Top 5 Most Expensive Condo Sales 2020
I’m going to take you through the 5 most expensive Seattle condo sales in 2020. 2020 has been a year I will never forget. In 18 years of real estate and 15 years of condo work, I don’t think I ever could have imagined how challenging the Downtown condo market would be. With all that being said, there were still some impressive numbers out of the Downtown Seattle core. There were 430 sales versus the 457 in 2019. That is down just 5% year or year. Let me walk you through the 5 most expensive sales for the year.
MOST EXPENSIVE SALE
The most expensive condo sold in Downtown Seattle in 2020 was at The Four Seasons Private Residences in the West Edge of Downtown. Unit 1502 hit the market at $9.8M in June. After just 3 months on market it sold for $9.5M. The owner had an impressive collection of art. Four Seasons is one of a handful of Downtown buildings that attracts some of Seattle’s wealthiest residents. Photos c/o Scott Wasner
SECOND MOST EXPENSIVE SALE
Unit #1202 at Four Seasons may look familiar. It was on our list of the Most Expensive condo sales in 2019 as well. I would guess that Downtown politics, protesting or Covid-19 could have played a roll in the quick sale. Despite going out to market $9.495M, the owner ended up selling the unit for the same price they bought it for in the summer of 2019 – $9.2M. For those of you wondering, the costs of sale for a unit like this is roughly $644,000. Photos c/o Scott Wasner
NUMBER 3 HIGHEST CONDO SALE 2020
Surprise, surprise. Another Four Seasons unit on the list. Coming in at the number 3 most expensive sale in 2020 is Unit 1801. This 2 bedroom unit, like the others in the building has an iconic view. Taking a quite a bit longer to sell (nearly a year), 1801 finally fetched a price of $6M. A little bit of history on this unit. Back in 2007 when the project first went to market, this unit was priced at $9.493M and in 2019 it was priced at $9,995,000. For those of you counting, the HOA dues on this unit are $6,492 per month! Photos c/o Scott Wasner
NUMBER 4 MOST EXPENSIVE CONDO SALE
Making its way to list for the first time is Nexus. For those of you un-familiar, Nexus is located in the Denny Triangle neighborhood of Seattle. Denny Triangle is home to Amazon, borders South Lake Union and is the fast growing neighborhood in all of Downtown. PH203 is a 4 bedroom penthouse with huge views. For those of you that haven’t seen Nexus yet, check out my Youtube channel to see some of the views from the roof-deck.
Last but not least is this incredible 19th floor unit at Millennium Tower in Seattle. Unit 1902 sold in early December at a whopping $3,550,000 sales price or $1,305 per square foot. Photos c/o Bob Bennion
That wraps up our list for the most expensive condos sold in Seattle 2020. I hope you enjoyed it. If you have any questions, feel free to reach me at firstname.lastname@example.org