Luke Bartlett - Insignia - August 2018

2931 1st Ave. South, Suite A Seattle, WA. 98134

INSIGNIA

Each office independently owned and operated

Real Estate Market Report | August 2018

LUKE BARTLETT | BROKER 206.504.4396 Luke@MetropolistGroup.com www.InsigniaForSale.com

Continued Success in Insignia with Luke Bartlett

583 Battery Street #702N 1 Bedroom | 1 Bathroom | 836 Sq. Ft. Sold for $887,000

MID-YEAR

INSIGNIA REAL ESTATE REVIEW

Sold for 106% of Asking Price

Sold in 1 Week

588 Bell Street #701S 1 Bedroom | 1 Bathroom | 833 Sq. Ft. Sold for $925,000

CONDO SOLDS

Sold for 111% of Asking Price

588 Bell Street #815S 2 Bedrooms | 1 Bathroom | 1,215 Sq. Ft. Sold for $1,040,000

Total Sales

Average Sold Price

Average Price Per Sq. Ft.

Average Days on Market

Average SP/LP

2017

24

$1,306,829

$959

41

98.9%

2018

21

$1,182,905

$1,029

20

100.5%

Change

-12.5%

-9.5%

+7.3%

-51.2%

+1.6%

PREPARED ESPECIALLY FOR

Johnathan and Angela-Marie Williams

Johnathan and Angela-Marie, This statistical analysis represents the average comparisons of 2018 over 2017 for Insignia. For an in-depth analysis of your home’s value, call me today at 206.504.4396 for a complimentary evaluation.

M. Brandon Ehrlich, VP, Branch Manager Cell: 206-251-5019 | Office: 206-691-2929 NMLS ID#: 583001 brandon.ehrlich@homestreet.com | www.brandoneloans.com 1700 Westlake Avenue North, Suite 600 Seattle, WA 98109

Presented by

Luke Bartlett All loans subject to approval.

Your Insignia Real Estate Specialist & Neighbor www.InsigniaForSale.com

FOR ALL THINGS DOWNTOWN

INSIGNIA TOWER Real Estate Market Report

Client Testimonial

LUKE BARTLETT | BROKER 206.504.4396 Luke@MetropolistGroup.com www.InsigniaForSale.com

We worked with Luke for both our recent home sale and home purchase and he couldn’t have been more helpful or professional. He walked us patiently through all the steps at both ends and was super quick with responses whenever we emailed, texted or called. He helped stage our condo for sale and has a keen eye for detail. Real estate transactions are inherently nerve-wracking and he kept us calm and confident through it all with his kindness and expertise.

- Wendy & Kevin

Shopping for a

HOME LOAN? Brandon and team know that the Puget Sound market is tight, but we don’t let a little competition scare us. With a loan approval from HomeStreet Bank in hand, you can bravely put in an offer on the home you love. Our team of local experts is here to walk you through the process and answer your questions.

Come on by! We’re at 1700 Westlake Avenue North, Suite 600.

All loans subject to approval.

M. Brandon Ehrlich, VP, Branch Manager Cell: 206-251-5019 | Office: 206-691-2929 NMLS ID#: 583001 brandon.ehrlich@homestreet.com www.brandoneloans.com 1700 Westlake Avenue North, Suite 600 Seattle, WA 98109

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All loans subject to approval.

Johnathan and Angela-Marie, If you want to keep up with your home’s value, contact me today at 206.504.4396 to receive your quarterly market snapshot.

ACTIVE Insignia Tower Condos Unit

Beds

Baths

Est. Sq. Ft.

List Price

List Date

Price/Sq.Foot

403N

1

1.00

940

$798,450

06/07/18

$849

1804S

1

1.00

792

$845,000

05/03/18

$1,067

1404N

1

1.00

792

$850,000

06/21/18

$1,073

306S

2

1.75

1,035

$950,000

07/12/18

$918

212N

2

1.75

1,148

$999,700

06/04/18

$871

2701S

2

1.75

1,003

$1,180,000

07/17/18

$1,176

3004N

2

2.00

1,252

$1,547,800

07/12/18

$1,236

1207S

2

1.75

1,523

$1,645,000

06/14/18

$1,080

3703

2

1.75

1,476

$1,790,000

07/18/18

$1,213

3506S

2

1.75

1,523

$2,199,000

05/04/18

$1,444

3904N

3

2.00

2,528

$3,430,000

06/27/18

$1,357

PENDING Insignia Tower Condos Unit

Beds

Baths

Est. Sq. Ft.

List Price

List Date

Price/Sq. Foot

1901

2

1.75

1,003

$1,049,000

06/23/18

$1,046

2102

2

2.00

1,119

$1,100,000

06/20/18

$983

2308S

2

1.75

1,006

$1,150,000

06/21/18

$1,143

2508

2

2.00

1,006

$1,150,000

06/08/18

$1,143

2401N

2

1.75

1,003

$1,180,000

06/01/18

$1,176

2303

2

2.00

1,156

$1,350,000

06/14/18

$1,168

3902S

2

1.75

1,254

$1,350,000

06/03/18

$1,077

+ Get the Most Accurate Assessment seessment of Your HHome’s ome’’s VValue a

www.InsigniaForSale.com Receive the most accurate assessment of your home’s value, provided to you as a complimentary service by Luke, your Insignia real estate specialist. You will not be contacted with any other solicitation.

Your home’s value will be based on several key factors: • Home sales in Insignia for the past six months • Square footage, condos, views, and location • Special features that set your home apart from others

Facts & Trends Number of Condos Sold Average Price/Sq. Foot

SOLD Insignia Tower Condos in the Last 180 Days Unit

Beds Baths Est. Sq. Ft. List Price

List Date

4

Sold Price Sold Date Price/Sq. Foot

1706

2

1.75

1,269

$1,375,000 05/03/18 $1,300,000 06/18/18

$1,024

3003N

2

2.00

1,476

$1,888,000 05/03/18 $1,888,000 06/11/18

$1,279

2801N

2

2.00

1,003

$1,119,950 02/27/18 $1,050,000 06/07/18

$1,047

3101S

2

1.75

930

$1,250,000 04/27/18 $1,200,000 06/04/18

$1,290

2401

2

1.75

1,003

$1,099,000 05/14/18 $1,100,000 05/25/18

$1,097

1802N

2

2.00

1,254

$1,250,000 03/01/18 $1,225,000 05/24/18

$977

815S

2

1.75

1,215

$1,050,000 04/12/18 $1,040,000 05/18/18

$856

411S

2

1.75

1,239

$1,010,000 03/22/18 $1,010,000 05/02/18

$815

3002S

2

1.75

1,254

$1,350,000 03/06/18 $1,325,000 04/27/18

$1,057

716

2

2.00

1,443

$1,339,000 01/01/18 $1,268,000 04/12/18

$879

701S

1

1.00

833

$875,000 03/09/18

$925,000

04/09/18

$1,110

606N

2

2.00

1,038

$899,000 02/22/18

$925,000

04/03/18

$891

710S

2

1.75

1,023

$999,000 02/22/18

$985,000

03/29/18

2603S

2

2.00

1,156

$1,300,000 02/08/18 $1,290,000 03/28/18

813S

2

1.75

1,596

$1,298,000 02/08/18 $1,298,000 03/27/18

406

2

2.00

1,035

1407S

2

1.75

1,523

702N

1

1.00

836

3402S

2

1.75

1,254

1705

1

1.00

773

2003S

2

1.75

1,156

$900,000 02/07/18

$935,000

03/14/18

$1,625,000 01/16/18 $1,650,000 03/14/18 $799,000 02/01/18

$1,083

03/07/18

$1,061 $1,077

$900,000

$936

APR 18

4 1,160

MAY 18

JUN 18

TOP 5 COMPETITIVE PROPERTIES For the Last 3 Months PROPERTY

1521 Condos Cristalla Enso Escala Olive 8

ACTIVE

PENDING

SOLD

DOM

AVG. SOLD PRICE/SQ. FT.

4 8 2 8 5

1 1 1 1 0

2 6 2 8 6

20 11 20 42 40

$1,313.52 $941.75 $916.45 $721.63 $1,066.15

$813 $903

$1,350,000 01/11/18 $1,350,000 02/26/18 $799,000 01/08/18

$887,000

$963 $1,116

$984

4

02/23/18

$1,164

$1,290,000 01/02/18 $1,290,000 02/08/18

$1,116

Looking to move or upgrade? Before you list your home, let me show you what’s available and let’s find your dream home. Call me today at 206.504.4396.

Luke Bartlett and Metropolist are not in any way affiliated with the Insignia Home Owners Association, nor is this in any way an official advertisement or publication of Insignia. ©2018 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Association of Realtors® (AOR) and NWMLS as well as property builders by location from January 15th, 2018 through July 15th, 2018. Listings and sales may not be those of Metropolist. The NWMLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. E&OE. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.254.9619 | ©2018