According to the Northwest Multiple Listing Service, 56 housing units were sold in June, 2011 compared to just 43 units in June, 2010. The ratio between the number of condos sold versus single family homes remains fairly equal as 28 condos and 28 single family homes were sold in June, 2011. (22 condos and 21 single family homes in June, 2010). However , there is a substantial drop-off in price per square foot from 2010 to 2011. June 2011 single family homes sold for an average of $266 per sq. ft. in 2011 compared to $292 in 2010. Condos sold for $268 per sq. ft. in 2011 compared to $341 per sq. ft. in 2010. Something will have to give because if the number of units sold continues to increase there will be upward pressure on pricing of for sale housing.
Have you ever wondered what an NBA team would look like made up of just Seattle players? No need to dream about it any more – it is a reality at the H206 APlus Charity Basketball Game at the Key Arena this weekend. Start time is 3:30 PM this Saturday, July 22nd.
It is an all star cast from Seattle area home grown basketball players: Brandon Roy, Jamal Crawford, Aaron Brooks, Spencer Hawes, Will Conroy, Isaiah Thomas, Martell Webster, Avery Bradley, Brian Scalabrine, Marvin Williams and Michael Dickerson. Amd they are taking on The League. The League Team lineup includes Michael Beasley, local WSU favorite Klay Thompson, Brandon Jennings, Nolan Smith, Dorell Wright, Jason Kapono, Troy Bell, Pooh Jeter, Kyle Singler and Marcus Banks.
So I now the sun is out this weekend, but so is an NBA quality basketball game. So if you want something to do go online and buy some tickets and head down to Key Arena tomorrow afternoon.
Fisher Plazaowned by Fisher Communications in Lower Queen Anne is on the market for sale, according to a Seattle Times article released last week. Although there is not a set price tag, the building was recently appraised at $142 million. The complex has two buildings with an estimated 300,000 sf of space. Please see the article for more information.
Speaking last night to the Queen Anne Community Council Land Use Review Committee was Kent Angier, a prominent developer whose company owns the 7 plus acre parcel in Interbay known as 1600 W. Armory Way. This land was most recently under consideration as a county jail facility and has been a topic of conversation for many years. Mr. Angier described the difficulties he has endured since purchasing the property in 2006 to try to develop the land. He is currently seeking to have the land changed to commercial zoning, a two-step process that could take another 2-3 years if approved at every level. He stated when he first purchased the property he had contacts with many of the traditional big box retailers who expressed interest in the site. He stated given the uncertain nature of the zoning/land use that he is uncertain what will actually end up happening at the property. But a large scale retail complex or “Mini U-Village” is what was originally contemplated when the property was purchased. He stated that there was also a verbal understanding when the property was purchased that housing would not be part of the development. Stay tuned.