Olive 8 Now More Than 75% Sold

Late last week as we were heads down on our new construction inventory post, Olive 8 put out a press release on how things were going, SPRING SALES SURGE AT OLIVE 8:

In another sign that the in-city housing market is recovering, brokers at Olive 8, a 229-unit condominium and hotel high-rise in downtown Seattle report better than expected sales during the Spring sales season. Since March 1, 2012 there have been more than 18 new purchase transactions at Olive 8 representing more than $15 million in sales volume, according to the NWMLS.

Based on emails with Olive 8?s marketing firm today, sounds like they’re up to 21 sales since March 1st.

With the Olive 8 penthouses now sold we’re going to need to get creative on where to hold the next Urban Living meetup! :)

Disclaimer: Olive 8 is an Urban Living advertiser

Update: I totally botched this post and used an old press release. Should be accurate now.