Hot Buildings, Hot Neighborhoods Throughout The Capital Region In March

 

In March, many of the most coveted buildings from our proprietary Life At The Top “It Buildings” list appeared atop our stats for the DC Luxury Condo Market.

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Union Row And Ten Ten Mass Sold Four Units Each

For the second month in a row, it was Union Row in U Street Corridor atop the Most Units Sold list, tied by Ten Ten Mass in Mount Vernon Triangle. Both IT Buildings sold four units.

Most Units Sold — March 2016

4

Union Row

U Street Corridor

Ten Ten Mass

Mount Vernon Triangle

3

The Columbia

West End

2

City Center

Mount Vernon Triangle

City Vista

Mount Vernon Triangle

Madrigal Lofts

Mount Vernon Triangle

The Lafayette

Penn Quarter

The Watergate

Foggy Bottom

Six “It Buildings” Earned Highest Sales Prices for March

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An absolutely Most Luxurious “It Building“, 2501 Pennsylvania in West End scored the Highest Sales Prices list when Unit 5C sold for $2,300,000. This gracious and spacious 2-bedroom, 2-and-a-half bath residence measured 2,760 square feet.

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Celebrated among our “It Buildings” for Best Private Outdoor Space and Best Views, The Watergate in Foggy Bottom brought home a $1,880,000 sale. The 2,300 square foot condo — unit 1218 — included 2 bedrooms, 2-and-a-half baths and a landmark location on the Potomac.

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Back in West End again, 22 West Unit 4M sold for the full $1,675,000 asking price. The 2-bedroom, 2-and-a-half bath residence measured 1,571 square feet in an “It Building” that scores in six categories: Rarely Available, High Demand, Most Luxurious, Best Private Outdoor Space, Most Grande, and Most Modern!

Highest Sales Prices — March 2016

$2,300,000

2501 Pennsylvania

West End

$1,880,000

The Watergate

Foggy Bottom

$1,675,000

22 West

West End

$1,675,000

Somerset House

Friendship Heights

$1,600,000

3303 Water Street

Georgetown

$1,485,000

City Center

Mount Vernon Triangle

Highest List-To-Sales Ratio Was Taken by Union Row

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Unit 328W at Union Row in U Street Corridor was listed for $1,050,000 and sold for $1,125,000. The 2-bedroom, 2-and-a-half bath residence measured 1,571 square feet and beat list price by 107.14%. Notice that four other high list-to-sales performers came from Mount Vernon Triangle.

Highest List-To-Sales Ratio — March 2016

107.14%

Union Row

U Street Corridor

103.45%

Rainbow Lofts

Penn Quarter

101.38%

Ten Ten Mass

Mount Vernon Triangle

101.36%

Madrigal Lofts

Mount Vernon Triangle

101.03%

555 Mass

Mount Vernon Triangle

100.73%

City Vista

Mount Vernon Triangle

For The Second Month In A Row, The Highest $ Per Square Foot Winner Was 3303 Water Street

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An “It Building” in six categories, 3303 Water Street in Georgetown earned Highest $ Per SF in March when condo unit 6C sold for $1,600,000. With two bedrooms, two baths, and a spectacular location on the Canal, $1,103 per square foot won the day.

Highest $ Per SF — March 2016

$1,103.45

3303 Water Street

Georgetown

$1,069.11

City Center

Mount Vernon Triangle

$1,066.20

22 West

West End

$919.33

The Columbia

West End

$833.33

2501 Pennsylvania

West End

$817.39

The Watergate

Foggy Bottom

Somerset House Topped The Highest Price New Listings Category

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Sorry to report that #601 at Parc Somerset in Friendship Heights was listed and sold for $4,400,000 on the same March day. With almost 3,700 glamorous square feet, here’s what you missed: three bedrooms, four-and-a-half baths, library, family room, and an “It Building” in four categories.

Highest Price New Listings — March 2016

$4,400,000

Somerset House

Friendship Heights

$4,195,000

 Ritz-Carlton West End

West End

$4,190,000

Quarry Springs

Bethesda

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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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