Seattle Condo Blog | Urban Living
In the last development cycle, 2005-2009, there were a number or projects built in Downtown Seattle. Lets look at 3 major high-rise towers completed around the same time and take a look at their sales, average price points and the cost per square foot. The 3 towers include 1521, Escala and Olive 8. As a reminder, here are some quick facts on the buildings: … [Read more...]
You read this correctly. The top floor penthouse at Millennium Tower has been on the market for nearly 8 years. To be exact, as of today, it has been on the market for 2,826 days. No, seriously - it has. Listed in May of 2007, this 9,876sf space has been looking for an owner since President Bush was in office. It is still in shell condition ready to be designed. The … [Read more...]
Condo lovers, we have created a few charts for your review. There are 93 active condo listings in Downtown Seattle. Here are a few of the take-aways: Condos pricing is pretty evenly distributed across the board There are only 27 condos priced under $500K There are 5 active condos in South Lake Union Denny Triangle currently has the largest allocation of active units … [Read more...]
Ok peeps. We are launching a new monthly update for Downtown Seattle condo sales. We will be tracking each month the number of sales in area (701 - Downtown Seattle). We will eventually roll out data for Queen Anne and Capitol Hill as well. For now, feel free to frequent our 2015 sales page that can also be found on the home page of the blog. So, here you go. Click on the … [Read more...]
Lets examine the difference in renting an apartment versus a condo in Seattle. We'll compare a 2 bedroom at Cristalla and a new construction unit at Premiere on Pine (8th and Pine) If you are in the market for a rental there are a number of different buildings, floor plans, amenity packages and locations. In comparing these two rentals, you'll see in our chart below, … [Read more...]
Project: The Ellington Address: 2801 1st Ave Neighborhood: Belltown SEARCH THE ELLINGTON BUILDING Built in 2001, The Ellington is a true urban experience located in heart of Seattle’s Belltown neighborhood. The 12 story twin-tower condo project offers quintessential in-city living with an impressive list building amenities: 24 hour concierge, fitness center … [Read more...]
For those of you that missed our post late last week, we highlighted a story involving an auction for the Federal Reserve Building at 2nd and Madison. All in all, there were 8 bidders, driving the price of up to a final number of $16M. Seattle Public Schools confirmed that they bid on the project but had budged just $6,000,000. The question is, who owns it and what is … [Read more...]
Ok, 12'ves. Given the Superbowl matchup in the coming days, we are going to honor the Hawks and their fan base with a condo comparison featuring Seattle vs. Boston. We'll compare condos at or around $1.2M. Seattle Condos - $1,200,000 Budget Escala - 4th and Virginia Check out this 2 bedroom, 2 bath at Escala for $1,250,000. You get 2 bedrooms, 2 bathrooms, big city views … [Read more...]
Nord – 312 1st Ave S Neighborhood - Pioneer Square SEARCH THE NORD BUILDING BUILDING Nord is a quintessential boutique building located in the heart of vibrant Pioneer Square. The low-rise vintage brick building is comprised of only 7 renovated loft-style homes. The renovation and conversion was completed in 2007 by the local development company Pioneer … [Read more...]
If you currently live at Escala, don't panic, but we think you should pay special attention to this post. Here is the current landscape surrounding the 2009 built condo project. (Courtesy of Google Maps). Now lets examine 3 major projects that are projected to built and will surround the luxury condo tower. 1. Permits were originally approved for a 43 story … [Read more...]
We found something interesting while reviewing new project news this week. The developer of the new apartment building planned at 6th and Wall, had something very fascinating to say in a recent interview. When commenting on the decision to build apartments vs. condos, Paul Menzies the CEO of Laconia Development was quoted in the PSBJ as saying: "The market hasn't risen back … [Read more...]
As a follow up to our 2013 list, we compiled the 3 most expensive Seattle condo sales in 2014. 1) Four Seasons Private Residences Unit #1501 – Downtown Seattle Sold Price – $6,100,000 Size: 4,131 | Price per square foot: $1,477 Bedroom: 2 | Bathroom: 2.5 See more photos Number 1 on our list is 1501 at Four Seasons. The 2008 built project still has some of the … [Read more...]
A proposed project at 5th and Stewart (see above) is quickly gaining a lot of attention. It will be presented to the Seattle Design Review Board tomorrow at 7pm. The current proposal is for a 50 story project featuring a hotel, apartments and condos - named The Altitude Sky Tower. We believe that this new building would be a unique option for prospective buyers. Not only is the … [Read more...]
The Westedge of Downtown Seattle is going through a massive development cycle. As reported in the PSBJ, a 39 story apartment project, located at 2nd/Pike may be breaking ground as early as next year. This is in addition to Equity's new site at 2nd and Pine (40 story tower). These are important stories for the blog as they could hinder views of existing condos and there is … [Read more...]
Building: Post Mews Neighborhood: Pioneer Square BUILDING DESCRIPTION Originally built as the Elgin Hotel in 1913, Post Mews was later recognized, and still referenced to today as Traveler’s Hotel. Living up to the name, it’s Post Ave location is just steps from waterfront, ferries, sports arenas, charming cafés and art galleries. The low-rise brick building was restored … [Read more...]
