According to the Seattle Condo Blog, Seattle Condo market showed robust activity through the first quarter of 2012 (January – March). Compared to first quarter 2011, closed condo sales increased 9.2% to 404 units. In different neighborhoods, “South and Northeast Seattle reflected highest increase in closed sales, doubling the number of units sold. Queen Anne / Magnolia and the downtown area realized fewer sales in the quarter compared to last year. South Seattle was the only area in the city that exhibited improvement in the median sales price, while Queen Anne / Magnolia had the largest decline. The blog also pointed out that the market has changed significantly over the past 2 months and the initial numbers for April sales are showing a great deal of improvement comparing to the first quarter.
Like Seattle, condominiums in downtown Bellevue also suggested rather positive sales trend the first quarter as well. Here is some statistics for the three remaining new construction condominiums in downtown.
” 1. Bellevue Towers
Sales Activity 2012: 55
Total Sales %: 58% Sold
2. One Main Street
Sales Activity 2012: 6
Total Sales %: 96% with 5 homes remaining
3. Washington Square
Sales Activity 2012: 55
Total Sales %: 58% sold.
Ever wonder what’s selling in those swanky highrises? Out of sheer curiosity, Jeff Reynolds of UrbanCondoSpaces.com took a closer look at where those luxury units are selling. Here are his results.
Keep an eye out for a new condo development in Pioneer Square. The developers of part of CenturyLink Field’s north parking lot are unveiling the first detailed designs for their project’s first phase this week. This current parking lot on Occidental and King St. is planned to be completed in 2015 and will include 700 residential units in three different towers, 240 ft hotel and office buildings and a 900 stall parking garage. When completed, this will be the largest transit-oriented development on the West coast. For more info on the proposal, check out the North Lot Project website.
Everyone wonders where celebrities like Will Smith and Anne Hathaway kick back and relax at night or make their morning coffee (or rather have someone prep that cup of joe for them). Now you can live their lives and rent their homes! Curbed.com has put together a list of current celebrity homes that are available for rent. The monthly bill might be a little steep, but at least you get to say that you have a famous landlord!
Will Smith - NYC - $55,000/ month