There are two new listings at Olive 8, 34 floors above ground. Both are one bedroom units with big views. Olive 8 was completed in 2009, which happened to the last year a Seattle condo project was delivered until Insignia Towers opened in 2015. Olive 8 is 39 stories and has 229 units. The building shares its airspace with the Hyatt which has rooms all the way up to the 17th … [Read more...]
Olive 8 Condos Annual Update, Prices Increased
Condo Project | Olive 8 Neighborhood | Midtown Retail District The Olive 8 condos year end marketing report is out. The owners at Olive 8 should be thrilled with the price appreciation in their building. Since 2011, the cost per square foot is up 33% and the average cost per unit is up significantly as well - selling at an average of $1,002,415 (see below). There have … [Read more...]
3 Seattle Condo Sales Generating 25% Plus Gains In 3 Years
Do you remember anyone buying a Seattle condo in 2012? Well, those owners/investors deserve a pat on the back. In just 3 short years, the return on investment is nothing short of impressive. Here are 3 Seattle condos with massive returns - we pulled just a few examples from popular concrete and steel buildings in the heart of Downtown Seattle. Escala - 1920 4th Ave … [Read more...]
Comparing The Last Three Years, A Look At 1521, Escala and Olive 8
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...]
Once Listed At $2,890,000, 2 Bed At Olive 8 Sells At $1,940,000
Check out #3800 at Olive 8. It is one floor below the penthouse and faces west. At one point in 2009, this unit was priced as high as $2,890,000. It just sold for $1,940,000. It has 3 bedrooms, 3 baths and 2,235sf. Search Other Downtown Condos For Sale … [Read more...]