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Downtown Seattle Condos Selling Quickly, Over 100% Of Asking Price

In the last 14 days, there were 26 sales in the downtown Seattle condo market. 16 of those 26 sales sold at or above the asking price. To be exact, sellers were receiving over 100% of their asking price on average (100.95%). 14 of the 26 sales sold in less than 10 days. To put […]

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Great Views

Downtown Seattle Condos Selling Quickly, Over 100% Of Asking Price

In the last 14 days, there were 26 sales in the downtown Seattle condo market. 16 of those 26 sales sold at or above the asking price. To be exact, sellers were receiving over 100% of their asking price on average (100.95%). 14 of the 26 sales sold in less than 10 days. To put […]

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Luxury Seattle Condo Market, Supply Is Limited

In a Seattle condo market limited by a tight supply, the luxury market is especially constrained. Here is a list of the active Seattle condos priced over $2,000,000. There are just 17 units available in a total of  7 buildings. The prices range from $2.3M to $11M (our listing put on last week). Is there […]

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Just Listed, Madison Tower Penthouse, $11,000,000

Ok, we admit, this is shameless self-promotion. We had too though. This is a project we have been working on for months and we are very proud of it. An opportunity to bring to market the most luxurious Seattle condo space in the city. They are the Penthouse units at Madison Tower and there are […]

Market News & Trends

32415_18_1

Luxury Seattle Condo Market, Supply Is Limited

In a Seattle condo market limited by a tight supply, the luxury market is especially constrained. Here is a list of the active Seattle condos priced over $2,000,000. There are just 17 units available in a total of  7 buildings. The prices range from $2.3M to $11M (our listing put on last week). Is there […]

32415_4_1

Just Listed, Madison Tower Penthouse, $11,000,000

Ok, we admit, this is shameless self-promotion. We had too though. This is a project we have been working on for months and we are very proud of it. An opportunity to bring to market the most luxurious Seattle condo space in the city. They are the Penthouse units at Madison Tower and there are […]

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Great Views

Downtown Seattle Condos Selling Quickly, Over 100% Of Asking Price

In the last 14 days, there were 26 sales in the downtown Seattle condo market. 16 of those 26 sales sold at or above the asking price. To be exact, sellers were receiving over 100% of their asking price on average (100.95%). 14 of the 26 sales sold in less than 10 days. To put […]

32415_18_1

Luxury Seattle Condo Market, Supply Is Limited

In a Seattle condo market limited by a tight supply, the luxury market is especially constrained. Here is a list of the active Seattle condos priced over $2,000,000. There are just 17 units available in a total of  7 buildings. The prices range from $2.3M to $11M (our listing put on last week). Is there […]

32415_4_1

Just Listed, Madison Tower Penthouse, $11,000,000

Ok, we admit, this is shameless self-promotion. We had too though. This is a project we have been working on for months and we are very proud of it. An opportunity to bring to market the most luxurious Seattle condo space in the city. They are the Penthouse units at Madison Tower and there are […]

Built in 1974

Royal Crest

ROYAL CREST Architect: Driscoll Architects Neighborhood: Belltown 2100 3rd Ave, Seattle, Wa 98121 LOCATION Royal Crest is located in the vibrant Belltown neighborhood. SEARCH      BUILDING Royal Crest is a 128-unit, 26-story steel and concrete high-rise condo located in Belltown at 3rd and Lenora. Royal Crest features ground floor retail , parking on the 2nd and 3rd floor […]

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40 Story Twin Tower Design Revealed For Denny Triangle, New Seattle Condo Project?

Another project is coming to the Denny Triangle. Clise Properties and Graphite Design Group presented plans last night to the Seattle Design Review Board. The plans include 2 twin towers with 686 residential units, 21,000 sq. ft. of retail space and 185,000 sq. ft. of office space (parking 860 vehicles). The three design options are […]

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Condos For Sale Down 25% On Capitol Hill

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 […]

Belltown_Penthouse_Seattle Heights

21 Condo Sales In Belltown Last 30 Days, Listings Down 56%

Quick sales update for Belltown. In the last 30 days there have been 21 condos sales ranging from $208,000 to $1,033,000. Owners have been getting nearly 99% of their asking price and the average cost per square foot was $533. According to Zillow, they predict Belltown condo values will increase 7.5% by next year. That […]

Escala_Blog

One Bedroom At Escala, $489,000 In 2012, Now $649,000

Interest for one bedroom condos at Escala is at an all time high. In the last 60 days there have been 3 units that come on the market and quickly found buyers. 1509 started this trend with just 5 days on the market. The asking price was $599,000 with a final sales price of $635,000! […]

Bay Vista _ Blog2

Bay Vista

Project: Bay Vista Address: 2821 2nd Ave, Seattle 98121 Neighborhood: Belltown      BUILDING Bay Vista located at Broad and 2nd Avenue was built in 1982. The 24 story structure is located in the North end of Belltown. Bay Vista features 73 units that start on the 7th floor. Building features include a 24 hour concierge, swimming pool, […]

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Tower 12 Apartments Breaking Ground In Downtown Seattle

Tower 12 Apartments, located at 2nd and Virginia is expected to break ground today, according to the PSBJ. We’ve reported on the site a number of times in past. The 34 story tower will include 314 units featuring a wide variety of options including 44 studios, one bedrooms, one bed plus den, 2 bedrooms and […]

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2200 Westlake’s New Neighbor, 40 Story Apartment Tower With 457 Units

Check out South Lake Union’s newest tower in planning. In went in front of the Seattle Design Review Board in February and appears to be headed towards construction. The site is located directly behind Rollin Street Flats near Denny and Westlake. Here is a look at the site courtesy of Google: The 40 story project […]

Penthouse Sales

A Flurry of Seattle Penthouse Condos Going Under Contract

It has been a good couple of weeks if you own a Seattle penthouse condo. There were 5 units that went under contract, leaving just 8 penthouse units on the market in Downtown Seattle. Here are the 5 top floor units that found buyers: Watermark Penthouse – 1107 1st Ave #2001 2 bedrooms | 2.5 […]

FIrst_Hill_Plaza_View

New Seattle Condo Projects Coming Soon

Lets discuss when the next condo project is going to break ground. Our friends over at the PSBJ ran an article last week that caught our attention (This is why Seattle developers are building apartments, not condos). Tom Parsons of Holland Partner Group was quoted in the article saying: “This is a pretty savvy generation […]

February Condo Sales _2015

February Downtown Seattle Condo Sales

The February Downtown Seattle condo stats are in. February posted the same number of sales as January (23). Luxury sales drove the average price per sale up to $767,316 – a 66% change over January. Unit #3802 at Olive 8 (737 Olive) broke $1,000 per foot at $1,008. Another notable sale was a 20th floor […]

9th and Lenora

Designed Approved For 41 Story Apartment At 9th and Lenora

Denny Triangle is getting another high-rise. It will be a 41 story apartment located at 9th and Lenora. It has been in the works now for months – the Developer GID Development group just received design approval from the Seattle Department of Planning and Development (according to the DJC). They are the same group that […]

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Demand For Condos On Capitol Hill Driving Multiple Offers

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 […]

1521, Escala and Olive 8

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 […]

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This $8M Penthouse Condo Has Been On The Market For 7 Years

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 […]

Downtown Seattle Skyline

93 Active Condos In Downtown Seattle, Neighborhood Chart

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 […]

NEIGHBORHOOD HISTORY

Olympic Block

Project: The Olympic Block Address: 100 1st Ave S Neighborhood: Pioneer Square Olympic Block in Pioneer Square’s stands taller than most of its neighboring condo projects. Prominently located in the heart of Seattle’s original district, the steel and concrete structure has the iconic Pioneer Square Pergola and Totem Pole right outside of the front entrance. In 1985 the […]