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Sales Update: Insignia 84%, Luma 30%, Vik 91%, Girdiron 15%

By February 3, 2016

Market Report

Insignia Seattle

We checked in with all the new construction projects (or the MLS) and heard back from all except Luma to get you the updated below. We get the most questions about Insignia. Sadly, there are no cheap units left! The cheapest unit is a 2nd floor two bedroom for $733k. The second most frequent question is if any of these projects will negotiate on price or offer other concessions, and our experience is that there is no negotiating, sales are moving briskly enough!

Selling Now

Fort Lawton 92% pending + closed – Montana Circle
13 houses, 4 closed, 8 pending, 1 coming soon (+8 since last month)
Move in date: as they sell

Fort Lawton – Officer’s Row
13 houses coming soon
Move in date: 2016

Gridiron – 15% reserved
107 units, 16 reservations (+1 since last month)
Move in date: 2017

Hyde Condos – 16%
32 units, 5 pre-sale (+2 since last month)
Move in date: fall 2016

Insignia North Tower – 82% pending
348 units, 284 pending (+9 since last month)
Move in date: summer 2016

Insignia South Tower – 87% pending & closed
350 units, 3 in escrow, 300 closed (+3 closed since last month)
Move in date: now

Luma – 30% pending
168 units, 51 pending (we did not receive an update from Luma)
Move in date: 2016

Residences at Fairview – 67% sold
21 units, 7 pending, 7 closed
Note: sales on hold for now, will resume when phase 2 homes are finished later this year

Vik Ballard – 91% pending + closed
117 units, 107 pending + closed, 10 available
Move in date: Now

Possibly coming soon

Urban Green Villa
116 units
Notes: hasn’t broken ground yet

Rumored