Condo odds and ends
Updates and happenings at One Main Street, Canal Station, Gallery and Veer Lofts.
WestWater rentals
The WestWater, a recent condo conversion development in West Seattle is going back to its old roots, sort of. With 45% of the units unsold, the developer took them off the market last week and is now renting them out.
NoMa fact check
NoMa sent the following mass email out exclaiming “Closeout Pricing” and claiming they have the best prices in Ballard for new two-bedroom condo homes and to compare their prices with two other new developments. So, I figured it’s fair game to take them up on their suggestion.
August 2008 Seattle Condo Performance
The condo market results in August continue to exhibit the fluidity of Seattle’s condo market. The citywide condo median price rose 3.3% in August to $310,000 compared to July, though it’s down 5.3% compared to August of last year.
Row 5 and McGraw Townhomes
Two new townhome developments on Capitol Hill and Queen Anne were recently completed offering atypical designs, higher quality materials and craftsmanship, yet are being offered at a mid-range price point.
Leona Open House Event
The Leona Condominium on Queen Anne will host an open house event on Saturday 9/13 and Sunday 9/14 from 11 am to 6 pm. Leona is a mix of the old with new. The development preserves the original 1909 structure along with the addition of a new penthouse level on top as well as townhomes…
Conversion Spotlight
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.
Privacy and comment policy revision
TSCB’s privacy and comment policy has been revised to clarify appropriate comments and identify comment spam.
Recent Price Adjustments
Recently, a number of condo developments, both new and conversions, adjusted prices downward. Here’s a list of those that have dropped prices in the past few weeks.
Ten Twelve First Avenue (1012 1st Avenue)
Ten Twelve First Avenue is a proposed 35-story hotel/condo development in downtown designed by acclaimed New York architect, Ismael Leyva. Not much is known about this project but two penthouse shell listings just hit the NWMLS.
