The Bells Were Jingling With Holiday Cheer in the DC Luxury Penthouse Market.

DC penthouse buyers and sellers were finding great comfort and joy in closings on both sides of the Potomac this past December.

 

2101 Connecticut Facade

2101 Connecticut

Taking The Gift Wrappings Off A Breathtaking 4 Bedroom at 2101 Connecticut in Kalorama.

The biggest gift of the holidays was at 2101 Connecticut in Kalorama — a 4-bedroom, 2.5-bath residence with 3000+ square feet of elegantly appointed space that sold for $3,250,000. In West End, a 2,750 square foot residence with 2 bedrooms and 2.5 baths was snapped up in 12 days for $2,225,000. And one of my favorite buildings, Arlington’s Turnberry Tower was the location of another great sale by Washington Fine Properties — 2-bedroom 2-bath Unit 1812 sold for $2,160,000. You’ll find all three of these buildings on our list of “IT” Buildings. Also, Unit 214 at Lofts 14 in Logan Circle set a new high sales price for the building when the 3-bedroom 2-bath property sold for $1,775,000.

Highest Sales Prices – December, 2014

$3,250,000

2101 Connecticut

Kalorama

$2,225,000

2501 Pennsylvania

West End

$2,160,000

Turnberry Tower

Arlington

$1,950,000

22 West

West End

$1,775,000

Lofts 14

Logan Circle

$1,457,000

City Center

Mount Vernon Triangle

The Flats At Union Row

The Flats At Union Row

The Whitman

The Whitman

Ten Ten Mass

Ten Ten Mass

The Columbia

The Columbia

City Center

City Center

Turnberry Tower

Turnberry Tower

Nine Buildings Tied for Most Units Sold In December.

With two sales each, a group of nine buildings sold two units each in last month: 2020 Lofts and The Flats at Union Row in U Street Corridor; City Center, Madrigal Lofts, Ten Ten Mass and The Whitman in Mount Vernon Triangle, The Columbia in West End, and Turnberry Tower in Arlington.

 

Most Units Sold – December, 2014

2

2020 Lofts

U Street Corridor

City Center

Mount Vernon Triangle

The Flats at Union Row

U Street Corridor

Gallery Place

Chinatown

Madrigal Lofts

Mount Vernon Triangle

Ten Ten Mass

Mount Vernon Triangle

The Columbia

West End

The Whitman

Mount Vernon Triangle

Turnberry Tower

Arlington

lead photo in viewer

2020 Lofts

Highest List-To-Sales Ratio Was Scored by 2020 Lofts

In U Street Corridor, 2020 Lofts topped the chart when Unit 612 sold for $15,000 above list. The 2-bedroom, 2-bath property closed at $704,000.

Highest List-To-Sales Ratio – December, 2014

102.18%

2020 Lofts

U Street Corridor

101.90%

Logan Station

Logan Circle

101.48%

Ten Ten Mass

Mount Vernon Triangle

101.20%

Metropole

Logan Circle

101.00%

Gallery Place

Chinatown

100.98%

Flats at Union Row

U Street Corridor

2101 Connecticut

2101 Connecticut

22 West

22 West

 

turnberry-nightHighest Price Per Sq. Ft. Went To 2101 Connecticut.

At $1,065.92 per Sq. Ft., Unit 81 at 2101 Connecticut in Kalorama led all December sales. Three others topped $1,000-per-Sq. Ft. including 22 West at $1,056.91, Turnberry Tower at $1,024.67 and City Center at $1,003.44.

Highest $ Per Sq. Ft. – December, 2014

$1,065.92

2101 Connecticut

Kalorama

$1,056.91

22 West

West End

$1,024.67

Turnberry Tower

Arlington

$1,003.44

City Center

Mount Vernon Triangle

$887.50

Lofts 14

Logan Circle

$809.09

2501 Pennsylvania

West End

Quarry Springs Was The Highest Priced New Listing For December

The lavish new community in Bethesda, Quarry Springs offered Unit #451, a 3-bedroom, 3.5-bath residence with 3,703 Sq. Ft. for $4,199,000.

Highest Price New Listings – December, 2014

$4,199,000

Quarry Springs

Bethesda

$3,995,000

Residences at Harbourside

Georgetown

$3,495,000

The Oronoco

Alexandria

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

 

 

 

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