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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. […]

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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) […]

Market News & Trends

IMG_9813

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]

Screen Shot 2015-05-10 at 8.38.31 AM

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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IMG_9813

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]

Screen Shot 2015-05-10 at 8.38.31 AM

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 […]

1_700194_21_1411770263

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 […]

Belltown_Penthouse_Seattle Heights

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 […]

Escala_Blog

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! […]

Bay Vista _ Blog2

Bay Vista

Project: Bay Vista Address: 2821 2nd Ave, Seattle 98121 Neighborhood: Belltown      BUILDING Bay Vista located at Broad and 2nd Avenue was built in 1982. The 24 story structure is located in the North end of Belltown. Bay Vista features 73 units that start on the 7th floor. Building features include a 24 hour concierge, swimming pool, […]

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Tower 12 Apartments Breaking Ground In Downtown Seattle

Tower 12 Apartments, located at 2nd and Virginia is expected to break ground today, according to the PSBJ. We’ve reported on the site a number of times in past. The 34 story tower will include 314 units featuring a wide variety of options including 44 studios, one bedrooms, one bed plus den, 2 bedrooms and […]

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2200 Westlake’s New Neighbor, 40 Story Apartment Tower With 457 Units

Check out South Lake Union’s newest tower in planning. In went in front of the Seattle Design Review Board in February and appears to be headed towards construction. The site is located directly behind Rollin Street Flats near Denny and Westlake. Here is a look at the site courtesy of Google: The 40 story project […]

Penthouse Sales

A Flurry of Seattle Penthouse Condos Going Under Contract

It has been a good couple of weeks if you own a Seattle penthouse condo. There were 5 units that went under contract, leaving just 8 penthouse units on the market in Downtown Seattle. Here are the 5 top floor units that found buyers: Watermark Penthouse – 1107 1st Ave #2001 2 bedrooms | 2.5 […]

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New Seattle Condo Projects Coming Soon

Lets discuss when the next condo project is going to break ground. Our friends over at the PSBJ ran an article last week that caught our attention (This is why Seattle developers are building apartments, not condos). Tom Parsons of Holland Partner Group was quoted in the article saying: “This is a pretty savvy generation […]

February Condo Sales _2015

February Downtown Seattle Condo Sales

The February Downtown Seattle condo stats are in. February posted the same number of sales as January (23). Luxury sales drove the average price per sale up to $767,316 – a 66% change over January. Unit #3802 at Olive 8 (737 Olive) broke $1,000 per foot at $1,008. Another notable sale was a 20th floor […]

9th and Lenora

Designed Approved For 41 Story Apartment At 9th and Lenora

Denny Triangle is getting another high-rise. It will be a 41 story apartment located at 9th and Lenora. It has been in the works now for months – the Developer GID Development group just received design approval from the Seattle Department of Planning and Development (according to the DJC). They are the same group that […]