Update: New Construction Inventory

It has been way too long since we last checked in on new construction condo inventory!

Art Stable
7 Total Units, 6 Closed, 1 Available

The Danielle — 83% Sold
31 Total Units, 26 Closed
Notes: no longer selling. 5 units are to be rented

The Decatur — 91% Sold
146 Total Units, 133 Closed (4 this year), 7 Pending, 6 Available

Eleven Eleven East Pike — 93% Sold
27 Total Units, 24 Closed, 1 Pending, 1 Available, 1 lease option

Escala — 68% Sold
265 Total Units, 180 Closed (51 this year), 85 Available
Notes: they expect to have 90% of the building sold by the end of the year

Fifteen Twenty-One Second Avenue — 90% Sold
143 Total Units, 126 Closed (10 this year), 2 Pending, 15 Available
Notes: 4 resales this year that totaled more than $7.6m. Resales have realized a tidy profit of an average of 10% above their original purchase price.

Four Seasons Private Residences — 69% Sold
36 Total Units, 25 Closed, 0 Pending, 11 Available
Notes: one unit is under negotiation

Hjarta — 67% Sold
79 Total Units, 53 Closed, 1 Pending, 25 Available – Waiting on an update from Oct #’s

Harvard and Highland — 97% Sold
38 Total Units, 35 Closed, 2 Pending, 1 Available

Marselle — 73% Sold
132 Total Units, 96 Closed, 4 Pending, 32 Available – Waiting on an update from Oct #’s

Olive 8 — 77% Sold
229 Total Units, 156 Closed, 21 pending, 42 Available
Notes: 20 new purchases since March 1st incl. all penthouses – enitre 38th floor taken off the market

Pontedera – 32% Sold
94 Total Units, 24 Closed, 6 Pendings, 64 Available
Notes: In 2012 there have been 9 sales as of May 3, 2012. Three of which have closed the remaining six are pending. The totals above don’t include the 8 live/work of which 4 are sold.

The Sanctuary — 67% Sold
12 Total Units, 4 Closed, 4 Pending, 4 Available
Notes: 2/3 of units have been purchased since debutting on Jan. 28

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.
  • When I didn’t get a pending number I calculated closed sales as Total-Available
  • % Sold = Closed/Total

Update:

  1. Posted updated to reflect two units that went pending at Harvard & Highland yesterday.
  2. Added Art Stable
  3. Updated Olive 8, Harvard and Highland, 1521 and Eleven Eleven East Pike with updated numbers
  4. Added The Sanctuary

Disclaimer: Some of the above are Urbnlivn advertisers.

About Matt

Matt , Urbnlivn's publisher, has a love for lofts, floating homes and mid-century moderns.

For years Matt resisted becoming a real estate agent preferring to be an executive in the startup world but he recently caved in the spring of 2014 and became an agent.

You can also find Matt on Twitter or skiing.

  • Jae

    Wrong Stats on Danielle. 26 sold and closed. 83%. seller keeping 5 probably renting.  Thanks

  • http://twitter.com/mattgoyer mattgoyer

    Thanks for the correction!

  • Xyz

    How can those 1521 numbers be accurate? Look at the Seattle Bubble post – several people have taken million dollar haircuts at 1521 when they tried to sell?

  • JfMax

    Any news on Viktoria?

  • http://twitter.com/mattgoyer mattgoyer

    Sorry, I’m not familiar with that project. Whereabouts is it?