The Waterview and The Watergate Took The Top Spots in June

pic_326100.222On the Arlington side of the Potomac, The Waterview notched the highest sales price standings, while across the river in Foggy BottomThe Watergate scored the most units sold in June with four! Both are my choice for Best Views in our It Buildings List.

With a full-price sale at $2,070,000, a 29th floor Waterview penthouse high above the Le Meridien Hotel boasted 2,260 Sq. Ft. of exquisite finishes, entertaining space, and luxurious private quarters including 3 bedrooms and 3.5 baths overlooking Rosslyn, Arlington, and Georgetown.

At The Metropole in Logan Circle, a dramatic 3 bedroom, 3.5-bath penthouse on two floors closed at $1.9 million. And in Friendship Heights, a beautifully upgraded Chase Point 2 bedroom, 2.5-bath residence sold for $1,665,000.

Highest Sales Prices – June, 2013

$2,070,000

The Waterview

Arlington

$1,900,000

Metropole

Logan Circle

$1,665,000

Chase Point

Friendship Heights

$1,645,000

Ritz West End

West End

$1,330,000

Washington Harbour

Georgetown

$1,300,000

The Watergate

Foggy Bottom

 

The Watergate Complex

The Watergate Complex

Four Units At The Watergate Led The Most Sold List At An Average of Price of Almost $1 Million Each

Units 1102 and 1103 at The Watergate were combined and sold as one fabulous penthouse with 3 bedrooms and 4.5 baths for $1.3 million – one of four sales in June at the Foggy Bottom landmark. Two buildings – Kalorama Lofts in Adams Morgan, and Wooster and Mercer Lofts in Arlington — tied for second place.

 

Most Units Sold – June, 2013

4

The Watergate

Foggy Bottom

3

Kalorama Lofts

Wooster and Mercer Lofts

Adams Morgan

Arlington

2

Chase Point

Clara Barton

Gallery Place

Logan Station

Madrigal Lofts

The Lafayette

Friendship Heights

Penn Quarter

Chinatown

Logan Circle

Mount Vernon Triangle

Penn Quarter

pic_329888.222Paying Over List? No Doubt About It!

Buyers had no qualms bidding over the list price to get the luxurious units they crave. Six different buildings showed sales above 100 percent of list, topped by Logan Circle’s Solo Piazza at 108.68% for a 2 bedroom, 2 bath unit listed originally for $599,000 and sold for $651,000!

Highest List-To-Sales Ratio – June, 2013

108.68%

Solo Piazza

Logan Circle

105.54%

Delancey Lofts

Adams Morgan

104.55%

Residences at Market Square

Penn Quarter

104.01%

Lofts 14

Logan Circle

102.94%

Chinese Embassy

Dupont Circle

101.93%

Dumbarton Place

Dupont Circle

 

The Waterview Also Ranked Highest per Sq. Ft. in June!

That 2,260 Sq. Ft. Rosslyn penthouse with 3 bedrooms and 3.5 baths was sold for $915.93 per precious square foot.

 

Highest $ Per Sq. Ft. – June, 2013

$915.93

The Waterview

Arlington

$907.66

Residences at Market Square

Penn Quarter

$808.17

Metropole

Logan Circle

$783.16

Chase Point

Friendship Heights

$755.71

Dumbarton Place

Dupont Circle

$737.04

Kalorama Lofts

Adams Morgan

For more information about recent sales or to discuss buying or selling a luxury property in the Capital Region, contact Jeff Wilson at your convenience.

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