Noting an approaching imbalance of supply and demand for luxury condominiums in downtown Seattle, RSIR finds median prices and sales volumes rising, especially for homes priced above $1 million (up 10% in 2012 over 2011 year end totals). Among the most preferred properties such as Fifteen Twenty-One Second Avenue, Olive 8 and The Lakeside, which collectively have only twenty homes remaining. The lack of new construction ahead bodes well for new projects like the Residences at Fairview, a Trinity Development featuring a collection of 21 unique Lake Union homes.
BRAVO'S TOP CHEF: SEATTLE
In case you missed it - Top Chef: Seattle called the 38th floor of Olive 8 home for their noted “Cheftestants” this past summer. Now airing on BRAVO, Top Chef: Seattle showcases Seattle’s vibrant and cosmopolitan lifestyle and the strength of our foodie town to millions of viewers. Tune in Wednesdays @ 10pm (PST).
NEW SKI & SNOW WEBSITE LAUNCHES
This online destination, with its own dedicated URL, provides unrivaled access to the full gamut of ski properties offered within our global Brand. From world-class ski in/ski out escapes to tranquil properties nestled within snowcapped mountains to rustic mountain getaways for snow enthusiasts, SkiPropertySIR.com has it all and has been designed to provide valuable insights and vast knowledge within one beautiful new location.
This month, brokers Libby Buckley & Maja Butler sold a 7,700- sq. ft. waterfront estate on Mercer Island, WA which closed at $6,600,000 and was only on the market for a few weeks.
ON THE NEWSSTANDS
The newest edition of The Collection Magazine, a regional publication featuring distinctive properties, broker profiles, preferred businesses, market reports and other interesting articles. Published by Realogics Sotheby's International Realty, enjoy your digital version or stop by to pick up your own copy.
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