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
Advertisement
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