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inside this issue

Aug ust 2013 E D ItION | sALEs stAts FOR j u Ly 2013

Featured Building2200 Westlake

Market Analysisseattle area trends & Prices

sold Listings Last MonthDowntown seattle, Queen Anne & Capitol Hill / Eastlake

Featured ListingView unit at the Cosmopolitan

020304

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c o n d o s c o o p

206.910.5000www.stroupe.com

View the 2200 Westlake Profile

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the 3 towers at 2200 Westlake are constructed of concrete and steel. the residential units feature high ceilings, floor to ceiling windows, gleaming hardwood floors, stainless steel appliances, granite countertops, walk-in closets, gas fire place, gas cook-tops, and generously sized decks. Amenities in the building consist of 24/7 concierge service, guest suite, Wi-Fi, theater room, game room, conference room, club room, state of the art fitness center and hot tub/spa.

featured building

2200 westlakeWHERE sERVICE Is AN ADDREss

Address

900 Lenora, 910 Lenora, 2121 terry Ave (three buildings)

neighborhood

Denny triangle

ToTAl # of UniTs

260 (not including commercial)

YeAr bUilT

2006

ToTAl sTories

12 / 15 / 18 (three towers 12 / 15 / 18 — no 13th floor)

lisTing hisTorY, PAsT 12 MonThs

(From 8/1/12 to 7/31/13)

Total # of Units listed: 23 (units that were relisted after coming off the market are counted as one)

Total # of Unit sales: 19 (plus one sold subject to inspection, two pending sales)

Currently Active on Market: 0 (as of 8/15/13)

sAles hisTorY, PAsT 12 MonThs

Average-Unit orig. list Price: $337,024

Average-Unit sale Price: $371,003

list / sold Price ratio: 110.1%

Average Market Time: 35 days

AMeniTies

Concierge (part time), Business Center, Conference Room, Club Room (full Kitchen), Movie Room, Fitness Center, Courtyard terrace, Hot tub (indoor), sauna, spa services (Hotel), guest suite (Hotel)

Building Facts & stats

View the 2200 Westlake Profile

move into the current

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market analysis

local market activityMARKEt tRENDs, PRICINg AND sALEs FOR tHE PAst MONtH IN tHE sEAttLE AREA

downtown seattle Queen anne capitol Hill/eastlake

downtown seattle Queen Anne Capitol hill/eastlake

Figures reflect the average — not median — sold price for the last 12 months; large fluctuations in the average price of listings may be due to a few exceptionally priced sales affecting the overall average.

$800K

$700K

$600K

$500K

$400K

$300K

$200K

downtown seattle$498,107 (+15.62%)

Queen anne$347,321 (+30.85%)

capitol Hill / eastlake$290,321 (+6.5%)

Average Prices2012 2013

List $441,576 List $505,893

Sold $430,815 Sold $498,107

97.56% Variance 98.46% Variance

Sold Listings

30

42

40% Change

Average $ / SF

$424

$489

15.3% Change

Average Prices2012 2013

List $269,612 List $349,343

Sold $265,441 Sold $347,321

98.45% Variance 99.42% Variance

Sold Listings

28

29

3% Change

Average $ / SF

$305

$378

+23.93% Change

Average Prices2012 2013

List $277,700 List $286,191

Sold $272,419 Sold $290,321

98.09% Variance 101.44% Variance

Sold Listings

33

43

30.3% Change

Average $ / SF

$313

$375

19.81% Change

j A s O N D j F M A M j j 2012 2013

2012july

2013 2012july

2013

aVeRage sold pRices FoR tHe past 12 MontHs, july 2012 – july 2013

2012july

2013

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listings

sold listings last month downtown seattle

belltown Court 2414 1st Ave 617 890 433 2 1.75 19 $ 385,000 $ 385,000 2415 2nd Ave 542 1,099 309 2 1.75 19 $ 339,950 $ 340,000 2414 1st Ave 748 579 410 1 1 19 $ 220,000 $ 237,500 2415 2nd Ave 439 541 425 1 1 19 $ 230,000 $ 230,000 Concord 2929 1st Ave 519 1,114 453 2 1.75 14 $ 523,000 $ 505,000 2929 1st Ave 422 1,128 399 2 2 14 $ 459,000 $ 450,000 Cosmopolitan 819 Virginia st 2709 1,324 483 2 1.75 6 $ 669,000 $ 640,000 819 Virginia st 2609 1,324 465 2 2 6 $ 630,000 $ 615,000 819 Virginia st 1911 954 472 1 1 6 $ 450,000 $ 450,000 819 Virginia st 906 777 492 1 1 6 $ 350,000 $ 382,000 819 Virginia st 903 820 433 1 1 6 $ 355,000 $ 355,000 819 Virginia st 1809 719 487 1 1 6 $ 350,000 $ 350,000 Cristalla 2033 2nd Ave 1909 1,588 677 2 2 8 $ 1,250,000 $ 1,075,000 2033 2nd Ave 2104 1,132 406 2 1.75 8 $ 460,000 $ 460,000 2033 2nd Ave 710 887 451 1 1.5 8 $ 399,900 $ 400,000 escala 1920 4th Ave 2003 1,878 692 2 2.5 4 $ 1,299,000 $ 1,299,000 1920 4th Ave 909 910 563 1 1.5 4 $ 519,950 $ 512,500 1920 4th Ave 407 952 497 1 1.5 4 $ 479,000 $ 473,000 florentine 526 1st Ave s 527 2,106 249 2 1.75 104 $ 599,000 $ 525,000 526 1st Ave s 209 1,260 287 1 1.5 104 $ 349,000 $ 362,000 526 1st Ave s 405 1,312 255 2 0.5 104 $ 350,000 $ 335,000 Matae 159 Denny Wy 603 1,148 431 2 1.75 7 $ 489,950 $ 495,000 159 Denny Wy 506 788 428 1 1.5 7 $ 349,950 $ 337,000 Mosler lofts 2720 3rd Ave 314 983 396 1 1 5 $ 399,000 $ 389,000 2720 3rd Ave 405 838 334 1 1 5 $ 239,000 $ 280,000 2720 3rd Ave 607 685 404 1 1 5 $ 279,950 $ 277,000 olive 8 737 Olive Wy 3008 1,092 536 1 1.5 4 $ 595,000 $ 585,000 737 Olive Wy 3706 808 699 1 1 4 $ 570,000 $ 565,000 737 Olive Wy 3804 680 813 1 1 4 $ 570,000 $ 553,000

addRess unit sF $ / sF Bed BatH age list pRice sold pRice

move into the current

206.910.5000www.stroupe.com 5

listings

sold listings last month downtown seattle (continued)

Queen anne

other Properties 1521 2nd Ave 2403 1,644 1046 2 1.75 5 $ 1,680,000 $ 1,720,000 2721 1st Ave 1102 1,338 635 2 2 9 $ 869,000 $ 850,000 2716 Elliott Ave 500 1,421 549 2 2 10 $ 799,000 $ 780,000 2607 Western Ave 1005 1,494 502 2 1.75 11 $ 749,987 $ 749,987 820 Blanchard Ave 1008 790 604 1 1 4 $ 459,950 $ 477,000 611 Post Ave 7 1,060 425 1 1 100 $ 465,000 $ 450,000 2600 2nd Ave 1006 729 504 1 1 20 $ 339,000 $ 367,500 2801 1st Ave 218 702 499 1 1 12 $ 355,000 $ 350,000 2621 2nd Ave 405 870 401 1 0.75 33 $ 349,950 $ 349,000 108 5th Ave s 702 748 368 2 1.75 12 $ 295,000 $ 275,000 699 john st 708 562 472 1 1 4 $ 259,950 $ 265,000 2201 3rd Ave 1301 502 498 0 1 34 $ 256,000 $ 250,000 2015 terry Ave 209 648 270 1 1 9 $ 210,000 $ 175,000

1414 1st Ave W 602 2,381 682 3 2.5 9 $ 1,695,000 $ 1,625,000 348 W Olympic st 302 1,283 443 2 1 84 $ 569,000 $ 569,000 7 Highland Dr 301 1,190 454 3 1.75 45 $ 550,000 $ 540,000 2400 Aurora Ave N 203 1,865 282 2 2.5 26 $ 525,000 $ 525,000 507 W Mercer st 402 975 466 2 1.75 50 $ 459,000 $ 454,000 1914 13th Ave W 301 1,393 305 2 1.75 33 $ 425,000 $ 425,000 501 Roy st t-209 1,287 318 2 2 6 $ 365,000 $ 409,000 18 Dravus st 403 1,057 340 2 1.75 14 $ 359,000 $ 359,000 1011 5th Ave N 305 1,200 285 2 2 28 $ 339,000 $ 342,000 601 Mercer Place 504 839 407 2 1.5 18 $ 349,000 $ 341,500 17 W Mercer st 109 713 475 1 1 11 $ 349,000 $ 339,000 2221 W gilman Dr 201 1,334 247 2 2 36 $ 330,000 $ 330,000 500 Aloha st 308 879 362 1 1 21 $ 299,000 $ 318,500 2620 4th Ave N 603 1,096 264 2 1.25 32 $ 299,000 $ 289,500 500 W Olympic Place 101 1,000 289 2 1.5 51 $ 289,000 $ 289,000 1504 Aurora Ave N 112 981 285 2 2 22 $ 279,999 $ 280,000 133 Queen Anne Ave N 303 635 419 1 1 10 $ 250,000 $ 266,000 699 john st 708 562 472 1 1 4 $ 259,950 $ 265,000 1504 Aurora Ave N 303 634 394 1 1 22 $ 249,900 $ 249,900 133 Queen Anne N 405 503 467 1 1 10 $ 239,000 $ 235,000 301 W Raye st 214 645 363 2 1 26 $ 239,500 $ 234,000 2244 13th Ave W 310 620 371 1 1 23 $ 232,000 $ 230,000 524 6th Ave W 302 500 438 1 1 16 $ 219,900 $ 219,000 2244 13th Ave W 302 595 353 1 1 23 $ 215,000 $ 210,000 1730 taylor Ave N 305 461 423 1 1 45 $ 195,000 $ 195,000 3626 14th Ave W 102 718 251 2 1 35 $ 179,900 $ 180,000 500 Elliott Ave W 402 453 298 0 1 13 $ 149,900 $ 135,000 22 john st 6 453 260 0 0.75 105 $ 120,000 $ 118,000 7 Harrison st 33 425 235 0 1 105 $ 99,900 $ 99,900

addRess unit sF $ / sF Bed BatH age list pRice sold pRice

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listings

sold listings last month capitol Hill / eastlake

2914 E Madison st 207 1,411 517 1 1.75 5 $ 765,000 $ 730,000 530 Broadway E 238 1,084 484 2 2.25 6 $ 539,000 $ 525,000 409 E Roy st 2 1,340 341 3 2 111 $ 425,000 $ 457,000 1305 E Republican st 5 1,047 429 2 1 85 $ 449,000 $ 449,000 232 Belmont Ave E 504 942 462 2 2 19 $ 435,000 $ 435,000 1014 E Roy 37 1,143 372 2 1 85 $ 425,000 $ 425,000 2634 Franklin Ave E 106 1,052 385 2 2 86 $ 365,000 $ 405,000 1711 E Republican st 8 708 547 2 1 100 $ 399,950 $ 387,500 717 E Denny Wy 2-A 900 412 2 2 11 $ 369,950 $ 371,000 1101 seneca st 504 964 363 2 1 32 $ 348,000 $ 350,000 150 Melrose Ave E 206 1,017 344 2 1.5 35 $ 365,000 $ 350,000 2820 E Madison st 304 886 395 2 1 10 $ 329,950 $ 350,000 3217 Eastlake Ave E 210 1,025 341 1 1.75 9 $ 330,000 $ 350,000 506 E Howell st E-406 824 425 2 2 21 $ 349,950 $ 349,950 1414 12th Ave 509 609 542 1 1 6 $ 325,000 $ 330,000 1812 19th Ave 101 939 351 1 1 9 $ 325,000 $ 330,000 530 Broadway E 505 674 460 1 1 6 $ 305,000 $ 310,000 1410 E Pine st W-205 692 448 1 1 8 $ 319,950 $ 310,000 521 summit Ave E 201 785 392 1 1 29 $ 275,000 $ 307,500 750 Belmont Ave E 4 717 420 1 1 84 $ 299,000 $ 301,000 530 Melrose Ave E 503 711 421 2 1.75 22 $ 299,000 $ 299,000 103 Bellevue Ave E 408 540 500 1 1 9 $ 255,000 $ 270,000 2512 E Madison st 501 765 339 2 1 22 $ 259,000 $ 259,000 1631 16th Ave 217 647 382 1 1 84 $ 225,000 $ 247,000 700 E Denny Wy 506 502 488 1 1 13 $ 215,000 $ 245,000 1600 E yesler Wy 1524 889 272 2 1 28 $ 239,950 $ 242,000 321 10th Ave s 509 809 297 2 1 13 $ 239,950 $ 239,950 827 Hiawatha Place s 315 858 274 2 1 3 $ 235,900 $ 235,000 1620 Belmont Ave 226 530 436 1 1 7 $ 235,000 $ 231,000 1707 Boylston Ave 202 626 363 1 1 18 $ 229,000 $ 227,500 1605 15th Ave 1605 599 367 0 1 8 $ 205,000 $ 220,000 1726 15th Ave 23 750 276 1 1 106 $ 200,000 $ 207,000 2703 Boylston Ave E 103 633 324 1 1 53 $ 199,500 $ 205,000 1105 spring st 302 540 361 1 1 63 $ 174,900 $ 195,000 1410 E Pine st W-203 373 483 0 1 8 $ 180,000 $ 180,000 1136 13th Ave C 657 263 1 1 89 $ 172,500 $ 172,500 308 E Republican st 206 675 253 1 1 52 $ 169,000 $ 171,000 1726 15th Ave 22 510 330 1 1 106 $ 168,400 $ 168,400 1136 13th Ave 104 560 260 0 1 89 $ 145,500 $ 145,500 308 E Republican st 605 751 184 1 1 52 $ 139,000 $ 138,000 300 10th Ave A-209 545 248 1 1 9 $ 135,000 $ 135,000 1323 Boren Ave 312 440 266 1 1 12 $ 119,967 $ 117,000 308 E Republican st 411 614 181 1 1 52 $ 119,900 $ 111,000

addRess unit sF $ / sF Bed BatH age list pRice sold pRice

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featured listing

view unit at the cosmopolitanBRIgHt AND BEAutIFuL ONE BEDROOM + DEN uNIt

Marvel at the spectacular views from this 19th floor unit with floor to ceiling windows. Contemporary design, slab granite counters, hardwood floors, gas cooking, open floor plan, A/C, custom closet & cabinets. secured parking & storage complete this unit. the Cosmopolitan boast first class amenities with a concierge, hot tub, club room, guest suite, gym, and an awesome rooftop deck. Located in the vibrant and highly sought after south Lake union neighborhood with Whole Foods and Amazon close by.

schedule a showing

View the Cosmopolitan Profile

Address

819 Virginia street, #1911

PriCe

$450,000

bedrooMs

1 + Den

bAThrooMs

1

PArking

1 space (Secured)

YeAr bUilT

2007

size

954 sF (per King Co. Tax Records)

hod

$481/ month

TAxes

$3,595 / year (Tax Year of 2012)

bUilding feATUres

24/7 Concierge, Hot tub (Indoors), sauna, One guest suite, Business Center, Club Room (full Kitchen), Fitness Center, Rooftop terrace.

pRopeRty details

View more Photos and Details

Innovative. Experience. Results.ouR pHilosopHy Buying or selling a property is one of the most important financial decisions you will ever make. When it comes to the competitive seattle real estate market, the place to be is in the know. We believe in taking the time to educate clients so that they can make smart, informed choices.

Beyond expectations Having an experienced, savvy agent on your side is key to achieving the results you desire. Meeting our clients’ needs above and beyond their expectations is the foundation of our success. We take pride in offering the highest level of professional integrity and reliable service. to learn more about how we can help you reach your real estate goals and turn your dreams into reality, contact us today or visit our website at www.stroupe.com.

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featured in our next edition…

EnsoA BLEND OF uRBAN AMENItIEs

Address

820 Blanchard street

ToTAl # of UniTs

140 (entire complex)

YeAr bUilT

2009

AMeniTies

Concierge (part time), One guest suite, Business Center, Club Room (full kitchen), Fitness Center, Patio terrace

this newsletter is provided to you at no charge as a continuing service from the stroupe group. Information is not guaranteed to be error-free and should not be relied upon. All information should be verified. Please feel free to contact us with any questions or comments. If your property is currently listed, this is not a solicitation for that listings. Each office is independently owned and operated.

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