As of this morning the last unit at Marselle Condominium went under contract according to the NWMLS. Unit #717 is a two-level Penthouse home encompassing 1,154 square feet with soaring ceilings and three decks including a private roof deck. The home was listed at $499,990.
With the close out of Marselle, the only remaining new construction downtown Seattle condos with properties available are Escala, 1521 Second, Olive 8 and Four Seasons.
Escala recently celebrated the sale of its 200th home. With approximately 14 homes pending, that leaves about 55 remaining.
Olive 8 is also enjoying brisk sales. Year-to-date, Olive 8 has closed 43 units with another 11 pending per the NWMLS.
The elegant 1521 Second development has sold 24 homes this year (per the NWMLS). By my calculation, that leaves only 8 of these sleek luxury condos available.
The Four Seasons Seattle, the ultimate in Seattle’s luxury condominium properties, has not faired as well and recently switched to their third marketing/sales team is as many years. According to the NWMLS, there as not been a developer sale at Four Seasons in two years.