Seattle Condo Inventory Levels, 42% Priced Over $1M

Condo Inventory and Pricing

We took a quick look at the Downtown Seattle condo inventory this morning and put together a pie chart to show you guys the percentage of inventory in each price range. It was interesting to see that the 42% of our inventory in Downtown Seattle is priced over a $1,000,000. Looking for a bargain priced below $250,000? There are 3 units currently on the market. Have … [Read more...]

Interested In A Seattle Loft, Take A Look

210 3rd Ave #4C

Loft lovers. There are 2 new listings that you might be interested in. Both are in great buildings and the units are definitely worthy of consideration. That is if you like cool architecture, exposed brick, original wood floors and big windows. Enjoy. 210 3rd Ave - The Lofts  Unit #4A - 1,870 sf 1 bed, 1.75 bath Asking price - $695,000 Trace Lofts - 1408 12th … [Read more...]

Condos For Sale Down 25% On Capitol Hill

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We took at a look at the Belltown condo market last week and thought we would share some interesting notes on Capitol Hill now as well. The statistic that stood out to us the most - were the number of active listings. Year over year, the number of active condos for sale on Captiol Hill are down nearly 26%. The average list price per square foot is up 15.9% since last year. … [Read more...]

Demand For Condos On Capitol Hill Driving Multiple Offers

Trace-Lofts-Capitol-Hill

Check this out - There have been 26 one bedroom condo sales on Capitol Hill since the first of the year ($500,000 or less). Sellers have been getting 100.40% of what they are asking. Translation - multiple offers. Out of the 26 condo sales YTD, 18 sales received full price offers or better. That is an incredible stat. The average days on market was just 29 days. This … [Read more...]

Early Design Guidance, Altitude Sky Tower (Escala Impact)

New Project _ 5th and Stewart

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...]