In May, our proprietary Life At The Top “It” Buildings were prominent in all the stats leading the DC Luxury Condo Market.
Arlington’s Atrium Sold More Units Than Any Building
Most Units Sold — May 2016
|Atrium – Arlington|
|Clara Barton – Penn Quarter|
|Residences at Market Square – Penn Quarter|
|Ten Ten Mass – Mount Vernon Triangle|
|The Watergate – Foggy Bottom|
|The Whitman – Mount Vernon Triangle|
|Yale Steam Laundry – Mount Vernon Triangle|
2101 Connecticut and 3303 Water Street Had Matching High Prices.
Not far away in West End, 22 West unit 3C commanded full list price at $1,850,000. Another “It” Building in six categories, the lavish condo featured two bedrooms, two baths and 1,663 breath-taking square feet.
Highest Sales Prices — May 2016
|$2,300,000||2101 Connecticut – Kalorama|
|$2,300,000||3303 Water Street – Georgetown|
|$1,850,000||22 West – West End|
|$1,575,000||City Center – Mount Vernon Triangle|
|$1,560,000||St. Nicholas – Kalorama|
|$1,520,000||The Odyssey – Arlington|
Watergate — Tops For Highest List-To-Sales Ratio.
A marvelous Adams Morgan property on two levels, unit 203 at Meridian Crescent was offered at $949,900 — the two-bedroom two-and-a-half bath stunner sparked a bidding war closed at $1,014,000. That’s 106.75% above list.
Highest List-To-Sales Ratio — May 2016
|106.75%||Meridian Crescent – Adams Morgan|
|106.67%||Somerset House – Friendship Heights|
|104.86%||The Whitman – Mount Vernon Triangle|
|104.34%||Lofts 14 – Logan Circle|
|103.08%||555 Mass – Mount Vernon Triangle|
|102.52%||City Vista – Mount Vernon Triangle|
For Four Straight Months, 3303 Water Street Earned Highest $ Per Square Foot.
Highest $ Per SF — May 2016
|$1,219.51||3303 Water Street – Georgetown|
|$1,132.08||Residences at Market Square – Penn Quarter|
|$1,112.45||22 West – West End|
|$863.49||City Center – Mount Vernon Triangle|
|$851.36||Ritz-Carlton West End – West End|
|$820.58||Lofts 14 – Logan Circle|
The Top New Listing? 3303 Water Street, Of Course.
Highest Price New Listings — May 2016
|$5,750,000||3303 Water Street – Georgetown|
|$4,795,000||Wormley School – Georgetown|
|$3,595,000||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. Make sure you have every advantage possible working in your favor.