Open Houses This Weekend

There are a few fresh faces in the list of 55 condos and townhouses with open houses, and there are many more that we’ve seen before. As sometimes happens, I’m getting sucked in by bathrooms so here’s three for you. 1506 NW 52nd St Sunday, 1-4PM I’m not quite sure how this live/work in Ballard… Read More

Interesting Sales Last Week

There were 27 condos and townhouses that sold last week in Seattle. Notables include one half of that splitsville double unit on First Hill and some movement with new construction condos: Marselle and Escala each sold two. Gainsborough (1017 Minor Ave #804) The larger half of this former double unit at the Gainsborough sold for… Read More

Interesting Sales Last Week

Seattle saw 33 sale transactions close in condos and townhouses last week. It was the last week of the month, so the usual run of new construction closings cropped up including one condo at Marselle and at Danielle, two condos at Enso (including that double-height penthouse), and three condos at Escala. Notable in resales was… 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

Interesting Sales Last Week

Last week 22 condos and townhouses sold in Seattle. For new construction condos, that means Escala racked up another (#1111 for $694K) as did Marselle (#612 for $291K). In resales, these sold units stood out: 1231 5th Ave N #402 It only took a month for this penthouse at Le Parc to go pending and… 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

Interesting Sales Last Week

Perhaps more interesting than what sold and for how much is how many sold last week: 50 condos and townhouses. Nice work Seattle, let’s take a look at the highlights. In new construction, the following developments each closed on a single unit: Marselle #611 (1 bd/1.5b for $291K) Gallery #615 (1bd/1b for $220K) Escala #1206… Read More

Open Houses This Weekend

As expected on the weekend leading up to July 4th, a low amount of condo and townhouse open houses are being offered in Seattle. Of the 60 open houses, only 3 are newly listed resales from this past week and nearly half are new construction. So if you are staying in the city, you can… 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

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

Seattle saw 39 closed sales on condos and townhouses – and just over half of those sales were on new construction (built in 2008 or later). Trace North (#604), Escala (#1801), Marselle (#606), and 200 W Highland (#203) each closed a sale apiece, but the real story last week was in townhouses around Greenlake. 7812… Read More

Marselle Cuts Prices

Correct, no need for an auction, just a need to cut prices with only 60% of units sold. Marselle started out with an original price of $473 a square foot and has now cut prices down to an average of $351 a square foot, below the Olive 8 auction pricing of $403 a square foot…. Read More

Marselle in South Lake Union 52% Sold

Here’s the update on Marselle straight from the listing agent: The Marselle is now 52% Sold and we have received Fannie Mae Approval with Cobalt Mortgage, all outside lenders are now able to apply for Fannie Mae Approval as well. The Marselle is also FHA & VA approved. We have Sold 69 homes, closed 57… Read More

Marselle Raises Prices

As other buildings go to auction Marselle is raising prices: Unit 204 went from $389k to $399 Unit 313 went from $399k to $439k Unit 315 went from $299k to $309k. There’s also been another listing that has increased it’s price recently. 1120 17th Ave #101 went from $274k to $277k.

Marselle: Great Condos, Crappy Neighborhood

I toured Marselle last weekend, one of the few new condo developments in Seattle that does not tout any concern with the environment (at least they’re honest about it). The interiors are very nice, and there are some beautiful open floorplans. The photos on the website totally do them justice. However, the photos of the… Read More

Marselle Sells 20 Condos in October

I got a note from Steve at Marselle that they sold 20 homes in October. Putting them at 31 sales, leaving 101 of the 131 units yet to be sold. Turns out that 50% of their homes are priced under $300k. They have 2 homes left on the 1st floor and have recently released the… Read More

Marselle Condos Hits the Market

I got a note from Steve at Williams Marketing that Marselle Condos are all done. The condos are on the market and ready for move in. It’s at 699 John St between Denny and John, 2 blocks east of the Space Needle. They’re open 11 am to 6 pm, 7 days a week. I’ll try… Read More