An $8,800,000 condo listed last on Tuesday of last week, found a buyer in just 24 hours. Yes, you read that correctly. The penthouse that inspired E.L. James "Fifty Shades of Grey" is owned by the Diamond Family. The unit is 5,170sf with 3 bedrooms, 3 bathrooms and includes 4 parkings stalls with the sale. This unit, much like many others at the popular building Escala has … [Read more...]
Seattle, Number One U.S. Market For Chinese Homebuyers
You read that correctly. Seattle has become the hottest U.S. market for Chinese real estate buying. In last 7 days you have seen 3 major news publications bring this topic to the forefront of the forever popular debate on housing. According to the Seattle Times, Vancouver Sun and Puget Sound Business Journal, Seattle has quickly become the number one domestic economy for … [Read more...]
Live In A Vacated Firehouse Condo On Capitol Hill
Firehouse 25 Condo For Sale Check out this place that just hit the market on Capitol Hill. Firehouse 25 is a vacated firehouse decommissioned in 1970. Remarkably, overtime, a local architect took on a challenge to transform this space into what it is today. Unit 10, which is one of 14 units modernized around 1980 is a killer unit with a massive layout. 3 stories of living … [Read more...]
August Condo Sales In Downtown Seattle, Price Per Unit Sold Jumps 31%
Our stats are in for Downtown Seattle condo sales in August. Led by Insignia Towers, the average cost per square foot jumped 16% from $700psf to $814psf. This number is significant as developers all over the city that are contemplating building new product. When doing so, the majority of the analysis is ensuring that their per square footage price aligns with their construction … [Read more...]
Downtown Seattle Condo Sales Up In July, Price Per Foot Climbs 17%
There were a 166 Seattle condo sales in July. A slight increase in the numbers of condos sold from the month June. The biggest jump was in the average cost per square foot. It rose 17% above the month of June to $700psf. Interesting storylines from July: The average sale price for units sold was $755,828 The average days on market for a unit sold was just 13 days … [Read more...]
