MLS Watch. Increases at Noma

Here is what has been going on for the last five days…

Random action

1009 Western Ave #1102 (Waterfront Place) – $750k. No doubt the views are spectacular but what does the inside look like? I also don’t getting this marketing comment: Sold for over $50K LESS than the market value!

505 Belmont Ave E #502 is a 720 square foot unit that just came on the market at $375,000 in one of Seattle’s first condominium complexes originally built in the ’60s. On Sunday I had dinner in a penthouse unit in it’s sister building to the north. The view from #502 is certainly nice but the view from the 11th floor of the other building was spectacular.

2200

More price reductions in South Lake Union. Still 26 active listings.

910 Lenora St #S703 – $20k drop to $579,900

2121 Terry Ave #N1605 – $50k drop to $1,145,000

Carbon 56

Lots of units coming on the market. Find the 10 on the MLS. Notable action at the building this week is unit #305‘s increase $10k to $334,950.

Noma

I heard sales were picking up at Noma but still I was a little shocked to see so many price increases this week:

#415 – $30k increase to $454,950

#315 – $30k increase to $444,950

#302 – $20k increase to $494,950

#615 – $15k increase to $484,950

#516 – $17k increase to $503,950

#515 – $30k increase to $464,950

#402 – $20k increase to $504,950

#506 – $5k decrease to $359,950

Reductions reductions reductions

More reductions in my search areas than increases.

1550 Eastlake Ave E #103 – $10k drop to $414,950

2801 1st Ave #816 – $20k drop to $549,500

900 Aurora Ave N #302 – $10k drop to $424,975

2111 E John St #304 – $50 drop to $299,950

530 Melrose Ave #610 – $9050 drop to $249,950

2700 4th Av Ct #604 – $5k drop to $274,500.

1420 Terry Ave #906 – (The Meridan). $10k drop to $345,000.

Increases

731 Harvard Ave E – $25k increase to $1,950,000. This unit has been on the market 578 days.

About Matt

Matt , Urbnlivn's publisher, has a love for lofts with industrial features and new construction condos that is only eclipsed by his passion for outdoor sports and urban living. Phrases such as “polished concrete” and “exposed brick” are music to his ears. You can also find Matt on Twitter or skiing.

  • jcricket

    What’s the psychology behind price increases for something that’s been on the market almost 2 years? I know those Harvard townhomes are super-nice, but seriously? If it hasn’t sold at $1.9m is it going to sell at $1.95?

    What were they thinking?

  • jcricket

    What’s the psychology behind price increases for something that’s been on the market almost 2 years? I know those Harvard townhomes are super-nice, but seriously? If it hasn’t sold at $1.9m is it going to sell at $1.95?

    What were they thinking?

  • http://blog.mattgoyer.com Matt

    I have no idea. I’d love to here some of the agents’ thoughts on it though.

  • http://twitter.com/mattgoyer mattgoyer

    I have no idea. I’d love to here some of the agents’ thoughts on it though.