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Belltown Gallery Condo Auction: Sunday

43 brand new Gallery condos are on the chopping block this Sunday in Belltown. Are these auctions a good deal? SeattleCondoReview has put together a cheat sheet of the sorts. It seems that the premier units in past auctions go for respectable prices, while the second tier units are usually quite a steal.

I suppose this is only to be expected. The real question is whether this glut of dumped inventory will set a new equilibrium price for Belltown real estate? We’ll be sure to feature the results of the auction here – so stay tuned and good luck!


1 Comment on "Belltown Gallery Condo Auction: Sunday"

  1. I posted the Gallery condo results for those curious:
    http://www.urbnlivn.com/2009/09/27/gallery-auction-results-3

    Places sold for $309 to $565/square foot.

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