Multiple Offers Driving Condo Prices Up In Downtown

The Cosmopolitan

Rising condo prices are a much bigger story that I will touch on after the first of the year. In the meantime, did you notice this sale at the Cosmopolitan? Unit #2803 was listed last month for $339,000, it sold in 2 days at a price of $361,500. I'm continuing to see this all over the city. This will continue until we see new inventory. Prices are going up. … [Read more...]

Just Sold, $1,675,000, West Facing View Unit

Madison Tower - #1901

JUST SOLD URBAN LUXURY Madison Tower View Unit 1000 1st Ave #1901, Seattle 98101 MLS # 416857 $1,750,000 SOLD - $1,675,000 2 bed | 2.5 bath + den SOLD in just 41 days - all cash offer Quick closing Westedge Neighborhood Beautiful 2 bed, 2.5 bath plus den. 19th floor west facing in the luxurious Madison Tower - Seattle's finest boutique condo/hotel. Breathtaking … [Read more...]

2 Monster Sales At Bellevue Towers, Totaling $4,125,000

Bellevue Towers Re-size

As a condo developer, you want to know the definition of a good day? How about selling $5,119,400 of inventory. Bellevue Towers just did it. Not bad huh? $4,125,000 of those sales were from 2 units -  on the 41st and 42nd floor. 4204 which is a split 2 bedroom penhouse sold for $1,850,000. It was previously listed as high as $2,999,000. 4102 which is a 3,561 sq ft unit … [Read more...]

Loft Listing At Mosler, Once Listed at $809,900, Now $422,000

Mosler_Lofts_Seattle

A cool new loft just hit the market at Mosler Lofts. In 2009 unit #TH-5 was listed as high as $809,900 - now just $422,000. It is a short sale which requires 3rd party approval (from the bank), but at $270 per foot, I could see how this unit might make some sense for end users or investors. It has 1,563 sq ft, 2 bedrooms and 1.5 baths. Want to see more?  Check out the … [Read more...]