The DC Luxury Penthouse Market For May Was In Full Bloom

Sales burst out in 20 luxury buildings in Maryland, Virginia and The District. Addresses included regulars on all of our lists, as well as names that only occasionally earn mention.

Georgetown, West End, And Mount Vernon Triangle Had Top Three Sales.

3303 Water Street

3303 Water Street

Listed originally by TTR Sotheby’s International Realty for $2,895,000, Penthouse 4A at 3303 Water Street in Georgetown sold for $2,800,000. The 2-bedroom, 2.5-bath residence included 2,513 sq. ft. with breathtaking Potomac views.

Nearby in West End at The Ritz-Carlton, another 2-bedroom, 2.5-bath condo sold for $33,500 above list — with 1,870 sq. ft. of luxurious living space, the sale closed at $1,600,000.

At Madrigal Lofts in Mount Vernon Triangle, the building’s only million-plus-sale in over three years was a full-price transaction. For $1,475,000, the new owners snapped up 3 bedrooms, 4 baths and 2,416 sq. ft. of lavish loft space.

Highest Sales Prices – May, 2015

$2,800,000

3303 Water Street

Georgetown

$1,600,000

Ritz-Carlton West End

West End

$1,475,000

Madrigal Lofts

Mount Vernon Triangle

$1,427,000

Somerset House

Friendship Heights

$1,305,000

2424 Lofts

Adams Morgan

$1,175,000

City Center

The Willison

Mount Vernon Triangle

Logan Circle

Madrigal Lofts

Madrigal Lofts

Ten Ten Mass

Ten Ten Mass

Two Mount Vernon Triangle Buildings Took Tops In Most Units Sold!

Madrigal Lofts had a three-sale month, as did Ten Ten Mass. Eleven buildings had sales of two units each including: Atrium in ArlingtonChase Point in Friendship Heights; City Vista in Mount Vernon Triangle; Delancey Lofts in Adams Morgan; Metropole in Logan CircleRitz-Carlton West End; Solo Piazza in Logan CircleSomerset House in Friendship Heights; The Floridian in U Street Corridor; The Lafayette in Penn Quarter and Yale Steam Laundry in Mount Vernon Triangle.

Most Units Sold – May 2015

3

Madrigal Lofts

Mount Vernon Triangle

Ten Ten Mass

Mount Vernon Triangle

2

Atrium

Arlington

Chase Point

Friendship Heights

City Vista

Mount Vernon Triangle

Delancey Lofts

Adams Morgan

Metropole

Logan Circle

Ritz-Carlton West End

West End

Solo Piazza

Logan Circle

Somerset House

Friendship Heights

The Floridian

U Street Corridor

The Lafayette

Penn Quarter

Yale Steam Laundry

Mount Vernon Triangle

 

pic_331704.650

Ten Ten Mass

Ten Ten Mass Beat List Price By 104.34 Percent.

Listed at $599,000, Unit 905 in Ten Ten Mass closed at $625,000 for a 2-bedroom, 1-bath condo measuring 901 sq. ft.

Highest List-To-Sales Ratio – May, 2015

104.34%

Ten Ten Mass

Mount Vernon Triangle

103.57%

The Floridian

U Street Corridor

102.51%

Residences at Market Square

Penn Quarter

102.36%

The Whitman

Mount Vernon Triangle

102.07%

Ritz-Carlton West End

West End

102.06%

555 Mass

Mount Vernon Triangle

 

3303 Water Street

3303 Water Street

3303 Water Street Took Top Dollar Per SF.

On the canal in Georgetown3303 Water Street earned $1,114 for its amazing 2,513 sq. ft. floor plan.

Highest $ Per SF – May, 2015

$1,114.21

3303 Water Street

Georgetown

$927.39

City Center

Mount Vernon Triangle

$863.72

Residences at Market Square

Penn Quarter

$855.61

Ritz-Carlton West End

West End

$789.47

Metropole

Logan Circle

$756.86

Matrix

Logan Circle

Quarry Springs in Bethesda Rocks With Top New Listing

This 3-bedroom, 3-bath stunning Quarry Springs new construction dazzles with an open floor plan that encompasses gas fireplace, soaking tub, breathtaking kitchen and amazing amenities inside and out. $3,299,000 makes it home.

Highest Price New Listings – May, 2015

$3,299,000

Quarry Springs

Bethesda

$2,400,000

The Waterview

Arlington

$2,195,000

22 West

West End

LifeAtTheTop.com is the ultimate resource with the right properties, the right firm, and the right agents. If you’re thinking of a move, you owe it to yourself to start a conversation with Jeff Wilson and Daniel Heider. Make sure you have every advantage possible working in your favor.

 

Leave a Reply

Your email address will not be published. Required fields are marked *