Market Experts Array Pent Up Demand for In-City Homeownership; Downtown Seattle Condo Prices Surge 33%
Representatives of Realogics Sotheby’s International Realty and Burrard Group announced a major milestone in the development of the 41-story NEXUS Condominium Tower today as it begins a vertical ascent towards completion in fall 2019. With excavation now complete, SKANSKA, the general contractor for NEXUS, has poured the foundation mat, which comprised of 3,900 cubic yards of concrete and measures up to twelve feet thick.
In a recent feature of Coastal Living, Marisa Spyker steps into five in-city homes that offer fabulous water views as they write, “you can have the best of both worlds – a bustling urban lifestyle with the serenity of an ocean breeze. One of their selected retreats is a stellar penthouse in the heart of Seattle, listed by Realogics Sotheby’s International Realty founding directors Moira Holley and Scott Wasner. As the article outlines, be warned, “serious real estate envy ahead.”
The most sought after condominium tower in Seattle. Fifteen Twenty-One Second Avenue distinguishes itself by location and it cannot be duplicated. Quintessential Seattle views for this NW corner home, sitting front row center of Pike Place Market-why look elsewhere? Grand entertaining living room with views of Elliott Bay, Olympic Mountains and city skyline make this home a gem.
In a recent article on Seattle Times, Mike Rosenberg sat down with Reddit to discuss what’s happening with “Seattle’s sizzling-hot housing market,” from rent hikes and growing home prices, to the condo imbalance and the influence of the tech industry.
This comprehensively remodeled 1 bedroom plus den, 1.5 bath unit in North Capitol Hill’s Shannon Condominium offers exquisitely executed design and modern detail to complement the building’s iconic brutalist architecture and breathtaking sunset views over Seattle and Puget Sound.
Wow! Very rare, unobstructed views from this lovely home on the 35th floor of the highly desirable residence at Olive 8! Great open floor plan, premium appliances and contemporary luxury finishes throughout; no wasted space! A walk-in closet, large bathroom with double sink vanities and a wonderful view deck to enjoy the cityscape complete in this unit. Experience chic urban living in comfort and style with hotel amenities and services, uniquely offered thru the Hyatt at Olive 8. This can be the life you seek.
Stunning unit at Enso in South Lake Union offers 1 bedroom and 1 bath plus a den with exquisite designer finishes and dramatic Lake Union and city views. With almost 900 square feet of thoughtfully arranged living space and walls of glass, this home uses natural light and transparency to enhance its sense of volume and effortless flow, while exotic hardwoods, natural stone and a gourmet kitchen lend it a timeless sense of enveloping luxury, making this the ultimate in connected urban living in Seattle’s tech hub.
Captivating 180 degree views from the Olympic Mountains and Mt. Rainier to the iconic Space Needle capture the essence of the beautiful Emerald City.
All new finishes! Soak in amazing city, sound, mountain, and coveted Western exsposure. Incredible sunsets, fireworks, Blue Angels, active boat traffic, priceless views year round keep you entertained from the gorgeous upper-view decks and in the comfort of your private balcony.
According to NWMLS data for September, downtown Seattle values are skyrocketing as the median home price for in-city resale condominiums increased a staggering 35-percent year-over-year. The sharp increase in value is indicative of Seattle’s continued struggle with population growth, rising real estate prices for both renters and buyers, and a supply and demand imbalance with little relief in sight.