Trace Lofts Frenzy

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Word is that Trace Lofts #202 is going to go pending later tonight or tomorrow. After 3 days on the market there were 19 offers, the winning one all cash. Even I had five different people reach out to me about it. Many asking about the noise at 12th and Madison (my answer, get a… Read More

Holiday Weekend Predictably Slowed Sales

1135 n 94th st

Last week as expected, the holiday weekend took a tole on sales, with only 18 total sales around town. Two 1 bed 1 bath units sold at the Olive 8, and 1 unit at Escala. A top floor unit at the Trio in Belltown sold, as well as a few units in the Fremont and… Read More

Trace Lofts or Trace North?

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This past week two good looking places came up at 12th and Madison. Both priced below what they sold for brand new in 2008. The first, is a penthouse unit at Trace North featuring a custom built staircase to a loft area. Priced at $350,000 it is 726 square feet. Downside is, no view. It… Read More

Interesting Sales Last Week

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Seattle saw 21 closed sales last week in condos and townhouses. Notables included resales at Trace North, Cristalla, and a trio of sold townhouses at Fremont 6. 1414 12th Ave #419 A 614 square foot 1-bedroom at Trace North sold for $225K ($366/sf). Last purchased less than a year ago for $248K and took less… Read More

Interesting Sales Last Week

There were 23 condos and townhouses that sold last week. Five of those were developer-owned, new construction condos and we really should take a closer look at that action. It is starting to look like a parade of sold out. Matt posted yesterday that the last unit at Trace North is finally closed bringing the… Read More

Trace North & Trace Lofts Sold Out

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After four and a half years the condo complex we call home, Trace North and Trace Lofts, are sold out! As a homeowner I wanted to Trace to sell out much sooner, but with our economy spiraling down the toilet it has taken much longer than I’m sure any of us would have guessed! As… Read More

Update: New Construction Condo Inventory

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… Read More

One Left at…

Over the weekend, the Seattle Times had a write-up on Chris Rogers of Point 32. It describes Chris Roger’s past and current projects, but it also reminded me that there’s only one left at Point 32’s completed South Lake Union development, Art Stable. You know where else there is only one unit left for sale?… Read More

Interesting Sales Last Week

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In the past week, there were only 14 closed sales in condos and townhouses across Seattle which is a pretty far cry from the 40 of the previous week. Worth noting is a resale in the Harvard Belmont District and a resale at Trace North in the Pike/Pine. 905 Harvard Ave E Urbnlivn took note… Read More

Interesting Sales Last Week

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Seattle closed 40 sales in condos and townhouses last week. Not a bad count for the week, Seattle. Not bad at all. The last time weekly sales totaled numbers higher than the 20’s or 30’s was the first week in July. So what sold last week? In new construction, the following inventory moved: Trace North… Read More

Interesting Sales Last Week

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Seattle closed on 35 sales in condos and townhouses last week. Besides the notable $3M sale at 1521, new construction condos also closed at Trace North (#203), Gallery (#816), Olive 8 (#2810), and two at Escala (#503 & #1001). In terms of resales… 401 9th Ave N #103 A ground floor, 2-story unit at Veer… Read More

Interesting Sales Last Week

Escala B layout

Seattle closed 18 condo and townhouse sales last week. That’s not a lot :). Following is a look at the five new construction condos that closed – a couple located downtown and a run of second floor units on Capitol Hill. Escala #1204 Downtown’s Escala sold a 910 square foot condo on the 12th floor… Read More

Check In: New Construction Condo Inventory

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

Trace Loft #407 Still Available, Open House Sat/Sun

That pending sale on May 17 didn’t go through so #407 at Trace Lofts is still on the market for $325K. Same price, same bat channel. Here’s what is new though – the sales team. Eric, Carlene, and Gina at Gerrard Beattie & Knapp have been signed on for the end game of the Trace… Read More

Interesting Sales Last Week

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25 condos and townhouses sold last week in Seattle. In new construction condos, the “Sold” meters ticked up by one at Trace North (#401) and Harvard and Highland (#6), while Olive 8 closed on two (#3004 and #2907). And then there were these notable sales: 744 Harvard Ave E #200 On the north end of… Read More

Interesting Sales Last Week

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There were 27 closed sales in Seattle’s condo and townhouse market last week. After last week’s round-up of new construction condo inventory, it seems that the following units moved from the ‘pending’ column to the ‘sold’ column: Trace North #320 and #420 – both 1-bedroom condos that closed for $425/sf and $417/sf respectively. Enso #505… Read More

New Construction Condo Inventory

When new construction condos went all gangbusters a couple weeks back and closed nearly half of the condo and townhouse sales that week, it seemed like a good time to do an inventory round-up to see what’s left to buy in Seattle. And when you think about remaining inventory, you can’t help but think about… Read More

Interesting Sales Last Week

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Of the 26 condos and townhouses that closed last week, there was nearly an equal split between new construction sales and resales. I don’t specifically measure the ratio each week but as I scrolled through the list, it struck me that it seems like a higher ratio of new construction than usual. New Construction The… Read More

Interesting Sales Last Week

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Last week, 40 sales of condos and townhouses closed in Seattle. I must say, it’s nice to see new construction condo sales monopolizing this list today. The luxury condominiums of 1521 and 200 West Highland closed two sales apiece last week. 200 West Highland is pretty much sold out with one final condo pending, while… Read More

Interesting Sales Last Week

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There were only 14 43 closed condo and townhouse sales in Seattle last week. Surprisingly, that still included multiple sales at Trace North and 1350 Alki. Details follow. 1350 Alki Ave SW Units 5S and 2N at this Alki condo building closed last week for $570K and $477.5K respectively. Built in 2008, it looks like… Read More