Condos In Foreclosure, Downtown Seattle

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You may have noticed over the years that we've spent a significant amount of time tracking condo foreclosures. During 2009-2012 there were hundreds of foreclosures in Downtown Seattle. Leading up to 2007, there were a lot of investors buying condos in the Seattle market. These included second home buyers, owners looking to rent their space and speculative buyers looking for a … [Read more...]

Mosler Lofts Penthouse #4, Just Listed At $1,690,000

Penthouse_4 Mosler Lofts

Penthouse #4 at Mosler Lofts was just listed for $1,690,000. It becomes the 4th penthouse in the building to be listed for sale in the last 6 months. Previously listed as high as $1,745,000(2007), PH#4 offers 1,927 square feet with 2 bedrooms and 2 baths. Penthouse #1  - Currently for sale Asking Price - $2,200,000 Penthouse #2 - Just Sold Selling Price - … [Read more...]

Luxury Seattle Condo Sales To Outpace 2012 and 2013

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Luxury condos in Downtown Seattle are flying off the shelf. We'll define luxury as anything over $1,000,000. There have been 17 sales in this million dollar plus category year to date - with 13 sales pending. Assuming those pending sales close by the end of April, that adds up to 30 sales in the first quarter of 2014. Just for a point of reference, we had 53 sales in 2013 … [Read more...]

3 Seattle Condos Under Contract In 48 Hours

We are just 14 days into March and there have been 6 Seattle condos that went under contract in less than 48 hours. Just 2 days on the market. We've included three of them below. As an owner, if you were put in a situation to accept an offer the first day on market, or multiple offers after a week on the market - what would you do? 1) Escala  Unit #707  – Downtown Seattle … [Read more...]