No Matter What The Weather, February Was Hot In The DC Luxury Penthouse Market.

Neither snow, rain, sleet nor ice affected eager DC penthouse buyers and committed sellers last month.

Two Georgetown Luxury Buildings With No Sales In A Year Came Out Of Hibernation.The Residences at Harbourside, an It Building, had its first sale in 12 months:

  • 2900KSt_100

    Residences At Harbourside

    Ritz-Carlton Georgetown

    Ritz-Carlton Georgetown

    Unit 603, one of only seven condos in the entire building, sold for $3,570,000. Its 4,888 sq. ft. floor plan included four bedrooms, four baths and stunning views of the Potomac.

 

 

Another of our It Buildings just around the corner, the Ritz-Carlton Georgetown celebrated its first sale in 14 months:

  • Somerset House

    Somerset House

    Residence 2A, with three bedrooms, three full baths plus a half, and 3,400 sq. ft. commanded $3,191,000.

At the opposite end of Wisconsin Avenue in Friendship Heights, a Somerset House condo with three bedrooms and two baths closed at $2,275,000 — that’s $325K over list!

Highest Sales Prices – February, 2015

$3,570,000

Residences at Harbourside

Georgetown

$3,191,000

Ritz-Carlton Georgetown

Georgetown

$2,275,000

Somerset House

Friendship Heights

$1,630,000

22 West

West End

$1,355,000

Dumbarton Place

Dupont Circle

$1,200,000

Turnberry Tower

Arlington

Three Units Each Sold At 555 Mass & The Sonata!

555 Mass

555 Mass

The Sonata

The Sonata

Topping the chart for Most Units Sold, two buildings in Mount Vernon Triangle sold three units each:

  • At 555 Mass, three one-bedroom, one-bath condos were grabbed including one full-price sale and one at $26K above list.
  • The Sonata notched three sales including a two-bedroom, two-bath property with an oversize floor plan that sold for $1,185,000.

Most Units Sold – February 2015

3

555 Mass

Mount Vernon Triangle

The Sonata

Mount Vernon Triangle

2

City Vista

 Mount Vernon Triangle

Flats at Union Row

U Street Corridor

The Lafayette

Penn Quarter

Turnberry Tower

Arlington

Somerset House Beat List Price By 116.67%

Somerset House

Somerset House

Solo PIazza

Solo Piazza

In Friendship Heights, the winning offer on Unit 1207 in Somerset House Building #1 was $325K over list! Other coveted condos were sold at Solo Piazza in Logan Circle, 555 Mass and Ten Ten Mass in Mouth Vernon Triangle, U-Street’s Flats At Union Row and Penn Quarter’s Ventana.

Highest List-To-Sales Ratio – February, 2015

116.67%

Somerset House

Friendship Heights

107.28%

Solo Piazza

Logan Circle

106.52%

555 Mass

Mount Vernon Triangle

104.31%

Ten Ten Mass

Mount Vernon Triangle

100.88%

Flats at Union Row

U Street Corridor

100.00%

Ventana

Penn Quarter

22 West

22 West

22 West Scored Highest Price Per Sq. Ft.

One of our favorite buildings is 22 West (also an It Building) in West End. Residence 1A, with two bedrooms, two baths and 1,645 dazzling sq. ft., sold for $990.82 per sq. ft.

Highest $ Per Sq. Ft. – February, 2015

$990.88

22 West

West End

$938.53

Ritz-Carlton Georgetown

Georgetown

$793.79

Somerset House

Friendship Heights

$751.53

Dumbarton Place

Dupont Circle

$730.82

Turnberry Tower

Arlington

$730.36

Residences at Harbourside

Georgetown

3303 Water Street Topped New Listings For February!

One of DC's Best Roof Decks

3303 Water Street

With its bathroom lawsuits finally resolved, expect to see much action at 3303 Water Street in Georgetown including this three-bedroom, three-bath residence with 2,891 sq. ft. Including a magnificent rooftop terrace, Ii’s yours for $6,500,000. Don’t wait to see it.

Highest Price New Listings – February, 2015

$6,500,000

3303 Water Street

Georgetown

$2,296,000

City Center

Mount Vernon Triangle

$1,949,000

Turnberry Tower

Arlington

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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