May was a merry month in the Capital Region, with luxury condo sales flourishing throughout DC, Virginia and Maryland.
Three Sales At Ritz-Carlton West End Including A Stunning $2,350,000 Penthouse!
Residence N6E at Ritz-Carlton West End, a 3-bedroom 3.5 bath residence with just over 3,000 sq. ft. took first place, closing for $2,350,000. And two other properties in the Ritz sold for $1.7 million and $1.3 million in the same month. Mt. Vernon was the scene of a $1,875,000 sale at Ten Ten Mass for a 2-bedroom, 3.5 bath condo. And in Arlington, our listing at Mercer sold for full price at $1,630,000 in Private Placement.
Highest Sales Prices – May, 2014 |
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$2,350,000 |
Ritz-Carlton West End |
West End |
$1,875,000 |
Ten Ten Mass |
Mt. Vernon |
$1,630,000 |
Wooster and Mercer |
Arlington |
$1,310,000 |
Chase Point |
Friendship Heights |
$1,250,000 |
The Watergate |
Foggy Bottom |
$1,150,000 |
Turnberry Tower |
Arlington |
Six Units Sold At The Watergate in Foggy Bottom
Once again, The Watergate in Foggy Bottom led the charts for most units sold with six. The Ritz-Carlton West End and The Lafayette in Penn Quarter tied with four sales each.
Most Units Sold – May, 2014 |
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6 |
The Watergate |
Foggy Bottom |
4 |
Ritz-Carlton West EndThe Lafayette |
West EndPenn Quarter |
3 |
City VistaThe Odyssey |
Mt. VernonArlington |
The Metropole in Logan Circle sold at 108.1% of List!
Following Metropole, five other buildings sold above list including The Watergate, Solo Piazza, City Vista, Wooster and Mercer and Residences at Market Square.
Highest List-To-Sales Ratio – May, 2014 |
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108.10% |
Metropole |
Logan Circle |
105.26% |
The Watergate |
Foggy Bottom |
105.02% |
Solo Piazza |
Logan Circle |
104.53% |
City Vista |
Logan Circle |
103.00% |
Wooster and Mercer |
Arlington |
102.96% |
Residences at Market Square |
Penn Quarter |
For Highest Dollar Per Sq. Ft., Residences at Market Square Closed at $975.84!
Other leaders were City Center, Ten Ten Mass, Ritz-Carlton West End, Metropole and Wooster and Mercer.
Highest $ Per Sq. Ft. – May, 2014 |
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$975.84 |
Residences at Market Square |
Penn Quarter |
$916.51 |
City Center |
Mt. Vernon |
$827.45 |
Ten Ten Mass |
Mt. Vernon |
$823.92 |
Ritz-Carlton West End |
West End |
$810.81 |
Metropole |
Logan Circle |
$798.63 |
Wooster and Mercer |
Arlington |
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.