On this 17th day of December my editor said to me: 29 sales last week in the slump month? Obviously sales aren’t solid as Matt has reported last week, but big sales are still coming through, with two in Olive 8 last week over $450k, and a $1.7 Mil sale in Fifteen Twenty One. Seven… Read More
Happy November! As you are getting ready for the onslaught of holiday decorations taking over your local stores this weekend, also take the time to check out some of the 35 open townhouse and condos for sale around Seattle. 501 Roy Street Unit C217 Open House: Sunday, Nov 4, 1-4:00pm Just listed on Redfin, this… Read More
It is slightly later in the day than I usually query for last week’s sales but I’ll do it anyway: 27 condos and townhouses sold in Seattle. Escala represented yet again for new construction condos by selling a 1 bedroom (#1409 for 426K), and then there were a few notable resales. 530 Broadway Ave #126… Read More
What a difference a week (and less snow) makes! Last weekend, as the snowpocalypse was calling it a wrap there were 33 open houses scheduled; however, this week you have 81 condos and townhouses to choose from in Seattle. And a fair amount of newly listed properties including a unit at Queen Anne High Condos, Brix,… Read More
This Brix loft is bigger and asking more per square foot than the 1-bedroom loft listed in November ($436 vs $415). The newest listing is 2 bedrooms, 2.5 baths, 1,171 square feet and priced at $510K.
Ah, the final weekend before we have to admit that people might have more pressing things to do like holiday gift-buying and holiday partying. Following are three not-to-miss open houses for the weekend — of 72 condos and townhouses being shown — before you get sucked into the winter/holiday vortex. Bagley Lofts (4422 Bagley Ave… Read More
Two interesting new listings have popped up in the past couple of days: a unit at Veer Lofts and one at Brix. Veer — 401 9th Ave N #402 1-bedroom, 1-bath, and 870 square feet for $280K. I’m a bit surprised at the price. $321/sf is lower than any other Veer loft has sold for… Read More
Just over two months ago, I did a roundup of new construction condo inventory in Seattle. It seems about time to check in and see where things stand now. Last time I said that inventory was 69% sold overall; however, I missed a few properties in my roundup. So after adding those in (including several… Read More
While I was downhill mountain biking at Whistler last week the Times reported that Schnitzer [sold] two big properties for more than $300M. One of them being failed condo project Equinox which converted to apartments just a year ago: Schnitzer got another $65 million for Equinox, a recently completed 204-unit apartment building in Seattle’s Eastlake… Read More
A top floor resale at Brix has hit the market, unit 327 for $500,000 for a 974 square foot two bedroom. The seller paid $540,000 in September 2008. They’ll face competition selling the unit as there are still 27 units available according to King County Records: Current average appraisal: $430,882 You must have JavaScript enabled… Read More
Better hurry is the tone of Brix’s latest email blast: Inventory is dwindling at Brix, where just 26 homes remain for sale. In addition, the community of brownstones, flats and lofts in Seattle’s Capitol Hill neighborhood is now approved for FHA loans with 3.5 percent down. “Now that we have FHA approval, homes are selling… Read More
Free beverages and appetizers December 18th from 4 to 6 pm at Brix townhome #128. Check out thenew releases
Deals for the Gallery and Brix auctions were supposed to close by October 27th so I went digging through the King County Property records this week to get the skinny on what closed, and found some surprising results. Brix has closed on only 15 of 36 units auctioned, and Gallery has closed on 25 out… Read More
Brix is having a happy hour November 20th, 5-7 PM, if you’re looking for some free eats. Apparently they’re selling well having sold 48 homes in 30 days (this was five days ago.) Here are their “new releases“.
According to a mailing from Brix they got 5 homes under contract this week. Guess some folks were bummed they lost out at the auction!
Thanks to Chels for the heads up on this blast from Brix on their repricing:
There’s some interesting stats in the Brix & Gallery auction press release put out by Schnitzer West’s PR firm: Sold nearly $30 million of real estate The average sale price sold at Brix was $326,000 The average sale price of Gallery was $397,000 3,300 total site tours over 420 active bidders Though I don’t think… Read More
Wow, 80 units sold in one day. It was a busy day at the Grand Hyatt! Brix had all 36 condos sell: Spreadsheet of the results [xlsx]* 68 minutes ~200 bidders $344 to $500/sq. ft. Average $409 63% to 81% of “previous list”. Average 70% $235k to $471k Redfin stats for Capitol Hill: Aug median… Read More
Here are the results from the Brix auction: Brix auction results [xlsx]. (Thanks to team Redfin for counting bids!) It went by FAST. They sold all the units in 68 minutes. So if you can help fill in the gaps please leave a comment. All condos sold, ranging from $344/square foot to $500/square foot. There… Read More
This afternoon I went with a friend of mine to check out the Brix auction. It was a busy place as they had free food and chocolate and a DJ rocking the lobby (I’m sure the residents were hating it). I think their marketing was a little off as they were advertising it as a… Read More
