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! Update: Marie at Redfin Sweet Digs blogged about this unit too.
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. Update: Marie at Redfin Sweet Digs blogged about this unit too.
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.
Popularity: 25% [?]
2 responses so far ↓
1 jcricket // Mar 6, 2007 at 12:56 pm
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?
2 Matt // Mar 6, 2007 at 1:16 pm
I have no idea. I’d love to here some of the agents’ thoughts on it though.
Leave a Comment