seattle: Montage Condos, Seattle
- 05/10/08 11:30 AM
The Montage (website) is the newest condominium addition to the Pike/Pine corridor on Capitol Hill. The 6-story, 23-unit building is located at 1422 Boylston Avenue, just around the corner from the HoneyHole. Montage includes a mix of open one-bedroom, one- and two-bedroom homes ranging in size from 661 to 1,121 square feet. Homes on the “Terrace” level have expansive decks that range up to 375 square feet, providing excellent outdoor living/entertainment space. Home prices begin at $340,000 for one-bedrooms and range up to $690,000 for a two-bedroom penthouse unit. Home features include: Stainless steel Bosch and Kenmore Pro appliances, gas … (3 comments)
seattle: Seattle Condo Update - March 2008
- 04/19/08 10:55 AM
Last month’s market performance figures reflected continued confidence in Seattle’s condo market. The city-wide condo median price rose to a high of $329,975, a 4.1% increase over the same period last year, reversing a two month slide. The condo inventory supply, or absorption rate, decreased for the second consecutive month while the number of sales continued to improve.
Continue reading this article at The Seattle Condo Blog -->
… (0 comments)
seattle: West Seattle Condo update - March 2008
- 04/19/08 10:47 AM
The West Seattle area of Seattle (Alki, Alaska Junction, White Center, Admiral, Fauntlero, High Point) has exhibited the most buoyant condo sales activity in the city. Last month's 4.1% increase in median price to $300,950 reversed a three month year-over-year decline. It also reflected the third consecutive month-over-month increase in condo values. With 109 active listings in March, West Seattle's absorption rate stands at 4.7 months.
… (0 comments)
seattle: Northeast Seattle condo update - March 2008
- 04/19/08 10:33 AM
Condos in the Northeast Seattle area (University, Roosevelt, Lake City, Pinehurst, Wedgwood) is slowing showing signs of improvement from the seasonal Winter downturn. The median condo price rose slightly over February to $255,800, though a tad lower than March of 2007 by .85%. Unfortunately, the 126 active listings reflect a 5% increase over February and 142% above the same period last year. However, the Northeast neighborhoods were the only areas of the city that did not experience a decline in the number of pending sales, and at 4.1 months, has the lowest inventory supply rate in Seattle.
… (0 comments)
seattle: Northwest Seattle Condo update - March 2008
- 04/19/08 10:10 AM
The median price for condos in Northwest Seattle (Ballard, Green Lake, Fremont, Wallingford, Greenwood) increased to $291,840, the highest level since last Summer and reversed a year-over-year decline trend. New condo developments in Ballard as well as newly listed resales have pushed the number of active listings up 65% over March 2007, to 252 properties. Northwest Seattle's inventory supply currently stands at 5.3 months.
… (0 comments)
seattle: Downtown Seattle Condo Update - March 2008
- 04/19/08 09:44 AM
March 2008 exhibited a marked improvement for downtown Seattle condo values with the median price rising to $525,000, a 13.3% increase over the same period last year and a 39.6% jump over February. The good news in property values is tempered by a significant rise in the number of active listings to 343, a 51% increase compared to March 2007. Although pending sales are down, the downtown area has the second lowest decline in pendings at -11%, while closed sales increased 25%. The absorption rate now stands at 6 months.
… (0 comments)
seattle: Capitol Hill Condo update - March 2008
- 04/19/08 09:33 AM
Last month exhibited the second consecutive decline in Capitol Hill's median condo price in both month-over-month and year-over-year results. At $313,000, the median price is down 4.3% from the same period last year. Unfortunately, the outlook portends more of the same as Capitol Hill has the highest absorption rate in Seattle at 8.6 months. The number of active condo listings increased 47% over March 2007 to 336 properties. Additionally, fewer condos are being sold with a 57% drop in the number of pending sales, compared to March of last year.
… (1 comments)
seattle: Queen Anne Condo update - March 2008
- 04/16/08 08:09 AM
In March, the condo market on Queen Anne reversed a price decline trend with a 20.2% increase in median price to $372,450, compared to the same period in the prior year. The number of active condo listings increased 42% over March 2007 to 251 properties. Fewer properties are being sold with closed sales down 44% from last year. However, the absorption rate of 4.6 months makes the Queen Anne/Magnolia neighborhood one of the strongest markets within Seattle.
Queen Anne | Magnolia Median Price
… (0 comments)
seattle: Conversion Spotlight - West Seattle
- 04/03/08 05:10 PM
Lighthouse Point - junction of Alki Ave and Beach Drive The Lighthouse Point Condominium (website) is a new conversion complex located next door to the Alki Point Lighthouse and steps from Alki Beach. Previously the Riptide Apartments, Lighthouse Point offers 40 studio and one-bedroom homes starting from $195,000. The initial release of homes are located on the 1st and 2nd floors and range in price from $195,000 to $215,000. The homes offer Sound views, bamboo flooring, stainless appliances including a cooktop with a separate convection microwave oven, European-styled refrigerators (smaller than regular refrigerators), walk-in tiled showers and storage. Parking is also … (0 comments)
seventeen07 (website) is located in the mix of Capitol Hill’s vibrant Broadway & Pike/Pike districts, just west of Seattle Central at the corner of Boylston and E. Olive Street. The 3-story building features 36 studio, one- and two-bedroom homes, some with downtown views. Studios come just under 400 sq ft in size and are priced from $180,000 to $205,000; one-bedrooms range in size from 471 to 742 sq ft with prices between $220,000 and $350,000; two-bedrooms range from $360,000 to $390,000 for homes between 814 and 849 sq ft. Features and amenities include: cork flooring, granite … (0 comments)
seattle: SLU Park Grand Opening
- 03/31/08 09:03 AM
The first phase of the redevelopment of the South Lake Union Park is nearing completion and the folks at the Seattle Parks Foundation will be hosting a public Grand Opening celebration on April 30th from 11:00am – 1:00pm. The public is invited to experience this new public park on the shores of Lake Union. Grand opening activities will include food, music, boat rides, and prizes. Seattle residents will enjoy 1.6 acres of new green space, relax on the terraced steps, stroll along the cedar plank boardwalk, and watch the wildlife from the pedestrian bridge. Seattle Parks Foundation is completing its … (0 comments)
seattle: Sales Tax to Increase Again
- 03/31/08 08:43 AM
Another year, another sales tax increase in King County. Last April 1st, the sales tax in King County increased a tenth of a percent to 8.9% to improve bus transportation services. Effective tomorrow, April 1st, 2008, King County's sales tax will be going up another one-tenth of a percent to 9.0%. This increase will be used for chemical dependency or mental health treatment services. Taxes for those parts of the county not included in the RTA district will be 8.6%. … (2 comments)
HomeSight, a non-profit community development company, is breaking ground on a new condominium project in Seattle’s Rainier Valley neighborhood. The project is being built on city-owned surplus land intended for affordable workforce housing. The six-story $32 million project will feature 17 live/work lofts and 85 condo units. Prices will start from $220,000 with financing assistance up to $120,000 for families earning less than 80% of the area’s median income. Additionally, 20 units will have a resale cap to ensure affordable inventory will be available in the future. The project is located at 809 Hiawatha Place. Completion is slated for late … (0 comments)
seattle: Seattle Condo Tour 2008
- 03/24/08 01:58 PM
The Seattle Condo Tour is making another run this year. The tour, sponsored by Fisher Communications (aka KOMO TV and Radio), is also expanding to the Eastside. The Seattle tour is slated for April 5th & 6th and begins at 10:00 AM at Fisher Plaza at 5th Avenue & Denny Way under the Space Needle. Participants can either hop on the free shuttle service or drive on their own. Additionally, event planners are expected to have seminars for prospective buyers at Fisher Plaza. The current list of Seattle condos include: LuxeLumenVulcan Properties (Veer Lofts, Enso & Rollin Street Flats)TrioWestwaterBurien Town SquareSylvan Ridge The Eastside … (0 comments)
seattle: Get Green With Trees
- 03/24/08 01:29 PM
Did you know the City of Seattle has a program to help "green" your neighborhood? As part of the city's matching fund program, the Tree Fund will provide neighborhoods with up to 40 trees to enhance the city's urban forest. In exchange, neighbors share the effort of planting and caring for the trees. Groups of neighbors that represent a minimum of 5 households on the block can receive trees for planting strips on residential streets. For additional info, please visit the city's Tree Fund site. … (0 comments)
seattle: New Construction Price Guarantees
- 03/19/08 09:29 AM
The uncertainty of the condominium market has prompted two major projects to offer new buyers a pricing guarantee. In Seattle, The Olive 8 / Hyatt Hotel project is ensuring that buyers in Seattle’s tallest residential tower receive the lowest price possible as the market continues to fluctuate by offering a price guarantee to new buyers. Should the same floor-plan within Olive 8‘s remaining inventory sells for less than the current price prior to closing, the buyers who contracted for a higher price home will benefit at closing with the equivalent discount to their price. Olive 8 is currently 80% sold with completion … (1 comments)
seattle: Downtown Seattle Condo Development Updates
- 03/17/08 05:53 PM
Seneca Towers The DJC reported that Laconia Development (formerly Levin Menzies) plans to start work on Seneca Towers this summer and anticipates completion in the summer of 2010. Seneca Towers, located at 8th & Seneca, will consist of 294 units in two towers. Icon Tower The other project Laconia is developing in Seattle is the sleek & slender Icon Tower at 6th & Wall. Laconia expects to start construction in August. Completion is slated for the first half of 2011. Insignia Towers Work on Insignia Towers (5th between Bell & Battery) may begin as soon as next month according to the … (0 comments)
;)
;)
