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This morning KPLU had a story about  high end condo real estate in Seattle and on the Eastside.  Richard Hagar, the appraiser interviewed for the story, called condos priced above $5 million dollars as the high end, and, he says, these condos are in demand.   I was curious to know how may condos

One Main Street - Bellevue, just announced they will begin hard hat tours soon. Call the sales office to make an appointment if you’re interested. Visit www.onemainstreet.com for more info. Gallery - Belltown, recently relocated their sales office into a townhome unit in the Gallery building at 2nd and Broad.

Bellevue Towers, the Eastside’s most hyped (and likely to be one of the region’s few condo successes) is hosting an open house of three newly completed model homes. The model homes, which range in size from 800 sf to over 1,600 sf, showcase three distinct interior designs with budgets from $20,000 up to $100,000.

Inspired by Nature Belle Vue Residences is designed to parallel nature’s exquisite simplicity. Its’ organically-shaped unit layout, offers a new living arrangement and horizontal spatial experience.

Essex On The Park - Bellevue Jul 25th, 2008 by Ben_Kakimoto The Essex On the Park is the latest entrant into downtown Bellevue’s luxury condo landscape. At a time when other Bellevue projects are being impacted by the market downturn (i.e. European Tower, Washington Square), Essex is moving forward.

GIS International announced they’re putting European Tower on the back burner due to current economic conditions. The exclusive one-home-per-floor tower currently has reservations for 6 of its 16 homes available which start at $2 million. The developer plans to wait till late this year before moving forward.

Is this the first sign that downtown Bellevue has reached its condo saturation point? Seattle Times: Bellevue condo project, European Tower, put on hold The housing slowdown has claimed another local high-rise, high-end condo project.

New Washington State law for condo associations Posted on 30 April 2008 New state law requires condo associations to report money set aside for long-term maintenance -Seattle Times Attention, condominium shoppers: Washington soon will become one of a half-dozen states requiring condo associations to provide a financial-wellness check that can predict whether the place is a potential money pit.

Sellers had a 16% chance of selling a condo on Seattle’s Eastside in March of 2008. ( click on 2008 year to date statistics in the link above for a chart showing the condo report) March, 2008          1277 condos for sale, 208 condos sold, 16% chance of selling.

The Seattle Condo Tour (website) is taking place this coming Saturday and Sunday, April 5th & 6th. The tour starts at 11:00 AM from Fisher Plaza at the corner of 5th Avenue & Denny Way. Additionally, seminars will be held both days during tour hours at Fisher Plaza.