Summer temperatures are heating up and so is demand for downtown Seattle condominiums. So why was there an 8.9-percent decrease in total absorption in downtown Seattle (NWMLS# 701) in May?
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Gridiron, located atop the 102-year-old carefully restored Johnson Plumbing Building in Pioneer Square, is already 50% pre-sold. The 107 contemporary condos are averaging around $1,000+/SF with the cheapest unit being a studio listed at around $550,000. They are slated to be completed by the fall of 2017.
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The 57 luxury townhomes at McGraw Square on Queen Anne mix, "contemporary, Craftsman, and classic row architecture." Each home features 3 bedrooms, a 2-car garage, and incredible Puget Sound views. Select homes will feature a rooftop deck. Priced from the $900,000s. Presales begin in the summer of 2017.
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