inside this issue JULY 2014 EDITION | SALES STATS FOR JUNE 2014 Featured Building The Royal Crest Market Analysis Seattle area Trends & Prices Sold Listings Last Month Downtown Seattle, Queen Anne & Capitol Hill / Eastlake Featured Listing Sound views from corner unit in Cristalla 02 03 04 07 CONDO SCOOP 206.910.5000 www.stroupe.com View The Royal Crest Profile
Featuring the first high-rise building in Belltown with its many amenities, open floor plans and spacious decks. Also featuring the corner unit at the Cristalla, a highly-sought-out space in one of Seattle's premier buildings.
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inside this issue
J U LY 2014 E D ITION | SALES STATS FOR J U N E 2014
Featured BuildingThe Royal Crest
Market AnalysisSeattle area Trends & Prices
Sold Listings Last MonthDowntown Seattle, Queen Anne & Capitol Hill / Eastlake
Featured ListingSound views from corner unit in Cristalla
Known to be the first high-rise built in the Belltown neighborhood, the Royal Crest is a 128-unit, 26-story steel reinforced concrete high-rise condominium complex. The 21 top floors consists of 132 privately-owned units with only 6 units per floor. Most units feature large, open floor plans with spacious decks with sound, mountain or city views. The 2nd and 3rd floors house 58 parking spaces for homeowners. On the 4th floor are swimming pool and deck, two saunas, two shower rooms, fitness center, fully furnished party room and an exterior terrace. Full security is provided through a television monitor/voice intercom system in the lobby, plus an on-site resident manager.
featured building
the royal crestAT WORK. AT PLAY. AT HOME.
ADDRESS
2100 3rd Avenue
NEIGHBORHOOD
Belltown
TOTAL # OF UNITS
128 (not including commercial)
YEAR BUILT
1972
TOTAL STORIES
26
LISTING HISTORY, PAST 12 MONTHS
(From 7/1/13 to 6/30/14 — unit #505 is not included in stats)
Total # of Units Listed: 9 (units that were relisted after coming off the market are counted as one)
Total # of Unit Sales: 7 (plus zero sold subject to inspection, one pending sales)
Currently Active on Market: 1 (as of 7/5/14)
SALES HISTORY, PAST 12 MONTHS
Average-Unit Orig. List Price: $330,500
Average-Unit Sale Price: $305,000
List / Sold Price Ratio: 92.3%
Average-Sold Price per sq/ft: $348.86
Average Market Time: 56 days
AMENITIES
Pool (Outdoor), Sauna, Club Room (Full Kitchen), Fitness Center, Terrace (Patio), A/C (Some Units), Secured Parking (Assigned, not all units)
local market activityMARKET TRENDS, PRICING AND SALES FOR THE PAST MONTH IN THE SEATTLE AREA
DOWNTOWN SEATTLE QUEEN ANNE CAPITOL HILL/EASTLAKE
Average Prices2013 2014
List $461,044 List $616,138
Sold $457,236 Sold $600,484
-0.83% Variance -2.54% Variance
Sold Listings
46
47
2.2% Change
Average $ / SF
$491
$604
23.0% Change
Average Prices2013 2014
List $381,783 List $320,187
Sold $379,448 Sold $320,168
-0.61% Variance 0.01% Variance
Sold Listings
31
34
9.68% Change
Average $ / SF
$368
$374
1.63% Change
Average Prices2013 2014
List $290,168 List $393,267
Sold $298,874 Sold $392,476
3.00% Variance -0.20% Variance
Sold Listings
25
47
88.0% Change
Average $ / SF
$386
$449
16.32% Change2013June
2014 2013June
20142013June
2014
Downtown Seattle Queen Anne Capitol Hill/Eastlake
Figures reflect the average — not median — sold price for the last 12 months; large fluctuations in the average price of listings may be due to a few exceptionally priced sales affecting the overall average.
$800K
$700K
$600K
$500K
$400K
$300K
$200K
Downtown Seattle
Queen Anne
Capitol Hill / Eastlake
J J A S O N D J F M A M J2013 2014
AVERAGE SOLD PRICES FOR THE PAST 12 MONTHS, JUNE 2013 – JUNE 2014
ADDRESS UNIT SF $ / SF BED BATH AGE LIST PRICE SOLD PRICE
7
featured listing
sound views from corner unit in cristallaBRIGHT AND BEAUTIFUL TWO BEDROOM UNIT WITH SOUND AND CITY VIEWS
Relish living in this highly sought out northwest corner unit in the Cristalla — one of Seattle’s premier buildings. Amazing mountain, Puget Sound and city views from every room. This expansive unit features top of the line finishes including wood floors, slab granite, stainless steel appliances and 2 secured parking spaces. Cristalla’s first class amenities include hot tub, sauna and steam room, club room, theater, flex room, roof top deck, dog run and 24/7 concierge. Great location, close to Pike Place Market, the retail core and Belltown.
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ADDRESS
2033 2nd Avenue, #1502
PRICE
$1,250,000
BEDROOMS
2 (Plus Den)
BATHROOMS
1.75
PARKING
2 spaces (Secured)
YEAR BUILT
2005
SIZE
1583 SF (per King Co. Tax Records)
HOD
$1279/month
TAXES
$8,322/year (Tax Year of 2013)
BUILDING FEATURES
Concierge (Full Time), Guest Suite (One), Hot tub (Indoor), Sauna, Steam Room, Business Center, Conference Room, Club Room (Full Kitchen), Movie Room, Wine Storage (Privately Owned), Fitness Center, Yoga / Flex Room, Dog Area (Outdoor), Terrace (Rooftop + Patio), A/C (Entire Building), Historic (Facade Only), Secured Parking (Assigned)
PROPERTY DETAILS
View the Cristalla Profile
View more Photos and Details
CLICK HERE
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featured in our next edition…
81 Vine StreetLEGENDARY LOFTS
ADDRESS
81 Vine
TOTAL # OF UNITS
23 (entire complex)
YEAR BUILT
1914 / Converted 1990
AMENITIES
A/C (Some Units), Historic, Secured Parking (Assigned, not all units)
This newsletter is provided to you at no charge as a continuing service from the Stroupe Group. Information is not guaranteed to be error-free and should not be relied upon. All information should be verified. Please feel free to contact us with any questions or comments. If your property is currently listed, this is not a solicitation for that listings. Each office is independently owned and operated.