City Center | Market Pulse | August 2018

Spanning a rather remarkable 10 acres in Downtown D.C.’s Mount Vernon Triangle, City Center delivers a luxurious eat, sleep and play experience. The residential component is the aptly-named Residences at City Center with 12 stories and 216 high-end city homes.

There were three new listings in August. Unit #810 is the highest-priced new entry with a $2,750,000 asking price. The stunning corner penthouse features two master bedrooms, 2.5 baths and a 1,000-square foot private landscaped roof terrace.

Recent activity includes Unit #801, a large 1-bedroom with 922 square feet that went under contract July 30 with a scheduled close date of September 12, 2018. The list price is $925,000, making the resulting price per square foot $1,003. Additionally, Unit #311, a smaller 1-bedroom with an asking price of $599,900 is currently pending with contingencies.

Meanwhile, Unit #616 listed on June 16, went under contract July 12 and closed on August 10. The 2-bedroom, 2.5 bath luxury home with 1,142 square feet listed for $989,000 and sold for $960,000. It was only on the market for 36 days.

Condos for sale at City Center can be found inside two modern glass and steel towers with floor-to-ceiling windows and a full range of amenities. There are also two separate luxury apartment rental buildings as well as two office towers, a 1.5-acre park and a host of upscale retailers and restaurants.

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