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Interesting Sales Last Week

By June 27, 2011

1521 - Fifteen Twenty-One, Escala, Gallery, Nicholas Court Condos, Pike Lofts

31 condos and townhouses sold last week in Seattle including a run of four at Escala and two notable resales on/near Capitol Hill.

Escala (1920 4th Ave)
1920 4th Ave #2404

I’d like to speculate that the four sales closed last week at Escala were partly due to new owners wanting a perch from which to watch the Pride Parade on Sunday. However, considering the units that sold were 15th floor and above, there probably isn’t a strong correlation. Regardless, 4 closed sales last week at Escala brings the building to 6 total sales for June – their strongest month so far this year.

  • #2404 – 2bd/2b, 1,607 sf sold for $1.018M
  • #2204 – 2bd/2b, 1,607 sf sold for $954K
  • #1906 – 1bd/1.5b, 953 sf sold for $532K
  • #1508 – 1bd/1.5b, 910 sf sold for $434K

In other new construction condo sales of last week, 1521 Second Avenue sold one (#3502) as did Gallery (#915). As for resales…

Pike Lofts (303 E Pike St #306)
303 E Pike St #306

That 781 square foot unit at Pike Lofts with a nice-sized outdoor patio went pending after only one month on the MLS and a single price drop. Previously sold in 2001 for $255K, this time it went for $325K – just $10K below its original list price.

Nicholas Court (1413 15th Ave #8)
1413 15th Ave #8

Urban Living said “good price” to this Nicholas Court penthouse listed at $399K and apparently one buyer agreed. The 1,368 sf unit with 2 beds, 2 baths, concrete floors, and no shared walls went pending within a month of list.