The last time we checked in on new construction condo inventory was back in July, and before that in May. In May inventory looked to be 75% sold, then the needle shifted to 77% in July, and now the properties tracked in this list are 81% sold in all.
As for what’s gone down the past three months? Approximately 74 condos have closed across all the properties and there’s a fair amount of “sold out” in the air. 1350 Alki sold out in August, Trace Lofts officially closed its last developer-owned unit in September, and more recently Gallery and Trace North each have a single unit pending before ka-blam-o! Sold out. And let’s not forget Enso with one condo remaining to sell.
1350 Alki — 100% Sold
(10 Total Units, 10 Closed, 0 Pending, 0 Available)
200 West Highland — 100% Sold
(25 Total Units, 25 Closed, 0 Pending, 0 Available)
5th and Madison — 100% Sold?
(126 Total Units, 126? Closed, 0 Pending, 0? Available)
Brix — 100% Sold
(141 Total Units, 141 Sold, 0 Pending, 0 Available)
The Danielle — 55% Sold
(31 Total Units, 17 Closed, 2 Pending, 12 Available)
The Decatur — 86% Sold
(146 Total Units, 125 Closed, 1 Pending, 20 Available)
Eleven Eleven East Pike — 81% Sold
(27 Total Units, 21 Closed, 2 Lease Option, 1 Pending, 2 Available)
Enso — 97% Sold
(134 Total Units, 130 Closed, 3 Pending, 1 Available)
Escala — 42% Sold
(265 Total Units, 112 Closed, 25 Pending, 128 Available)
Fifteen Twenty-One Second Avenue — 81% Sold
(143 Total Units, 116 Closed, 2 Pending, 25 Available)
Four Seasons Private Residences — 69% Sold
(36 Total Units, 25 Closed, 0 Pending, 11 Available)
Gallery — 99% Sold
(233 Total Units, 232 Closed, 1 Pending, 0 Available)
Hjarta — 67% Sold
(79 Total Units, 53 Closed, 1 Pending, 25 Available)
Harvard and Highland — 74% Sold
(38 Total Units, 28 Closed, 0 Pending, 10 Available)
Marselle — 73% Sold
(132 Total Units, 96 Closed, 4 Pending, 32 Available)
Olive 8 — 64% Sold
(229 Total Units, 146 Closed, 4 Pending, 79 Available)
Trace North — 99% Sold
(100 Total Units, 99 Closed, 1 Pending, 0 Available)
Trace Lofts — 100% Sold
(42 Total Units, 41 Closed, 0 Pending, 0 Available)
VEER Lofts — 100% Sold
(100 Total Units, 100 Closed, 0 Pending, 0 Available)
Things you should know:
- The numbers only include inventory of new sales in these buildings, some may very well have resales on the market that aren’t reflected.
- % Sold = Closed/Total
- There’s a ? next to 5th and Madison because we still think there might be a developer-owned property in there but don’t really know for sure.
- Numbers for Escala and Danielle are my best guess-timations since JLS never got back to me. If you have more accurate numbers then by all means chime in.
- Also, Decatur is no longer under the Realogics umbrella so those numbers are a best guess as well.
Disclaimer: Olive 8, Eleven Eleven, 1521, and Trace North are Urbnlivn advertisers.
About katrina