Just Listed, Madison Tower Penthouse, $11,000,000

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Ok, we admit, this is shameless self-promotion. We had too though. This is a project we have been working on for months and we are very proud of it. An opportunity to bring to market the most luxurious Seattle condo space in the city. They are the Penthouse units at Madison Tower and there are total of 3 offerings. Interested in our luxury listing platform? Contact … [Read more...]

Royal Crest

Built in 1974

ROYAL CREST Architect: Driscoll Architects Neighborhood: Belltown 2100 3rd Ave, Seattle, Wa 98121 LOCATION Royal Crest is located in the vibrant Belltown neighborhood. SEARCH      BUILDING Royal Crest is a 128-unit, 26-story steel and concrete high-rise condo located in Belltown at 3rd and Lenora. Royal Crest features ground floor retail , parking on the 2nd and 3rd … [Read more...]

40 Story Twin Tower Design Revealed For Denny Triangle, New Seattle Condo Project?

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Another project is coming to the Denny Triangle. Clise Properties and Graphite Design Group presented plans last night to the Seattle Design Review Board. The plans include 2 twin towers with 686 residential units, 21,000 sq. ft. of retail space and 185,000 sq. ft. of office space (parking 860 vehicles). The three design options are very different and it will be … [Read more...]

Condos For Sale Down 25% On Capitol Hill

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We took at a look at the Belltown condo market last week and thought we would share some interesting notes on Capitol Hill now as well. The statistic that stood out to us the most - were the number of active listings. Year over year, the number of active condos for sale on Captiol Hill are down nearly 26%. The average list price per square foot is up 15.9% since last year. … [Read more...]

One Bedroom At Escala, $489,000 In 2012, Now $649,000

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Interest for one bedroom condos at Escala is at an all time high. In the last 60 days there have been 3 units that come on the market and quickly found buyers. 1509 started this trend with just 5 days on the market. The asking price was $599,000 with a final sales price of $635,000! Following that sale, units #404 and #810 have also found buyers. Both units are under … [Read more...]

Bay Vista

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Project: Bay Vista Address: 2821 2nd Ave, Seattle 98121 Neighborhood: Belltown      BUILDING Bay Vista located at Broad and 2nd Avenue was built in 1982. The 24 story structure is located in the North end of Belltown. Bay Vista features 73 units that start on the 7th floor. Building features include a 24 hour concierge, swimming pool, fitness facility , sauna, … [Read more...]

A Flurry of Seattle Penthouse Condos Going Under Contract

Penthouse Sales

It has been a good couple of weeks if you own a Seattle penthouse condo. There were 5 units that went under contract, leaving just 8 penthouse units on the market in Downtown Seattle. Here are the 5 top floor units that found buyers: Watermark Penthouse - 1107 1st Ave #2001 2 bedrooms | 2.5 baths | 2,116 sq. ft. Huge west facing views. Modern kitchen, custom lighting, … [Read more...]

New Seattle Condo Projects Coming Soon

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Lets discuss when the next condo project is going to break ground. Our friends over at the PSBJ ran an article last week that caught our attention (This is why Seattle developers are building apartments, not condos). Tom Parsons of Holland Partner Group was quoted in the article saying: "This is a pretty savvy generation of buyers out there. I don't think they're going to … [Read more...]

Demand For Condos On Capitol Hill Driving Multiple Offers

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Check this out - There have been 26 one bedroom condo sales on Capitol Hill since the first of the year ($500,000 or less). Sellers have been getting 100.40% of what they are asking. Translation - multiple offers. Out of the 26 condo sales YTD, 18 sales received full price offers or better. That is an incredible stat. The average days on market was just 29 days. This … [Read more...]

This $8M Penthouse Condo Has Been On The Market For 7 Years

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You read this correctly. The top floor penthouse at Millennium Tower has been on the market for nearly 8 years. To be exact, as of today, it has been on the market for 2,826 days. No, seriously - it has. Listed in May of 2007, this 9,876sf space has been looking for an owner since President Bush was in office. It is still in shell condition ready to be designed. The … [Read more...]

93 Active Condos In Downtown Seattle, Neighborhood Chart

Downtown Seattle Skyline

Condo lovers, we have created a few charts for your review. There are 93 active condo listings in Downtown Seattle. Here are a few of the take-aways: Condos pricing is pretty evenly distributed across the board There are only 27 condos priced under $500K There are 5 active condos in South Lake Union Denny Triangle currently has the largest allocation of active units … [Read more...]

Olympic Block

NEIGHBORHOOD HISTORY

Project: The Olympic Block Address: 100 1st Ave S Neighborhood: Pioneer Square Olympic Block in Pioneer Square’s stands taller than most of its neighboring condo projects. Prominently located in the heart of Seattle’s original district, the steel and concrete structure has the iconic Pioneer Square Pergola and Totem Pole right outside of the front entrance. In 1985 the … [Read more...]

The Ellington Condos

Ellington Exterior

Project: The Ellington Address: 2801 1st Ave Neighborhood: Belltown SEARCH THE ELLINGTON      BUILDING Built in 2001, The Ellington is a true urban experience located in heart of Seattle’s Belltown neighborhood. The 12 story twin-tower condo project offers quintessential in-city living with an impressive list building amenities: 24 hour concierge, fitness center … [Read more...]

An Elementary School In Downtown Seattle Will Have To Wait

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For those of you that missed our post late last week, we highlighted a story involving an auction for the Federal Reserve Building at 2nd and Madison. All in all, there were 8 bidders, driving the price of up to a final number of $16M. Seattle Public Schools confirmed that they bid on the project but had budged just $6,000,000. The question is, who owns it and what is … [Read more...]