january scoop

Download January Scoop

Post on 10-Mar-2016

213 views

Category:

Documents

0 download

Embed Size (px)

DESCRIPTION

Penthouse at the Vine

TRANSCRIPT

  • inside this issue

    JAN UARY 2013 E D ITION | SALES STATS FOR DECE M B E R 2012

    Featured BuildingThe Vine Building

    Market AnalysisSeattle area Trends & Prices

    Sold Listings Last MonthDowntown Seattle, Queen Anne & Capitol Hill / Eastlake

    Featured ListingBelltown Penthouse

    020304

    07

    c o n d o s c o o p

    206.910.5000www.stroupe.com

    View the Vine Building Profile

  • The Vine condominium is a combination of two buildings. The north building is 12 stories, while the south building is 6 stories. Designed by one of the foremost design firms on the West Coast GGLO Architects, the Vine was built with integrated thinking and is an outstanding project. The two towers house 175 luxury condominiums featuring Northwest Architecture. Unique floor plans for studios, lofts, one and two bedrooms plus penthouses. With amenities such as 24/7 concierge service, high tech club room, state of the art fitness center, controlled access and secure parking, there is no better living then at the Vine. Enjoy 3000 square feet of rooftop terrace for BBQs with friend and neighbors while relishing the views of Elliott Bay and Seattle city lights. Or, during the winter months, cozy up next to the gas log fireplace offered in each private residence. And dont forget about your out of town guests. During their visit they can relax in one of two fully furnished guest suites and take advantage of all the Vine amenities. With all this to offer, it is all luxury living at the Vine.

    featured building

    the vine buildingSIGNATURE BELLTOWN CONDOMINIUMS

    Address

    2607 Western Avenue

    ToTAl # of UniTs

    175 (not including commercial)

    YeAr BUilT

    2002

    ToTAl sTories

    12 and 6 (two attached buildings)

    lisTing HisTorY, PAsT 12 MonTHs

    Total # of Units listed: 19 (units that were relisted after coming off the market are counted as one)

    Total # of Unit sales: 9 (plus zero sold subject to inspection, one pending sales)

    Currently Active on Market: 3 (as of 01/10/13)

    sAles HisTorY, PAsT 12 MonTHs

    Average-Unit orig. list Price: $486,527

    Average-Unit sale Price: $445,328

    list / sold Price ratio: 91.53%

    Average Market Time: 204 days

    AMeniTies

    24/7 Concierge service, Fitness Center, Club Room, Two Guest Suites, Rooftop deck

    Building Facts & stats

    View the Vine Building Profile

  • move into the current

    206.910.5000www.stroupe.com

    market analysis

    local market activityMARKET TRENDS, PRICING AND SALES FOR THE PAST MONTH IN THE SEATTLE AREA

    downtown seattle Queen anne capitol Hill/eastlake

    downtown seattle Queen Anne Capitol Hill/eastlake

    aVeRage sold pRices FoR tHe past 12 MontHs, JanuaRY 2012 deceMBeR 2012

    Figures reflect the averagenot mediansold price; large fluctuations in the average price of listings may be due to a few exceptionally priced sales affecting the overall average.

    $700K

    $600K

    $500K

    $400K

    $300K

    $200K

    downtown seattle$562,611 (2.4 %)

    Queen anne$284,509 (1%)

    capitol Hill / eastlake$338,221 (3.1%)

    Average Prices2011 2012

    List $608,103 List $576,544 Sold $571,204 Sold $562,611 6.07% Variance 2.4% Variance

    Sold Listings

    36

    36

    0% Change

    Average $ / SF

    $507

    $513

    +1.2% Change

    Average Prices2011 2012

    List $217,137 List $287,464 Sold $211,260 Sold $284,509 2.7% Variance 1.0% Variance

    Sold Listings

    15

    11

    -36.4% Change

    Average $ / SF

    $261

    $307

    +17.62% Change

    Average Prices2011 2012

    List $327,171 List $349,221 Sold $307,554 Sold $338,221 6.0% Variance 3.1% Variance

    Sold Listings

    34

    42

    19.05% Change

    Average $ / SF

    $330

    $372

    +12.73% Change

    J F M A M J J A S O N D J 2012 2013

    2011December

    2012 2011December

    2012 2011December

    2012

  • listings

    sold listings last month

    downtown seattle

    escala 1920 4th Ave 2902 1,878 812 2 2.5 4 $ 1,524,000 $ 1,524,000 1920 4th Ave 2008 1,607 600 2 2 4 $ 969,000 $ 964,000 1920 4th Ave 1211 1,607 497 2 2 4 $ 799,000 $ 799,000 1920 4th Ave 402 1,607 435 2 2 4 $ 699,000 $ 699,000 1920 4th Ave 811 1,607 435 2 2 4 $ 699,000 $ 699,000 1920 4th Ave 509 910 482 1 1.5 4 $ 429,000 $ 439,000

    Marselle 699 John St 619 846 396 1 1.5 4 $ 339,000 $ 335,000 699 John St 107 842 341 1 1.5 4 $ 294,990 $ 287,500

    olive 8 737 Olive Way 3707 834 689 1 1.5 4 $ 585,000 $ 575,000 737 Olive Way 3507 834 653 1 1.5 4 $ 565,000 $ 545,000 737 Olive Way 3407 834 635 1 1.5 4 $ 555,000 $ 530,000 737 Olive Way 3103 823 620 1 1.5 4 $ 525,000 $ 510,000 737 Olive Way 3304 680 713 1 1 4 $ 495,000 $ 485,000 737 Olive Way 3610 650 692 1 1 4 $ 455,000 $ 450,000

    Vine 2607 Western Ave 1207 1,097 556 2 1.75 11 $ 619,900 $ 610,000 2607 Western Ave 903 1,354 425 2 2 11 $ 595,000 $ 575,007

    other Properties 1521 2nd Ave 2503 1,644 1,034 2 1.75 5 $ 1,875,000 $ 1,700,000 1000 1st Ave 1901 1,769 947 2 2.5 7 $ 1,750,000 $ 1,675,000 2319 1st Ave 608 1,741 478 3 2 13 $ 899,000 $ 832,500 2030 Western Ave 706 1,299 423 2 1.75 24 $ 590,000 $ 550,000 2821 2nd Ave 904 1,318 391 2 1.75 31 $ 549,000 $ 515,0001415 2nd Ave 1204 1,004 497 2 1.5 22 $ 499,000 $ 499,000 2720 3rd Ave 1001 1,285 381 1 1.75 5 $ 482,000 $ 490,000 2600 2nd Ave 1203 878 476 2 2 20 $ 440,000 $ 418,000 2000 1st Ave 902 976 425 1 2 19 $ 415,000 $ 415,000 2801 1st Ave 206 878 467 2 1.75 12 $ 425,000 $ 410,000 819 Virginia St 2803 815 444 1 1 6 $ 339,000 $ 361,500 66 Bell St 209 872 366 1 0.75 13 $ 319,000 $ 319,000 510 6th Ave S 701 1,146 265 2 1.75 14 $ 299,000 $ 304,000 3104 Western Ave 510 794 375 1 1 5 $ 310,000 $ 297,500 2721 1st Ave 310 728 396 1 1 8 $ 299,950 $ 288,000 2100 3rd Ave 1803 779 356 1 0.75 40 $ 272,000 $ 277,000 526 1st Ave S 204 1,115 242 1 1 104 $ 274,950 $ 270,000 108 5th Ave S 501 920 255 2 1.75 12 $ 235,000 $ 235,000 2440 Western Ave 209 873 229 1 1 15 $ 154,900 $ 200,000 1119 1st Ave 215 659 259 1 1 111 $ 179,888 $ 171,000

    addRess unit sF $ / sF Bed BatH age list pRice sold pRice

  • move into the current

    206.910.5000www.stroupe.com

    listings

    sold listings last month

    Queen anne

    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.

    110 W Highland Dr 310 1,509 414 2 1.75 92 $ 646,750 $ 625,000 3003 14th Ave W 204 1,080 361 2 1.5 25 $ 385,000 $ 390,000 500 W Roy St W-209 1,031 376 2 2 31 $ 399,950 $ 388,000 18 Dravus St 207 932 311 2 2 14 $ 294,500 $ 290,000 2108 Warren Ave N 203 829 335 2 1.75 19 $ 277,500 $ 277,500 2253 Gilman Dr W 307 1,046 251 2 1.75 33 $ 269,000 $ 263,000 2040 13th Ave W 11 1,099 213 2 1.75 24 $ 239,900 $ 234,000 1525 Taylor Ave N 303 687 320 2 1 13 $ 218,000 $ 219,600 2530 15th Ave W 503 682 238 1 1 13 $ 162,500 $ 162,500 762 Hayes St 23 657 228 1 1 36 $ 154,000 $ 150,000 3420 15th Ave W 306 630 206 1 1 53 $ 115,000 $ 130,000

    addRess unit sF $ / sF Bed BatH age list pRice sold pRice

  • listings

    sold listings last month

    capitol Hill / eastlake

    726 Boylston Ave E 12 2,270 698 2 2.25 8 $ 1,895,000 $ 1,585,000 1175 Broadway Ave E 6 2,007 710 2 2.25 3 $ 1,475,000 $ 1,425,000 914E Highland Dr 914 1,675 463 2 2.25 34 $ 785,000 $ 775,000 1000 Union St PH-A 1,432 399 2 1.75 48 $ 599,950 $ 572,000 530 Broadway E 138 977 513 2 2.5 6 $ 489,000 $ 501,000 1408 12th Ave 402 820 543 1 1 6 $ 469,500 $ 445,000 1301 Spring St 5-A 1,265 336 2 1.75 31 $ 465,000 $ 425,000 717E Denny Wy 2-C 1,195 347 3 2 11 $ 435,000 $ 415,000 3217 Eastlake Ave E 312 1,384 293 2 1.75 9 $ 399,000 $ 406,000 1119 Lk. Wash. Blvd 1121 906 397 2 1 65 $ 364,950 $ 360,000 1100 17th Ave 402 1,100 323 2 1 84 $ 359,950 $ 355,000 2035 Eastlake Ave E 201 908 391 2 1.75 12 $ 358,880 $ 355,000 1812 19th Ave 211 961 343 1 1 10 $ 329,900 $ 329,900 1100 E Harrison St 102 1,040 308 2 2 26 $ 319,950 $ 319,950 320 Melrose Ave E 402 965 321 2 2 47 $ 315,000 $ 310,000 827 Hiawatha Place S 101 1,209 256 2 2 3 $ 319,500 $ 309,900 1740 Melrose Ave 202 1,096 268 2 1.5 50 $ 299,950 $ 294,000 311 E Republican St 600 780 365 2 1 10 $ 284,950 $ 285,000 75 E Lynn St 403 873 323 1 1 47 $ 279,950 $ 282,000 1420 Terry Ave 303 616 422 1 1 11 $ 249,900 $ 260,000 1408 12th Ave 308 615 423 1 1 6 $ 259,950 $ 259,950 827 Hiawatha Place S 607 858 297 2 1 3 $ 247,900 $ 255,100 1414 E Harrrison St F 900 264 1 1 106 $