December Was A Big Gift To The DC Luxury Penthouse Market

 

Throughout December, wishes came true all over the Capital Region, and  Life At The Top tracked all of the most significant luxury condo sales.

pic_327217.650Watergate Regained The Top Spot For Most Units Sold.

Six units sold at The Watergate in Foggy Bottom for combined total sales of over $7,000,000. Second place was shared by five buildings with two sales each: 555 Mass and The Whitman in Mount Vernon Triangle, Chase Point in Friendship Heights, The Lafayette in Penn Quarter, and The Odyssey in Arlington.

 

Most Units Sold – December 2015

6

The Watergate

Foggy Bottom

2

555 Mass

Mount Vernon Triangle

Chase Point

Friendship Heights

The Lafayette

Penn Quarter

The Odyssey

Arlington

The Whitman

Mount Vernon Triangle

 

DC8742414 - ViewHighest Sales Price in December Was Captured At The Ritz-Carlton Georgetown.

 

  • Originally listed at $4,994,000, Penthouse Unit 1 D at The Ritz-Carlton in Georgetown closed at $4,975,000. The 4,314 SF condo featured 4 bedrooms, 4-and-a-half baths and the Most Luxurious appointments that this It Building is prized for.
  • At The Watergate in Foggy Bottom, another It Building, Unit 505/506 sold for $3,000,000. With 3 bedrooms and 4 baths, the floorplan measured 3,007 SF.
  • Setting a new high price for The Ventana in Penn Quarter, a 5- bedroom, 4-and-a-half bath residence captured $2,750,000 for this Most Modern It Building.

 

Highest Sales Prices – December, 2015

$4,975,000

Ritz-Carlton Georgetown

Georgetown

$3,000,000

The Watergate

Foggy Bottom

$2,750,000

The Ventana

Penn Quarter

$1,646,000

City Center

Mount Vernon Triangle

$1,640,000

Chase Point

Friendship Heights

$1,600,000

Somerset House

Friendship Heights

watergate1a

The Watergate Earned Highest List- To-Sales Ratio

Listed at $399,000, Unit 1014 at The Watergate in Foggy Bottom sold for $430,000 or 107.77% over list.

 

Highest List-To-Sales Ratio – December, 2015

107.77%

The Watergate

Foggy Bottom

105.18%

Metropole

Logan Circle

102.79%

Matrix

Logan Circle

102.07%

555 Mass

Mount Vernon Triangle

101.22%

City Vista

Mount Vernon Triangle

100.93%

The Whitman

Mount Vernon Triangle

 

City Center - Washington DC's Hottest New DevelopmentCity Center Earned $1,220 Per SF!

 

A full price sale at City Center in Mount Vernon Triangle, Unit 1012 closed at $1,646,000 – that’s $1,220 per SF for the 2-bedroom, 2-and-a-half bath residence in another fabulous It Building.

Highest $ Per SF – December, 2015

$1,220.16

City Center

Mount Vernon Triangle

$1,153.22

Ritz-Carlton Georgetown

Georgetown

$997.67

The Watergate

Foggy Bottom

$860.44

Chase Point

Friendship Heights

$840.63

Q 14

Logan Circle

$787.84

The Waterview

Arlington

 

 

DC9539634

Top New Listing – Unit #7 A at Wardman Tower.

 

It’s finally here – the new Wardman Tower in Woodley Park. The transformed landmark property features 4 bedrooms, 3-and-a-half baths, 2 firelplaces and amazing amenities throughout its 4,500 SF. Join us for a tour!

 

Highest Price New Listings – December, 2015

$8,499,000

Wardman Tower

Woodley Park

$2,175,000

3303 Water Street

Georgetown

$1,850,000

Memorial Overlook

Arlington

 

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. Make sure you have every advantage possible working in your favor.

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