The Seattle Condo Market Is Hot, When….

Escala_#310

The Seattle Condo market is hot when.......units like #310 at Escala sell for $495,000 in 13 days. That is $111,000 more than its last sales price of $384,000 in 2010. Here are 3 more Seattle Condo sales that are worth some attention.  Each of them sold for full asking price in less than 6 days: Mosler Lofts #509 Sold in 6 days Asking Price $465,000 Sales Price … [Read more...]

Looking For a 2 Bedroom Condo In Downtown Seattle? Good Luck.

2 Bedroom Seattle Condos

Looking for a 2 bedroom condo in Seattle? Good luck. We just pulled the stats. There are currently four (4), 2 bedroom condos in Seattle for less than $500,000. Of those 4, the age of the buildings range from 1973 to 1989. Imagine the Seattle buyers with a budget of up to $1,000,000.  There are only twenty-one (21), 2 bedrooms condos for sale in all of Downtown Seattle … [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...]

Seattle Population Outpacing The Burbs

fyiguy-popgrowth-map-2

  A big thanks to a loyal friend and reader of the blog. He sent an email tonight with an article from the Seattle Times that immediately captured our attention. According to Census data, for the first time since 1910, Seattle is outpacing King County Suburbs in population growth. It started in 2010, reversing a 100 year trend. Between 2011 and 2012, Seattle’s … [Read more...]

Rare Opportunity To Rent At Millennium Tower, Downtown Seattle

1902 - Millennium Tower

There is a new rental in Downtown Seattle that is catching everyone's attention. Previously listed for $2,300,000, this 19th floor, 2,730sf unit at Millennium Tower is now available at a price of $9,500 per month. There are just 19 units in the building and each of them have a unique interior. Millennium Tower was also home to convicted swindler Frederick Darren … [Read more...]

6th Floor At Escala, $444,000 In 2010, Just Listed For $580,000

1920 4th Ave #601

Yes, you read that correctly. Unit #601 at Escala sold for $444,000 in November of 2010. It was just re-listed today for $580,000. That is a 31% increase in a little over 3 years. So it begs the question - will it sell? Here is a link (MLS #591759) so you can keep an eye on it. We think it will go under contract in less than 10 days. Search Escala's Active, Sold and … [Read more...]

Seattle Has 8 Condo Sales Over A Million Dollars YTD, Bellevue Zero

Seattle-Bellevue 1,000,000 Sales_web

  We ran a quick analysis of 1 million plus sales in Bellevue and Seattle (2014). Thus far, Bellevue has yet to post a million dollar sale, while Seattle has 8 year to date. For those looking, you'll find that Bellevue has 12 condos currently listed over a million dollars. They range from 1,050,888 to $2,999,000. Seattle currently has 37 condos listed over a million dollars. … [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...]

Just Sold By UCS, 2 Bedroom And Big Views At The Vine

27218_6

JUST SOLD    BELLTOWN CONDO | BIG VIEWS 2607 Western Ave #1106 | MLS #570226 Asking price $589,000 Selling Price - $590,000 2 bed | 1.75 bath BELLTOWN We represented the seller - procuring multiple offers in less then 2 weeks. The final selling price was $1,000 above asking with a quick closing.  Immaculately maintained 2 bed, 2 bath just one floor below the … [Read more...]

Penthouse At 5th and Madison, Offered At $1,995,000

Penthouse 3 - 5th and Madison

Penthouse #3 at 5th and Madison just hit the market for $1,995,000.  The same price it sold for in 2007. It offers 3 beds, 2.5 bathrooms and 2,043sf.  The top floor, corner unit features 12.5 foot ceilings and killer views of the Sound, Space Needle, and the Olympics/Cascades. 2 parking stalls and storage is included with the sale. The owner is leaving an estimated $200,000 … [Read more...]

The Most Expensive Condo Rental In Bellevue, $13,500

#4004_c:o Gill and Associates

Calling all rap moguls, movie stars, athletes and local tech tycoons - unit #4004 at One Lincoln Tower is available on February 1st - asking price of $13,500 per month. It just happens to be the most expensive condo rental in Downtown Bellevue. It offers 2 bedrooms, 2.5 bathrooms and 3,000sf of views. Enjoy hotel services from the Westin Bellevue, or cook in your incredible … [Read more...]