Sales Update: Insignia 82%, Luma 16%, Vik 86%, Girdiron 14%
Quick update on sales numbers for new construction projects in the area.
Sales for the projects we have received updates from have slowed, with the exception of Vik, and possibly Luma, but Luma is going to update on sales numbers until the end of the year.
This update we’re adding Hyde, a new condo development on Phinney Ridge, that has one presale.
Selling Now
Fort Lawton – 15% pending
26 houses, 3 pending, 1 closed (+2 since last month)
Move in date: as they sell.
Notes: The first closing was for $1m+. Next week 4420 and 4422 with more coming.
Gridiron – 14% reserved
107 units, 15 reservations (-1 since last month)
Move in date: 2017
Hyde Condos – 3%
32 units, 1 pre-sale
Move in date: fall 2016
Insignia North Tower – 77% pending
348 units, 268 pending (+4 since last month)
Move in date: summer 2016
Insignia South Tower – 86% pending & closed
350 units, 11 in escrow, 290 closed (+4 since last month)
Move in date: now
Luma – 16% sold
168 units, 27 pending (as of 9/1/15, only reporting quarterly, update expected at the end of the year)
Move in date: 2016
Residences at Fairview – 67% sold
21 units, 5 reserved, 3 pending, 6 closed
Note: sales on hold for now, will resume when phase 2 homes are finished in late spring/summer 2016
Solo Lofts – 90% pending
20 units, 17 pending
Move in date: December
Vik Ballard – 86% pending
117 units, 101 pending (+10 since last month)
Move in date: January 2016
Coming soon
Urban Green Villa
116 units
Notes: hasn’t broken ground yet