urbnlivn, a seattle condo blog

Finally! A print publication has picked up on the slowing sales at Lumen, Trio, etc. From the Puget Sound Business Journal, Condo shoppers lie low (if you don’t have a paid subscription someone sent me a PDF):

Trio is among a growing number of struggling condo projects in Seattle. A downtown Seattle high-rise project at Fifth […]

Popularity: 26% [?]

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Huge price increase at Olive 8:
737 Olive Way #2800 - $200,000 price increase to $1,325,000 (someone must have typed that in wrong!) - 1,538 sq ft - $862 sq/ft
5th and Madison unit drops in price A SECOND TIME. And wow, $504 sq/ft is actually a good deal!
909 5th Ave #702 - $15,000 price reduction […]

Popularity: 10% [?]

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A luxury penthouse from Cristalla has hit an already flooded luxury market:
2033 2ND AVE #PH 2 - $4,695,000 - 3,092 sq ft, 1400 sq ft patio w/killer BBQ - $1,518 sq/ft
A few more Olive 8 listings have hit the market:
737 Olive Way #2200 - $1,125,000 - 1,538 sq ft - $731 sq/ft
737 Olive Way […]

Popularity: 17% [?]

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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 of 185 units sold

Lots of inventory
Here […]

Popularity: 48% [?]

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The Stranger Blog has way too many posts and I can barely keep up. But a quick search reveals this recent article about 5th and Madison, Care for a Condo to match that Prius?

My first reaction, of course, was to snark. Environmentally friendly, LEED-silver certified condos for the very wealthy? Sounds like a marketing ploy […]

Popularity: 3% [?]

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Before heading out on vacation I also stopped by 5th and Madison and I must say I was pretty impressed. Their sales center isn’t at ground level like so many other ones, in their case it’s on the 20-something floor of the building next door to their lot giving you excellent perspective on what your […]

Popularity: 4% [?]

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5th and Madison: ‘Grand opening weekend!!!’ (open daily, 11am to 6pm, 900 Fourth Ave, 27th floor, 206-624-7640)
Bagley Lofts: ‘Move in today!’
Bolero: ‘45 sold in 5 weeks.’ Up 10 from last week’s ad.
Cosmo: ‘Our penthouses at everybody elses mid level prices.’They also decided to un-rotate their ad making it much easier to read.
Domaine: Register today […]

Popularity: 40% [?]

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What are the ads saying in this weekend’s Seattle Times?
500 Elliott: Grand opening this weekend
5th and Madison: Grand Opening May 20th and 21st
5th and Marion: New 39 story tower
5th Ave North: Grand opening this weekend
Bagley Lofts: May 2006 Occupancy
Francis Fremont: Grand opening this weekend
Harwood: $4000 buyer bonus, special financing
Madison Tower: Model home now open. […]

Popularity: 58% [?]

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The 5th and Madison website is now online so you can check out the building features, floor plans, etc. I sure wish I had $500,000+ :). Here’s the floor plan for their 911 square foot unit. I love the two walls of windows:

Popularity: 2% [?]

Popularity: 2% [?]

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5th and Madison has moved their preview event to Wednesday, May 10th 5:30pm - 8:00pm. You can find their presentation center at 900 4th Avenue, Suite 2720 (validated parking on level D in parking ramp entrance
Located on Madison St). And if you miss May 10th their preview event continues Thursday May 11th to Saturday May […]

Popularity: 21% [?]

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