Posted in Condo Market Data, Real Estate on May 5th, 2008
April’s performance figures released by the NWMLS exhibited further softening of Seattle’s condo market. The median price for Seattle condos (citywide) was $312,500, a .8% decrease from a year ago and a 5.3% decrease from March’s record high of $329,975.
The available condo inventory rose to 1,572 active listings April. Combined with slower sales […]
Posted in Belltown Condos, Real Estate, Seattle Condos on May 1st, 2008
Another Belltown condo project
The Schuster Group, developer of Mosler Lofts, purchased the site just south of the Bellora according to the DJC. Earlier proposals for the site included a mid-rise apartment and condo projects. At one point one of the proposed projects was called “Bellora 2″.
Schuster’s current plans for the site is a […]
Posted in Denny Triangle | Midtown, Real Estate, Seattle Condos on Apr 30th, 2008
Olive 8 held a hard hat tour event at the construction site today to show off the building’s progress (I had a prior commitment and was unable to attend). Fortunately, Megan Hilfer of Parsons PR, was kind enough to share a few photos from the event which I’ve posted below.
When completed, Olive 8 will […]
Posted in Conversions, Real Estate on Apr 30th, 2008
The City’s Edge Condominiums (website) is a new, gated conversion community nestled within 4-acres of protected greenbelt just 7 miles from downtown Seattle.
The development features 45 condominiums in 7 buildings which consists of 17 one-bedroom, 23 two-bedroom and 5 three-bedroom homes. Most of the homes are corner units that range in size from […]
Posted in Denny Triangle | Midtown, Real Estate on Apr 25th, 2008
Clise Properties has taken its 13-acres in Denny Triangle off the market due to the global credit market downturn. Clise received 15 offers and conducted 60 tours with the most serious offer coming from a Dubai-based real estate development company.
Clise is expected to put the properties back on the market once the financial markets […]
Posted in Capitol Hill, Real Estate, Seattle Condos on Apr 23rd, 2008
The Montage (website) is the newest condominium addition to the Pike/Pine corridor on Capitol Hill. The 6-story, 23-unit building is located at 1422 Boylston Avenue, just around the corner from the HoneyHole.
Montage includes a mix of open one-bedroom, one- and two-bedroom homes ranging in size from 661 to 1,121 square feet. Homes on […]
Posted in Condo Market Data, Real Estate on Apr 8th, 2008
Last month’s market performance figures reflected continued confidence in Seattle’s condo market. The city-wide condo median price rose to a high of $329,975, a 4.1% increase over the same period last year, reversing a two month slide. The condo inventory supply, or absorption rate, decreased for the second consecutive month while the […]
Posted in Real Estate on Apr 5th, 2008
With attention focused on Seattle and Bellevue’s condominium boom, Tacoma’s downtown district has quietly undergone its own residential revival with a number of new condo developments. Not surprisingly, several of Tacoma’s condo developments rival those found in Seattle in terms of luxury, styling and price tag.
To show off these new developments, Bonneville International (KIRO […]
Posted in Bellevue Condos, Pre-Sales, Real Estate, Seattle Condos on Apr 3rd, 2008
The Seattle Condo Tour (website) is taking place this coming Saturday and Sunday, April 5th & 6th. The tour starts at 11:00 AM from Fisher Plaza at the corner of 5th Avenue & Denny Way. Additionally, seminars will be held both days during tour hours at Fisher Plaza.
The Bravern (website) will be celebrating […]
Posted in Downtown | Pioneer Square, Real Estate on Mar 28th, 2008
The DJC reported today that the parcel on the NW corner of 2nd Avenue & Virginia (next to Cristalla) has been put up for sale. Property owner, Columbia West, is hoping to sell the lot and purchase income producing properties. Though, if the parcel does not sell, word is that Columbia West will […]
