So far this year, there have been 29 condo sales over a $1,000,000 in the Downtown Seattle condo market. They range from $1,020,000 to $6,200,000. The smallest unit was 1,329 square feet and the largest was a 5,170 square foot penthouse at Escala. In 2012 there were 47 condo sales over a million. Significant increase? I'll let you decide - I've included the … [Read more...]
High Rise vs. Low/Mid Rise – Downtown Seattle (Average Price Per Square Foot)
Unit #1901 at the Cosmo just hit the market for first time since it sold back in 2007. In March of 2007 it sold for $585,000. 6 years later, it's now listed at $575,000 - $586.73 per square foot. This had my wheels turning about the difference in price per foot when comparing high-rise to low/mid rise. I pulled a sample set of Seattle condo sales for 1 bedoom units in … [Read more...]
Downtown Seattle Inventory, What’s Left?
The number of active condo listings in Downtown Seattle is now down to 80 - that is 80 listings total. Prices of available inventory vary from $129,900 to $8,000,000. In the last 30 days, there were 45 sales in Downtown Seattle. That is a 50% increase from what sold between Feb 1st and March 1st. Search the Downtown Condo Inventory … [Read more...]
Thinking About Selling Your Downtown Seattle Condo? Read This
Are you thinking about selling your Downtown Seattle condo? Do it. Let me explain why. The market has been favorable to sellers. In the last 60 days there have been 72 sales. They range from a 1 bedroom unit in Belltown selling for $128,000 to a luxurious 2 bedroom in Madison Tower at $1,850,000. More important than the sales numbers or types of units sold is the list … [Read more...]
