Market Watch

Firm Affiliates with the Global Partnership, Targeted Real Estate Associations and Foreign-born Brokers.

The latest statistics released by the NWMLS suggest continued improvement in the in-city housing market and for much of the metro area. Let’s first look at the new construction segment...

As consumers are stepping off the beach and back into the market, Realogics Sotheby's International Realty is hosting a company-wide in-city condo showcase this weekend on September 8th & 9th from 1pm to 4pm. Prospective buyers are encouraged to tour more than a dozen new and resale properties, which include new models at Fifteen Twenty-One Second Avenue and Olive 8 in downtown Seattle, Harvard & Highland on Capitol Hill, The Lakeside Condominiums in Leschi, and The Residences at Fairview on Lake Union.

Realogics Sotheby’s International Realty is pleased to present this combined open house showcase to be hosted on September 8 & 9 from 1:00 to 4:00pm (or by appointment). In addition to our featured new construction properties that will include Olive 8, Fifteen Twenty-One Second Avenue, The Lakeside, The Residences at Fairview and Harvard & Highland we’ll be featuring a select number of our resale listings as well.

Summer may be coming to a close but for lakeside living it is still open season. Below are a collection of lakefront properties:

A proposed program would make developers buy development rights for farms and forests; in return, developers would be able to build bigger buildings. If they buy the rights, that protects the farms and forestlands from development

LUXE Interiors + Ferrari of Seattle + Realogics Sotheby's International Realty hosted The Great Gatsby private event on July 26, 2012 at an Elizabeth Ayers-designed estate overlooking Lake Washington. Guests enjoyed Ferrari test drives, a garden party adorned with Canlis Glass and inspired furnishings by Masins. Spirits, fine wines and bites by, O Wines, DeLille Cellars, Glass Vodka and John Howie. It was a grand affair for the Connoisseurs of Life.

We are pleased to present our inaugural Central Puget Sound Market Report for the first half of 2012.  The Greater Seattle Market Pendulum showcases the continuation in rising demand and the dwindling market supply is creating a swing in the market pendulum to a more positive territory.  View the full Market Report analysis for Seattle, Bellevue, Bainbridge Island and Waterfront trends here. 

Realogics Sotheby's International Realty is proud to offer Seattle's best new construction inventory available – below is an update on each project:

The in-city condo market has continued to tighten as rising demand struggles with dwindling supply.  In total we estimate there are now only 234 condominiums available to choose from (including both resale and new construction) in downtown Seattle.  Of this inventory 141 units are listed on the NWMLS with a median asking price of $573,000 (100 units are resale while 41 are new construction with additional inventory not listed).  In all there are just 134 new construction condominiums that remain unsold in the center city primarily within four primary buildings (in order of inventory most to least): Escala, Olive 8, Fifteen Twenty-One Second Avenue and Four Seasons Private Residences.