As the mercury rose in the Capital Region in April, aggressive buyers jumped at opportunities throughout the DC Luxury Condo Market.
Luxury Residence At Somerset House in Friendship Heights Sold For $8.65 Million!
Unit 1801 at Somerset House, a 4-bedroom 4.5 bath residence with 3,400 sq. ft. took first place, closing for $8,650,000. Over in Rosslyn, The Waterview unit 3001 sold for $3,750,000 — a quarter million above list for 4 bedrooms and 3.5 baths spread over 4,528 sq. ft. And in West End, the Ritz-Carlton penthouse SPH2A scored $3,450,000 for 4 bedrooms, 5.5 baths and 3,447 sq. ft.
Highest Sales Prices – April, 2014 |
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$8,650,000 |
Somerset House |
Friendship Heights |
$3,750,000 |
The Waterview |
Arlington |
$3,450,000 |
Ritz-Carlton West End |
West End |
$1,890,000 |
Cooper Lewis |
Logan Circle |
$1,800,000 |
Lofts At Adams Morgan |
Adams Morgan |
$1,500,000 |
The Wyoming |
Kalorama |
Six Units Sold At Mt. Vernon’s City Vista
For the second month in a row, City Vista in Mt. Vernon led the market with six sales. The Watergate in Foggy Bottom was next with five units sold.
The Wyoming in Kalorama Sold at 112.70% of List!
Following The Wyoming five other buildings sold above list including The Waterview, Flats at Union Row, Cooper Lewis, The Floridian and City Vista.
Highest List-To-Sales Ratio – April, 2014 |
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112.70% |
The Wyoming |
Kalorama |
107.14% |
The Waterview |
Arlington |
105.92% |
Flats at Union Row |
U-Street |
105.01% |
Cooper Lewis |
Logan Circle |
104.30% |
The Floridian |
U-Street |
102.80% |
City Vista |
Mt. Vernon |
For Highest Dollar Per Sq. Ft., Somerset House Commanded an Amazing $2,544.12!
Other leaders were Ritz West End, The Odyssey, Cooper Lewis, The Waterview and Metropole.
Highest $ Per Sq. Ft. – April, 2014 |
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$2,544.12 |
Somerset House |
Friendship Heights |
$1,000.87 |
Ritz-Carlton West End |
West End |
$995.21 |
The Odyssey |
Arlington |
$945.00 |
Cooper Lewis |
Logan Circle |
$828.18 |
The Waterview |
Arlington |
$707.07 |
Metropole |
Logan Circle |
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.