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J u n e 2013 e D ITIOn | SALeS STATS FOR MAy 2013

Featured BuildingThe newmark

Market AnalysisSeattle area Trends & Prices

Sold Listings Last MonthDowntown Seattle, Queen Anne & Capitol Hill / eastlake

Featured ListingCristalla Luxury

020304

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Originally J.C. Penny’s and the world’s largest department store, the building was torn down in 1989. The property was then purchased by Intrawest and architects Skidmore, Owings and Merrill built the 24-story apartment tower with McCarthy Building Companies, Inc. in 1991. The tower was later converted to office and residential spaces for sale in 1993 by HAL Real estate Investments, Intracorpand Callison Architects and Interior Designers. And in 2012 the retail giant, Target, opened one of 4 city stores in the lower levels of the building. Homes at the newmark are comprised of studios, 1 and 2 bedrooms and the floor plans range from 550 to 1,100 square feet and most homes have a city or Puget Sound view. Some of the great features at this building comprise of 24/7 concierge service, secure lobby entry, indoor pool, hot tub, sauna and steam room. There is 1 guest suite, business center, fitness center, club room and a beautiful terrace.

featured building market analysis

local market activityMARKeT TRenDS, PRICInG AnD SALeS FOR THe PAST MOnTH In THe SeATTLe AReA

the newmarkLIVe WeLL. WORK SMART. PLAy OFTen.

Address

1415 2nd Avenue

neighborhood

West edge

ToTAl # of UniTs

195 (not including commercial)

YeAr bUilT

1991 (converted in 1996)

ToTAl sTories

25 (no 13th floor)

lisTing hisTorY, PAsT 12 MonThs

(From 4/1/12 to 3/31/13)

Total # of Units listed: 8 (units that were relisted after coming off the market are counted as one)

Total # of Unit sales: 7 (plus zero sold subject to inspection, zero pending sales)

Currently Active on Market: 0 (as of 6/5/13)

sAles hisTorY, PAsT 12 MonThs

Average-Unit orig. list Price: $408,657

Average-Unit sale Price: $420,135

list / sold Price ratio: 102.8%

Average Market Time: 25 days

AMeniTies

24/7 Concierge, Indoor Pool, Indoor Hot Tub, Sauna, Steam Room, One Guest Suite, Business Center, Club Room, Fitness Center, Patio terrace.

Building Facts & stats

downtown seattle Queen anne capitol Hill/eastlake

downtown seattle Queen Anne Capitol hill/eastlake

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

* March’s average price was influenced by a few high priced sales in the escala

$800K

$700K

$600K

$500K

$400K

$300K

$200K

downtown seattle$481,272 (1.9%)*

Queen anne$367,159 (0.9%)

capitol Hill / eastlake$284,849 (-0.5%)

Average Prices2012 2013

List $792,674 List $490,595

Sold $757,993 Sold $481,272

0.04% Variance 1.9% Variance

Sold Listings

56

41

-26.8% Change

Average $ / SF

$627

$515

-17.9% Change

Average Prices2012 2013

List $265,506 List $370,348

Sold $262,340 Sold $367,159

0.01% Variance 0.9% Variance

Sold Listings

25

38

34.2% Change

Average $ / SF

$293

$340

+16.04% Change

Average Prices2012 2013

List $335,650 List $283,471

Sold $322,582 Sold $284,849

3.89% Variance -0.5% Variance

Sold Listings

42

59

28.81% Change

Average $ / SF

$358

$358

0% Change

M J J A S O n D J F M A M 2012 2013

2012May

2013 2012May

2013 2012May

2013

View The newmark Profile

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

listings listings

sold listings last month

sold listings last month downtown seattle Queen anne

2200 Westlake900 Lenora Ave 1103 732 499 1 1 7 $ 365,000 $ 365,000 910 Lenora St S-203 962 350 1 1 7 $ 335,000 $ 337,000 belltown Court 2414 1st Ave 719 1,078 315 2 2 19 $ 354,950 $ 340,000 2414 1st Ave 405 788 362 2 1 19 $ 285,000 $ 285,000 2415 2nd Ave 350 462 390 0 0.75 19 $ 179,950 $ 179,950 ellington 28011stAve 919 1,467 511 2 1.75 12 $ 749,000 $ 749,000 28011stAve 909 1,283 479 2 1.75 12 $ 625,000 $ 615,000 enso 820BlanchardSt 802 769 566 1 1 4 $ 429,000 $ 435,000 820BlanchardSt 1504 683 585 1 0.75 4 $ 399,500 $ 399,500 escala 1920 4th Ave 2604 2,442 701 3 2.5 4 $ 1,749,000 $ 1,711,500 1920 4th Ave 2208 1,607 647 2 2 4 $ 1,039,000 $ 1,039,000 1920 4th Ave 801 952 567 1 1.5 4 $ 540,000 $ 540,000 1920 4th Ave 506 952 509 1 1.5 4 $ 489,000 $ 485,000 Market Court 2030 Western Ave 312 873 423 1 1 24 $ 369,000 $ 369,500 2030 Western Ave 502 631 515 1 0.75 24 $ 349,950 $ 325,000 olive 8 737 Olive Wy 3602 1,586 725 2 2 4 $ 1,175,000 $ 1,150,000 737 Olive Wy 3100 1,534 717 2 2 4 $ 1,175,000 $ 1,100,000 737 Olive Wy 2904 678 664 1 1 4 $ 460,000 $ 450,000 Parc 76 Cedar St 1301 615 545 1 1 5 $ 364,500 $ 335,000 76 Cedar St 704 867 340 1 1 5 $ 314,900 $ 295,000 76 Cedar St 1201 666 405 1 1 5 $ 245,000 $ 270,000 royal Crest 2100 3rd Ave 2204 783 358 1 1 40 $ 279,000 $ 280,000 2100 3rd Ave 2104 578 355 0 1 40 $ 219,000 $ 205,000seattle heights 2600 2ndAve 2101 1,330 467 2 2 20 $ 639,950 $ 620,750 26002ndAve 310 477 416 0 1 20 $ 209,000 $ 198,500 Vine 2607Western Ave 708 670 448 1 1 11 $ 299,950 $ 300,000 2607WesternAve 412 641 415 1 1 11 $ 259,000 $ 266,000 other Properties 15212ndAve 2802 1,729 818 2 1.75 5 $ 1,590,000 $ 1,415,000 819VirginiaSt 2704 1,186 493 2 2 6 $ 569,000 $ 585,000 26212ndAve 1704 1,180 466 2 1.75 33 $ 549,950 $ 549,950 20332ndAve 1101 773 660 1 1 8 $ 519,950 $ 510,000 121VineSt 2105 1,063 447 2 2 24 $ 450,000 $ 475,000 11071stAve 1702 1,004 453 2 2 30 $ 469,000 $ 455,000 5261stAveS 510 1,437 305 1 1.75 104 $ 449,900 $ 439,000 27211stAve 208 680 479 1 1 8 $ 299,950 $ 326,000 2717WesternAve 526 713 421 1 1 12 $ 300,000 $ 300,000 29291stAve 720 480 504 1 1 13 $ 239,000 $ 242,000 3028WesternAve 513 590 400 1 1 22 $ 235,000 $ 236,000 27203rdAve 907 559 376 0 1 6 $ 199,000 $ 210,000 2716elliottAve 305 495 379 0 1 10 $ 195,000 $ 187,500 425VineSt 606 354 441 0 1 14 $ 150,000 $ 156,000

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

341 W Olympic Place 2 1,752 511 2 1.75 22 $ 895,000 $ 895,000 315 W Galer St 103 1,854 431 2 2.5 0 $ 799,000 $ 799,000 315 W Galer St 104 1,854 421 2 2.5 0 $ 799,000 $ 780,000 1001 Queen Anne Ave n 704 2,402 308 2 2.5 43 $ 750,000 $ 740,000 100 Ward St 501 1,300 431 2 1.75 43 $ 599,000 $ 560,000 17 W Mercer St 303 1,408 380 2 1.75 11 $ 549,950 $ 535,000 17 W Mercer St 5 1,670 312 2 2.25 11 $ 480,000 $ 520,500 622 6th Ave W 401 1,285 381 2 1.75 17 $ 489,000 $ 489,000 410 W Roy St 401-e 1,112 405 2 2 31 $ 455,000 $ 450,000 505 W Roy St 401 1,367 311 3 2 31 $ 445,000 $ 425,000 530 4th Ave W 209 1,029 393 2 1.75 10 $ 399,950 $ 404,000 1629 Queen Anne Ave n 203 990 389 2 1.75 23 $ 410,000 $ 385,000 2565 Dexter Ave n 304 2,000 193 2 1.75 38 $ 385,000 $ 385,000 611 Highland Dr 502 1,648 228 2 1.75 13 $ 379,950 $ 375,000 2040 Waverly Place n 203 1,040 341 2 2 23 $ 369,000 $ 355,000 401 9th Ave n 613 908 385 1 1.5 5 $ 360,000 $ 350,000 500 Aloha St e-107 1,117 313 2 2 21 $ 349,888 $ 349,888 401 9th Ave n 417 958 344 1 1 4 $ 329,950 $ 330,000 1401 5th Ave W 409 714 462 1 1.5 93 $ 329,950 $ 329,950 720 Queen Anne Ave n 409 643 505 1 1 16 $ 325,000 $ 325,000 1417 Queen Anne Ave n 401 973 334 1 1.5 17 $ 325,000 $ 324,500 920 5th Ave n 12 1,054 294 2 1.5 34 $ 295,000 $ 310,000 401 9th Ave n 411 880 350 1 1 4 $ 325,000 $ 308,000 1110 W Howe St 104 1,143 261 2 1.75 24 $ 299,500 $ 298,500 1909 10th Ave W 203 703 405 1 1 11 $ 275,000 $ 285,000 1808 Bigelow Ave n A-201 815 331 1 1 88 $ 269,999 $ 269,999 1200 6th Ave n 10 1,023 230 2 1.75 34 $ 249,950 $ 235,000 1504 Aurora Ave n 407 598 388 1 1 22 $ 219,000 $ 232,000 275 W Roy St 215 598 383 1 1 21 $ 229,000 $ 229,000 501 Roy St C-241 691 323 1 1 6 $ 234,960 $ 223,000 1427 3rd Ave W 14 685 307 1 1 83 $ 210,500 $ 210,500 201 Galer St 440 692 296 1 1 105 $ 205,000 $ 205,000 1110 W Howe St 103 791 253 1 1 24 $ 199,900 $ 199,900 507 W Mercer St 201 534 360 1 1 28 $ 194,000 $ 192,500 2034 14th Ave W 101 871 207 2 1.75 34 $ 179,900 $ 179,900 1623 Taylor Ave n 202 675 259 1 1 87 $ 174,990 $ 175,000 3216 14th Ave W 104 607 263 1 1 23 $ 159,900 $ 159,900 3420 15th Ave W 207 630 210 1 1 53 $ 127,000 $ 132,000

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

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.

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listings

sold listings last month capitol Hill / eastlake

featured listing

cristalla luxuryBeAuTIFuL One BeDROOM + Den unIT In THe AWARD WInnInG CRISTALLA

enjoy expansive city views from this well-planned one bedroom unit with office-den. Two secured parking spaces. This bright unit features a cook’s kitchen with gas cooking, stainless steel appliances and slab granite counter tops. nicely appointed with built in cabinets/shelves, wood floors, fireplace and air conditioning. First class amenities with fitness center, hot tub, sauna, steam room, club room, theatre, flex room, roof top deck, dog run, and 24/7 concierge service. Great location. Close to the market and retail core.

Schedule a Showing

View the Cristalla Profile

Address

2033 2nd Avenue, #1207

PriCe

$500,000

bedrooMs

1 (Plus Den)

bAThrooMs

1

PArking

2 spaces (Secured)

YeAr bUilT

2005

size

606 SF (per King Co. Tax Records)

hod

$538 / month

TAxes

$3,699 / year (Tax Year of 2012)

bUilding feATUres

24/7 Concierge, Indoor Hot Tub, Sauna, Steam Room, One Guest Suite, Business Center, Confer-ence Room, Club Room, Movie Room, Wine Storage (privately owned), Fitness Center, yoga / Flex Room, Outdoor dog area, Rooftop terrace.

pRopeRty details

615 e Pike St 303 1,343 411 2 2.5 14 $ 537,500 $ 552,000 600 Malden Ave e 303 1,000 435 2 1.5 25 $ 445,000 $ 435,000 1505 11th Ave 406 869 497 1 1 100 $ 399,500 $ 432,000 525 Belmont Ave e 8-e 840 511 2 1 48 $ 389,950 $ 429,650 435 11th Ave e 2 1,078 390 2 1 103 $ 419,500 $ 420,000 412 11th Ave PH-6 1,035 401 2 2 11 $ 425,000 $ 415,000 827 Hiawatha Place S 613 1,090 372 2 2 3 $ 399,900 $ 405,000 1420 Terry Ave 308 1,101 368 2 1.75 10 $ 425,000 $ 405,000 525 Belmont Ave e 6-A 920 435 2 1 48 $ 369,000 $ 400,000 2611 eastlake Ave e 205 1,162 336 2 2 27 $ 389,950 $ 390,000 2012 eastlake Ave e 204 992 388 2 1.75 27 $ 389,000 $ 385,000 2230 yale Ave C 1,041 355 2 1.5 17 $ 374,900 $ 370,000 412 11th Ave PH-1 988 369 2 2 11 $ 380,000 $ 365,000 1301 Spring St 13-B 865 422 1 1.5 31 $ 375,000 $ 365,000 511 e Roy St 104 1,084 332 2 1.75 33 $ 358,000 $ 360,000 3226 Fuhrman Ave e 201 1,022 344 1 1 85 $ 350,000 $ 352,000 1711 e Olive Wy 219 711 489 1 1 20 $ 319,000 $ 348,000 827 Hiawatha Place S 105 1,064 319 2 2 3 $ 339,900 $ 339,000 1707 Boylston Ave 309 811 411 2 1 48 $ 330,000 $ 333,000 1414 12th Ave 209 601 549 1 1 6 $ 330,000 $ 330,000 1414 12th Ave 502 610 541 1 1 4 $ 325,000 $ 330,000 1111 e Pike St 202 612 535 1 1 4 $ 299,950 $ 327,700 2960 eastlake Ave e 302 934 348 1 1 5 $ 324,999 $ 325,000 1221 Minor Ave 510 895 346 2 1.75 53 $ 310,000 $ 310,000 2960 eastlake Ave e 106 801 381 1 1 5 $ 315,000 $ 305,000 2327 yale Ave e D 795 377 1 1.5 28 $ 299,950 $ 299,950 111 14th Ave e e 788 374 1 1 84 $ 299,950 $ 294,500 2327 yale Ave e G 795 369 1 1.5 28 $ 289,000 $ 293,000 3217 eastlake Ave e 404 771 376 1 1 9 $ 290,000 $ 290,000 321 10th Ave S 505 1,159 248 2 2 12 $ 319,900 $ 288,000 1101 e Terrace St 102 850 312 2 1 12 $ 269,000 $ 265,500 827 Hiawatha Place S 504 867 306 2 1.75 3 $ 264,900 $ 264,900 827 Hiawatha Place S 603 858 289 2 1 3 $ 247,900 $ 247,900 1740 Melrose Ave 203 731 330 1 1 50 $ 229,950 $ 241,000 827 Hiawatha Place S 407 858 280 2 1 3 $ 244,900 $ 240,000 827 Hiawatha Place S 415 858 280 2 1 3 $ 240,900 $ 239,900 526 17th Ave e 10 564 424 1 1 58 $ 239,400 $ 239,400 1220 e Columbia St 202 866 276 2 1 6 $ 239,000 $ 239,000 827 Hiawatha Place S 403 858 277 2 1 3 $ 247,900 $ 238,000 1105 Spring St 611 630 373 1 1 63 $ 220,000 $ 235,000 1323 Boren Ave 215 593 396 1 1 12 $ 235,000 $ 235,000 1420 e Pine St e-507 548 429 1 1 8 $ 235,000 $ 235,000 2827 Franklin Ave e S5 636 354 1 1 28 $ 239,900 $ 225,000 1733 15th Ave 205 594 370 1 1 113 $ 220,000 $ 220,000 2400 e Howell e 735 282 2 1 25 $ 176,950 $ 207,500 501 e Harrison St 5 782 256 2 1 45 $ 199,950 $ 200,000 827 Hiawatha Place S 212 608 329 1 1 3 $ 199,900 $ 199,900 752 Bellevue Ave e 305 448 444 1 1 10 $ 199,000 $ 199,000 827 Hiawatha Place S 513 555 342 1 1 3 $ 189,900 $ 189,900 1101 e Terrace St 101 686 269 1 1 12 $ 189,900 $ 184,500 603 13th Ave e 3003 719 249 1 1 54 $ 179,000 $ 179,000 1420 Terry Ave 1006 616 281 1 1 11 $ 173,000 $ 173,000

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

View more Photos and Details

capitol Hill / eastlake (continued)

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

150 Melrose Ave e 403 1,023 166 2 1 35 $ 170,000 $ 170,000 2228 yale Ave e 34 408 404 0 1 26 $ 165,000 $ 165,000 1400 Hubbell Place 403 568 282 1 1 56 $ 160,000 $ 160,000 1707 Boylston Ave 306 395 377 0 1 48 $ 149,000 $ 149,000 213 17th Ave e 20 320 422 0 1 99 $ 135,700 $ 135,000 300 10th Ave B210 499 261 1 1 23 $ 129,000 $ 130,000 300 10th Ave A-202 545 192 1 1 23 $ 114,900 $ 104,900

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featured in our next edition…

the kleeAddress

2717 Western Avenue

ToTAl # of UniTs

153 (entire complex)

YeAr bUilT

2001 (converted 2003)

AMeniTies

On site building manager, Business Center, Movie Room, Club Room, 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.

View The Klee Building Profile