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34 Condos Priced Over $1M In Downtown Bellevue

There are currently 34 condos priced over a $1,000,000 in Downtown Bellevue – compared to just 28 $1M condos in Seattle. These luxury Bellevue condos range in price from $1,000,000 to $3,195,000. From our perspective, it appears that there is some buying opportunity in the $1M-$1.5M range as there are 18 units priced within that […]

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34 Condos Priced Over $1M In Downtown Bellevue

There are currently 34 condos priced over a $1,000,000 in Downtown Bellevue – compared to just 28 $1M condos in Seattle. These luxury Bellevue condos range in price from $1,000,000 to $3,195,000. From our perspective, it appears that there is some buying opportunity in the $1M-$1.5M range as there are 18 units priced within that […]

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Downtown Seattle, 52 Condos Sold In 30 Days, 1.5 Months of Supply

Here are a few numbers to process this week. In the last 30 days there were 52 condos sold in Downtown Seattle. There are only 81 units on the market right now in Downtown. 60 of those units are re-sale, leaving 21 new construction units currently on the MLS. That is 1.5 months of inventory. […]

Luma Condos

Luma Condo Sales Off To A Quick Start

Luma, the new construction condo project located on First Hill is off a quick start. Per a press release last Friday, they have sold $12,000,000 in homes thus far. The first purchase and sale contracts were accepted on June 1st. Out of 169 units, 16 units or more have sold – including 2 penthouse units. […]

Market News & Trends

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34 Condos Priced Over $1M In Downtown Bellevue

There are currently 34 condos priced over a $1,000,000 in Downtown Bellevue – compared to just 28 $1M condos in Seattle. These luxury Bellevue condos range in price from $1,000,000 to $3,195,000. From our perspective, it appears that there is some buying opportunity in the $1M-$1.5M range as there are 18 units priced within that […]

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New Project Watch, 40 Story Towers Planned In Denny Triangle

Here is a project to keep an eye on. The design review proposal is scheduled for June 23 at 7pm*.  The proposal includes 2, 40 story towers and an 11-story podium building. It would total 812 apartments, 170 hotel units and 7,100sf of retail space. There would be 600 parking spaces as well. The location […]

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34 Condos Priced Over $1M In Downtown Bellevue

There are currently 34 condos priced over a $1,000,000 in Downtown Bellevue – compared to just 28 $1M condos in Seattle. These luxury Bellevue condos range in price from $1,000,000 to $3,195,000. From our perspective, it appears that there is some buying opportunity in the $1M-$1.5M range as there are 18 units priced within that […]

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Seattle Penthouse Sells In Less Than 48 Hours, South Lake Union

Check out this South Lake Union penthouse that just sold in less than 48 hours (our team sold it!). It had 2 offers and went to an all cash buyer for $1,400,000 just 36 hours after hitting the market. It has 2 bedrooms, 2 bathrooms and a large den. Featuring $100,000 in upgrades including Lutron […]

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New Project Watch, 40 Story Towers Planned In Denny Triangle

Here is a project to keep an eye on. The design review proposal is scheduled for June 23 at 7pm*.  The proposal includes 2, 40 story towers and an 11-story podium building. It would total 812 apartments, 170 hotel units and 7,100sf of retail space. There would be 600 parking spaces as well. The location […]

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Downtown Seattle, 52 Condos Sold In 30 Days, 1.5 Months of Supply

Here are a few numbers to process this week. In the last 30 days there were 52 condos sold in Downtown Seattle. There are only 81 units on the market right now in Downtown. 60 of those units are re-sale, leaving 21 new construction units currently on the MLS. That is 1.5 months of inventory. […]

Luma Condos

Luma Condo Sales Off To A Quick Start

Luma, the new construction condo project located on First Hill is off a quick start. Per a press release last Friday, they have sold $12,000,000 in homes thus far. The first purchase and sale contracts were accepted on June 1st. Out of 169 units, 16 units or more have sold – including 2 penthouse units. […]

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2200 Westlake’s New Neighbor, 2101 9th Breaks Ground

We had a client meeting today at Insignia and while walking through South Lake Union/Denny Triangle, we noticed how quickly the developer is moving on 2200 Westlake’s new neighbor – 2101 9th Ave. The 41 story apartment tower is going to add 430 units to the Denny/Westlake corridor. The new tower located at 9th and […]

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Last 14 Days, 27 Condo Sales In Downtown Seattle

In the last 14 days, there have been 27 condo sales in Downtown Seattle. Approximately half of those have gone for full price or more. Here a few examples of units going for more than their asking price: The Parc – Unit #709 1 bed, 1 bath | 512sf | $644psf Asking price – $325,000 […]

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A Quick Breakdown, Seattle’s Economic Growth

We find ourselves in Downtown Seattle daily. Meeting with condo owners, showing available inventory or just enjoying the city like everyone else. What is fascinating is how quickly our city is growing. We have all heard the headlines about the Expedia move, the potential US headquarters for Alibaba, Facebook expansion and the rapid Amazon growth. […]

Luma Condos

Luma Pricing Released, New Seattle Condo Project

For those of you considering Luma on First Hill, they just released their pricing yesterday. The building is offering a 168 units and they officially go on the market June 1st. The Public offering statement that provides detailed information about the project will be available for review on May 18th. [photos c/o Luma and Weber]

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Last Week In Luxury Seattle Condo Sales

The last 2 weeks have been active for luxury Seattle condos. There were 8 units priced between $1,000,000 and $2.6M that went under contract. We expect this trend to continue. Escala – Unit #1205 2 bed | 2 bath Asking Price – $1,075,000 Days on market – 5 Insignia Towers – Unit #2006N 2 bed […]

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97 Downtown Seattle Condos For Sale, 28 of Them Are New Construction

Yes. You read that correctly. Downtown Seattle has just 97 units for sale – 28 of which are new construction (MLS Data). The available inventory ranges in price, starting at $180,000 all the way to $11,000,000. The new construction picture is pretty simple: 4 units available at Four Seasons 3 units at Escala (All penthouses) […]

210 3rd Ave #4C

Interested In A Seattle Loft, Take A Look

Loft lovers. There are 2 new listings that you might be interested in. Both are in great buildings and the units are definitely worthy of consideration. That is if you like cool architecture, exposed brick, original wood floors and big windows. Enjoy. 210 3rd Ave – The Lofts  Unit #4A – 1,870 sf 1 bed, […]

Great Views

Downtown Seattle Condos Selling Quickly, Over 100% Of Asking Price

In the last 14 days, there were 26 sales in the downtown Seattle condo market. 16 of those 26 sales sold at or above the asking price. To be exact, sellers were receiving over 100% of their asking price on average (100.95%). 14 of the 26 sales sold in less than 10 days. To put […]

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Luxury Seattle Condo Market, Supply Is Limited

In a Seattle condo market limited by a tight supply, the luxury market is especially constrained. Here is a list of the active Seattle condos priced over $2,000,000. There are just 17 units available in a total of  7 buildings. The prices range from $2.3M to $11M (our listing put on last week). Is there […]

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Just Listed, Madison Tower Penthouse, $11,000,000

Ok, we admit, this is shameless self-promotion. We had too though. This is a project we have been working on for months and we are very proud of it. An opportunity to bring to market the most luxurious Seattle condo space in the city. They are the Penthouse units at Madison Tower and there are […]

Built in 1974

Royal Crest

ROYAL CREST Architect: Driscoll Architects Neighborhood: Belltown 2100 3rd Ave, Seattle, Wa 98121 LOCATION Royal Crest is located in the vibrant Belltown neighborhood. SEARCH      BUILDING Royal Crest is a 128-unit, 26-story steel and concrete high-rise condo located in Belltown at 3rd and Lenora. Royal Crest features ground floor retail , parking on the 2nd and 3rd floor […]

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40 Story Twin Tower Design Revealed For Denny Triangle, New Seattle Condo Project?

Another project is coming to the Denny Triangle. Clise Properties and Graphite Design Group presented plans last night to the Seattle Design Review Board. The plans include 2 twin towers with 686 residential units, 21,000 sq. ft. of retail space and 185,000 sq. ft. of office space (parking 860 vehicles). The three design options are […]

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Condos For Sale Down 25% On Capitol Hill

We took at a look at the Belltown condo market last week and thought we would share some interesting notes on Capitol Hill now as well. The statistic that stood out to us the most – were the number of active listings. Year over year, the number of active condos for sale on Captiol Hill […]

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21 Condo Sales In Belltown Last 30 Days, Listings Down 56%

Quick sales update for Belltown. In the last 30 days there have been 21 condos sales ranging from $208,000 to $1,033,000. Owners have been getting nearly 99% of their asking price and the average cost per square foot was $533. According to Zillow, they predict Belltown condo values will increase 7.5% by next year. That […]

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One Bedroom At Escala, $489,000 In 2012, Now $649,000

Interest for one bedroom condos at Escala is at an all time high. In the last 60 days there have been 3 units that come on the market and quickly found buyers. 1509 started this trend with just 5 days on the market. The asking price was $599,000 with a final sales price of $635,000! […]