Luke Bartlett - Insignia - Feb 2018

INSIGNIA

2931 1st Ave. South, Suite A Seattle, WA. 98134 Each office independently owned and operated

Real Estate Market Report | February 2018

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

HOME SALE PRICES ARE UP AN AVERAGE OF

$295,434 FOR 2017!

Insignia 2017 Year-End Review

$

Average Sold Price

2017 AVERAGE: $1,234,586

2017 AVERAGE: $981

Low: $660,000 • High: $3,125,000

Low: $714 • High: $1,382

2016 AVERAGE: $939,152

Average Price per Square Foot

Low: $493,900 • High: $2,817,800

2016 AVERAGE: $781 Low: $492 • High: $1,363

2017

Number of Homes Sold

Average Days on Market

Avg. Sold Price /List Price Ratio

Available Monthly Inventory

45

26

101.3%

1.1

366 FEWER HOMES SOLD THAN 2016

LOW: 1 / HIGH: 238 53 DAYS FASTER THAN 2016

LOW: 84.9% / HIGH: 111.2% 1.3% HIGHER THAN 2016

HOMES LISTED IN 2017: 39 HOMES STILL AVAILABLE: 4

PREPARED ESPECIALLY FOR

Johnathan and Angela-Marie Williams

Reflects data from the NWMLS from January 1st through December 31st, 2016 and 2017. Deemed accurate but not guaranteed.

M. Brandon Ehrlich, VP, Branch Manager Cell: 206-251-5019 | Office: 206-691-2929 NMLS ID#: 583001 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

Client Testimonial

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

FOR ALL THINGS DOWNTOWN

INSIGNIA TOWER Real Estate Market Report

Luke was great to work with. His experience and knowledge of the market allowed us to have a worry free experience. He was also very helpful and accommodating working with my work relocation company. If you are looking to buy or sell contact Luke!

- Emanuel M.

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.

+ Get the Most Accurate Assessment of Your Home’s Value

www.InsigniaForSale.com

ACTIVE Insignia Tower Condos Unit

Beds

Baths

1705

1

1

2203S

2

1

3402S

2

1

716

2

2

Est. Sq. Ft.

List Price

List Date

Price/Sq.Foot

773

$799,000

01/08/18

$1,034

1,062

$1,299,000

01/09/18

$1,223

1,254

$1,350,000

01/11/18

$1,077

1,443

$1,380,000

01/01/18

$956

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:

PENDING Insignia Tower Condos Unit 2003S

Beds

Baths

Est. Sq. Ft.

List Price

List Date

Price/Sq.Foot

2

1

1,156

$1,290,000

01/02/18

$1,116

•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 SOLD Insignia Tower Condos in the Last 180 Days Unit

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

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All loans subject to approval.

Beds Baths Est. Sq. Ft. List Price

List Date

Sold Price Sold Date Price/Sq.Foot

Number of Condos Sold Average Price/Sq. Foot

311S

2

1

1,293

$970,000 10/12/17

$980,000

12/15/17

$758

804S

2

1

943

$899,000 10/20/17

$956,000

12/14/17

$1,014

304

1

1

948

$798,500 11/01/17

$798,500

12/12/17

$842

2007

2

1

1,523

611N

1

1

868

3906S

2

1

1,523

$1,999,990 09/20/17 $2,105,000 10/23/17

$1,382

2001N

2

1

1,003

$998,000 09/08/17 $1,110,000 10/20/17

$1,107

3203N

2

2

1,476

$1,749,000 09/18/17 $1,749,000 10/13/17

$1,185

For the Last 3 Months

2903

2

2

1,476

$1,650,000 09/06/17 $1,650,000 10/02/17

$1,118

PROPERTY

1307

2

1

1,523

$1,650,000 07/27/17 $1,650,000 09/22/17

$1,083

814S

1

1

1,181

$949,000 07/24/17 $1,000,000 09/15/17

$847

217

1

1

922

$750,000 08/07/17

$805,000

09/14/17

$873

1405S

1

1

773

$779,000 07/24/17

$800,000

08/31/17

$1,035

1902

2

1

1,254

$1,200,000 07/19/17 $1,300,000 08/31/17

$1,037

1908

2

1

1,006

$899,000 06/19/17 $1,000,000 08/22/17

$994

706

1

1

949

$838,000 06/06/17

$838,000

08/18/17

$883

412S

1

1

728

$629,000 07/10/17

$660,000

08/15/17

$907

507N

1

1

949

$798,800 07/13/17

$816,000

08/11/17

1806S

2

1

1,270

$1,295,000 07/01/17 $1,358,000 08/11/17

$1,069

1907N

2

1

1,523

$1,600,000 06/27/17 $1,600,000 08/10/17

$1,051

209N

1

1

902

$1,595,000 10/13/17 $1,590,972 11/15/17 $815,000 10/03/17

$755,000 06/29/17

$815,000

$755,000

11/13/17

08/04/17

4 $1,198

$1,045 $939

1

$1,045

OCT 17

3 $871

NOV 17

DEC 17

TOP 5 COMPETITIVE PROPERTIES 1521 Condos Cristalla Enso Escala Olive 8

ACTIVE

PENDING

SOLD

DOM

3 1 0 1 2

0 0 0 5 0

1 2 2 3 3

59 33 6 7 28

AVG. SOLD PRICE/SQ. FT.

$1,535.09 $910.62 $998.74 $889.18 $949.70

$860

$837

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 July 15th, 2017 through January 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 | 858.847.8631 | ©2018