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...]

Lawsuit Settled – The Parc Condos In Belltown

The Parc Entrance

We can confirm through our own independent sources that a settlement has been reached at The Parc. We will provide more details as we learn more. The lawsuit should be officially removed within days of now. Until then, we won't speculate on the total amount of the settlement. This dates back to a January 4th 2013 filing where The Parc-Belltown Condominium Association filed a … [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...]

Why All The Sales Activity At Mosler Lofts?

Mosler_Lofts_Seattle

Why all the activity at Mosler Lofts?  Simple answer - A dismissed lawsuit and perfect market conditions for a seller. YTD there are already 8 sales pending and 2 posted sales at the 2007 built Mosler - including penthouse #2 shown above ($1,825,000) This have everything to do with their construction defect lawsuit being dismissed. In the 24 months leading up to the … [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...]

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...]

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...]

Penthouse At 1521, Once Rented for $12,000 Per Month, Now On The Market

Private roof top deck/hot tub.

We have a little condo envy this afternoon. Check this place out. Unit #3801 at 1521 Second Ave just hit the market for $4,250,000.  It offers 2 bedrooms, 1.75 baths and 2,453sf. The private deck is incredible. This same space was recently offered for rent - $12,000 per month. 1521 Second Ave is just one block from the Seattle's iconic Pike Place Market. It offers 24 hour … [Read more...]