When $6,650 a Month in Rent is Too Low….

Rollins Street Flats at Denny & Westlake.

When do you know the Seattle rental market is red hot? When $6,650 a month in rent is not high enough. Last Thursday, we blogged about a penthouse unit that opened up at the Rollin Street Flats in South Lake Union. The two-bedroom apartment was listed for $6,650 per month. We suggested that if you… Read More

Two Belltown Short Sales

Bamboo floors at 76 Cedar St #804

Two Belltown condos that last sold near the height of the real estate boom are now on the market for 35% less than their 2007 price. Both are short sales. The first is Unit #804 at The Parc at 1st Ave and Cedar St. The one-bedroom condo went for $459,000 five years ago. Today, it’s… Read More

A Notable Sale at Capitol Hill’s 25 on the Park

The center unit, 1816 11th Ave Unit B, just sold for $434,000

A 25 on the Park townhouse just closed for $439,000. That means the 880-sq ft home facing Cal Anderson Park fetched $500/sq ft. It’s interesting to see that kind of valuation…again.  While the 500-mark is still below some of the eye-popping numbers we saw at the height of the Seattle housing boom in 2007, it… Read More