Development of Seattle condominiums is taking place not only in downtown but in Seattle neighborhoods such as Greenwood and Fini as well. The skyline of these regions is not being dotted with high rise Seattle condos for sale.
Seattle condominiums market is doing very well. Developers in Seattle are saying that because of the advantages of living in Seattle condos, more homeowners are looking to buy condos instead of single homes.
The price range of Seattle new condos varies. There are a range of costs that makes Seattle condos affordable to all. New condos will cost from $300,000 to more than $2 million depending on their location and the range of amenities that they offer. Some of the newer luxury condos have solariums, spas and fully equipped gyms.
However in Seattle, the boom in condominiums is not limited to downtown, Belltown or Capitol Hill. Most of the Seattle new condos are being developed in neighborhoods such as Sapphire, in Greenwood, and Fini, in Phinney Ridge. In fact both these neighborhoods are the fastest growing markets for condominiums.
Prices for condos at Fini go from about $325,000 for a one-bedroom to more than $1 million for a two-bedroom penthouse. The price of Seattle condos in Sapphire ranges from $219,000 for a studio up to just over $400,000 for a two-bedroom condo.
A lot of people who are retired or have children who are already in college are moving to condos in Sapphire and Fini. The reason for this is that the condos offer these families a greater amount of luxury that they can afford in the downtown area.
Most of the luxury Seattle condominiums come with tennis courts, in-door fully equipped gymnasiums. Some of the Seattle condominiums also have mini golf courses. These amenities and the fact that the cost of up keep of the amenities is shared by owners of the condominium is responsible for the boom of the condominiums market.
In addition to being cheaper, condominiums in Phinney Ridge and Wedgwood are actually a first choice for nearby homeowners ready to downsize.