Fireworks Lit Up The Sky With Luxury Penthouse Sales All Over The Capital Region.

July Market Leaders were found at The Watergate in Foggy Bottom, 555 Mass in Mount Vernon Triangle, Turnberry Tower in Arlington, and 22 West in West End.

 

The Watergate Complex

The Watergate Complex

Highest Sale Price Uncovered At The Watergate!

The Watergate broke out in Foggy Bottom with a full price sale of $2.95 million for a 2-bedroom, 2½-bath unit — actually two units merged into one! Second place went to Friendship HeightsSomerset House for a 2-bedroom 2½-bath penthouse — listed for $1,795,000; it sold for $1,860,000 which was 103.62% above list. And in West End, Penthouse 5A at 22 West, a 2-bedroom 2-bath was listed at $1,525,000 and sold $1,545,000 — a little over 101% of list.

Highest Sales Prices – July, 2014

$2,950,000

The Watergate

Foggy Bottom

$1,860,000

Somerset House

Friendship Heights

$1,545,000

22 West

West End

$1,409,000

City Center

Mount Vernon Triangle

$1,250,000

Chase Point

Friendship Heights

$1,250,000

Dumbarton Place

Dupont Circle

555 MassTurnberry Tower - Pool 

555 Mass and Turnberry Tower Both Sold Three Properties in July

Mount Vernon Triangle’s 555 Mass and Arlington’s Turnberry Tower both moved three properties. Buildings with two sales each included City Center, City Vista, Clara Barton, Flats at Union Row, Madrigal, The Floridian and The Pennsylvania.

Most Units Sold – July, 2014

 3

555 Mass

Turnberry Tower

Mount Vernon Triangle

Arlington

2

City Center

City Vista

Clara Barton

Flats at Union Row

Madrigal

The Floridian

The Pennsylvania

Mount Vernon Triangle

Mount Vernon Triangle

Penn Quarter

U Street Corridor

Mount Vernon Triangle

U Street Corridor

Penn Quarter

City Vista

The View From City Vista  — 108.59% Of List!

When they crave luxury, buyers will often leap over the list price to get what they want. Led by Adams Morgan’s City Vista, six different buildings marked sales above 100 percent of list.

Highest List-To-Sales Ratio – July, 2014

108.59%

City Vista

Adams Morgan

104.44%

The Beauregard

U Street Corridor

103.62%

Somerset House

Friendship Heights

101.82%

Q 14

Logan Circle

101.31%

22 West

West End

100.82%

Flats at Union Row

U Street Corridor

Rooftop pool at 22 West

Rooftop pool at 22 West

Highest Per Sq. Ft. In July Went To 22 West!

West End buyers paid $1,069.20  to capture the 5th floor penthouse at 22 West.

Highest $ Per Sq. Ft. – July, 2014

$1,069.20

22 West

West End

$1,012.01

The Watergate

Foggy Bottom

$970.39

City Center

Mount Vernon Triangle

$870.47

Dumbarton Place

Dupont Circle

$761.67

Somerset House

Friendship Heights

$726.39

The Waterview

Arlington

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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