Five Opportunities for Seattle Condo Buyers
Is Seattle Condo Market Going Up or Down?
Updates on the Seattle Condo Real Estate at the end of 2020
The Seattle condo inventory is up 61% from a year ago despite condos closed sales being up over 26%. In November, 216 Seattle condos sold for an average price of just under $585,000 or $566/sq ft. Last November, 171 Seattle condos sold for an average sales price of nearly $525,000, but sold for an average of $570/sq ft. Thus, while overall Seattle condo prices are up 8.7% for the year, the price per sq ft is down slightly. But with COVID-19 and Seattle condo inventory way up, Seattle condo prices are actually holding very well.
Seattle single family home inventory is down while as just discussed condo inventory is up, thus, the differential in inventory is creating opportunities for condo buyers. Following are five Seattle condos available (shown priced high to low) right now on the real estate market.
Downtown Seattle Condo – Four Seasons
Four Seasons Private Residences is a luxury condo building just south of Pike Place Market. With signature Four Seasons service and outstanding amenities, owners enjoy unparalleled access to a personally tailored lifestyle. For example, 24 hour concierge and security, fitness center, outdoor pool, spa and fire pit. In addition, room service and housekeeping available if requested. This 1,328 sq ft condo features one bedroom and a den. The condo has never before been occupied!!! Granite counters, Miele & Sub-Zero appliances, Dornbracht fixtures, custom oak cabinets, limestone master bath, fireplace, and wide-plank hardwood floors. A fabulous downtown Seattle location, just a stone’s throw from the Pike Place Market (as previously mentioned), as well as Benaroya Hall, Seattle Art Museum & Shopping. This Downtown Seattle Condo is available for $2,195,000.
Madison Park Condo – Washington Park Tower
The Washington Park Tower is a luxury waterfront condo on the edge of the Washington Park and Madison Park neighborhoods. Being 21 stories, it is the tallest building on Lake Washington. The remodeled unit is redone with the highest quality design and materials. This includes rift cut herringbone oak floors, rift cut oak cabinets, slab marble, luxurious window coverings and European appliances. Furthermore, the 2 bedroom 1.5 bath Seattle condominium has the added benefits of an in-unit laundry, two-car secure garage parking, doorman, pool, day dock and on-site manager. The 1,778 square foot open concept floor plan features stunning Lake Washington, Cascade Mountain, and Mount Rainier views. This Madison Park Condo is available for $1.995 million.
Queen Anne Condo – Harbor House
Fabulous top-floor Queen Anne penthouse with covered balcony. This 1,450 square foot, 2 bedroom, 1.75 bathroom luxury condo is very private with only three neighbors. The second bedroom can be used as an office with two over-sized built-in desks or use the built-in Murphy bed for guests. In addition, there is no common duct work, and fresh and filtered air is pulled directly from outside. Furthermore, concrete construction and, unique for condos, a wood-burning fireplace make for a quiet and relaxing refuge. Enjoy the finest building quality on lower Queen Anne! Benefits include a pet friendly building, affordable dues, no rental cap, secure entry and 2 parking spaces. Queen Anne Condo is available for $1.195 million.
Belltown Condo – The Concord
The Concord is a well-established building, quietly nestled between the hustle and bustle of Downtown and lower Queen Anne. Pet friendly, Concord boasts plethora of amenities including: full-time concierge, garden courtyard, exercise room, sauna, hot tub, and common lounge. Solid construction allows for hard floors and quiet units. This 5th floor condo faces southwest and enjoys views of garden, bay and ferries. Open and inviting with fireplace and bistro sized deck. This one bedroom, one bath undoubtedly offers a wonderful, happy in-city living experience! Contact Kristine Losh for more information. This Belltown Condo is available for $545,000.
Downtown Seattle Condo – The Newmark
The Newmark Tower’s prime downtown location brings the best of Seattle to your door. Located just steps from Pike Place Market restaurants, shops, SAM, Benaroya Hall, Mariners, Seahawks & Sounders. Sharply remodel 1 bed/1 bath Downtown Seattle condo with Sound and City views from the 17th floor. Enjoy resort-style amenities including 24/7 concierge, indoor pool and spa, gym, sauna, event room, rooftop lounge, BBQ, gardens. Solid management and reserves. Storage unit plus a secure deeded parking stall with room to add an EV charger. Investor Alert! No rental cap and short term rentals are permitted. This Downtown Seattle Condo is available for $464,900.
Get More Info on Seattle Condo Market
For more information on the Seattle condo market feel free to reach out to one of the local Seattle real estate agents that knows the area. There are many Seattle real estate companies, but Ewing & Clark has been providing Seattle real estate service since 1900. Contact Ewing and Clark for more information.