inside this issue SEPTEMBER 2014 EDITION | SALES STATS FOR AUGUST 2014 Featured Building Canal Station Market Analysis Seattle area Trends & Prices Sold Listings Last Month Downtown Seattle, Queen Anne & Capitol Hill / Eastlake Featured Listing Incredible space, tremendous views 02 03 04 07 CONDO SCOOP 206.910.5000 www.stroupe.com View the Canal Station Profile
Featuring Canal Station, a contemporary mixed-use condominium development in the heart of Ballard. Also featuring an incredible space with tremendous views at Harbour Heights.
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inside this issue
SE PTE M B E R 2014 E D ITION | SALES STATS FOR AUG UST 2014
Featured BuildingCanal Station
Market AnalysisSeattle area Trends & Prices
Sold Listings Last MonthDowntown Seattle, Queen Anne & Capitol Hill / Eastlake
Featured ListingIncredible space, tremendous views
Canal station is a contemporary mixed-use condominium development, located in the heart of the historic Ballard district. Built in 2007, the building’s exterior boasts warm details that conjure the classic feel of small-town living while remaining thoroughly urban and up-to-date. The six story triangular building is classically styled with a smoothly rounder glass prow pointing towards the water, a subtle nod to Ballard’s rich maritime history. Floor plans include junior one-bedroom, one-bedroom, one-bedroom plus den, two-bedroom, and two-bedroom plus den units. All homes include a fireplace, cherry or maple kitchen cabinetry, and a spacious balcony in most of the units. Canal Station was developed by Continental Properties, the same developer credited for building Canal Station North and Ballard Place. The addition of these condominium properties has helped revitalize Ballard into a more eclectic and trend setting community.
featured building
canal stationCONTEMPORARY LIVING IN HISTORIC BALLARD.
ADDRESS
5440 Leary Avenue NW
NEIGHBORHOOD
Ballard
TOTAL # OF UNITS
163 (including commercial)
YEAR BUILT
2007
TOTAL STORIES
6
LISTING HISTORY, PAST 12 MONTHS
(From 9/1/13 to 8/31/14 )
Total # of Units Listed: 18 (units that were relisted after coming off the market are counted as one)
Total # of Unit Sales: 15 (plus zero sold subject to inspection, zero pending sales)
Currently Active on Market: 1 (as of 9/5/14)
SALES HISTORY, PAST 12 MONTHS
Average-Unit Orig. List Price: $328,187
Average-Unit Sale Price: $323,087
List / Sold Price Ratio: 98.45%
Average-Sold Price per sq/ft: $401.41
Average Market Time: 38 days
AMENITIES
Concierge (Part Time), Hot tub (Outdoor), Sauna, Business Center, Conference Room, Club Room, Fitness Center, Terrace (Patio), A/C (Common Spaces Only), Secured Parking (Assigned)
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 $623,065 List $540,921
Sold $606,378 Sold $523,671
-2.68% Variance -3.19% Variance
Sold Listings
48
39
-18.8% Change
Average $ / SF
$506
$574
13.4% Change
Average Prices2013 2014
List $337,097 List $372,925
Sold $332,314 Sold $367,523
-1.42% Variance -1.45% Variance
Sold Listings
36
28
-22.22% Change
Average $ / SF
$361
$415
14.96% Change
Average Prices2013 2014
List $314,600 List $335,234
Sold $313,214 Sold $333,246
-0.44% Variance -0.59% Variance
Sold Listings
62
52
-16.13% Change
Average $ / SF
$360
$400
11.11% Change2013August
2014 2013August
20142013August
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
A S O N D J F M A M J J A2013 2014
AVERAGE SOLD PRICES FOR THE PAST 12 MONTHS, AUGUST 2013 – JULY 2014
ADDRESS UNIT SF $ / SF BED BATH AGE LIST PRICE SOLD PRICE
move into the current
206.910.5000www.stroupe.com 5
Innovative. Experience. Results.OUR PHILOSOPHY Buying or selling a property is one of the most important financial decisions you will ever make. When it comes to the competitive Seattle real estate market, the place to be is in the know. We believe in taking the time to educate clients so that they can make smart, informed choices. BEYOND EXPECTATIONS Having an experienced, savvy agent on your side is key to achieving the results you desire. Meeting our clients’ needs above and beyond their expectations is the foundation of our success. We take pride in offering the highest level of professional integrity and reliable service. To learn more about how we can help you reach your real estate goals and turn your dreams into reality, contact us today or visit our website at www.stroupe.com.
listings
sold listings last month
QUEEN ANNE
1900 Taylor Ave N G 1614 480 2 2.5 32 $ 825,000 $ 775,000 7 Highland Dr 704 1106 669 2 1.75 46 $ 750,000 $ 740,000 17 W Mercer St 309 1473 445 2 2 12 $ 679,000 $ 655,000 7 Highland Dr 403 1106 588 2 1.75 46 $ 649,900 $ 649,900 2152 7th AveW D 1375 415 1 1.5 9 $ 599,000 $ 570,000 410 W Roy St E-405 1130 406 2 2 32 $ 459,000 $ 459,000 2101 Nob Hill Ave N 3-B 926 437 2 1 32 $ 399,950 $ 405,000 1250 Taylor Ave N 402 1235 321 2 1.75 36 $ 399,000 $ 397,050 500 W Roy St W-106 1071 365 2 2 32 $ 399,950 $ 391,000 200 W Comstock St 204 704 524 1 1 9 $ 364,950 $ 369,000 555 Prospect St 6 1006 361 2 1.75 35 $ 370,000 $ 363,000 102 Galer St 201 767 469 1 1 87 $ 350,000 $ 360,000 117 John St 4 863 417 2 1 107 $ 350,000 $ 360,000 1808 Bigelow Ave N B-202 816 435 1 1 89 $ 355,000 $ 355,000 621 5th Ave N 202 828 392 2 2 15 $ 349,500 $ 324,500 720 Queen Anne Ave N 501 684 468 1 1 17 $ 319,950 $ 319,950 924 W Emerson St 936-C 1175 260 2 1.75 39 $ 305,000 $ 305,000 1504 Aurora Ave N 405 819 348 2 1.5 23 $ 285,000 $ 285,000 810 Taylor Ave N 121 720 375 1 1 36 $ 269,950 $ 269,950 812 5th Ave N 103 592 448 1 1 12 $ 265,000 $ 265,000 3044 14th Ave W B-103 662 400 1 1 24 $ 265,000 $ 265,000 520 2nd Ave W 409 590 437 1 1 22 $ 269,000 $ 258,000 812 5th Ave N 401 542 415 0 1 12 $ 224,900 $ 224,900 202 14th Ave N 11 750 276 1 1 105 $ 214,950 $ 207,000 1300 W Boston 33 653 306 1 1 22 $ 192,950 $ 200,000 123 Queen Anne Ave N A-303 458 415 0 1 14 $ 195,000 $ 190,000 1623 Taylor Ave N 104 650 257 1 1 88 $ 169,950 $ 167,000 519 W Roy St 205 492 326 0 1 84 $ 165,000 $ 160,400
ADDRESS UNIT SF $ / SF BED BATH AGE LIST PRICE SOLD PRICE
ADDRESS UNIT SF $ / SF BED BATH AGE LIST PRICE SOLD PRICE
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featured listing
incredible space, tremendous viewsBIG, BRIGHT AND BEAUTIFUL TWO BEDROOM UNIT WITH SOUND AND CITY VIEWS
Perched high in the Seattle sky is this stunning 1835 sq/ft condo featuring Sound, mountain & city views from every room. With its flowing floor plan, vast private deck & enclosed sun-room, every room in this home is filled with natural light. Includes gourmet Kitchen w/granite counter tops, custom entertainment center & shelves, hardwood floors, laundry room w/plenty of storage, master bathroom with dbl vanities & soaking tub. Harbour Heights boasts pool, hot tub, sauna, secure lobby & parking.
Schedule a Showing
ADDRESS
2621 2nd Avenue, #1505
PRICE
$750,000
BEDROOMS
2
BATHROOMS
2
PARKING
1 space (Secured)
YEAR BUILT
1980
SIZE
1,835 SF (per King Co. Tax Records)
HOD
$1,346/month
TAXES
$6,699/year (Tax Year of 2014)
BUILDING FEATURES
Pool (Outdoor), Hot tub (Outdoor – Covered), Sauna, Club Room, Fitness Center, Terrace (Rooftop + Patio), A/C (Common Spaces + Some Units), Secured Parking (Assigned)
PROPERTY DETAILS
View the Harbour Heights Profile
View more Photos and Details
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AvenueOneFORWARD LIVING. URBAN STYLE
ADDRESS
2721 1st Avenue
TOTAL # OF UNITS
116 (entire complex)
YEAR BUILT
2005
AMENITIES
Concierge (Full Time), Guest Suite (One), Club Room (Full Kitchen), Fitness Center, Terrace (Rooftop + Courtyard), A/C (Common Spaces + Some Units), Secured Parking (Assigned)
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.