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Solds & Pendings for March *BONUS = Price Reductions

March 23, 2009 by  
Filed under Downtown (MLS Area 701), Gallery, Ruby

Believe it or not, MLS reported 40 sales for downtown in December 2008!  January showed 16, and February a measly 11 sales.  We’ve been so busy over the last couple of weeks we haven’t had much time to post, so we thought we’d run the numbers and see how this month is going so far.  It looks like sales have picked up, but not quite as high as December.

Here are the numbers as of today:

SOLD:

Building
Unit #
Orig. List Price
Sale Price
DOM
Fifteen Twenty-One
#1603
$1,450,000
$1,335,000
30
Newmark
#1604
$459,950
$459,950
18
Site 17
#503
$479,950
$450,000
296
5th & Madison
#502
$475,000
$450,000
212
Bellora
#402
$429,950
$425,000
154
Gallery
#516
$342,100
$342,100
N/A
Cosmopolitan
#2007
$355,000
$330,000
537
Gallery
#315
$295,000
$295,000
N/A
Montreux
#316
$275,000
$263,500
231

Pending:

Note: Pendings do not show offered/accepted price until after closing

Building
Unit #
Orig. List Price
DOM
One Pacific Tower
#2502
$1,690,000
161
Concord Condominiums
#900
$875,000
22
Parc
#1308
$599,000
33
Post Mews
#7
$529,000
319
Arbor Place Tower
#1503
$460,000
151
Trio
#403
$459,950
135
Parc
#609
$439,000
39
80 S. Jackson
#203
$419,500
409
Trio
#103
$374,950
184
Klee
#332
$320,000
139
Trio
#611
$289,950
N/A
The Vine
#313
$289,900
16
The Vine
#406
$349,950
56
Seattle Heights
#219
$218,000
92
Parc
#PH11
$809,000
N/A

BONUS

Matt Goyer did an excellent job covering quite a few price reductions.

Gallery slashes prices

This post gives some examples of what prices were, and are now for not only Gallery but also Brix, Leona, and Ruby.

Wicked loft in Pioneer Square

This post isn’t necessarily about a price reduction, but it does show this extremely rare and unique listing at The Lofts original purchase price and current listed price.  Definately a steal!!! (that’s 3 explanation points).

Sneaky Leona advertising

ENSO “Special Pricing”

This post shows some recent marketing materials that have been sent out offering a list of benefits if you buy at ENSO before May 22nd.

Lumen next to auction off remaining inventory

Matt has reported about several auctions in the Capitol Hill neighborhood, and asked visitors about the auction at Queen Anne High School….

Queen Anne High auction results: Everything sold

Wow!  Matt has visitor comments about attending the auction.  His observations seemed to be right on point.  He also has a video of some news coverage that discusses how the auction may be a good indicator of what it will take to get buyers off the fence.

Great coverage Matt.  Link bait city!

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