July Market Leaders were found at The Watergate in Foggy Bottom, 555 Mass in Mount Vernon Triangle, Turnberry Tower in Arlington, and 22 West in West End.
Highest Sale Price Uncovered At The Watergate!
The Watergate broke out in Foggy Bottom with a full price sale of $2.95 million for a 2-bedroom, 2½-bath unit — actually two units merged into one! Second place went to Friendship Heights’ Somerset House for a 2-bedroom 2½-bath penthouse — listed for $1,795,000; it sold for $1,860,000 which was 103.62% above list. And in West End, Penthouse 5A at 22 West, a 2-bedroom 2-bath was listed at $1,525,000 and sold $1,545,000 — a little over 101% of list.
Highest Sales Prices – July, 2014 |
||
$2,950,000 |
The Watergate |
Foggy Bottom |
$1,860,000 |
Somerset House |
Friendship Heights |
$1,545,000 |
22 West |
West End |
$1,409,000 |
City Center |
Mount Vernon Triangle |
$1,250,000 |
Chase Point |
Friendship Heights |
$1,250,000 |
Dumbarton Place |
Dupont Circle |
555 Mass and Turnberry Tower Both Sold Three Properties in July
Mount Vernon Triangle’s 555 Mass and Arlington’s Turnberry Tower both moved three properties. Buildings with two sales each included City Center, City Vista, Clara Barton, Flats at Union Row, Madrigal, The Floridian and The Pennsylvania.
The View From City Vista — 108.59% Of List!
When they crave luxury, buyers will often leap over the list price to get what they want. Led by Adams Morgan’s City Vista, six different buildings marked sales above 100 percent of list.
Highest List-To-Sales Ratio – July, 2014 |
||
108.59% |
City Vista |
Adams Morgan |
104.44% |
The Beauregard |
U Street Corridor |
103.62% |
Somerset House |
Friendship Heights |
101.82% |
Q 14 |
Logan Circle |
101.31% |
22 West |
West End |
100.82% |
Flats at Union Row |
U Street Corridor |
Highest Per Sq. Ft. In July Went To 22 West!
West End buyers paid $1,069.20 to capture the 5th floor penthouse at 22 West.
Highest $ Per Sq. Ft. – July, 2014 |
||
$1,069.20 |
22 West |
West End |
$1,012.01 |
The Watergate |
Foggy Bottom |
$970.39 |
City Center |
Mount Vernon Triangle |
$870.47 |
Dumbarton Place |
Dupont Circle |
$761.67 |
Somerset House |
Friendship Heights |
$726.39 |
The Waterview |
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.