September 2009 Seattle Condo market update
Seattle’s condo market kept churning through September even though the citywide median price fell to $259,250. The number of properties going under contract and closed increased over August, while available inventory and the condo supply rate decreased.
Lakeview Lofts receives LEED Platinum certification
Lakeview Lofts townhomes receives LEED Platinum certification, one of the few townhome developments in Seattle to obtain the coveted green building certification.
Brix and Gallery Condos post-auction pricing
Brix has released a limit number of homes for sale. The prices appear to be comparable with the auction sale prices
Brix and Gallery Condo Auction Results
The Brix and Gallery auctions sold relatively well with selling prices averaging about 69% of the last offer prices and per square foot prices averaging around $424.
Bellevue’s European Tower presses forward
GIS International announced it’s moving forward with its unique European Tower condo development in downtown Bellevue.
Decatur Condos bulk sale
First Hill’s Decatur Condominium will sell its remaining units though a bulk sale program, an auction alternative, offering discounts from 25-35% below original list prices.
Olive 8 Condo receives LEED Silver certification
Olive 8 has been awarded Seattle’s first LEED Silver certification (hotel/condo) by the U.S. Green Building Council.
August 2009 Seattle condo market update
The median Seattle condo price inched up 3.8% to $280,274 last month. Though that’s still below last August’s median price by 9.6%, the year-over-year gap continues to narrow.
Gallery & Brix Condo Auctions
Brix and Gallery Condominiums are heading to auction on September 27th with 83 homes available. Minimum bids start from $165,000.
