Monday, September 20, 2010

Auction Results Are In

Thanks to Matt Goyer for his quick reporting, I have published results of last nights Olive 8 Auction to share with you.

Here are the results to download in [xlsx] format. Olive 8 condo auction results.  

Also penned on UrbnLivn are highlights I would love to share.  It was an exciting night, and I couldn't have re-capped it better myself!




Highlights:
  • 32 solds. They originally announced they were auctioning 34 units, 28 units were on the auction day sequence. They added 2303, 2004, 2304 and 2404 at the end. They didn’t auction #1902 or #2102 (pricey 2 bedrooms).
  • Cheapest unit: $297,000 for #2110 a 650 square foot west facing one bedroom. Last priced at $395,000.
  • Most expensive unit: $702,000 for #2502 a 1,586 square foot north-east facing two bed, two bath + den. Lasr priced at $1,145,000.
  • Average price: $415,656
  • Total dollar value of units sold: $13.3 million
  • Seattle Times was there taking lots of photos, bloggers weren’t allowed in.
All in all, the auction was productive and promising!  

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