urbnlivn, a seattle condo & real estate blog

Wow, this is one major price reduction. #2101 has been dropped from $8.7 to $2.2 mil. It’s come down from a high of being listed at $13.5 mil in October 2008. Note that it originally sold for $1.6 in October 2006 and then immediately put on the market.

Current average appraisal:
$1,363,132
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Popularity: 10% [?]

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If you’ve got a $1.8 million burning a hole in your pocket and you’re not dissuaded by raising mortgage rates check out #1901 at Madison Tower.

The sales history is interesting:
May 27, 2009 Listed for $1,840,000
Oct 27, 2006 Sold for $2,000,000
Sep 08, 2006 Listed
Aug 21, 2006 Sold for $1,520,000
Popularity: 8% [?]

Popularity: 8% [?]

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Another unit at Talisman
Everyone was hot on Talisman when a unit came on the market a few weeks ago. Here’s another. This one, #214, is $249,950. However, the interior of this one is definitely not to my taste.
Eastlake Lofts
#201 is new to the market. But a little pricey at $590,000 for 949 square feet. However, [...]

Popularity: 19% [?]

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Hotel 1000/Madison Tower
There’s so many multi-million dollar condos to choose from these days. Here’s one more. Unit 2401 is just under $7 mil for 3,740 square feet.

Cristalla
Erica Clibborn, the listing agent, has been talking about unit #1408 for quite some time now. It’s now on the market for $640,000 which buys you a 887 [...]

Popularity: 15% [?]

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Looking for a luxury 3,183 square foot condo? 4 beds, 5 baths, 4 valet parking spots.

If $4,500,000 is too much commitment for you for 1000 1st Ave #170X aka Madison Tower/Hotel 1000 you can always rent it for only $20,000 month.
And if neither of those scenarios work for you check out unit 1504. $635,000 [...]

Popularity: 15% [?]

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2200
Every day there is another reduction.
910 Lenora St #S906 was reduced $15,000 to $529,950.
900 Lenora St #W408 was reduced $1,000 to $385,500 (tip to Lyn Tully: add photos to your listing!).
2200 Westlake Ave #S503 was reduced $5,000 to $544,900. Plus they’re throwing in a 42″ flat screen TV (plasma or LCD?)
910 Lenora [...]

Popularity: 23% [?]

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It was a busy week at work for me last week so I didn’t have time to do condo watch. Here’s a re-cap of the week:
2200
Wow, lots of new listings at Live 2200: #W700. #S-403, #W309, #W804, #1001, #S-505.
There was also two price drops – $33,000 price drop to $995,000 for unit #1106 and a [...]

Popularity: 25% [?]

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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 correct [...]

Popularity: 32% [?]

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The Seattle Times this weekend had a big article on luxury real estate, The new luxury in Real Estate and takes a look at the definition of luxury condos:

How does an “all-luxury” building differ from a regular condominium project? For starters, there’s price: Most luxury condos cost $1,200 a square foot or more.

As well as [...]

Popularity: 25% [?]

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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: 44% [?]

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