Tuesday, July 17, 2007

Uptown Seattle Washington Real Estate Summary


Uptown Seattle (Lower Queen Anne)

There is no better way to get educated about Seattle real estate than to learn about the neighborhoods The neighborhood of Uptown Seattle is located just north of the neighborhood of Belltown and just at the bottom of the neighborhood of Uptown.

...Real estate in Seattle’s Uptown neighborhood is in high demand.... What this means is when you find a piece of real estate in Uptown Seattle that interests you, and you truly are in the market, you need to make an offer before someone else beats you to it.

The boundaries for Uptown Seattle range from west of highway 99 at Ward Street to Uptown Avenue and then south to Roy Street. The northern boundary continues west on Roy Street and cuts towards the water to Elliott Bay Park and then south to where Western Avenue meets Denny Avenue. From there, it follows Denny to Broad and wraps around the Seattle Science Center back up to Highway 99 at Ward Street.

...On any given day, you can leave your condo or apartment and find a multitude of activities going on. The proximity of the Seattle Center and Key Arena ensures that there is either a community or sporting event taking place.

...As of 3.15.07 there are 1285 condos in Uptown Seattle. The average year built for condos in Uptown is 1976 with an average size of 846 square feet.

...This turnover rate is one of the lowest in any Seattle neighborhood.

...During the same twelve-month period, of the condos that were assessed between 281k and 561k, 47 of them were sold for an average 117% higher price than the assessed value.

...There are 33 single story Uptown Seattle homes, 34 homes that are one and a half stories, 125 homes that are two stories and, five homes that are greater than two and a half stories tall.

...There are 48 homes that have been owned between five and ten years.

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