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Interesting Sales Last Week

By April 12, 2011

615 Pike Lofts, Escala, Gallery, NoJo, Trace North

I had to double-check my query because I couldn’t quite believe that Seattle closed only 20 condo and townhouse sales last week. It’s for real though, folks. That’s half as many as the week prior which had 39 sales.

217 12th Ave E Unit B
217 12th Ave E Unit B

When Urban Living highlighted this NoJo Rowhome in an open house post about a month ago, readers were skeptical about the asking price. After three successive price drops only days apart, the seller tapped into the price level that resulted in a closed sale. Only 14 days after listing for $599K, the unit went pending for $535K – clearing its 2009 purchase price by $7K.

615 E Pike St #402
615 E Pike St #402

If you follow us on Twitter (@urbnlivn) then you already know that #402 sold last week for just over $530K. This 2 bedroom, 2.5 bath loft has been on our radar since it was relisted for $650K last June. It last sold in 1999 for $575K.

I’ll round this post out by mentioning that in new construction inventory there was one sale each at Gallery (#303), Trace North (#605), and Escala (#1612).

Disclaimer: Trace North is an Urban Living advertiser.