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Interesting Sales Last Week

By October 10, 2011

Balfour Pointe, Escala, Our Home Hotel

In Seattle, 16 condo and townhouse sale transactions closed last week including a lofty studio in Pioneer Square, an 1,800 sf condo in Queen Anne, and the only new construction condo sale for the week which was at Escala.

75 S Main St #207
88195 3 0 Lofty Studio in Pioneer Square

Urban Living took note of this 597 square foot studio at Our Home Hotel when it was listed way back in June 2010 for $332K. Six price adjustments later it sold for $250k which is $20K more than it was purchased for in 2004 but $55K less than the most recent owners paid for it in 2007.

415 W Republican St #400
415 W Republican St #400

In Queen Anne, this 2-bedroom condo on the 4th floor of Balfour Pointe was the highest-priced sale from last week at $739K. The 1,812 square foot unit last sold for $6ooK in 1999 and has been been looking for a buyer since Oct 2010.

1920 4th Ave #804

A 910 square foot condo at Escala sold last week for $412K — that’s $453 per square foot. This recent sale is one of 5 west-facing units with this floor plan that have sold in the past three months (of 14 closed sales). And with about 8 sales closed since they celebrated reaching 100 in August, it seems Escala is still relatively on track to sell out in 3 years.