Tag: Seattle Condos
Area Projects Pick Up Marketing Awards
The National Sales and Marketing Council announced its 2008 “The Nationals” Gold Award winners this past Wednesday in 59 categories. The awards honor new-home sales and marketing homebuilders, developers, associates, and consultants. From among the 1,400 entries, Seattle winners were represented by Escala and Veer Lofts (Vulcan): Best Buyer Retention Program – Escala Best Sales…
January Market Update
Seattle’s condo market continues to exhibit a state of flux. Last month the condo median price dropped .49% to $305,000 compared to January 2007, the first year-over-year decrease in over 24+ months. Compared to December, the median price was down 4.7%, though typically the median price in January is lower than December. As anticipated, the…
Conversion Spotlight
Queen Anne The Newbury Etruscan (website) is a small conversion project on the North side of Queen Anne at 49 W. Etruria. Originally built in 1968, the project features only 8 condominium homes comprised of 6 one-bedrooms about 680 sq ft in size and 2 two-bedrooms that are 860 sq ft. All 8 units are…
NWMLS 2007 Condo Highlights
The NWMLS just released its Brokers Report on 2007 home sales. Here are some highlights pertaining to condos: The NWMLS reported $32.3 billion in total home sales in its 19 county territory. Just about one-half of that dollar volume, $16.5 billion, was realized in King County. And, of the $16.5 billion, $13.4 billion were single…
New Look for Heron / Pagoda Towers
There’s a new look for the Heron/Pagoda project at 5th Avenue between Virginia and Stewart Streets in downtown. The most current renderings indicate a twin-tower design, which interestingly enough, will be directly across from the Westin Hotel’s twin-towers. Between the Westin & Escala (foreground) Note: A 2nd design guidance meeting has been scheduled for this…
Forte Condominiums – Pinehurst
The Forte Condominiums (website) is currently celebrating its grand opening in the Pinehurst neighborhood located in North Seattle. Forte, a 4-story conversion, features 48 one-bedroom and two-bedroom homes that range in size from 564 sq ft to 1,400 sq ft for the penthouse suites. All homes surround a large light-filled central courtyard. Currently, one-bedrooms start…
The Other Shoe Drops – Domaine
According to the Daily Journal of Commerce, Intracorp has offered Domaine up for sale as apartments. The project is listed for sale on the Moran & Co. website, view listing here. In response to questions about the listing, Intracorp said, “Domaine has not been sold and we are currently selling condos and townhomes” in the…
Project Happenings
The Maris – revamped its website and opened its sales office, but only on the weekends (Friday – Sunday, 12-6 pm). Homes start at $419,000. Noma – has an interesting promotion going on through Feb 29th. For buyers using the preferred lender, Noma will (1) match any price decrease (%-based) and pay float down on…
