Elton John's Georgia Properties Fetch Record-Breaking Prices

Elton John's Atlanta home, a lavish condo that served as his American pied-à-terre, has been sold for $7.22 million, 45% above its initial asking price, just weeks after listing. The buyer, a local resident, paid the entire sum in cash. The opulent residence, spanning 13,500 square feet, was created by combining six separate units and offers stunning skyline views. Despite this successful sale, Atlanta's luxury real estate market is showing signs of softening due to rising interest rates.