Keep An Eye On 2nd and Virginia, Project Coming Soon

2nd and Virginia Rendering

Keep an eye on 2nd and Virginia. It will be a 34 story condo tower soon. We reported on the site back in June.  Lynn Porter (DJC), just wrote a follow up piece on the timing of construction. The owner of the site, Continental Properties plan to start construction early next year. The article suggests that it still could be apartments, but we don't believe so. We believe … [Read more...]

East Facing City Views At Cristalla Changing Soon

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  News of a new Belltown development reported by the Daily Journal of Commerce will have an impact on East facing views at Cristalla. An entity related to Martin Selig Real Estate (a local real estate developer) has purchase a 3 parcel site at 3rd and Lenora. The plans call for a 31 story project featuring 158 residential units, and 291,000 square feet of office and … [Read more...]

One Year, Same Floor Plan, Condo Sells For $151,300 More

Cristalla_(10) plans

We were doing some market research this morning when we ran across an interesting storyline in Belltown involving Cristalla. In one calendar year (2013-2014), two identical floor plans just two floors apart from each-other sold at $400,000 and $551,300. Yep, a $151,300 difference within one year. Our team negotiated the sale of #710 in June of 2013 (Buyer). Then just 13 … [Read more...]

Good Value, 2 Bedroom Cristalla

Cristalla_Bedroom C:O Lin Shih

Check out this 2 bedroom at Cristalla. It is a corner unit on the 15th floor. 2 bedrooms, 1.75 bath and 1,132sf. That comes in at $529psf. When using the cost per square metric, this looks to be a REALLY good buy. There have been 7 sales in the building this year - averaging $633 per square foot. With two, 2 bedroom units on the 16th floor and the 18th floor selling for $639 … [Read more...]

Cristalla Studio and Escala 1 Bedroom Continue To Push Market Higher

Cristalla-Escala

Check out these 2 sales - a studio at Cristalla &  a 1 bedroom at Escala. The Cristalla studio went under contract in less than 5 days. If it posts at its asking price it would be the 4th highest sale on a cost per square foot basis this year (1 bedroom, area 701). The Escala 1 bedroom condo (shown below) sold for $419,000 in 2011. It just re-sold at $592,700. The asking … [Read more...]

The Seattle Condo Sale of The Year, 2 Bedroom At Cristalla

Cristalla_Rooftop_ ℅ C Millan

The time has come to identify the Seattle condo sale of the year. It should be referred to as the purchase of the year - we'll explain. After pouring through all the sales records for 2013, July 29th jumped out at us the most. That is when unit #2104 at Cristalla sold for $460,000. It is a 2 bedroom, 2 bath with 1,132 sq. ft.  That is a price per square foot of $406. Unit … [Read more...]

2 New Rentals At Cristalla

Cristalla_Views

For those of you trying to find rentals before year-end, you may want to check out these 2 condos at Cristalla. Not what your looking for? We've added a map below with all actively listed condo rentals in Downtown Seattle (MLS). Good luck with your search! 2033 2nd Ave #600 - 1 bed, 1 bath  Asking Price - $2,900 per month 2033 2nd Ave #1503 - 2 bed, 2 bath Asking … [Read more...]

Buyers Paying Top Dollar To Live At Enso In South Lake Union

Enso _ Cristalla _ SLU_WEB

I've noticed an interesting trend in the last 6 months. 1 bedroom condos at Enso are selling quickly and buyers are paying a premium to live there. As a point of comparison, I've pulled the last 6 months of sales at Cristalla. For those of you not familiar with Cristalla it remains the single-most popular project in all of downtown (at least from my experience).  So how do … [Read more...]

Its Valentines Day, Which Seattle Condo Project Do You Love? (VOTE NOW)

Valentines Day_Which Condo Do You Love?_web

CONDO LOVING In celebration of Valentines Day, lets vote for that special project that we LOVE. I think its safe to say that we are all enamored with condo living - what better way to show our appreciation than voting for our favorite project. Submit your vote below and report back to see the results. Feeling left out? Don't be, we added a section to nominate a project on … [Read more...]

3 Seattle Condo Sales, 3 Days, Full Price Offers

Cristalla #1506

As I was sifting through inventory this morning, I noticed that there were 3 condo sales in the past 3 days and all of them sold at full price. This is typical of the market right now - as long as the price is at market when it goes live. 121 Vine St #303 | Sale Price $320,000 Arbor Place Tower 2 bedroom | 1.75 bath 2033 2nd Ave #1506 | Sale Price … [Read more...]

View Condo Comparison – Bellevue and Seattle

Cristalla_Rooftop_ ℅ C Millan

  VIEW CONDO COMPARISON Let's look at view condos in 2 different markets - Seattle and Bellevue SEATTLE  How about this sale at Cristalla last week? Unit #1709 is a corner unit. It has west and south facing views with an outdoor deck. For 1,572 sq. ft. this unit seems to have it all. Island kitchen, bamboo floors, structural concrete accents, stylish lighting, … [Read more...]

New Listings At Cristalla, 2 Bedroom Units

Cristalla_Views

Considering the love affair Seattle has with Cristalla, I thought I would share 2 new listings that just hit the market. Both are 2 bedrooms located on the 20th and 22nd floor. Designed by Weber + Thompson, Cristalla was built in 2005. 2033 2nd Ave #2207, Seattle Priced at: $675,000 Last sold for: $810,000 (10/04/2005)   2033 2nd Ave #2204, Seattle Priced … [Read more...]

Cristalla Unit 1909, Back On The Market – $1,395,000

Cristalla_1909_Living

Unit 1909 at Cristalla is back. It was listed in January of 2011 for $1,395,000. Without any luck finding a buyer, the unit was rented for $5,000 per month and now a year and half later, its on the market again. With the market conditions the way they are now, I would expect that the unit will sell. This 19th floor west facing condo features 2 bedrooms, 2 baths and 1,588 sq … [Read more...]

High-End Seattle Condo Rentals, Moving Quickly

Cristalla_Views

High-end condo rentals in Seattle are leasing quickly and at top dollar. See below for a collection of just some of condos that have leased in the last 30 days. I can't say I'm surprised that these rentals are moving quickly - renting a condo can have much more upside then living in a traditional apartment building. In addition to that, steady employment growth and below … [Read more...]

CityTarget To Open This Week In Downtown Seattle

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The urban-concept Target store that we wrote about years ago is finally opening its doors - this week!  The new store, named "CityTarget" is located on 2nd and its just one block from Pike Place Market. Seattle is one of three locations opening this Wednesday. The others include Los Angeles and Chicago. According to the Times, Downtown Seattle's population has increased 72% … [Read more...]