1inside this issue

J u ly 2013 E D ITION | SAlES STATS FOR J u N E 2013

Featured BuildingThe Klee

Market AnalysisSeattle area Trends & Prices

Sold listings last MonthDowntown Seattle, Queen Anne & Capitol Hill / Eastlake

Featured listingCristalla luxury

020304

07

c o n d o s c o o p

206.910.5000www.stroupe.com

View The Klee Profile

2Built in 2001 to play tribute to Paul Klee, the Klee lofts and Suites is a mixed use property with 153 private residences and approximately 18,000 square feet of commercial space. The Klee offers three different lifestyles in one great community. Community features include a secure lobby entry that showcases an expansive glass facade, cool colors of concrete, strong geometric forms and distinctive art created by local artist Nancy Mee. you will be impressed with concierge service, state of the art fitness center, media room, secure parking and storage, plus a guest suite. Dont miss the Klees courtyard with its lush landscaping. unit highlights include large tilt-and-turn windows to allow in the bay breeze, maple cabinets, generous closet space and in-unit washer and dryer. lofts feature dramatic ceiling heights of 18 feet of unencumbered space. Penthouses include expansive walls of windows for maximum views and light. It is easy to call the Klee home.

featured building

the kleeSuBlIME lIVINg. VIVID lIFE.

Address

2717 Western Avenue (two buildings)

neighborhood

Belltown

ToTAl # of UniTs

153 (not including commercial)

YeAr bUilT

2001 (converted in 2003)

ToTAl sTories

6 / 10 (two towers 6 / 10 + townhouses)

lisTing hisTorY, PAsT 12 MonThs

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

Total # of Units listed: 11 (units that were relisted after coming off the market are counted as one)

Total # of Unit sales: 9 (plus one sold subject to inspection, zero pending sales)

Currently Active on Market: 1 (as of 6/5/13)

sAles hisTorY, PAsT 12 MonThs

Average-Unit orig. list Price: $272,089

Average-Unit sale Price: $273,161

list / sold Price ratio: 100.4%

Average Market Time: 28 days

AMeniTies

Concierge (part time), Business Center, Club Room, Movie Room, Fitness Center, Patio terrace.

Building Facts & stats

View The Klee Profile

move into the current

206.910.5000www.stroupe.com 3

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 averagenot mediansold price; 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$457,236 (0.8%)

Queen anne$379,448 (0.6%)

capitol Hill / eastlake$298,874 (-3.0%)

Average Prices2012 2013

List $511,735 List $461,044 Sold $497,361 Sold $457,236 0.03% Variance 0.8% Variance

Sold Listings

65

46

-29.2% Change

Average $ / SF

$480

$491

2.3% Change

Average Prices2012 2013

List $295,310 List $381,783 Sold $290,095 Sold $379,448 0.88% Variance 0.6% Variance

Sold Listings

36

31

-13.9% Change

Average $ / SF

$316

$368

+16.04% Change

Average Prices2012 2013

List $322,908 List $290,168 Sold $320,052 Sold $298,874 0.88% Variance -3.0% Variance

Sold Listings

51

45

-11.76% Change

Average $ / SF

$346

$386

11.56% Change

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

2012June

2013 2012June

2013

aVeRage sold pRices FoR tHe past 12 MontHs, June 2012 June 2013

2012June

2013

listings

sold listings last month downtown seattle

belltown Court2414 1st Ave 720 1065 347 2 2 19 $ 370,000 $ 370,000 2415 2nd Ave 440 549 437 1 1 19 $ 242,000 $ 240,000

Continental Place 2125 1st Ave 1801 1233 598 2 1.75 32 $ 725,000 $ 737,100 2125 1st Ave 1702 1035 435 2 1.5 32 $ 474,500 $ 450,000 2125 1st Ave 805 700 570 1 0.75 32 $ 399,000 $ 399,000

ellington 819 Virginia St 3304 1093 499 1 1.5 6 $ 519,000 $ 545,000 819 Virginia St 2903 820 537 1 1 6 $ 425,000 $ 440,000 819 Virginia St 1703 820 459 1 1 6 $ 350,000 $ 376,000 819 Virginia St 2407 800 431 1 1 6 $ 359,500 $ 345,000

enso 820 Blanchard St 1407 1279 542 2 1.75 4 $ 712,000 $ 693,750 820 Blanchard St 501 909 523 1 1 4 $ 475,000 $ 475,000 820 Blanchard St 604 685 537 1 0.75 4 $ 357,000 $ 368,000

escala 1920 4th Ave 2303 1878 692 2 2.5 4 $ 1,299,000 $ 1,299,000 1920 4th Ave 2308 1607 653 2 2 4 $ 1,049,000 $ 1,049,000 1920 4th Ave 1102 1607 549 2 2 4 $ 899,000 $ 882,000 1920 4th Ave 406 952 503 1 1.5 4 $ 479,000 $ 479,000 1920 4th Ave 1109 910 511 1 1.5 4 $ 459,950 $ 465,000

fifth Avenue Court 2132 5th Ave 307 368 318 0 1 18 $ 129,900 $ 117,000 2132 5th Ave 1 585 190 1 1 18 $ 110,000 $ 111,000

harbor heights 2621 2nd Ave 1701 1140 414 2 2 33 $ 470,000 $ 472,000 2621 2nd Ave 1202 862 319 1 1 33 $ 265,000 $ 275,000

Marselle 699 John St 509 642 405 0 1 4 $ 259,990 $ 259,990 699 John St 209 648 401 1 1 4 $ 259,950 $ 259,950

olive 8 737 Olive Wy 3802 1586 794 2 2 4 $ 1,260,000 $ 1,260,000 737 Olive Wy 2201 689 602 1 1 4 $ 495,000 $ 415,000

site 17 2504 Western Ave N-523 588 296 1 1 15 $ 168,800 $ 173,800 2440 Western Ave 412 548 246 0 1 15 $ 134,900 $ 134,900

Vine 2607 Western Ave 201 1212 392 2 1.75 11 $ 470,000 $ 475,000 2607 Western Ave 360 914 456 2 1.75 11 $ 424,000 $ 417,000 2607 Western Ave 1108 809 439 1 1 11 $ 359,950 $ 355,000 2607 Western Ave 117 814 356 1 1.5 11 $ 279,950 $ 290,000

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

listings

sold listings last month downtown seattle (continued)

Queen anne

other Properties 2821 2nd Ave 2003 1318 588 2 1.75 31 $ 799,000 $ 775,000 66 Bell St 102 1685 356 2 1.5 105 $ 599,000 $ 600,000 87 Virginia St 7 575 1,035 0 0.75 35 $ 595,000 $ 595,000 121 Vine St 2003 1068 515 2 1.75 24 $ 578,000 $ 550,000 76 Cedar St 1202 1269 433 2 2 5 $ 575,000 $ 550,000 1107 1st Ave 1206 1015 468 2 2 30 $ 485,000 $ 475,000 98 union St 503 969 464 2 1.75 28 $ 449,950 $ 449,950 2716 Elliott Ave 301 1054 408 1 1.75 10 $ 439,000 $ 430,000 900 lenora St 303 720 496 1 1 7 $ 370,000 $ 357,000 2911 2nd Ave 813 603 539 1 1 4 $ 339,800 $ 325,000 2929 1st Ave 618 603 496 1 1 13 $ 299,000 $ 299,000 2015 Terry Ave 214 708 388 1 1 9 $ 275,000 $ 275,000 425 Vine St 516 665 398 2 1.75 14 $ 265,000 $ 265,000 2100 3rd Ave 1204 783 317 1 1 40 $ 248,000 $ 248,500 2324 1st Ave 413 419 501 0 1 105 $ 209,900 $ 209,900

1414 1st Ave W 402 2251 544 3 2.5 2013 $ 1,225,000 $ 1,225,000 315 W galer St 107 2019 480 2 2 2013 $ 995,000 $ 970,000 120 W Highland Dr 420 1398 542 2 1.75 2013 $ 749,000 $ 758,000 7 Highland Dr 703 1106 570 2 1.75 2013 $ 647,500 $ 630,000 1740 Aurora Ave N 401 1584 376 2 1.75 2013 $ 625,000 $ 595,000 1400 2nd Ave N 292 1181 487 2 1.5 2013 $ 629,000 $ 575,000 1400 2nd Ave N 291 1164 451 2 1.75 2013 $ 529,000 $ 525,000 701 galer St 615 1326 311 2 2.25 2013 $ 398,000 $ 413,000 1400 Taylor Ave N 304 1066 374 2 1.75 2013 $ 399,000 $ 399,000 900 Aurora Ave N S-307 1378 274 2 2 2013 $ 389,000 $ 377,000 1768 Aurora Ave N 201 1311 271 2 2 2013 $ 349,950 $ 355,000 201 galer St 472 963 347 2 1 2013 $ 327,500 $ 334,500 2419 8th Ave N 202 1210 269 2 2 2013 $ 329,500 $ 325,000 1525 Taylor Ave N 301 884 356 2 1.5 2013 $ 325,000 $ 315,000 2167 Dexter Ave N 302 1025 302 2 2 2013 $ 309,975 $ 309,975 2244 13th Ave W 416 608 496 1 1 2013 $ 275,000 $ 301,420 15 Prospect St B-101 754 398 2 1 2013 $ 310,000 $ 300,000 2811 14th Ave W 400 932 317 1 1 2013 $ 299,950 $ 295,000 120 1st Ave W 503 622 471 1 1 2013 $ 285,000 $ 293,000 900 Aurora Ave N S-202 1063 249 2 2 2013 $ 249,950 $ 265,000 348 W Olympic Place 108 691 371 1 1 2013 $ 243,000 $ 256,050 1730 Taylor Ave N 403 658 388 1 1 2013 $ 239,950 $ 255,000 275 W Roy St 115 598 391 1 1 2013 $ 229,000 $ 234,000 2625 13th Ave W 103 700 323 1 1 2013 $ 218,950 $ 226,000 611 Highland Dr 301 780 288 1 1 2013 $ 229,950 $ 225,000 160 lee St 207 750 300 2 1 2013 $ 225,000 $ 225,000 610 Aloha St 304 754 269 1 1 2013 $ 202,500 $ 202,500 1427 3rd Ave W 15 700 271 1 1 2013 $ 180,000 $ 190,000 3009 3rd Ave W 1 603 282 1 1 2013 $ 169,950 $ 169,950 919 2nd Ave W 204 558 269 1 1 2013 $ 164,750 $ 150,000 3609 14th Ave W 201 1360 50 2 2 2013 $ 84,900 $ 68,500

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

6listings

sold listings last month capitol Hill / eastlake

716 Boylston Ave E 1 1490 593 2 2.25 2013 $ 875,000 $ 883,000 2914 E Madison St 309 1032 504 1 1.5 2013 $ 520,000 $ 520,000 2914 E Madison St 301 957 532 1 1.5 2013 $ 509,000 $ 509,000 2348 Fairview Ave E 401 1119 393 2 1.75 2013 $ 450,000 $ 440,000 2017 Eastlake Ave E 303 928 439 2 2 2013 $ 400,000 $ 407,500 954 Broadway Ave E 100 1151 348 2 1.5 2013 $ 409,000 $ 400,000 1550 Eastlake Ave E 104 1116 340 2 2 2013 $ 374,950 $ 379,000 827 Hiawatha Place S 604 1057 345 2 2 2013 $ 377,900 $ 365,000 827 Hiawatha Place S 102 1064 329 2 2 2013 $ 339,900 $ 349,900 827 Hiawatha Place S 515 858 408 2 1 2013 $ 241,900 $ 349,900 827 Hiawatha Place S 518 578 605 1 1 2013 $ 199,900 $ 349,900 2717 Franklin Ave E 203 864 404 2 1 2013 $ 339,000 $ 349,000 1414 12th Ave 419 614 537 1 1 2013 $ 325,000 $ 330,000 1420 E Pine St E-401 785 418 1 1 2013 $ 319,950 $ 328,000 1000 Bellevue Place E 1 941 343 2 1.5 2013 $ 329,950 $ 322,500 124 Bellevue Ave E 701 648 497 1 1 2013 $ 315,000 $ 322,000 731 Broadway E 102 739 434 1 1 2013 $ 289,000 $ 321,000 615 Boren Ave 17 1105 283 2 1 2013 $ 315,000 $ 312,500 1107 18th Ave 1107 622 487 1 1 2013 $ 289,500 $ 303,000 1420 Terry Ave 203 794 372 1 1 2013 $ 299,000 $ 295,000 505 E Denny Wy A-202 746 385 2 1 2013 $ 275,000 $ 287,500 530 E Broadway 510 656 434 1 1 2013 $ 299,950 $ 285,000 1400 Hubbell Place 707 802 349 2 1.75 2013 $ 289,500 $ 280,000 1812 E Alder St 1812 850 328 2 1 2013 $ 278,500 $ 278,500 1732 15th Ave 14 850 318 1 1 2013 $ 239,950 $ 270,000 1920 E Fir St 7 860 302 2 1 2013 $ 239,950 $ 260,000 1400 Hubbell Place 709 724 352 2 1 2013 $ 269,950 $ 255,000 511 E Roy St 403 671 379 1 1 2013 $ 249,950 $ 254,500 1610 Belmont Ave 512 550 455 1 1 2013 $ 260,000 $ 250,000 827 Hiawatha Place S 303 858 285 2 1 2013 $ 244,900 $ 244,900 2717 Franklin Ave E 102 731 333 1 1 2013 $ 249,000 $ 243,500 1300 university St 7-A 627 386 1 1 2013 $ 241,900 $ 242,000 827 Hiawatha Place S 301 858 281 2 1 2013 $ 240,900 $ 240,900 2301 Fairview Ave E 305 641 367 1 1 2013 $ 235,000 $ 235,000 700 E Denny Wy 211 501 441 1 1 2013 $ 205,000 $ 220,800 400 Boylston Ave E 109 506 427 1 1 2013 $ 199,950 $ 216,000 1420 E Pine St E-506 516 417 0 1 2013 $ 199,000 $ 215,000 626 13th Ave E C 626 329 1 1 2013 $ 189,500 $ 206,000 900 Summit Ave E 302 531 366 1 1 2013 $ 199,000 $ 194,250 409 16th Ave E 24 600 316 1 1 2013 $ 195,000 $ 189,500 1105 Spring St 402 530 345 1 1 2013 $ 174,800 $ 183,000 1323 Boren Ave 204 516 339 1 1 2013 $ 174,900 $ 174,900 1515 E union St 202 600 233 1 1 2013 $ 138,000 $ 139,900 300 10th Ave B-303 550 247 1 1 2013 $ 136,000 $ 136,000 606 E Thomas St S 500 222 1 1 2013 $ 113,000 $ 111,000

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

7featured listing

top floor view unit at the vineBRIgHT AND BEAuTIFul TWO BEDROOM uNIT WITH SOuND AND CITy VIEWS

Bright top floor corner unit at the award winning Vine Building. Enjoy fantastic views from every room. This south facing 2 bedroom unit features brilliant hardwood flooring, granite counter tops, gas cooking, ss appliances, gas fireplace, deck, walk-in-closet. The Vine is an award winning concrete & steel building with 24/7 concierge, gym, guest Suites, Club Room & Seattles finest patio with stunning views. located in vibrant Belltown with restaurants, shops, the waterfront, Sculpture park, & Pikes Market close by.

Schedule a Showing

View the Vine Profile

Address

2607 Western Avenue, #656

PriCe

$489,950

bedrooMs

2

bAThrooMs

1.5

PArking

1 space (Secured)

YeAr bUilT

2002

size

889 SF (per King Co. Tax Records)

hod

$505/ month

TAxes

$3,268 / year (Tax Year of 2012)

bUilding feATUres

24/7 Concierge, guest Suite, Business Center, Conference Room, Club Room, Fitness Center, Rooftop terrace, Storage unit.

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.

82 0 6 . 9 1 0 . 5 0 0 0 | w w w . s t r o u p e . c o m

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featured in our next edition

2200 WestlakeAddress

900 lenora Street 910 lenora Street 2121 Terry Avenue

ToTAl # of UniTs

260 (entire complex)

YeAr bUilT

2006

AMeniTies

Concierge (part time), Indoor Hot Tub, Sauna, Hotel Spa Services, Business Center, Conference Room, Club Room, Movie Room, Fitness Center, Courtyard terrace, game Room

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 2200 Westlake Profile