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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! […]

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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, […]

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 […]

Market News & Trends

2nd-and-Virginia-Rendering-683x1024

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 […]

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 […]

Previous Posts

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, […]

2nd-and-Virginia-Rendering-683x1024

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 […]

Trace-Lofts-Capitol-Hill

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 […]

Millennium Tower_1

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 […]

January Downtown Seattle Condo Sales

January Condo Sales and Sales Data Launch, Downtown Seattle

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 […]

2033 3rd Ave #1600_Rent

Comparing Rents, Seattle Condo or Seattle Apartment

  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 […]

Ellington Exterior

The Ellington Condos

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 and spa, community […]

Federal Reserve Building_Seattle

An Elementary School In Downtown Seattle Will Have To Wait

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 […]

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New 50 Story Tower That Could Block Views At Escala Condominiums

You may recall that just 2 weeks ago we wrote about 3 new towers that have Escala surrounded. Well, just days after our post, we learned that a 4th tower may be constructed that will have a huge impact on 40% or more of the 31 story 2009 built Escala condominiums. The new site is where […]

Federal Reserve Building_Seattle

An Elementary School May Be Coming to Downtown Seattle (Updated)

**UPDATE – Bidding is now up to $16,000,000 and the bidding date has been extended to tomorrow. ** Take a look at this site. It is the Federal Reserve located at 2nd and Madison and has been vacant since 2008. It is a 65 year old that is being auctioned off as we speak. The […]

12th Man

12th Man Edition, What $1.2M Buys You In Seattle Versus Boston

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 […]