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SeattlebyDesign | Condos & Lofts, Houseboats, Waterfront, & Residential Real EstateSeattlebyDesign | Condos & Lofts, Houseboats, Waterfront, & Residential Real Estate

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RSIR Waterfront Community Spotlight: Seattle, WA

10445594 - close-up of mooring rope with a knotted end tied around a cleat on a wooden pier.

Lake Union – Laurelhurst/Windermere – Magnolia
Queen Anne – Shilshole/Salmon Bay – W. Seattle/Alki

SeattleScreenshot

In the Seattle region, total units sold are a bit down from this time last year (32 in 2015 vs 20 in 2016) but the markets in these areas tend to be comprised of a few large sales rather than a greater quantity of more middle-priced options. With a glut of construction in Seattle Proper to meet the demand of the near-constant stream of people relocating from out-of-city or out-of-state, the area has developed a strong rental market, perhaps with the result of fewer home sales. Waterfront sales in this area tend to be either large, multi-million dollar estates or lower-priced condos with little in-between.
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Posted in: Seattle, Waterfront Tagged: Alki, Lake Union, Laurelhurst, Magnolia, Queen Anne, seattle, Waterfront, Waterfront Report, West Seattle

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