The Seattle Condo Blog

Recently, a number of newly converted condo projects popped up in the MLS. Here’s a breakdown of these developments located in West Seattle, First Hill, Lake Washington and North Seattle.

Sylvan Ridge is a large planned development of 178 two-bedroom + den rowhouse-style townhomes in the High Point / Delridge area of West Seattle.

The 1350 Alki Condominium project is one of the newer developments along Alki Avenue SW. This boutique condo features only ten homes with two units per floor, conveniently located to Alki Beach.

The WestWater Condominium (website) is a recent conversion development located in West Seattle at 6960 - 6970 California Ave SW. Originally built in 1989, the two building 4-story complex contains 71 condominium homes with an expansive community courtyard.
The WestWater came on the market last year and has sold about half of its inventory, not [...]

The Lighthouse Point Condominium (website) is a new conversion complex located next door to the Alki Point Lighthouse and steps from Alki Beach.
Previously the Riptide Apartments, Lighthouse Point offers 40 studio and one-bedroom homes starting from $195,000. The initial release of homes are located on the 1st and 2nd floors and range [...]

Capitol Hill
seventeen07 - 1707 Boylston Ave
seventeen07 (website) is located in the mix of Capitol Hill’s vibrant Broadway & Pike/Pike districts, just west of Seattle Central at the corner of Boylston and E. Olive Street. The 3-story building features 36 studio, one- and two-bedroom homes, some with downtown views.
Studios come just under 400 sq ft in [...]

The Seattle Times reported that King County condos have surpassed single family homes in appreciation during the first half of this year. Condos now make up 25% percent of the total home sales in the county.
Condo Appreciation Rates for selected neighborhoods:

Source: Seattle Times
SHARETHIS.addEntry({ title: “2005 Condo Appreciation Rates”, url: “http://seattlecondosandlofts.com/2006/07/2005-condo-appreciation-rates” });