Wow, what a weekend. I hope you take the time to get your fill of the shiny, new condo project at Sanctuary because that is likely to be the only one we see this year. Drink it in (we sure are). In other news, only 13 condos and townhouses sold last week. Notables include: Escala… Read More
Only 10 condos and townhouses sold last week in Seattle; however, there are a couple of resales to peruse. 1610 Belmont Ave #210 Listed on Dec 1, this 670 sf, 1-bedroom condo at the Press went pending in four days and closed last week for $252K. That was quick :). 1521 2nd Ave #1101 A… Read More
Of the 55 condos and townhouses offering open houses this weekend in Seattle, there are a couple of newer listings that you might want to check out. Or you can head to the Malden 8 pre-sale preview or the home tours in Mount Baker or Madrona that we put on your radar earlier this week…. Read More
Seattle has 67 condos and townhouses offering open houses this weekend. Urbnlivn’s picks include fairly new-to-the-MLS at the Press and Cosmo, plus a recently price-reduced unit in Belltown’s Austin Bell building. 1610 Belmont Ave #311 Sunday, 1-4PM This 2-bedroom, 2-bath and 910 square foot unit at the Press was listed this week for $330K –… Read More
An Urbnlivn reader wrote in wondering about the Press on Capitol Hill, which unfortunately I haven’t heard much about recently. Can anyone help them out? I am currently looking at a unit in the Press building. I read your review on the building when the units were first placed on the market but thought I… Read More
Yesterday Redfin switched to a new data source, giving you a more complete view of the foreclosure market. When you do a search on Redfin, select the option for Foreclosed homes to map the shadow inventory. As Redfin explains, shadow inventory is made up of “homes that have been foreclosed upon by the banks, but… Read More
The Stranger has details on the Press condo auction, The New Condo Market: On average, the 15 condos in the Press buildings auctioned for about 80 percent of their listing price and over 30 percent of their starting bid. Any readers attend? Update: The Stranger has a humorous follow up story making me regret not… Read More
A reader sent in the following photo: Looks like 18 units, 1 and 2 bedrooms, starting at $185,000. The auction date is December 13, 2008. For more details call 800-522-6664. This sucks for existing buyers but The Press has had a hard time moving units for a long time now and has gone through several… Read More
19th Ave Lofts #203 is available for $390,000. But I think the kitchen needs updating (if I were to update it I’d push it back under the sleeping loft to open up more of the living room): #311 also just came on the market for $475,000 for 983 square feet and two parking spots. Compare… Read More
2200 25 Bellagio Added 3 more units to the MLS for a total of 4. Their HOAs feel really low at $0.26/square foot. Cosmo 28 Decatur Decatur recently dropped prices on a number of units between $3k and $10k. Though oddly raised the price of #1306 $3k to $302,950 and #1007 $5k to $465,960 Equinox… Read More
I continue to watch the MLS to see what’s happening for new condo construction across the city and re-sale activity on Capitol Hill and it’s been pretty boring this summer (please email me if you see a neat listing!) However, this weekend in the midst of market upheaval Press Condos increased the price of 8… Read More
Sorry for not posting more! And I know its Thursday today but better late than never. Here are the notables in the ads in last Sunday’s Seattle Times. Azul Flats: ‘Priced for Quick Sale!’ Carbon 56: ‘No home owner dues for one year’ Cosmo: ‘The Penthouses – Move In Today’ Fini: ’30% Sold Grand Opening… Read More
If condos are really in demand why all the incentives? From this Sunday’s Seattle Times. Carbon 56: $5,600 buyer bonus Decatur: $4,000 buyer bonus Press: No HOA dues for 2 years Queen Anne High: $10,000 buyer bonus on all homes Tobira: $4,000 buyer bonus
It’s been a boring week, no exciting new re-sale units. If you see any let me know (mail *at* mattgoyer.com) or leave a post in the forums. I often wonder who can afford all these pricey condos especially given the low median condo price in Seattle. The PSBJ has a small article on Washington wages,… Read More
It’s been a while since I posted about the ads in the Sunday Seattle Times. Here’s a quick look at who’s advertising. You’ll notice only one Williams Marketing project on the list. Oddly last week the ran ads for Olive 8, Fini, Leona, 5th and Madison, Mosler, Meritage and Eastlake Lofts but this week they… Read More
It’s been a while since I’ve really done MLS Watch. The truth is that we’ve been having troubles at Redfin getting our ‘listing alert e-mails’ to run reliably which is what I use to compile this blog post. Anyhow, here’s a look at some of the activity over the past week that caught my eye:… Read More
Wow, this is the longest MLS Watch yet. I guess the realtors are assuming everyone is back from vacation and it’s time to get the units moving. Noma 19 units at Noma came online. They now have 22 listings on the MLS range in price from $222,950 to $539,950 which if my other information is… Read More
The new construction market seems to have really cooled off during this holiday season. Fortunately we have MLS watch to generate at least a few posts a week here :). Three19 is trying a little reverse psychology. See their units aren’t selling so they’re now raising the price an additional $30,100. Interesting. Let’s see if… Read More
People have been chatting about The FatReport in the comments, so it’s time to start blogging about what they’re publishing. Selling well Here are some projects that have been selling well. Cosmo – 239 of 250 units sold Meritage – 46 of 48 units sold Mosler – 136 of 150 units sold Parc – 136… Read More
The Press Condos are a quasi conversion project on Capitol Hill where Press 1, a 4 year old building, used to be apartments and is now being converted to condos and Press 2 is a new building that was intended to be apartments but are having their kitchens upgraded and sold as condos. Overall there… Read More
