Developer To Launch Second Condo Project In Ballard

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Canadian Developer InHaus is launching their second condo project in Ballard. Salt is an encore to their Solo Lofts project which according to the development team is 60% sold. Construction is slated for early 2015, with pre-sales commencing before the end of the year. The six story structure will offer 38 built green condos.  The unit mix will be One, two and three bedroom … [Read more...]

80 South Jackson

80 South Jackson Exterior

Project: 80 South Jackson Neighborhood: Pioneer Square Architect: Max Umbrecht BUILDING 80 South Jackson is located in the heart of Seattle’s creative hub - vibrant Pioneer Square. This classic 5-story brick masonry building is home to 27 quintessential artists loft-style residences. It was originally built in 1990 during the Klondike Gold Rush and previously known as … [Read more...]

New Condo Project Coming to 4th and Bell, Downtown Seattle

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The PSBJ reported on a $20M dollar sale this week for a property located 4th and Bell. Initially, like most projects in the Seattle the last 5 years, we excepted the project to be apartments. Breaking this morning, TeamRise, the developer of the quarter block site, announced that the project will be condos. At this point, all we know is the location of the site and that the … [Read more...]

A Seattle Real Estate Project To Keep An Eye On

DPD _ Design Proposal

Driving through South Lake Union is a bizarre experience. There are so many new projects under construction that it makes your head spin. There are a few key projects that we are paying attention to. The one that seems most relevant in terms of view impact is the full block development site at Denny and Westlake. It is the current home of the South Lake Union Discovery … [Read more...]

Merrill Place

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Project: Merrill Place Address: 97 South Jackson BUILDING The iconic Merrill Place building encompasses an entire city block in the heart of Pioneer Square and offers renovated office and retail space as well as 16 residential loft-style homes. The project combines 4 early 1900’s buildings: the Schwabacher Hardware Company Building, the M. Seller Building, the Hambach … [Read more...]

Pike and Virginia

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Project: Pike and Virginia Address: 87 Virginia St Neighborhood: West Edge Architect: Olson Kundig Architects SEARCH      BUILDING The Pike and Virginia building located in the West Edge/Market District of Downtown Seattle is a show-piece in the Seattle Skyline. One of very few condo projects built in Pike Place Market, Pike and Virginia offers exclusive views. … [Read more...]

Urban Living At Lumen

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Check out this new space at Lumen in Queen Anne - Asking Price $1,575,000 For modern loft lovers, this might be a great place to call home. It features 2,146sf with 3 beds and 2.5 baths. It also comes with 3 parkings stalls. We are a big fan - In LOVE with the industrial materials. Click here to see more   … [Read more...]

Watermark Tower

Watermark Tower

Project: Watermark Tower Address: 1107 1st Ave, Seattle 98101 Neighborhood: West Edge Architect: The Bumgardner Architects Builder: Sellen Construction Developer: Cornerstone Development BUILDING Watermark Tower was built in 1983 and is located in the West Edge neighborhood of Seattle. Known for its convenient location, Watermark is situated near Place Place Market, … [Read more...]

One Year, Same Floor Plan, Condo Sells For $151,300 More

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We were doing some market research this morning when we ran across an interesting storyline in Belltown involving Cristalla. In one calendar year (2013-2014), two identical floor plans just two floors apart from each-other sold at $400,000 and $551,300. Yep, a $151,300 difference within one year. Our team negotiated the sale of #710 in June of 2013 (Buyer). Then just 13 … [Read more...]

Escala One Bedroom, Listed At $626,000, Sold at $681,500

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Check out this sale - unit #1804 at Escala. Until July of this year, when the 18th floor condo sold, the highest cost per square foot for a 1 bedroom 1.5 bath in Downtown Seattle was $747(YTD). This sale nearly eclipsed $750psf. The asking price was $626,000 and the final selling price was $681,500. It was last purchased in 2010 for $529,000. Happy seller? We think so. See … [Read more...]

Why Seattle Is Getting A Lot Of Attention

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We were pulling some numbers this weekend in preparation for an upcoming presentation on the Downtown Seattle Market and thought you would enjoy a few of these stats and facts about Downtown Seattle. First and foremost, the construction activity as of June of 2014 has reached 100 active projects. This includes those projects under construction, permitted or recently … [Read more...]

Seattle Million Dollar Condo Update

Seattle Million Dollar Condo Update

It was time for another luxury condo update for Seattle and Bellevue. Take a look at our report above and feel free to contact us with any questions. Seattle's cost per square foot rose 12.2% from 2013 to 2014 The average sales price in 2013 was $1,381.781. YTD in 2014 the average sales price is $1,714,391 (24% increase) The most expensive sale last year in Downtown … [Read more...]

Good Value, 2 Bedroom Cristalla

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Check out this 2 bedroom at Cristalla. It is a corner unit on the 15th floor. 2 bedrooms, 1.75 bath and 1,132sf. That comes in at $529psf. When using the cost per square metric, this looks to be a REALLY good buy. There have been 7 sales in the building this year - averaging $633 per square foot. With two, 2 bedroom units on the 16th floor and the 18th floor selling for $639 … [Read more...]