The success from 2011 has carried over into January for the sales team at Bellevue Towers. According to my source at the project, they have sold 7 units this month and are negotiating contracts with a number of other buyers. This comes on the heels of their newly released pricing promotion.
Limited Release Pricing is offered for select homes. These condos feature prices reduced by as much as 40% from original list prices. Homes now available for sale include studio and one-bedroom residences priced from the $300,000s, two-bedroom homes priced from the $600,000s, and spacious penthouses priced from $2 million. Bellevue Towers‘ homes range from 809 square feet to 6,398 square feet.
Some examples of the new pricing includes the following:
|Plan||Tower||Suite||Bed/Bath||SF||New Price||Original List||Reduction||% Reduction|
|M2||S||1208||Studio / 1 B||809||$286,000||$479,000||($193,000)||-40%|
|G2||N||1013||1 BR + S / 1.5 B||1,424||$481,000||$786,000||($305,000)||-39%|
|J2||S||1502||2 BR + S / 2.5 B||1,677||$748,000||$1,199,000||($451,000)||-38%|
|F2||N||2511||2 BR + D / 2.5 B||2,147||$929,000||$1,324,000||($395,000)||-30%|
|J4||S||2502||2 BR + D / 2.5 B||2,120||$1,014,000||$1,709,000||($695,000)||-41%|
What did Bellevue Towers accomplish in 2011?
Bellevue Towers the best-selling condo project in 2011 with 144 homes closed and sold since January 1, 2011. They reported sales of $89 million – double the volume of the closest comparable project in the market. The luxury, downtown Bellevue project has now sold a total of 268 units with more than 400 residents calling Bellevue Towers home.
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