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Market Update: Seattle WA 98102... (in city condo's) ~ 1+ bedrooms

By
Industry Observer with ARFCO Media

Seattle, WA 98102

I lived in city (Seattle) back in the late 70's - early 80's. I was at Cornish College of the Arts (then known as Cornish Institute). I was also involved with Soundwork Studio at And/OR, a public access electronic music studio and did a couple of experimental radio shows on KRAB FM.

I lived just off Broadway, a few blocks west on Bellevue Ave E. I had such a blast during that time. I could get everywhere on the hill by foot. Why move your car, you'd lose your parking spot!

There's a certain excitement about living in the city that you don't get in the burbs. You feel like you're in the hub of life, the center of the hive. I love the wonderful mix of people. One dominant group at that time were the participants of the Gothic Period. A lot of black, leather, tall boots, dark makeup, chain accesories, and some pretty serious large spiked hair... With several colleges close at hand we had our share of starving students (like me), intellectuals, really cheap coffee places, musicians, artists, writers, poets, philosophers, actors, dancers, sculptures, performance artists, ad infinitum.

 

 

 

It was like a living kaleidoscope... Life was just so rich (and without money!)...

Title Companies are the keepers of such amazing real estate related data! I like to take a look at my old neighborhoods and see what's going on. This is a study looking at 1+ bedroom condominium sales over the last 6 months. Capitol Hill and surrounding neighborhoods in zip code 98102 are only a couple of minutes to downtown Seattle. They're like a cluster of villages around their own unique business districts, each with their own inner-city neighborhood bursting with activity and many with great views.

 

Residential Transaction Study

6/9/2009

Project description: Seattle WA 98102 Condominiums 1+ bed...

 

 

monthly market

Most recent: 5/29/2009

Market (homes): 2606

month

year

sales

mrkt%

$/sqft

price

median

May

2009

12

0.5%

$371

$487,579

$332,000

Apr

2009

4

0.2%

$478

$368,938

$367,925

Mar

2009

4

0.2%

$415

$455,055

$292,736

Feb

2009

4

0.2%

$371

$291,750

$276,000

Jan

2009

7

0.3%

$409

$512,143

$385,000

Dec

2008

12

0.5%

$436

$396,429

$379,450

property characteristics


1 story

27

*yr blt

1975

units

2,606

2 story

206

*bed

2

*site footprint

15,826

3+ story

2233

*bath

1

*unit sqft

955

*Imprvd%

79%

 

 

 

 

ARFCO MEDIA The data used in this report is deemed reliable, but not guaranteed.
© 2009 ARFCO MEDIA... Renton WA 98055
Posted by

René Fabre

"Where there's conversation, there's opportunity."

Please Note - The views expressed herein reflect only the individual’s personal views and are not the views of the author’s employer.

The Blackberry Chronicles, a blog by Rene Fabre and his travels around the Greater Pacific Northwest and beyond. Connect w/ Rene Fabre on Google+. Rene Fabre on Twitter. Rene Fabre writes reviews on Yelp. Rene Fabre on Linkedin.com The Audiorium YouTube Channel by Rene Fabre. Facebook.com/renefabre Rene Fabre loves digital photography and here are his shares on Flickr. Rene Fabre is a musician and composer and shares some of his orginal music and recordings on Soundcloud. Rene Fabre shares his interests on Pinterest.
William Johnson
Retired - La Jolla, CA
Retired

Hi Rene, Seattle Rocks. Sales are going up and prices are still tending down but not by much. When I was Seattle  getting ready to take a cruise I met a couple in the terminal and we were talking about the beautiful weather. They told me It doesn't rain nearly as often as decades past but they like to keep that a secret so Californians don't mass migrat there and wreck the place. I loved the comment and would tend to agree.

Jun 09, 2009 04:34 PM
Rene Fabre
ARFCO Media - Renton, WA
Practicing Philosophical Eclectic of the Arts

Hi William: That's true, it doesn't rain as much here as most people think... Shhhh... Don't tell anyone, OK! 

Jun 11, 2009 06:44 AM