Insignia 92%, Luma 50%, Gridiron 18%, Nexus Coming Soon
Hot on the heels of the Seattle Times article, Seattle condos: Short supply puts extra squeeze on housing market here is our update on the status of all the condo new construction projects as well as a few single family and larger townhouse projects.
If you’re thinking of buying a new construction condo or home, get in touch! We’ve toured all the condos, been through many new construction single-family homes and townhomes and have helped many buyers navigate pre-sales. You can reach me at [email protected] or 206-618-1600.
Selling Now
Bryant Heights
14 single family homes, 9 sold, 1 pending, 3 for sale here is one on the MLS
Move in date: as they sell
Notes:
- Lot 105 closed last week for $1,288,000 ($95K over asking – multiple offers). Lot 106 is pending and closes 5/17.
- Lot 206 is $1.42m, lot 207 is $1.409m, lot 107 is $1.558m.
Fort Lawton 100% pending + closed – Montana Circle
13 houses, 13 closed + pending
Move in date: as they sell
Fort Lawton – Officer’s Row
13 houses coming soon
Move in date: 2016
Four Seasons – 97% Sold
36, 35 sold, 1 brand new unit from 2008 still available. #1801 is on the MLS.
Move in date: building was completed in 2008
Gridiron – 18% reserved
107 units, 19 reservations (+1 since last month)
Move in date: 2017
Hendon Condos – 22%
32 units, 6 pre-sale (-1 from last month)
Move in date: fall 2016
Insignia North Tower – 93% pending
348 units, 323 pending (+15 since last month)
Move in date: summer 2016
Insignia South Tower – 91% pending & closed
350 units, 10 in escrow, 310 closed (+5 closed since last month)
Move in date: now
Luma – 50% pending
168 units, 84 pending (Luma does not provide monthly sales updates)
Move in date: 2016
Rally – 30% pre-sold
27 units, 8 pre-sold (no change from last month)
Move in date: sales center is opening end of June
Residences at Fairview – 67% sold
21 units, 7 pending, 7 closed
Note: sales on hold for now, will resume when phase 2 homes are finished later this year
Vik Ballard – 98% pending + closed
117 units, 115 closed + pending, 2 for sale (#112 and #524)
Move in date: Now
Coming soon
Nexus – not pre-selling yet
403 units
Move in date: 2019
Possibly coming soon
Urban Green Villa
116 units
Notes: hasn’t broken ground yet
Rumored
- 1,200 units in South Lake Union by Onni Group
- 284 units on First Hill by Daniels Real Estate
- 68 units in Belltown by Richard Tsang
