This week Matrix Real Estate announced that they sold the last units at Leona and Ruby.
Leona is whacking prices to move their last 3 units:
Leona has had a busy spring and summer. Erica tells me they’re at 11 closed and 2 pending, one in counter offer and 4 left. One of those five left is unit #8 at $450,000 (originally listed at $650,000). It’s a nearly 1,200 square foot one bedroom unit in a nice building (I toured it… Read More
Last week was crazy. I was in Boston, DC and Alaska all within four days. So I missed posting the most popular condo. However, it’s been the same place the last two weeks, unit #4 at Leona. It’s the unit that has been reduced from $475,000 down to $295,000. Truthfully, I’m a little surprised it… Read More
Leona and Ruby continued to cut prices this week. Barrientos is the developer for both projects and they’re being marketed and sold by Williams Marketing so it’s not surprising to see them being reduced only a day apart. At Ruby a number of units had their prices cut by $10k or $20k. A few had… Read More
Leona sent out this ad boasting a huge price reduction: However when you look closer at the listing: You see that it’s actually been priced at $300k before and that the $429k price is from back in June of ’08! Thanks to Adam for the tip!
Gallery Lots and lots of price reductions this week, too many to list, ranging from $20k up to $90k. For example #409 went from $295,000 to $275,000 making it a reasonable $456/Sq. Ft. On the other extreme, #114 went from $739,990 to $635,000. Gallery isn’t the only one reducing prices, many other Williams Marketing buildings… Read More
On Thursday I swung by the quiet broker’s open at Leona at the corner of Ward and Queen Anne Ave (I biked there and thought it was lower Queen Anne but it is definitely part way up the hill.) There are 18 units. 5 of which are “new construction”, 2 penthouses and 3 townhomes. The… Read More
Someone updated me on Leona: There has been a pretty big construction delay and at this point it looks like the building will not be complete until somewhere between February and April (which is also a big window). Given that we are going in to wet season, I don’t have high hopes of it not… Read More
A reader writes in with questions about their purchase at Leona: Seems like there is not a lot of info on The Leona out there. I am hoping to get an update on the construction and timeline for when it will be done. I bought unit [# removed]. Williams Marketing, when they finally get back… Read More
Tomorrow marks the first opportunity to buy at either Equinox or Leona. If you’re buying let us know how it goes! We’d love to hear what unit you reserved and why, we’d also love to hear about how the sales are going. For those interested in Equinox they made their ‘private’ website public today. You… Read More