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Home / Market Report / Seattle New Construction Update: 58 units left

Seattle New Construction Update: 58 units left

By August 21, 2013

Market Report

Last we checked in March there was 62 new construction condos for sale. Checking today we’re down to 58 new construction condos left on the market (a search of Redfin shows 33 new construction condos for sale though same agents seem to be claiming that units built in 2006 are “new construction”).

Still Selling

Escala — 90% Sold
269 Total Units, 244 Closed, 4 Pending, 21 Available

The Residences at Fairview – 5% Sold
21 Total Units, 9 units in phase 1, 1 Sold at Presale, 8 Available

Fifth and Madison – 99% Sold
126 Total Units, 1 Remaining
Notes: Unit #2304.

Four Seasons Private Residences — 69% Sold Not yet updated
36 Total Units, 25 Closed, 0 Pending, 11 Available
Notes: Still waiting on an update from the sales team. These numbers are from April but I don’t see any recent sales.

Pontedera – 83% Sold
94 Total Units, 78 Closed, 3 Pending, 17 Available

Sold Out

Fifteen Twenty-One Second Avenue — 100% Sold
143 Total Units, 143 Closed, 4 re-sales

Coming in 2014

Insignia Towers
643 Total Units
Notes: The project has broken ground.

Things you should know:

  • The numbers only include inventory of new construction sales in these buildings, some may very well have resales on the market that aren’t reflected.
  • When I didn’t get a pending number I calculated closed sales as Total-Available
  • % Sold = Closed/Total
  • If I made a mistake or forgot something, drop me a line at [email protected]. I will correct it and update the post.

I own and manage Urban Living, a boutique Seattle and Bellevue real estate brokerage. I love lofts, floating homes, new construction, and mid-century moderns, but I will help you buy or sell just about anything!

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