Insignia South Tower Sales Data
In the spring the PSBJ said the Moment of truth for Seattle’s condo market will come this summer:
More than 235 condos at the big Insignia project under construction in downtown Seattle have been pre-sold, but what people are paying has not been disclosed.
Well, that moment is here.
Urban Living has gone through King County records to produce a spreadsheet with the sales data for Insignia’s south tower.
From examining King County records we learned that of the 350 units 236 have closed. The first closed on June 23rd, the last September 1st.
The lowest priced sale was for $411k for a one bedroom on the second floor, the highest, $2.6m for a 40th floor penthouse.
Dollars per square foot ranged from a low of $464 for a 16th floor two bedroom to $1,290 for a 40th floor penthouse.
We toured the south tower last week and the views are incredible. If you haven’t seen it and want to, let me know. The remaining units are moving fast and it sounds like there will be another price increase in October.
If you’ve been thinking of buying and want your hands on the spreadsheet I’d be happy to help you buy and share the data with you. Just drop me a line at [email protected].