2022 Mid-Year Update
One thing’s for sure – the year of 2022 has already proven to be another significant period of change and fluctuation in the real estate market. We’re sure most of you would agree with us on that statement. Amidst the shift in housing trends and full array of reactions in tandem, ranging from “the sky is falling” to “we’re just normalizing,” Engel & Völkers Atlanta is proud to say that we’ve taken this period of time to strengthen our ability to eb and flow as needed to better suit our clients and set them apart in the market place no matter what kind of market we reside in. Baring that in mind, we’d say 2022 has been a year of success for our brokerage and our dedicated advisors for many reasons! From brand new project launches and closeouts to tremendous increases in production and record setting sales, we’re here to tell you – the sky is not falling. We are simply entering what we like to call a normalized market, and in any stage of the market, it’s important to have an expert by your side calmly and thoughtfully helping you navigate the twists and turns you are bound to experience to ensure you make it out on top.
As mentioned, this year we have experienced exponential growth for our agents individually and as a company. In Q1 and Q2 alone, Engel & Völkers Atlanta saw a 22% increase in sales volume year-over-year and a 16% increase in homes sold year-over-year..
With our celebratory culture at the forefront of our priorities, we feel this is the perfect opportunity to recognize our Q2 Top Performers for their achievements over the past quarter. Here’s how they performed by the numbers.
2Q22 Closed Sales Volume Individual:
#1 Ken Covers
#2 Leah Robinson-Christian
#3 Ricky Russert
#4 Andy Griffith
#5 Adam Parker
2Q22 Closed Sales Units Individual:
#1 Leah Robinson-Christian
#2 Andy Griffith
#3 Ricky Russert
#4 Johanna Sullivan
#5 Ken Cover
2Q22 Closed Sales Volume Team:
#1 The Robinson Group
#2 The Intown Advisors
#3 The Colony Group
#4 The Babusak Group
2Q22 Closed Sales Units Team:
#1 The Robinson Group
#2 The Intown Advisors
#3 The Babusak Group
#4 The Colony Group
2Q22 New Listings Taken Volume
#1 Ken Covers
#2 LaDana Carter
#4 Andy Griffith
#5 Sheena Johnson
2Q22 New Listings Taken Units
#2 Andy Griffith
#3 LaDana Carter
#4 Ken Covers
#5 Sheena Johnson
BREAKING RECORDS
Susie Proffitt: Record-Breaking price per square foot in Midtown in 2022 — 40 West 12th
Ken Covers: Record-Breaking Sale Price in Pine Hills in 2022 — 1085 Ferncliff Rd NE
David Hollingshead: Highest condo sales price in Midtown in 2022 — 1065 Midtown Loews
Highest Listing Sales Volume in Reynoldstown in 2022 — Madison Yards
DEVELOPER SERVICES APPROACH
In addition to our achievements in the residential market, our Developer Services division accrued over $23M in sales and 47 homes sold in the first half of the year, all the while working diligently to launch our sales and marketing programs at six new construction communities from private residences in West Midtown to Active Adult homes in Acworth.
Seven88 West Midtown – This stellar community rises high in West Midtown offering Studios to three-bedroom residences selling from $300,000 to $1M+. For more information, please visit https://www.788westmidtown.com/.
Cook’s Farm – This captivating community features a collection of ranch homes from the $400,000+. For more information, please visit https://southwyckhomes.com/cooks-farm//
Artisan at Victory – This active adult community debuts 40 new homes designed for main-level living and front porch lounging. For more information on this close-knit community, please visit https://southwyckhomes.com/the-artisan-at-victory/.
Downing Park – This one-of-a-kind community located in the crux of two highly sought-after neighborhoods – Candler Park and Druid Hills, offers newly built residences selling from $1.6M +. For more information, please visit https://owndowningpark.com/.
Cottages at Keeler Woods – Monte Hewett’s newest single family home community featuring a boutique, gated collection of French Country homes, is situated in the lush and vibrant city of Marietta, now selling from the $900,000’s.
For more information, please visit https://ownkeelerwoods.com/.
Interlock by Monte Hewett – These amenity-rich townhomes, in the epicenter of West Midtown, offer refined living from the high $700,000’s. For more information, please visit https://owninterlock.com/.
While working to onboard this exceptional collection of new homes, our team also worked diligently on rounding out our final sales at six other communities across the city.
Enclave at Peachtree Memorial – Situated on a private street in the center of walkable Buckhead are fifty classic condominiums at Enclave at Peachtree Memorial, just steps from the Atlanta Beltline’s Northside Trail. For more information, please visit https://enclaveatlanta.com/.
Plateau West – Nestled in the Loring Heights neighborhood, Plateau West is just minutes away from the Westside’s hottest restaurants and shopping. For more information, please visit https://ownplateauwest.com/.
Madison Yards – Madison Yards is in the heart of the action in Reynoldstown, where culture and accessibility reach their peak. For more information, please visit https://ownmadisonyards.com/.
Avondale East – Located in Avondale Estates, you can find a variety of 3 to 5 bedroom floorplans with carefully curated finish collections at Avondale East. For more information, please visit https://avondaleeast.com/.
Vernon Ormewood – Located in the heart of Ormewood Park, you can find Beltline-adjacent garden homes at Vernon Ormewood nestled between craftsman bungalows and charming Victorian homes synonymous with the area. For more information, please visit https://southwyckhomes.com/vernon-ormewood/.
District Lofts – Perched atop Atlantic Station’s vibrant, diverse, and experiential neighborhood, District Lofts embodies superior modernity, high design, and timeless interiors. Located in sought after West Midtown. For more information, please visit https://owndistrictlofts.com/.
As it pertains to new construction, it’s no surprise that the industry experts who founded the principles and sales model of Real Estate Development Services bode consistent achievements in the division we like to call our bread and butter. As we’ve previously ranked #1 brokerage in the state for new construction townhomes and condominium sales, we take pleasure in carrying this achievement into the third quarter of 2022. With our main office based in South Buckhead / North Midtown, we also take pride in being recognized as the Brokerage with the most amount of new construction sales in the Midtown and Atlantic Station zip codes. It is truly a pleasure serving our nearby neighbors and clients with passion and excellence, and we are grateful to rise to any challenge for the success of both. We’d like to extend a tremendous congratulations for our hard-working onsite advisors for a job well done this year as well. Recognized below are our Q2 Top Performers in each category.
2Q22 Developer Services Closed Sales Volume
#1 Susie Proffitt
#2 Tyler Russell
#3 Mike McLeod
#4 Nat Milburn
2Q22 Developer Services Closed Sales Units
#1 Tyler Russell
#2 Nat Milburn
#3 Susie Proffitt
#4 Mike McLeod
To stay up to do date with the market and all things Engel & Völkers visit www.evatlanta.com
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