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Trace-Lofts-Capitol-Hill

Demand For Condos On Capitol Hill Driving Multiple Offers

Check this out – There have been 26 one bedroom condo sales on Capitol Hill since the first of the year ($500,000 or less). Sellers have been getting 100.40% of what they are asking. Translation – multiple offers. Out of the 26 condo sales YTD, 18 sales received full price offers or better. That is an […]

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Trace-Lofts-Capitol-Hill

Demand For Condos On Capitol Hill Driving Multiple Offers

Check this out – There have been 26 one bedroom condo sales on Capitol Hill since the first of the year ($500,000 or less). Sellers have been getting 100.40% of what they are asking. Translation – multiple offers. Out of the 26 condo sales YTD, 18 sales received full price offers or better. That is an […]

1521, Escala and Olive 8

Comparing The Last Three Years, A Look At 1521, Escala and Olive 8

   In the last development cycle, 2005-2009, there were a number or projects built in Downtown Seattle. Lets look at 3 major high-rise towers completed around the same time and take a look at their sales, average price points and the cost per square foot. The 3 towers include 1521, Escala and Olive 8. As […]

Millennium Tower_1

This $8M Penthouse Condo Has Been On The Market For 7 Years

You read this correctly. The top floor penthouse at Millennium Tower has been on the market for nearly 8 years. To be exact, as of today, it has been on the market for 2,826 days. No, seriously – it has. Listed in May of 2007, this 9,876sf space has been looking for an owner since […]

Market News & Trends

Trace-Lofts-Capitol-Hill

Demand For Condos On Capitol Hill Driving Multiple Offers

Check this out – There have been 26 one bedroom condo sales on Capitol Hill since the first of the year ($500,000 or less). Sellers have been getting 100.40% of what they are asking. Translation – multiple offers. Out of the 26 condo sales YTD, 18 sales received full price offers or better. That is an […]

Downtown Seattle Skyline

93 Active Condos In Downtown Seattle, Neighborhood Chart

Condo lovers, we have created a few charts for your review. There are 93 active condo listings in Downtown Seattle. Here are a few of the take-aways: Condos pricing is pretty evenly distributed across the board There are only 27 condos priced under $500K There are 5 active condos in South Lake Union Denny Triangle […]

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Trace-Lofts-Capitol-Hill

Demand For Condos On Capitol Hill Driving Multiple Offers

Check this out – There have been 26 one bedroom condo sales on Capitol Hill since the first of the year ($500,000 or less). Sellers have been getting 100.40% of what they are asking. Translation – multiple offers. Out of the 26 condo sales YTD, 18 sales received full price offers or better. That is an […]

1521, Escala and Olive 8

Comparing The Last Three Years, A Look At 1521, Escala and Olive 8

   In the last development cycle, 2005-2009, there were a number or projects built in Downtown Seattle. Lets look at 3 major high-rise towers completed around the same time and take a look at their sales, average price points and the cost per square foot. The 3 towers include 1521, Escala and Olive 8. As […]

Millennium Tower_1

This $8M Penthouse Condo Has Been On The Market For 7 Years

You read this correctly. The top floor penthouse at Millennium Tower has been on the market for nearly 8 years. To be exact, as of today, it has been on the market for 2,826 days. No, seriously – it has. Listed in May of 2007, this 9,876sf space has been looking for an owner since […]

Downtown Seattle Skyline

93 Active Condos In Downtown Seattle, Neighborhood Chart

Condo lovers, we have created a few charts for your review. There are 93 active condo listings in Downtown Seattle. Here are a few of the take-aways: Condos pricing is pretty evenly distributed across the board There are only 27 condos priced under $500K There are 5 active condos in South Lake Union Denny Triangle […]

NEIGHBORHOOD HISTORY

Olympic Block

Project: The Olympic Block Address: 100 1st Ave S Neighborhood: Pioneer Square Olympic Block in Pioneer Square’s stands taller than most of its neighboring condo projects. Prominently located in the heart of Seattle’s original district, the steel and concrete structure has the iconic Pioneer Square Pergola and Totem Pole right outside of the front entrance. In 1985 the […]

January Downtown Seattle Condo Sales

January Condo Sales and Sales Data Launch, Downtown Seattle

Ok peeps. We are launching a new monthly update for Downtown Seattle condo sales. We will be tracking each month the number of sales in area (701 – Downtown Seattle). We will eventually roll out data for Queen Anne and Capitol Hill as well. For now, feel free to frequent our 2015 sales page that […]

2033 3rd Ave #1600_Rent

Comparing Rents, Seattle Condo or Seattle Apartment

  Lets examine the difference in renting an apartment versus a condo in Seattle. We’ll compare a 2 bedroom at Cristalla and a new construction unit at Premiere on Pine (8th and Pine) If you are in the market for a rental there are a number of different buildings, floor plans, amenity packages and locations. In […]

Ellington Exterior

The Ellington Condos

Project: The Ellington Address: 2801 1st Ave Neighborhood: Belltown SEARCH THE ELLINGTON      BUILDING Built in 2001, The Ellington is a true urban experience located in heart of Seattle’s Belltown neighborhood. The 12 story twin-tower condo project offers quintessential in-city living with an impressive list building amenities: 24 hour concierge, fitness center and spa, community […]

Federal Reserve Building_Seattle

An Elementary School In Downtown Seattle Will Have To Wait

For those of you that missed our post late last week, we highlighted a story involving an auction for the Federal Reserve Building at 2nd and Madison. All in all, there were 8 bidders, driving the price of up to a final number of $16M. Seattle Public Schools confirmed that they bid on the project […]

Screen Shot 2015-02-07 at 12.09.24 PM

New 50 Story Tower That Could Block Views At Escala Condominiums

You may recall that just 2 weeks ago we wrote about 3 new towers that have Escala surrounded. Well, just days after our post, we learned that a 4th tower may be constructed that will have a huge impact on 40% or more of the 31 story 2009 built Escala condominiums. The new site is where […]

Federal Reserve Building_Seattle

An Elementary School May Be Coming to Downtown Seattle (Updated)

**UPDATE – Bidding is now up to $16,000,000 and the bidding date has been extended to tomorrow. ** Take a look at this site. It is the Federal Reserve located at 2nd and Madison and has been vacant since 2008. It is a 65 year old that is being auctioned off as we speak. The […]

12th Man

12th Man Edition, What $1.2M Buys You In Seattle Versus Boston

Ok, 12’ves. Given the Superbowl matchup in the coming days, we are going to honor the Hawks and their fan base with a condo comparison featuring Seattle vs. Boston. We’ll compare condos at or around $1.2M. Seattle Condos – $1,200,000 Budget Escala – 4th and Virginia Check out this 2 bedroom, 2 bath at Escala for […]

Exterior  (2)

Nord

Nord – 312 1st Ave S Neighborhood – Pioneer Square SEARCH THE NORD BUILDING      BUILDING Nord is a quintessential boutique building located in the heart of vibrant Pioneer Square. The low-rise vintage brick building is comprised of only 7 renovated loft-style homes. The renovation and conversion was completed in 2007 by the local development company Pioneer Property […]

Escala_Aerial

Three New Towers Have Escala Surrounded

If you currently live at Escala, don’t panic, but we think you should pay special attention to this post. Here is the current landscape surrounding the 2009 built condo project. (Courtesy of Google Maps). Now lets examine 3 major projects that are projected to built and will surround the luxury condo tower. 1. Permits were […]

Historic Facade

Austin Bell

Austin A. Bell – 2324 1st Ave, Seattle 98121 Neighborhood – Belltown SEARCH AUSTIN BELL     BUILDING Austin A. Bell is a historic Seattle landmark building located on 1st Avenue in the heart of Seattle’s Belltown neighborhood. The original 1889 hotel was almost destroyed by a fire and only the strong brick and Terra cotta […]

Penthouse_Cosmopolitan

Penthouse, Once Listed at $1.5M, Now $985,000

There are 4 units on the top floor of the Cosmopolitan. This penthouse (#3404) is one of them. It was once listed for a much as $1,499,950 in 2007 and recently listed for $1,325,000 in May of 2014. Now on the market for $985,000 0r $548 per square foot, it will be interesting to see […]

Screen Shot 2015-01-15 at 9.11.06 AM

Denny Triangle Has Risen, A Look at Seattle’s Skyline

Is anyone else blow away at how quickly Denny Triangle has changed in the last 2-3 years? According to the DSA, Denny Triangle has experienced a 27% increase in population over the last 5 years. Employment has increased by 18% and restaurants in the neighborhood have increased by 26%. The popular Seattle neighborhood with over […]

Vulcan Apartments

Vulcan To Add Another 420 Aparments to South Lake Union

The explosion of new Seattle apartments will continue. According to the DJC, Vulcan is in early stages for another apartment site at 1255 Harrison St in South Lake Union. It would add 420 apartments, 348 parkings spaces and some ground floor retail. We’ve created a map below to show just a few of the projects that […]

Exterior 2

Jackson Square

Project: Jackson Square Address: 121 South Jackson St BUILDING Jackson Square offers a urban lifestyle within Seattle’s most historic neighborhood. Originally built in 1902, the Jackson Square Building was converted in 2007 to six luxury condominiums, offering the much-admired historic details of the buildings original structure including exposed brick walls and rustic wood beams. The […]

New Project _ 6th and Wall

6th & Wall, Is There Room For Another Luxury Seattle Apartment?

We found something interesting while reviewing new project news this week. The developer of the new apartment building planned at 6th and Wall, had something very fascinating to say in a recent interview. When commenting on the decision to build apartments vs. condos, Paul Menzies the CEO of Laconia Development was quoted in the PSBJ […]