29 Million Dollar Condo Sales In Downtown Seattle, 47 In 2012

  So far this year, there have been 29 condo sales over a $1,000,000 in the Downtown Seattle condo market. They range from $1,020,000 to $6,200,000.  The smallest unit was 1,329 square feet and the largest was a 5,170 square foot penthouse at Escala. In 2012 there were 47 condo sales over a million. Significant increase? I'll let you decide - I've included the averages from last year, comparing them to this year (YTD). 2013 - through 6/19 Average sf - 1,986 Average sale … [Continue Reading]

Madison Tower #1900

Multiple Offers For Seattle Condos? Yes.

I had someone reach out to me today to ask if I was seeing multiple offers in the condo market?  My quick response was, YES. I've had a few of my sellers experience this and I also dug up some other examples that may have seen multiple bids as well. Its pretty amazing to see how high they are selling over list price. DOWNTOWN SEATTLE The Parc | Unit #523 1 bedroom - 887sf Asking price - $235,000 Selling price - $263,500 The Cosmopolitan | Unit #3304 1 bedroom - 1,093sf Asking … [Continue Reading]

Cosmopolitan_3304

Lawsuit at Molser Lofts Officially Released (Dismissed)

The lawsuit at Mosler Lofts has been officially released as of Friday June 7th. We already told you about the settlement, but the dismissal is super important. It is great news for owners and buyers alike. Owners that have been anxious to sell now have an official document (see below) that they can provide to prospective buyers. This is crucial because lenders need documentation certifying the release in order to approve buyers for financing. This is a significant milestone in the effort of … [Continue Reading]

Mosler_Lofts_Lawsuit_Dismissed_web

Just Sold, One Bedroom At Brix (Capitol Hill)

JUST SOLD THE BRIX | Capitol Hill 530 Broadway Ave E #510| MLS #480729 $285,000 1 bed | 1 bath Capitol Hill Sold in just 10 days on the market - building currently in an active lawsuit (no financing). Finding a buyer was both a challenge and a major reward for our seller. Live Urban at Brix. 5th floor 1 bed, 1 bath with views! Quality finishes including hardwood floors, island kitchen, high-end appliances, slab granite & luxury finishes throughout. Big windows allow tons of … [Continue Reading]

24955_10_1

Stunning 2 Bedroom At Madison Tower

New listing at Madison Tower - Unit #1900. It's listed by a contact of mine and it's quite obvious that the owner (original) took great care of the unit. It has a collection of upgrades including, motorized blinds, hardwoods and a upgraded appliance package. It happens to be the neighboring unit of a condo we sold in the building back in December. Madison Tower is a great building. It's a condotel, sharing 14 floors with Hotel 1000. The private residences including unit #1900 are … [Continue Reading]

Madison Tower #1900

Washington Square Condo Views May Change

  The views at Washington Square condos may change soon. According to PSBJ, Trammell Crow has entered into contract to purchase an acre of property at 833 108th Ave NE. Their plans are to build a 19 story office tower. According to the article: Liz Stead, a land-use planner with the city, said that Trammell Crow submitted a pre-application to build a 240-foot-tall office building on the site, where zoning allows construction up to 250 feet tall. Stay tuned for more details. [photo … [Continue Reading]

trammell-crow-bellevue-office-600

Only Six Available 2 Bedroom Condos In Downtown Seattle (Under $500,000)

I just ran a quick search for 2 bedroom condos in Downtown Seattle. Under $500,000, there are only (6) 2 bedroom units available.  I've included each of them for your review: Tobira Condos (Near City Hall) 108 5th Ave S #702, Seattle 98104 Asking price - $295,000   Belltown Court 2415 2nd Ave #542, Seattle 98121 Asking price - $339,950 Harbor Heights 2621 2nd Ave #404, Seattle 98121 Asking price - $365,000   98 Union Condos 98 Union #503 Seattle … [Continue Reading]

Tobira_702

Mosler Lofts Lawsuit Settled $8.5M, Homeowners Meeting

An owner at Mosler sent us the release below and gave us the green-light to share some details surrounding the settlement. Truth be told, I attended the homeowners meeting last week when the settlement was announced. I enjoyed sitting in on the meeting and hearing the good news from the homeowners perspective. Mosler's legal council, over 30 owners and even the developer (Schuster) were in attendance. The meeting agenda was thoughtful and thorough. I thought Mosler's legal team did a fair … [Continue Reading]

Mosler Lofts: the new standard in urban style, with a connection

Live-Work Loft With Exposed Brick, Big Windows

[Picture c/o Findwell] This new listing caught my eye this morning. It's located at 81 Vine in Belltown. There are a lot of things to like if your a loft lover - exposed brick, steel and big windows with architectural ties to its 1914 built past. Listed at $370,000 the one bedroom has a lofted sleeping space with an additional 110sf. Likely worth a look if you ask me. If you end up seeing it, report back. See more listing details here … [Continue Reading]

81 Vine - #308

Just Sold, 1 Bedroom Corner Unit At Ruby

JUST SOLD Eastlake Living At Ruby Condos 2960 Eastlake Ave #302, Seattle Asking Price | $324,999 Sold Price | $325,000 1 bed | 1 bath Eastlake Successfully negotiated a full price offer for my seller in less than 30 days Incredible top-floor, NW facing corner unit w/wrap-around views of Lake Union, the Olympic Mountains, Ship Canal Bridge & Queen Anne Hill. Built in 2008, this 934sf unit offers a gourmet island kitchen w/gas cooktop, slab granite counters, walnut hardwoods, stylish … [Continue Reading]

24365_8_2

Breaking News – Construction Defect Settlement At Mosler Lofts

Breaking news coming from the homeowners meeting at Mosler Lofts. Out of respect to the board, the owners and their legal council, we will withhold detailed information until they have an opportunity to press release. What we can say is that a settlement has been reached which is GREAT for homeowners at Mosler and buyers in the city that hope to finance at the coveted 2007 built condo project. We will be following up soon with more details. … [Continue Reading]

Mosler_Settlement

Full Price or Above Asking For Seattle 1 Bedrooms?

Had a question from a reader this week about how often condos are selling for full price or above the asking price. I pulled the last 30 days of sales in the downtown Seattle market and this is what I came up with. In the $500,000 price point ($500,000 or less): There were 23 sales of 1 bedroom units - of those 23 recorded sales 13 or %50 of them were sold at full price or above asking price.   … [Continue Reading]

24775_5_1

Windermere Real Estate/East, Inc.
3933 Lake Washington Blvd NE #100 Kirkland Wa 98033
www.UrbanCondoSpaces.com
Seek. Live. Urban.