Olive 8 has just 12 homes left to sell – out of 229 total units.
For those of you not familiar with the project, Olive 8 is a LEED “Silver” building that includes a Hyatt Hotel on the first 17 floors of the building. It has a pretty robust offering of amenities and sits just one block away from Pacific Place and Seattle’s Flagship Nordstrom location.
Here’s an interesting excerpt from the press release that went out today:
According to NWMLS records the total active listings for sale in downtown Seattle as of December 2012 was just 93
units while median home prices in the center city rose to $501,250 – that’s up 18.6% compared with a year earlier
and the highest in four years, said Jones. For the entire year 2012 median home prices have risen 7.4% and total
sales volumes rose 11.7% compared with 2011. Recently Seattle was noted as one of the “Biggest Turnaround
Housing Markets” in the nation, according to a Trulia.com ranking.
Out of the 12 remaining homes, they include one bedrooms priced from $505,000 and two bedrooms priced from $1,175,000. I’ve included active listings, sold listing and rental listings below – you may also read more on our Olive 8 profile page as well.
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