The number of condo sales in Downtown Seattle were up 4% over April. Some might have expected a bigger increase, but these figures were not a surprise to us as we saw much more inventory hit the market. Seasonly, May is the best time of the year to sell - which is why you see owners taking advantage and getting their units on the market before summer. There were 51 sales … [Read more...]
NEXUS Condos Releases Floorplans, Pricing and Reservations
Looking for a NEXUS condo update? Look no further. Yesterday, June 4th at 11am, NEXUS started taking RSVP reservations for preferred floor-plans and first phase pricing. There is some guidance and reservation information on their website. As always, we are here to help if you want some suggestions, input on your selection or need our expertise during any phase of the … [Read more...]
Capitol Hill Condo Sales Up 53% Over Last Year
How is the condo market in Capitol Hill? The best way to describe it would be a Seller nirvana. Sales last month in March were up 53% over the same time last year. Much like our post regarding the Downtown market, sales in Capitol Hill were brisk and condo sellers brought in 107% on average of what they asked for. With some sellers getting as much as 27% above their asking … [Read more...]
Downtown Seattle Condo Sales Up 37 Percent
Seattle condo sales were up significantly in March over the previous month jumping 37% in total sales. The price range of units sold varied from the low of $265,000 to a high of $2,475,000 - a 2 bedroom at One Pacific Tower in Belltown. The number of Seattle condos sold in March was just one category that increased over last months numbers. In fact both the cost per unit … [Read more...]
Multiple Offers Driving Seattle Condo Values Higher
Multiple offers are driving Seattle condo pricing higher. We took at a look at the last 30 days of sales in Downtown Seattle, Queen Anne and Capitol Hill. The numbers do not lie. Low inventory and the incredible demand for affordable units have contributed to an all out bidding war. So what do the numbers 20, 20 and 19 all have in common? These are the number of offers that … [Read more...]
