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May 17, 2012

Realogics Sotheby's

Brokers at Olive 8 say that 18 of the 229 condos sold from March 1 through the end of April. More than three-quarters of the units in the downtown Seattle hotel/condo project are sold, says Julie McAvoy of Realogics Sotheby's International Realty, which is marketing the project. Realogics also reports that brokers have closed sales on half of the six units in the Lakeside, a luxury housing project at 508 Lakeside Ave. S. in Leschi. Units range in size from 740 to nearly 1,960 square feet. Prices on remaining units start at nearly $1.1 million. GP Realty developed the project. It was designed to attract downsizing baby boomers, but some buyers are younger people who want to upgrade during a down market.

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