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Home / Market Report / Seattle New Construction Update: 48 Units Left, 370 Coming

Seattle New Construction Update: 48 Units Left, 370 Coming

By November 23, 2013

Market Report

Last we checked in August there was 58 new construction condos for sale. Checking today we’re down to 48 new construction condos left on the market that you could buy and move into. There are also 370 condos that are not yet built but are being marketed.

Still Selling

Escala — 92.5% Sold
269 Units, 249 Closed, 4 Pending, 16 Available

The Residences at Fairview – 5% Sold
21 Units, 9 units in phase 1, 1 Sold at Presale, 8 Available

Fifth and Madison – 99% Sold
126 Units, 1 Remaining
Notes: Unit #2304.

Four Seasons Private Residences — 69% Sold
36 Units, 25 Closed, 0 Pending, 11 Available
Notes: Still waiting on an update from the sales team. These numbers are from April but I don’t see any recent sales.

Pontedera – 92.5% Sold
94 Units, 87 Closed, 2 Pending, 13 Available

Coming in 2014

Insignia Towers Phase 1 – 14% Pre-Sold
350 Total Units – 50 pre sold

Solo Lofts
20 Units – 125 reservations

Things you should know:

  • The numbers only include inventory of new construction 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
  • I’m not yet counting coming soon projects that haven’t start marketing
  • If I made a mistake or forgot something, drop me a line at [email protected]. I will correct it and update the post.

I own and manage Urban Living, a boutique Seattle and Bellevue real estate brokerage. I love lofts, floating homes, new construction, and mid-century moderns, but I will help you buy or sell just about anything!

Get in touch to:

  • Understand the market
  • Find your perfect home
  • Sell your home

Contact:

206-203-6242