What $1M Can Buy You In Seattle, Condo Shopping On Cyber Monday

Insignia Towers

In the spirit of holiday shopping, we thought it would be fun to show you how far $1M would stretch if you were in the mood to purchase a Seattle condo. Here are 3 very different units. All priced at or near $1M. NEW CONSTRUCTION NEIGHBORHOOD - DENNY TRIANGLE PROJECT - INSIGNIA TOWERS Like new? How about a 36th floor 2 bedroom, 2 bath at Seattle's one and only new … [Read more...]

2 Bedroom Stunner, Olive 8

Olive 8 Unit #3005 (1)

We kind of fell in love with this place today. It is unit #3005 at Olive 8. Great upgrades, killer views, love the flooring and the art wall is pretty incredible. Asking price is $1,850,000 - 2 bedroom, 2.75 bath - 2,158sf   [photos c/0 M. Holley) … [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...]

Views Are Changing For Condo Owners In South Lake Union

New Amazon_Purchase_web

As a Greek philosopher once said, "The only constant is change".  As a condo owner you have to be prepared for it. Views change from time to time and change is coming to South Lake Union. You may have caught word that Amazon is buying another block of the Clise Properties. As you can see above and below, the block runs from 7th to 8th and from Blanchard to Bell.  This … [Read more...]

Cosmopolitan Condo Prices Inching Back to 2007 Levels

Cosmopolitan_2410

The prices at the Cosmopolitan at 9th and Virginia are inching back to and above their 2007 levels. Unit #2103 just hit the market this morning with an asking price of $429,000. In Purchased in 2007 for $425,950. This is significant as 2007 was often recognized as the peek of the market before the crash. In last 18 months, the Downtown condo market has increased quickly due … [Read more...]

My Opinion on Insignia Towers, Bosa Q & A

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  Last Tuesday, I attended a very intimate Q & A with Nat Bosa - Insignia Tower's developer. There were just 4-5 members of the press including the DJC, Curbed Seattle, Matt Goyer (friend of ours) and us. The Q & A was situated in the sales center model unit. The discussion really centered around the quality of the 2 story project. Bosa, who turns 69 on Christmas, … [Read more...]

Listen Up Buyers, Finding Value In the Seattle Condo Market

Cosmo_#2710_buyers

Buyers, listen up. There are still ways to find value in the market. Let me use an example at the Cosmopolitan. In 2007, unit 2710 sold for $552,450. Back in late November of last year, this same unit came on the market at $325,000. If you went to the open house or toured during that first day on the market, you may have been disappointed. It was obvious at that time that … [Read more...]

Just Sold | Olive 8 | 2 Bedroom View Condo

#1802_Olive 8

JUST SOLD Olive 8 | Urban Living 737 Olive Wy #1802, Seattle Asking Price | $885,000 Sold Price | $841,000 2 bed | 2 bath Downtown Seattle Successfully negotiated a $44,000 reduction in price for our buyer during a sellers market Big views, great building. Popular 2 BR+den floor plan with nearly 1,600sf. Hardwoods, Pedini cabinets, island kitchen, granite countertops, … [Read more...]

1521 Second Avenue and Olive 8 Sales Centers Closing

1521_Penthouse_Exterior

With 5 units left for sale, 1521 and Olive 8 plan to close their show rooms following their final sales event this weekend. The final sell-out of these two luxury projects is a much bigger story than it appears. There are approximately 40 new construction units left in Downtown Seattle. In area 701 (DT Seattle), there is just one new construction delivery scheduled (Insignia … [Read more...]

1 Bedroom At 2200 Westlake Sells At Auction, Last Price $371,000, Sold for $252,200

2200 Westlake Exterior

The sale of the weekend has to be #w504 at 2200 Westlake. I had been watching this unit for a few months and it finally sold. It had originally been on the auction block in December - the minimum bid price set by the bank was $205,734. 2 months later, the bank set the minimum at $221,995. I'm sure they had done their homework with the market and it appears they had little issue … [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...]