Real Estate
Jackson Square Condos – Pioneer Square
Joining the Nord, Jackson Square Condos (website) is the latest boutique conversion in Pioneer Square at 121 S. Jackson Street. The building, known as the Jackson Square Building, was originally constructed in 1902 for James McKinley who operated a blacksmithing and machinery repair shop. Through the years, it has also housed supply and furniture stores…
North Seattle Condo updates
Max Condos – Greenwood The Max conversion in Greenwood just released an updated website with floor plans, features and some area businesses. It appears the website is still under construction. Max is located near the Evanston and Sapphire condo projects, just north of 85th. Fini – Phinney Ridge Fini reports that they are framing the…
Vida Condos – Bellevue
Update Oct 2008: Tonsing Development is proceeding on the project as an apartment rather than a condominium. With most of Bellevue’s new condo developments focusing on the very high-end market, it’s refreshing to see a developer offering a more reasonably priced option for condo buyers. Proposed by Colorado developer Tonsing Properties, the Vida Condominium (website),…
2nd Quarter 2007 Condo Update
With the exception of Northeast Seattle, the 2nd quarter 2007 figures exhibit an active condo market and healthy growth rate, compared to the same period last year. City-wide, the median price increased 8.4% with a 23.2% increase in units sold. However, not reflected in the figures below was a 46% increase in city-wide new listings…
June Seattle Condo Market Update
Seattle’s condo market continued to show growth through June. Compared to a year ago, city-wide median prices for condos increased 9.9% to $301,950 along with a 6.5% increase in closed unit sales. Queen Anne, Capitol Hill, North Seattle and West Seattle realized a double-digit increase in median price over the prior year. While the year-over-year…
The Friday Round-up 6/29
Landes I previously reported that the developer of Landes on First Hill, Harbor Properties, was feeling out the market to determine whether to develop the project as condos or apartments. Now, it appears Landes will, indeed, be apartments. This is the third formerly proposed condo project to opt for other uses. Goodwill Property The Supplemental…
Art House – Belltown Condo | 2334 Elliott Avenue
The Art House (website) is the latest new-construction condominium project in Seattle’s Belltown neighborhood. Art House is being developed by The Pauls Corporation of Colorado whose previous Seattle project was the Bolero on First Hill. Located at 2334 Elliott Avenue at the corner of Battery & Elliott, the 9-story Art House will feature 120 one-…
Conversion Conundrum
The condo conversion market is continuing to feel the effect of a softening market. In the past few weeks a number of notable conversion projects have taken price reductions ranging from $5,000 up to $30,000 with most of the reductions being around $10,000 to $15,000. Some are offering other incentives for both the buyer (buyer…
The Friday Condo Round-Up 6/22
Stadium Lofts Stadium Lofts announced they’ve partnered with Williams-Marketing who will manage the marketing and sales of the 66-unit project next to Qwest Field. Ground breaking is scheduled for January 2008. Townsend Townhomes Townsend Townhomes report their model home is now open 11 AM to 6 PM daily except for Tuesday. Townsend is a…
Ballard Condo Conversions
The Northlake Group (website) recent converted several projects in the Ballard area. I haven’t personally seen these yet, but from the MLS photos, the developer has done a nice job with the renovations and finishes. 1430 NW 59th Street (map) A 6-unit boutique condominium, originally constructed in 1968, the homes have been extensively renovated. Interior…