An $8,800,000 condo listed last on Tuesday of last week, found a buyer in just 24 hours. Yes, you read that correctly. The penthouse that inspired E.L. James "Fifty Shades of Grey" is owned by the Diamond Family. The unit is 5,170sf with 3 bedrooms, 3 bathrooms and includes 4 parkings stalls with the sale. This unit, much like many others at the popular building Escala has … [Read more...]
Live In A Vacated Firehouse Condo On Capitol Hill
Firehouse 25 Condo For Sale Check out this place that just hit the market on Capitol Hill. Firehouse 25 is a vacated firehouse decommissioned in 1970. Remarkably, overtime, a local architect took on a challenge to transform this space into what it is today. Unit 10, which is one of 14 units modernized around 1980 is a killer unit with a massive layout. 3 stories of living … [Read more...]
87 Condos In Downtown Seattle Have Sold Over $1M Year to Date
It only takes one word to summarize the luxury condo market in Downtown Seattle - STRONG. There have been 87 condo sales over a $1M year to date. In 2015 there were 115 which was up from 63 sales over a $1M in 2014. Given the current rate of sales, we should easily exceed last years sale count. What's driving the uptick in luxury condo sales? We see a number of factors … [Read more...]
82% of Capitol Hill Condos Selling for Full Price or More In June
23 of 28 Seattle condos on Capitol Hill sold for at least the asking price in June. The average list to sale ratio was 103%. Meaning that on average, condos sold for 3% above the asking price. Our team just sold a unit that went 25% above the asking price! It was listed at $199,950 and sold for $250,000! Capitol Hill has been on fire in recent months. This is great for … [Read more...]
164 Seattle Condo Sales In June, Boosted By Insignia Towers
Downtown Seattle had 164 condo sales in the month of June. Boosted by Insignia Towers and 108 sales in the new construction project in the Denny Triangle neighborhood. As sales in the North Tower of Insignia continue to post through July and August, the number of Downtown Seattle condos sold will continue to get a boost. However, when you remove the Insignia Tower sales from … [Read more...]
