March 2014 Sales Roared In The DC Luxury Condo And Penthouse Market!

Buyers jumped at opportunities throughout the DC Luxury Condo Market in January — one unit at 3303 Water Street in Georgetown sold for $6 Million the same day it was listed! And in the same month, Mt. Vernon’s City Vista and Arlington’s The Odyssey closed six units each.

3303 Water Street

One Georgetown Luxury Penthouse Sold For $6 Million The Same Day It Was Listed!

Georgetown’s 3303 Water Street took first place with a $6 Million sale — that 4-bedroom 4.5 bath unit was listed for $6.25 Million the same day.  Across the Potomac, a Turnberry Tower 2-bedroom 2.5 bath unit sold for $2.6 Million. And City Center scored third place for March with a $2.158 Million sale.

Highest Sales Prices – March, 2014

$6,000,000

3303 Water Street

Georgetown

$2,600,000

Turnberry Tower

Arlington

$2,158,000

City Center

Mt. Vernon

$1,550,000

Somerset House

Friendship Heights

$1,125,000

Wooster and Mercer

Arlington

$735,000

Ritz West End

West End

City Vista The Odyssey

Six Units Each Sold At City Vista and The Odyssey

With 6 sales each, top place went to City Vista in Mt. Vernon and The Odyssey in Arlington. The Flats at Union Row in U-Street sold 3 units.

Most Units Sold – March, 2014

6

City Vista

The Odyssey

Mt. Vernon

Arlington

3

Flats at Union Row

U-Street

2

2020 Lofts

U-Street

City Center

Mt. Vernon

Landmark Lofts

Capitol Hill

Madrigal

Mt. Vernon

Ritz West End

West End

The Sonata

Mt. Vernon

The Whitman

Mt. Vernon

Wooster and Mercer

Arlington

City Vista

City Vista in Mt. Vernon sold at 104.21% of List!

City Vista ranked first, followed closely by Logan Station, Flats at Union Row, The Sonata, Delancey Lofts and Kalorama Lofts.

Highest List-To-Sales Ratio – March, 2014

104.21%

City Vista

Mt. Vernon

103.46%

Logan Station

Mt. Vernon

103.13%

Flats at Union Row

U-Street

102.07%

The Sonata

Mt. Vernon

101.60%

Delancey Lofts

Adams Morgan

101.11%

Kalorama Lofts

Adams Morgan

 

3303 Water Street

For Highest Dollar Per Sq. Ft., Georgetown’s 3303 Water Street Topped Them All!

With almost $1,600 per sq. ft., 3303 Water Street captured top position! Other leaders were City Center, Ritz West End, The Pennsylvania, Landmark Lofts, and Flats at Union Row.

Highest $ Per Sq. Ft. – March, 2014

$1,598.30

3303 Water Street

Georgetown

$980.91

City Center

Mt. Vernon

$952.07

Ritz West End

West End

$732.88

The Pennsylvania

Penn Quarter

$676.55

Landmark Lofts

Capitol Hill

$676.23

Flats at Union Row

U-Street

 

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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