Popular Seattle Condo Projects Featured In Bloomberg News

Seattle Condos Back In Focus

Bellevue Towers, Escala and Olive 8 are all featured in a Bloomberg News article that posted this evening. The long and short of it is, that condominiums in Seattle and Bellevue are back in focus. I pulled some of the most interesting parts of the article and have posted them below: Lower Pricing Fueling Sales Falling prices and a scarcity of new buildings are helping … [Read more...]

Downtown Seattle Condo Market Shows Improvement, Cristalla Benefits

Cristalla.Ext

The first quarter of 2012 will be very impressive for Seattle condo sales (downtown). I think we are on the cusp of a robust recovery and possibly a sellers market under the $400,000 price point. One building in particular is on fire - The Cristalla. It really shouldn't come as a surprise. Cristalla has a great reputation, a massive following and is often recognized as one … [Read more...]

Just Leased, Mosler Lofts #607

Westerly daytime view

UPDATE We just leased this property in less then 30 days.  Check out our announcement below that goes out to friends, family and colleagues. If you would like to receive these as well, we've added a sign in box below. If you would like to learn more about our condo and home leasing service click here. JUST LEASED 2720 3RD Ave #607, Seattle Mosler Lofts $1,595 1 bed | … [Read more...]

Pioneer Square Loft, Sweet Digs

Exterior

  Pioneer Square hasn't had much love from us these days, so I thought I would post this uber-chic loft that just hit the market.  It was on last year, for $525,000, but its being re-introduced at a new price - $510,000.  It has a super cool interior with exposed brick/steel, an island kitchen with gas, and beam ceilings. For those of you seeking a loft, it appears … [Read more...]

Seattle Condo Rentals Are Luring Investors Back To The Market

1521_View_Deck

It is old news that Seattle rents are rising, but as developers scramble to get new units delivered to the market, condo owners are renting out their units with ease. I've been watching the market activity for rentals and as supply has shrunk, units are getting scooped up quickly. I've provided a list below of recent rentals that have leased in the last 2 weeks. The price per … [Read more...]

Increased Parking Hours and Fees During The Recession Has Hurt Seattle Business…..Duh.

Parking Meters

Mayor Mcginn and the Seattle City Council - I'd hate to tell you that "I told you so", but............... I TOLD YOU SO! Raising parking rates and extending parking hours in certain parts of Downtown Seattle was not just ill-timed, but idiotic. Everyone realizes that the city has budget issues, but during the recession, when the city decided to raise parking rates and extend … [Read more...]

Rental At Mosler Lofts, Hitting The Market This Week

Mosler_Lofts_Seattle

For those of you looking for a rental, I'm going to be bringing on a 1 bedroom unit at Mosler Lofts, towards the end of the week. It has close to 700sf with a nice view of the Space Needle and tons of natural light. It has a spacious layout, over-sized bathroom and a custom closet system left by the seller. The rent will include a parking stall, water, sewer and garbage. … [Read more...]

Amazon To Buy 3 Blocks In The Denny Triangle, Market Mover For Seattle Real Estate

Amazon_Seattle Times

News just broke through the Seattle Times (Eric Pryne) on a groundbreaking real estate purchase in the Denny Triangle. According to the article, Amazon is under contract with Clise Properties to purchase 3 blocks of property along Westlake that will soon become new office space for the local technology giant. Many details have yet to emerge, but in terms of real estate, this … [Read more...]

Bank Owned Seattle Condo, Selling At A 59% Reduction of Last Sale Price

Lumen Exterior

Unit M-247 at Lumen just went pending last week after 5 days on the market.  That might not mean much until you consider its history. It was once listed as high as $549,950 after being  purchased in May of 2007  for $449,900. Fast forward a little over 4 years and that same unit is listed at $185,000.  Wow. The bank took back possession of the unit in August of 2011.  Wells … [Read more...]

Houseboat Sold In Just 1 Day On Market – Pending Sales Update

Houseboat Lake Union

  I'm off to show a few condos this morning (downtown Seattle). Before I go, I thought I would share some of the units that went pending over the last few days. Including the houseboat above that can literally drive away at a moments notice.  Seafair anyone? Escala #809 (1920 4th Ave #809, Seattle) Sold in just 3 days of being on the … [Read more...]

Sanctuary On Capitol Hill Is Off To A Fast Start, 3 Units Pending

316816_3_0

  Sanctuary is off to a fast start.  In just 10 days of market time, they have sold 25 percent of their inventory. See below. Sanctuary is a 12 unit residential conversion of the former 1906 First Church of Christ Scientist in Capitol Hill. The 12 units range from four to six levels (including roof top terraces). Sized from 1,600 to more than 3,000-square-feet. … [Read more...]

Please Like Us On Facebook, We Need Your Support!

FB_PAGE

Ok, every once in a while we ask for your support.  If you are on Facebook  and your not embarrassed to be associated with the blog, please head to our business page and hit "LIKE".  We certainly appreciate the effort and depend on our loyal readers and friends to spread the good word about our business. Thanks for taking a few minutes to support urbancondospaces.com In … [Read more...]

Major Price Reductions At Four Seasons, Current Inventory

Four Seasons Exterior

The residences at Four Seasons in Downtown Seattle just re-introduced 11 units to the market.  It is incredible to see how drastically prices have changed.  I've included a spreadsheet below.  There are 12 active units ranging from $1,475,000 to $7,155,000 (1,170-4,488 sq. ft.). View the Four Seasons Property Profile [simpleviewer gallery_id="48"] [table id=36 /] … [Read more...]

Heat Check – 4 Downtown Seattle Condos That Sold Quickly

HEAT CHECK - SEATTLE CONDOS

  I've spent less time on the blog this week for one reason. I've been busy at my day job! I've had a couple of clients write offers this week and it feels like next week will be the same. It is obvious to me that limited inventory and increasing demand is driving a lot of sales this month. I thought I would show you a few deals that sold quickly in the last 2 … [Read more...]

Bellevue Towers Reaches 50% Sold

Bellevue_Towers_Sold

Congrats to Bellevue Towers on reaching 50% Sold. With 13 sales so far this year, they are off to races. A recovering real estate market is good for all of us. Lets hope all our Seattle and Bellevue projects continue to sell their inventory, while providing great homes for new buyers throughout the year. For more information on this sales milestone, I've included their press … [Read more...]