urbnlivn, a seattle condo & real estate blog

Gallery Slashes Prices

March 12th, 2009 · View Comments · By Matt

Gallery

Lots and lots of price reductions this week, too many to list, ranging from $20k up to $90k.

384954944 DQKD9 S Gallery Slashes Prices

For example #409 went from $295,000 to $275,000 making it a reasonable $456/Sq. Ft. On the other extreme, #114 went from $739,990 to $635,000.

Gallery isn’t the only one reducing prices, many other Williams Marketing buildings also cut prices:

Brix

Dropped the price of at least 6 units. Including the price on model unit #240, staged by Jon Roschelli, went from $659,990 to $595,000.

Leona

Dropped the price of #10 $50k down to $650,000. And took $200k off of 1-A to bring it to $1,395,000 (maybe they need to actually post some photos of this unit.)

Ruby

Dropped the price on a few units $20k. For instance #205 went from $269,990 to $249,990 and at 703 square feet is priced at $356/Sq. Ft.

Bonus Link: Urban Ashley compares Seattle condo renderings to the real thing.

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Tags: Brix · Gallery · Leona · Ruby Condos

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View Comments so far ↓

  • 1 nitsuj // Mar 14, 2009 at 10:09 am

    I'm so confused….I thought real estate never went down??

  • 2 Rick // Mar 14, 2009 at 9:36 pm

    Any word on Marselle project? It's almost done and the pricing should move lower I would think.

  • 3 Rick // Mar 15, 2009 at 4:36 am

    Any word on Marselle project? It's almost done and the pricing should move lower I would think.

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