I agree with Lee - however a 2/2 at that price, brand new, centrally located to the city, I would consider a good buy.
Make sure you work with a Realtor that is representing you! On-site Agents have the best interest of the Seller or Developer in mind, no matter what other impression they may give you. I had a pair of friends/clients that got taken by an on-site Agent, while I was on my honeymoon. When I got back they had signed a full-price offer, put down $10,000 in earnest money (for a $300k) condo, the contract didn't include an inspection, and they were going to have to pay for all of their appliances. I was out of the country, and the on-site Agent made them believe that if they didn't sign it that day they were going to loose out on this "deal" forever.
That was less than a year ago... in a very down condo market. You have the ability to negotiate on both new constructions and re-sale. Make sure you have a Realtor who is aware of the market and recent sales, the hidden costs, and extra things to ask for, to make your purchase worthwhile.
Good Luck & if you need any guidance don't hesitate to contact me!
Sanctuary Real Estate, Inc.
1031 Juniper Street, NE | Atlanta, GA 30309
T: (404) 888-0833 | F: (404) 888-0863 | M: (404) 323-9976