It Was Sweet September For Luxury Condo Sales Throughout The Capital Region

 

Turnberry Tower

Turnberry Tower

Union Row

Union Row

The Odyssey

The Odyssey

Life At The Top “It” Buildings drew the most attention from buyers all September long!

On both sides of the Potomac, excited buyers and sophisticated sellers were coming together for sales. In the Most Units Sold category, three buildings sold three units each: Turnberry Tower and The Odyssey in Arlington, and Union Row in U Street Corridor. Tied with two sales each were Lionsgate in Bethesda, Mather Studios in Chinatown, and Yale Steam Laundry in Mount Vernon Triangle.

Most Units Sold — September 2016

3

Turnberry Tower

Arlington

Union Row

U Street Corridor

The Odyssey

Arlington

2

Lionsgate

Bethesda

Mather Studios

Chinatown

Yale Steam Laundry

Mount Vernon Triangle

 

Turnberry Tower

Turnberry Tower

Turnberry Tower Established The Highest Sales Price

Highest Sale Price in September was recorded by Turnberry Tower in Arlington with a $2,375,000 deal. Second place went Ten Ten Mass in Mount Vernon Triangle had a $1,775,000 sale. The Edgemoor in Bethesda was in third place with a $1,675,000 closing. The Watergate in Foggy Bottom chimed in with a $1,650,000 sale to earn fourth place. Tied with $1,575,000 sales were Lionsgate in Bethesda and Somerset House in Friendship Heights.

Highest Sales Prices — September 2016

$2,375,000.00

Turnberry Tower

Arlington

$1,775,000.00

Ten Ten Mass

Mount Vernon Triangle

$1,675,000.00

The Edgemoor

Bethesda

$1,650,000.00

The Watergate

Foggy Bottom

$1,575,000.00

Lionsgate

Bethesda

$1,575,000.00

Somerset House

Friendship Heights

Clara Barton

Clara Barton

Highest List-To-Sales Ratio — the Clara Barton in Penn Quarter

The 2-bedroom, 2-bath unit 1214 at the Clara Barton in Penn Quarter was listed for $719,900. When the bidding war ended, the closing price was $760,000 — 105.57% over the asking price. Other leaders included three buildings in Mount Vernon TriangleCity Vista, Yale Steam Laundry, and The Whitman; The Watergate in Foggy Bottom and The Pennsylvania     in Penn Quarter.

Highest List-To-Sales Ratio — September 2016

105.57%

Clara Barton

Penn Quarter

103.09%

City Vista

Mount Vernon Triangle

102.79%

Yale Steam Laundry

Mount Vernon Triangle

100.42%

The Whitman

Mount Vernon Triangle

100.38%

The Watergate

Foggy Bottom

100.02%

The Pennsylvania

Penn Quarter

Residences At Market Square

Residences At Market Square

Highest $ Per Square Foot — Penn Quarter’s Residences At Market Square

 

PH18 at Residences at Market Square in Penn Quarter, a 945 square foot dazzling one-bedroom, commanded $1,055.56 per SF. Other price-per-square foot leaders included 22 West in West End, City Center in Mount Vernon Triangle, Turnberry Tower in Arlington, Metropole in Logan Circle, and Ten Ten Mass in Mount Vernon Triangle.

 

Highest $ Per SF — September 2016

$1,055.56

Residences at Market Square

Penn Quarter

$1,036.03

22 West

West End

$998.42

City Center

Mount Vernon Triangle

$924.12

Turnberry Tower

Arlington

$911.74

Metropole

Logan Circle

$881.77

Ten Ten Mass

Mount Vernon Triangle

 

Ritz-Carlton West End

Ritz-Carlton West End

The Top New Listing?Ritz-Carlton West End

 

At The Ritz-Carlton West End, a 5100 square foot true penthouse with three bedrooms, five full and one-half baths, was listed for $7,695,000. Other eye-popping new listings included 2501 Pennsylvania in West End and The Lauren in Bethesda.

Highest Price New Listings — September 2016

$7,695,000

Ritz-Carlton West End

West End

$6,950,000

2501 Pennsylvania

West End

$3,995,000

The Lauren

Bethesda

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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