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MLS Watch: Meritage re-sales and lofts at Monique and Veer

By March 28, 2007

Meritage, Monique Lofts, Veer Lofts


There has been some discussion of re-sales in the forum. One unit, #401, went STI, #306 popped up on the weekend at $487/sq ft and #203 was just listed today at $490/sq ft.

Monique Lofts

A cool unit at the Monique Lofts just came on the market, 1505 11th Ave #405 – $599,000, 934 square feet, $641/sq ft. Sadly it is about $100k out of my price range right now.

There are now 3 units on the market at Monique. A smaller unit there is priced at $576/sq ft (21 days on market though I think this got re-listed and has been around much longer) and $682/sq ft (287 days on market). Slow sales at Monique make me wonder about how successful Trace Lofts will be.

Update: Be sure to check out Vlad’s post about why they bought at Monique. I’m curious about which unit he bought since I actually toured a unit there. It was a penthouse north west unit priced around $400,000 for 600 square feet of ‘livable space’. It was a completely crazy unit with two loft areas. One was just completely random with a pul down ladder, the other had a twisting stairway up to a platform which then had a ladder up to the bed which then looked out over top of the city since it was at the top of the freight elevator shaft. For me it was a little far from the bathroom and I couldn’t imagine negotiating that far to a bed when drunk.

Veer Lofts

A penthouse at Veer Lofts hit the market recently at $925,000 for 1,354 square feet ($683/sq ft). Here’s an artist’s rendering of a loft (but not this unit) there:

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