339 95 95 31 31 1,699

Number of Residences on the Market For Sale Sold Pended

Current vs. 12 Months Ago

Dec

Mar 36 6 6 6 6 16.7 16.7 2,146 1,808 543 95 95 76 76 2,216

Apr 33 1 5 33 6.6 3 15.2 2,166 700 405 97 97 14 14 700

May 39 3 5 13 7.8 7.7 12.8 2,320 2,029 480 95 95 70 70 2,430

Jun 40 8 4 5 10 20 10 2,150 1,440 530 98 98 26 26 1,400

Jul 38 3 6 12.7 6.3 7.9 15.8 2,209 1,741 429 93 93 112 230 1,825

Aug 34 7 8 4.9 4.3 20.6 23.5 2,175 1,243 387 87 86 65 65 1,125

Sep 41 5 2 8.2 20.5 12.2 4.9 2,018 1,553 566 98 98 94 94 1,600

Oct 43 4 6 10.8 7.2 9.3 14 2,107 1,392 472 90 90 96 96 1,513

Nov 44 8 4 5.5 11 18.2 9.1 2,109 1,210 425 99 99 72 72 1,075

Dec 43 4 3 10.8 14.3 9.3 7 2,044 1,932 691 98 97 99 99 1,775

Months of Inventory (Closed Sales) 33

13 6.8 JANUARY

6.4

FEBRUARY

MARCH

12.7 5

APRIL

MAY

Average Price Per Square Foot ($)

*All data on this page courtesy of Trendgraphix, 1/1/2014-12/31/2014.

JUNE

8.2

10.8 5.5

4.9 JULY

AUGUST

SEPTEMBER

10.8

OCTOBER

NOVEMBER

DECEMBER

MARKET SUMMARY: AREAS 22-23

MIDTOWN In Midtown, Atlantaâ&#x20AC;&#x2122;s bustling urban business heart, both inventory and listing prices rose steadily throughout the year, however, average prices per square foot that eased off in the fall picked back up at yearâ&#x20AC;&#x2122;s end. Prices per square foot in December averaged $344, up over the yearly average of $328.50. Prices hit their yearly high at the beginning of the year, with one sale closing at $394/SF. Of the units that have closed, most were snapped up within days of hitting the market for as much as 109% of asking price, with sales increasing during summer and peaking in August. And while sales numbers came down just slightly in the last quarter, December saw the second highest average sale price for the year.

路 The market behaved relatively consistenly throughout 2014. Between May and December, there were no less than 21 and no more than 24 condos for sale during any one month. During this time period, most months average between 1-2 sales per month. 路 Sales tended to pick up during the summer months, peaking in August with a total of nine condos sold or under contract for sale, which represented 39% of the available inventory. 路 Although there were less sales in Midtown than Buckhead, those that did sell averaged anywhere from 92-109% of the original asking price. 路 The average listing price for condos in the Mid town area also remained relatively steady, with a low of $988,000 in March to a high of 1,120,000 in April (December 2014 was second highest with an average of $1,108,000).

Jan 13 0 2 13 6.5 0 15.4 998 0 0 0 0 0 0 0

Current vs. Prev Month Nov

% Change

Dec

Jan

% Change

For Sale

61.5%

Sold

100%

N/A

Pended

-75%

-50%

Avg. Sq. Ft. Price ($)

343.7

325.9

5.5%

343.7

N/A

Months of Inventory (Closed Sales)

10.5

-50%

10.5

-19.2%

Feb 8 1 2 8 4 12.5 25 1,035 735 394 101 101 161 161 735

Number of Residences on the Market For Sale Sold Pended

Current vs. 12 Months Ago

Dec

Mar 11 1 0 11 11 9.1 0 988 948 342 102 102 76 76 948

Apr 18 1 3 18 6 5.6 16.7 1,120 734 216 100 109 0 0 735

May 21 3 4 7 5.3 14.3 19 1,014 1,152 380 94 95 34 34 1357

Jun 21 1 4 21 5.3 4.8 19 1,037 810 324 91 91 306 306 810

Jul 22 2 1 11 22 9.1 4.5 1,093 790 373 94 93 135 135 790

Aug 23 2 7 11.5 3.3 8.7 30.4 1,071 817 318 100 104 41 41 817

Sep 24 2 0 12 24 8.3 0 1,097 802 268 98 98 3 24 803

Oct 22 0 3 22 7.3 0 13.6 1,023 0 0 0 0 0 0 0

Nov 21 1 4 21 5.3 4.8 19 1,025 850 326 98 92 423 423 850

Dec 21 2 1 10.5 21 9.5 4.8 1,108 847 344 100 101 251 251 848

Months of Inventory (Closed Sales) 21

JANUARY

8 FEBRUARY

MARCH

11 11.5

7 APRIL

MAY

Average Price Per Square Foot ($)

*All data on this page courtesy of Trendgraphix, 1/1/2014-12/31/2014.

JUNE

JULY

AUGUST

SEPTEMBER

10.5

OCTOBER

NOVEMBER

DECEMBER

LUXURY HIGH-RISE ACTIVITY & ANALYSIS

THE ATLANTIC 270 17th St. NW | Atlanta, GA 30363

BUILT IN 2009 A testament to modern-day Art Deco glamour, The Atlantic offers luxury residences with breathtaking designs and brilliant views right in the heart of the city. There are over 50 floor plan options - something suitable for even the most discerning buyer.

Active Listings

Unit

List Date

Sq. Ft.

Orig. List $

List $

$/SF

4305

11/19/14

1,964

660,900

662,900

337.53

4307

11/19/14

2.5

1,721

607,900

613,900

356.71

903

8/28/14

2.5

1,828

535,000

524,999

287.2

2013

11/19/14

2.5

1,535

443,900

448,900

292.44

901

12/1/14

2.5

1,535

425,000

276.87

There were five active listings at the close of 2014, with prices ranging from $276/SF to $356/SF, with higher prices reserved for units on higher floors.

Rentals

Unit

List Date

Sq. Ft.

Orig. List $

Rental $

$/SF

N/A

11/7/14

N/A

3,795

4,995

N/A

1410

12/27/14

2.5

1,728

3,500

2.03

N/A

11/7/14

1.5

N/A

3,795

3,295

N/A

12/3/14

2.5

N/A

3,295

N/A

Four rentals were available at the close of the year, ranging from $3,295-$4,995/mo., with variances dependend on number of bedrooms, views and finishes.

Pended Sales

Unit

List Date

Sq. Ft.

Orig. List $

List $

$/SF

2001

11/19/14

2.5

1,535

455,000

296.42

1812

6/30/14

2.5

1,369

365,900

267.28

1906

10/14/14

1.5

1,049

295,900

282.08

1808

11/19/14

1.5

1,132

294,900

260.51

A narrow range for average prices per square foot, from $260-$296/SF, was the approximate going rate for units those currently under contract.

Closed Sales

Unit

Closed Date

Sq. Ft.

Orig. List $

List $

Sold $

SP/OLP %

Days/Mkt

$/SF

4601

5/14/14

2.5

2,955

1,400,000

1,357,260

96.9%

459.31

4303

12/16/14

1,964

674,900

681,535

675,500

100.1%

343.94

4103

12/31/14

2,033

642,000

642,400

100.1%

315.99

4304

10/31/14

1,944

586,900

572,900

97.6%

189

294.7

4208

12/3/14

1,902

545,000

100.0%

286.54

2003

10/1/14

2.5

1,828

485,900

485,625

99.9%

265.66

1603

12/31/14

2.5

1,828

479,900

486,000

101.3%

265.86

803

10/24/14

2.5

1,828

440,900

452,900

102.7%

189

247.76

1604

8/29/14

2.5

1,744

417,900

408,500

97.8%

234.23

702

5/14/14

2.5

1,369

357,900

346,900

96.9%

253.4

502

11/19/14

2.5

1,377

356,125

100.0%

258.62

2012

5/20/14

2.5

1,369

346,900

338,000

97.4%

246.9

1512

5/7/14

2.5

1,369

337,900

329,000

97.4%

240.32

2006

9/5/14

1.5

1,049

287,900

275,000

95.5%

211

262.15

607

3/28/14

1.5

1,244

275,000

245,000

89.1%

196.95

1707

10/22/14

1.5

1,244

275,000

100.0%

221.06

608

6/18/14

1,132

415,508

252,900

60.9%

223.41

708

6/25/14

1,132

252,900

100.0%

223.41

1106

10/31/14

1,049

250,000

246,000

98.4%

234.51

606

8/29/14

1.5

1,049

249,999

235,000

239,000

95.6%

227.84

There were 20 units that closed during 2014 at The Atlantic, with average prices per square foot ranging from $196-$459/SF, although most units tend to sell between $220-$300/SF. Units sold are quite spacious, with the smallest residences offering more than 1,000 SF of living space. Be prepared to pay at or close to the asking price, even more in some cases - most units sold between 96-101% of their asking price.

*All data on this page courtesy of FMLS, 1/1/2014-12/31/2014.

SOVEREIGN BUCKHEAD 3344 Peachtree Rd | Atlanta, GA 30326

BUILT IN 2008 With only 82 luxury residences, Sovereign units start on the 28th floor. Owners enjoy a 28th-floor skyline pool and spa, floor-to-ceiling windows with outstanding views, membership to the Buckhead Club and an extensive art collection procured for homeowners.

Active Listings

Unit

List Date

Sq. Ft.

Orig. List $

List $

$/SF

4702

3/19/14

3.5

3,119

3,750,000

3,600,000

1154.21

3601

12/1/14

2.5

3,168

2,675,000

844.38

3302

8/11/14

2.5

2,895

1,610,000

1,625,000

561.31

3202

12/22/14

2.5

2,888

1,615,000

559.21

3002

2/14/14

2.5

2,882

1,595,000

553.44

3603

2/14/14

2,621

1,430,000

545.59

3105

11/19/14

2.5

2,104

1,370,000

651.14

3205

2/22/14

2.5

2,115

1,399,900

1,300,000

614.66

Active listings at Sovereign range in price from approximately $550/sq. ft., with Unit 4702 asking more than $1,150/sq. ft. Prices generally tend to vary based on size, views, and even finishes.

Closed Sales

Unit

Closed Date

Sq. Ft.

Orig. List $

List $

Sold $

SP/OLP %

Days/Mkt

$/SF

4301

6/27/14

3.2

3,825

2,695,000

2,635,000

97.77

688.89

4104

11/20/14

2.5

2,983

1,795,000

1,600,000

89.1

536.37

3704

7/14/14

2.5

2,927

1,775,000

1,825,000

102.82

137

623.5

3804

8/7/14

2.5

2,939

1,760,000

1,755,000

99.72

143

597.14

3602

1/30/14

2.5

3,099

1,715,000

100

553.4

3604

6/3/14

2.5

2,916

1,635,000

100

560.7

3502

9/22/14

2.5

2,908

1,570,000

1,600,000

101.91

183

550.21

3102

6/16/14

2.5

2,886

1,550,000

100

537.08

4003

10/23/14

2,500

1,470,000

1,425,000

96.9

210

570

3501

6/2/14

2.5

2,452

1,450,000

100

591.35

3703

9/19/14

2,471

1,445,000

1,400,000

96.89

181

566.57

3803

8/7/14

2,482

1,395,000

1,300,000

93.19

562.04

4103

11/20/14

2,513

1,395,000

1,300,000

93.2

517.31

3203

11/19/14

1,662

959,000

100

577.02

This past year was a strong one at Sovereign. 14 residences sold, with several selling for near or even above asking price, indicating that units were quite sought after here. Of the 14 units that sold, six were on the market for 9 days or less. Exclusively Marketed & Sold by Atlanta Fine Homes Sothebyâ&#x20AC;&#x2122;s International Realty. *All data on this page courtesy of FMLS, 1/1/2014-12/31/2014.

10 TERMINUS PLACE 3325 Piedmont Rd NE | Atlanta, GA 30305

BUILT IN 2008 10 Terminus Place is located near the intersection of two of Atlantaâ&#x20AC;&#x2122;s largest streets: Peachtree and Piedmont Roads. Located directly above several upscale dining and shopping establishments, Terminus boasts 137 residences ranging in size from studios to three-bedroom homes.

Active Listings

Unit

List Date

Sq. Ft.

Orig. List $

List $

$/SF

1608

10/27/14

928

339,900

366.27

There is only one active listing at Terminus at the close of the year, an indication of the desirability of units, with 18 units having closed in the past year.

Pended Sales

Unit

List Date

Sq. Ft.

Orig. List $

List $

$/SF

3005

9/19/14

3.5

2,800

1,090,000

389.28

2901

11/17/14

2,288

899,000

392.92

Interestingly, both residences under contract are separated by only one floor and have list prices with a difference of less than $4/sq. ft.

Closed Sales

Unit

Closed Date

Sq. Ft.

Orig. List $

List $

Sold $

SP/OLP

Days/Mkt

$/SF

3201

3/31/14

3.5

4,595

2,750,000

2,250,000

81.82

489.66

3101

10/15/14

3.5

4,325

2,125,000

1,800,000

84.7

416.18

3002

8/27/14

3.5

2,762

995,000

928,500

93.32

336.17

2505

8/8/14

2,731

1,050,000

995,000

94.76

364.34

1706

11/21/14

2748

985,000

970,000

950,000

96.4

227

345.71

1402

6/19/14

3.5

2,763

785,000

767,000

97.71

278

2408

9/30/14

1,554

650,000

480,000

73.85

308.88

2003

6/19/14

1,932

595,000

568,000

95.46

294

2508

6/20/14

1,554

489,900

480,000

97.98

308.88

1705

5/9/14

1,568

509,900

475,000

465,000

91.19

296.56

2707

5/6/14

1,262

425,000

100

336.77

2407

5/23/14

1,262

410,000

100

324.88

2706

11/7/14

930

375,000

336,000

89.6

361.29

2403

8/4/14

1,120

364,900

349,900

328,400

296.43

1804

10/17/14

1,120

349,900

360,000

102.9

321.43

1909

7/29/14

944

349,900

339,000

332,000

94.88

347.99

1707

11/7/14

930

339,000

325,000

95.9

349.46

2506

2/28/14

930

330,000

328,500

99.5

353.23

1509

8/21/14

944

330,000

328,500

99.55

307.2

19 residences sold at Terminus in 2014 for an average of over 1.5 units per month. Buyers might have a tough time getting a seller to budge on the sales price. With so much demand, sales prices generally tended to stay quite close to the asking price.

Rentals

Unit

List Date

Sq. Ft.

Orig. List $

List $

$/SF

2608

11/3/14

1,554

3,850

2.48

1710

12/19/14

930

2,380

2.56

Two rentals came on the market in November in December, with asking prices around $2.50/sq. ft. for each property. *All data on this page courtesy of FMLS, 1/1/2014-12/31/2014.

1010 MIDTOWN 1080 Peachtree St. NE | Atlanta, GA 30309

BUILT IN 2008 Located in the heart of Midtown, 1010 Midtown soars 35 stories into the air and features 425 residences. Amenities at 1010 include a state-of-theart fitness center, resident clubroom, pool, tennis court and more. For a day or night out on the town, the building is within walking distance of the neighborhoodâ&#x20AC;&#x2122;s many shops and restaurants.

Active Listings

Unit

List Date

Sq. Ft.

Orig. List $

List $

$/SF

910

12/12/14

1,397

559,900

400.79

2704

12/17/14

1,358

539,900

524,900

386.52

2213

12/17/14

1,145

485,000

423.58

2801

12/26/14

866

319,500

368.94

2001

11/1/14

866

319,000

298,900

345.15

1506

11/13/14

818

298,000

364.3

1208

12/1/14

805

297,800

369.94

1408

12/18/14

805

295,000

366.46

1316

7/11/14

879

270,000

268,000

304.89

There were nine active listings at yearâ&#x20AC;&#x2122;s end, with eight listings hitting the market in November or later, which indicates that residences tend to sell quickly at 1010 Midtown.

Pended Sales Rentals

Unit

List Date

Sq. Ft.

Orig. List $

List $

$/SF

709

11/13/14

1,931

800,000

414.29

1102

11/5/14

1,386

540,000

389.61

Unit

List Date

Sq. Ft.

Orig. List $

List $

$/SF

1113

11/20/14

866

2,800

3.23

2001

11/12/14

866

2,500

2,295

2.65

1001

12/19/14

866

2,250

2,150

2.48

There are three one-bedroom units available for rent, ranging from $2,150-$2,800/mo., with prices varying due to views and floor level.

Closed Sales

Unit

Closed Date

Sq. Ft.

Orig. List $

List $

Sold $

SP/OLP %

Days/Mkt

$/SF

707

9/30/14

1,677

675,000

99.26

402.50

1411

5/23/14

2.5

1,563

600,000

590,000

98.33

377.48

2502

9/15/14

1,386

579,900

565,000

97.43

407.65

1210

9/10/14

1,397

579,000

565,000

97.43

404.44

3102

4/7/14

1,386

569,900

555,000

97.39

400.43

1702

7/15/14

1,386

569,500

560,000

98.33

404.04

809

6/18/14

1,398

574,900

559,900

555,000

96.54

115

397

1209

6/27/14

1,398

549,900

548,900

99.82

391.99

3009

5/2/14

1,398

539,900

539,000

99.83

385.55

1503

4/30/14

2.5

1,505

539,900

527,450

97.69

350.47

1109

4/30/14

1,398

525,000

518,000

98.67

370.53

1410

5/16/14

1,397

524,900

525,000

100.02

375.81

2604

6/6/14

1,358

524,500

505,000

96.28

371.87

2915

8/7/14

1,271

524,900

499,900

485,000

92.40

381.59

1312

9/17/14

1,196

450,000

430,000

95.56

359.53

1112

5/6/14

1,196

429,900

416,000

96.77

347.82

804

9/30/14

1,213

419,900

399,000

390,000

92.88

104

321.52

2607

8/20/14

872

304,900

296,000

97.08

339.45

1816

8/11/14

879

299,000

280,000

93.65

318.54

2808

4/11/14

805

298,000

294,500

98.83

365.84

1616

5/15/14

879

292,000

100

332.20

1307

4/11/14

872

279,900

272,500

97.36

312.50

915

6/26/14

864

279,900

270,000

95.78

312.50

1613

9/26/14

789

279,000

272,000

97.49

344.74

1608

9/22/14

805

277,000

275,000

96.49

341.61

808

7/1/14

806

275,000

267,000

97.09

331.27

1615

5/7/14

864

270,000

272,500

100.93

315.39

1010 Midtown was one of the most active buildings in the area. Although quite sizable with 425 residences, units can sell quite quickly. 15 residences sold in 10 days or less on the market. Buyers should be prepared to pay at or near what sellers are asking for. Many residences sold for at or near asking price. *All data on this page courtesy of FMLS, 1/1/2014-12/31/2014.

ST. REGIS ATLANTA 88 West Paces Ferry Road NW Atlanta, GA 30305

BUILT IN 2009 The St. Regis Residences in Buckhead features 151 luxuriously appointed guest rooms and suites, 53 branded St. Regis Residences, Georgiaâ&#x20AC;&#x2122;s first RemĂ¨de Spa, a 40,000-square-foot pool piazza, more than 16,800 square feet of indoor and outdoor event space, a top-of-the-line fitness center and much more. Residences for sale at the St. Regis had the highest prices per square foot of any building analyzed within this report.

Active Listings

Unit

List Date

Sq. Ft.

Orig. List $

List $

$/SF

SP/OLP %

Days/Mkt

$/SF

1640

8/25/14

3,264

2,448,000

100

750

2010

7/28/14

4,132

3,800,000

919.65

97.22

492.68

2140

7/28/14

4,132

3,130,000

757.50

97.22

492.68

1710

7/28/14

4,132

3,100,000

750.24

97.22

492.68

1410

7/28/14

3,583

3,000,000

837.29

97.22

492.68

2210

7/28/14

3,264

2,590,000

793.50

97.22

492.68

Residences at St. Regis has earned its moniker as one of the premier places to live in all of Atlanta. In fact, there are only six current active listings in the building, ranging in price from $2,590,000 to $5,600,000.

Closed Sales

Unit

Closed Date

Sq. Ft.

Orig. List $

List $

Sold $

SP/ OLP %

Days/ Mkt

$/SF

1640

8/25/14

3,264

2,448,000

100

750

1420

12/8/14

3.5

4,132

3,570,000

3,470,880

97.2

366

840

1540

12/30/14

3.5

3,583

3,200,000

3,050,000

95.3

403

851.24

Two major sales closed in December at $840 and $851/SF, closing out a strong year at the St. Regis.

*All data on this page courtesy of FMLS, 1/1/2014-12/31/2014.

RITZ-CARLTON RESIDENCES 3630 Peachtree Rd NE | Atlanta, GA 30326

BUILT IN 2010 The Ritz-Carlton Residences Buckhead is located on Peachtree Road, easily Atlantaâ&#x20AC;&#x2122;s most famous and recognizable street. Owners enjoy 24-hour concierge services as well as porter service, valet parking and stunning amenity spaces, and have access to in-home spa services, on-site restaurants, and a host of other amenities to complement your lifestyle.

Closed Sales

Unit

Closed Date

Sq. Ft.

Orig. List $

List $

Sold $

SP/OLP %

Days/Mkt

$/SF

3203

3/28/14

4.5

2,699

2,375,000

2,341,600

98.59

867.58

3107

9/15/14

3.5

2,792

1,685,000

1,605,000

95.25

574.86

2607

6/20/14

3.5

2,792

1,350,000

100

483.52

3202

6/16/14

2.5

1,776

900,000

875,000

97.22

492.68

2706

5/30/14

1.5

1,316

589,000

570,000

96.77

433.13

Five residences sold throughout the course of the year, with no single unit taking more than 83 days to close from the date listed.

Rentals

Unit

List Date

Sq. Ft.

Orig. List $

Rental $

$/SF

2008

8/1/14

1.5

1,351

6,350

4.70

If youâ&#x20AC;&#x2122;re looking to purchase at the Ritz, be prepared to wait. At the close of 2014 there were no active sales, with only one under contract for sale at yearâ&#x20AC;&#x2122;s end.

*All data on this page courtesy of FMLS, 1/1/2014-12/31/2014.

THE RESIDENCES AT MANDARIN ORIENTAL, ATLANTA 3376 Peachtree Road NE | Atlanta, GA 30326

BUILT IN 2014 Located in Atlantaâ&#x20AC;&#x2122;s uptown Buckhead district, The Residences at Mandarin Oriental, Atlanta is within walking distance to world-class shopping at Lenox Square Mall and Phipps Plaza and some of the finest dining establishments in the city. Occupying floors 25 to 42 of the building, most floors at the Mandarin only feature only 1-2 residences per floor, putting privacy at a premium.

Active Listings

Unit

List Date

Sq. Ft.

Orig. List $

List $

$/SF

1/21/14

3.5

5,191

2,399,000

3,775,000

727.22

36B

5/14/14

3.5

3,497

2,499,000

714.61

43A

1/21/14

3.5

3,180

2,122,000

2,150,000

676.1

47B

12/29/14

3.5

3,219

1,660,000

515.69

The Residences Mandarin Oriental fit a niche market in Atlanta, with only 4 units for sale ranging from $1.6 million and up.

Closed Sales

Unit

Closed Date

Sq. Ft.

Orig. List $

List $

Sold $

SP/OLP %

Days/Mkt

$/SF

44B

5/30/14

3.5

3,541

2,430,000

100

686.25

40B

9/30/14

3.5

3,541

2,400,000

100

677.77

43B

12/3/14

3.5

3,541

2,550,000

100

720.14

39B

11/5/14

3.5

3,497

2,475,000

100

707.75

Only four units closed in 2014, with each residence receiving 100% of the asking price. Three of the four units sold in 11 days or less.

*All data on this page courtesy of FMLS, 1/1/2014-12/31/2014.

SEVENTH MIDTOWN 867 Peachtree St. NE | Atlanta, GA 30308 UNDER CONSTRUCTION

Seventh Midtown is a boutique residential building in the heart of Midtown, consisting of only 20 residences, including two penthouses on the top floor. With only 2-3 residences per floor, this nine-story condominium will have a very intimate feel. All units will have large terraces, designer finishes and much more. Upon completion in 2015, the building will boast a Starbucks in the lobby and additional retail space.

Active Listings

Unit

List Date

Sq. Ft.

Orig. List $

List $

$/SF

701

5/22/14

2,874

1,519,900

1,569,000

545.93

602

4/29/14

2,710

1,329,900

490.74

202

4/29/14

2,340

889,900

899,900

384.57

203

4/29/14

2.5

2,092

789,900

377.58

201

4/29/14

2.5

1,805

739,900

409.92

Available units range in size from 1,805 to 2,874 sq. ft., and prices vary accordingly. Higher levels and larger units command the higher prices at Seventh.

Pended Sales

Unit

List Date

Sq. Ft.

Orig. List $

List $

$/SF

PH1

7/23/14

2,874

1,689,900

588

PH2

8/6/14

2,710

1,549,900

571.92

601

4/29/14

2,874

1,449,900

504.49

502

7/25/14

n/a

989,900

n/a

402

8/6/14

2,340

905,900

387.14

503

8/6/14

2.5

2,092

804,900

384.75

With only 21 units in the building, availability is limited. There are six units under contract for sale, including both penthouses. Of the units under contract, prices vary from $384/sq. ft. up to $588/sq. ft. Exclusively Marketed & Sold by Atlanta Fine Homes Sothebyâ&#x20AC;&#x2122;s International Realty. *All data on this page courtesy of FMLS, 1/1/2014-12/31/2014.

ONE MUSEUM PLACE 1301 Peachtree Street NE | Atlanta, GA 30309 CURRENTLY IN PRE-SALE

One Museum Place is a refined collection of 45 residences in Atlanta’s premiere location, directly across from the High Museum of Art. Owners are destined to experience unprecedented luxury as each impeccable home design is focused on delivering comfort and livability. Additional amenities include an owner’s lounge with private conditioned beverage storage, as well as a fitness center with yoga and aerobics room, massage room, and juice bar

Active Listings

Unit

List Date

Sq. Ft.

Orig. List $

List $

$/SF

5L-M

N/A

4.5

5,061

3,699,000

730

N/A

3,310

2,151,500

650

N/A

3.5

2,747

1,716,875

625

N/A

2.5

2,493

1,593,195

615

N/A

2.5

2,035

979,000

481

Exclusively Marketed & Sold by Atlanta Fine Homes Sotheby’s International Realty. *All data on this page courtesy of FMLS, 1/1/2014-12/31/2014.

GET TO KNOW THE TEAM Anne Schwall has specialized in new construction sales since 2004. Since 2009, she has led the SkyRise/New Homes Group and successfully managed over $300 million is residential listings, with an average of over $50 million in sales a year. Anne provides strong leadership and support to the SkyRise/NewHomes Group on-site sales teams, as well as to luxury home and condo developers in the Atlanta area. Anne’s on-site sales and management skills were fine-tuned as Vice President of Novare Realty, the exclusive listing company of Novare Group’s condominium developments. While at Novare Realty, she led sales programs for all of Novare Group’s Atlanta developments. Before making the transition into sales management, Anne experienced great success as an on-site agent selling high-rise condominiums. Her passion for sales led to her recognition as a top 20 producer by the Atlanta Board of REALTORS® in 2006, with more than $17 million in sales. In 2007 she entered the top 5% with $20 million in sales. In December 2007, Anne was recognized as Broker/Agent magazine’s Agent of the Month and named to the Top 100 Agents by Communities magazine. Before becoming a REALTOR®, Anne pursued a leadership career in education and was a teacher and elementary school assistant principal for 13 years. She earned her BS degree from Vanderbilt University and Masters’ Degrees from Emory University and Georgia State University.

ANNE SCHWALL Vice President Email: anneschwall@atlantafinehomes.com Cell: 404.569.6161 Direct: 866.919.3607 Office: 770.442.7300

SkyRise GROUP

Atlanta Fine Homes

BURMA WELLER Sovereign Buckhead and One Museum Place Email: burma@atlantafinehomes.com Cell: 404.735.6666 Direct: 404.874.0300

KEVIN MCBRIDE Sovereign Buckhead and One Museum Place Email: kevinmcbride@atlantafinehomes.com Cell: 404.626.6884 Direct: 404.874.0300

DEBRA DENT Developer Liaison Email: debra@atlantafinehomes.com Cell: 678.521.2286 Direct: 770.442.7300

BEDEL THOMĂ&#x2030; Seventh Midtown Email: bedel@atlantafinehomes.com Cell: 404.213.8035 Direct: 404.237.5000

JUDIE MATTIE The Aberdeen Email: judiemattie@atlantafinehomes.com Cell: 404.771.5194 Direct: 404.237.5000

Ready to discuss your next move in Atlanta’s luxury real estate market?

SkyRise GROUP

Buckhead Office: 404.237.5000

Atlanta Fine Homes

SkyRiseGroupATL.com North Atlanta Office: 770.442.7300

Intown Office: 404.874.0300

©MMXIV Sotheby’s International Realty Affiliates LLC. A Realogy Company. All Rights Reserved. Sotheby’s International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. An Equal Opportunity Company. Equal Housing Opportunity. All data contained herein provided courtesy of Trendgraphix and FMLS, 01/01/2014 - 12/31/2014. © 2015 Atlanta Fine Homes, LLC