Buyers jumped at opportunities throughout the DC Luxury Condo Market in January — one unit at 3303 Water Street in Georgetown sold for $6 Million the same day it was listed! And in the same month, Mt. Vernon’s City Vista and Arlington’s The Odyssey closed six units each.
One Georgetown Luxury Penthouse Sold For $6 Million The Same Day It Was Listed!
Georgetown’s 3303 Water Street took first place with a $6 Million sale — that 4-bedroom 4.5 bath unit was listed for $6.25 Million the same day. Across the Potomac, a Turnberry Tower 2-bedroom 2.5 bath unit sold for $2.6 Million. And City Center scored third place for March with a $2.158 Million sale.
Highest Sales Prices – March, 2014 |
||
$6,000,000 |
3303 Water Street |
Georgetown |
$2,600,000 |
Turnberry Tower |
Arlington |
$2,158,000 |
City Center |
Mt. Vernon |
$1,550,000 |
Somerset House |
Friendship Heights |
$1,125,000 |
Wooster and Mercer |
Arlington |
$735,000 |
Ritz West End |
West End |
Six Units Each Sold At City Vista and The Odyssey
With 6 sales each, top place went to City Vista in Mt. Vernon and The Odyssey in Arlington. The Flats at Union Row in U-Street sold 3 units.
City Vista in Mt. Vernon sold at 104.21% of List!
City Vista ranked first, followed closely by Logan Station, Flats at Union Row, The Sonata, Delancey Lofts and Kalorama Lofts.
Highest List-To-Sales Ratio – March, 2014 |
||
104.21% |
City Vista |
Mt. Vernon |
103.46% |
Logan Station |
Mt. Vernon |
103.13% |
Flats at Union Row |
U-Street |
102.07% |
The Sonata |
Mt. Vernon |
101.60% |
Delancey Lofts |
Adams Morgan |
101.11% |
Kalorama Lofts |
Adams Morgan |
For Highest Dollar Per Sq. Ft., Georgetown’s 3303 Water Street Topped Them All!
With almost $1,600 per sq. ft., 3303 Water Street captured top position! Other leaders were City Center, Ritz West End, The Pennsylvania, Landmark Lofts, and Flats at Union Row.
Highest $ Per Sq. Ft. – March, 2014 |
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$1,598.30 |
3303 Water Street |
Georgetown |
$980.91 |
City Center |
Mt. Vernon |
$952.07 |
Ritz West End |
West End |
$732.88 |
The Pennsylvania |
Penn Quarter |
$676.55 |
Landmark Lofts |
Capitol Hill |
$676.23 |
Flats at Union Row |
U-Street |
For more information about recent sales or to discuss buying or selling a luxury property in the Capital Region, contact Jeff Wilson at your convenience.