2960 Eastlake Avenue E
Seattle, WA 98102

open sold out
developer representative Mike Miller
phone 206.940.0688
email Mike Miller
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Home Style Studio & 1 BR condos
Price Range SOLD OUT
Neighborhood Eastlake neighborhood of Seattle
Features
  • westerly Lake Union views from corner windows
  • great location near shopping, dining
  • easy commute to downtown Seattle and SLU
  • controlled-access parking garage
  • ample storage included
  • private northwest-facing patio
  • hardwoods through main living area
  • slab granite kitchen and bathroom countertops
  • stainless steel Whirlpool appliances
  • 9' ceilings with floor-to-ceiling windows
  • A/C ready

Ruby Condos

“Teamwork was our recipe for success in the sellout of the 52 homes at Ruby in one of the worst real estate markets we have ever seen. The team at Matrix never wavered, got discouraged or flagged in their enthusiasm, which was a big deal in this tough market.

They had the ability to be flexible and understand the changing market conditions, analyzing the market on a continuous basis and recommending effective strategies to ensure sales did not lag.

The team w
as willing and able to step in and educate the developer and the construction lender on the changing market conditions so they would stay supportive of the sales effort and the team. Overall, there was great collaboration between the Matrix team and my team.” 

– Maria Barrientos

52 homes sold and closed by Matrix Real Estate, powered by Williams Marketing Inc. and MCM Group
 
The Matrix team worked with the developer to design all the homes as open-one bedrooms and one-bedrooms. This enabled us to keep home sizes and price points down, minimize the noise from I-5 and maximize views of Lake Union which were enjoyed by most homes. This turned out to be fortuitous targeting as first time home buyers were one of the more active buyer groups during the declining market we faced in 2009 and 2010.
 
Despite the challenges of the market, Matrix and Barrientos stuck together through sell-out, finding sales through continual market analysis, strategic pricing, broker marketing and buyer incentives. In one of the worst real estate markets in decades, Matrix Real Estate was able to sell all 52 homes in just under 18 months at an average of just under $360/square foot, with the last home closing in August 2010.