DC penthouse buyers and sellers were finding great comfort and joy in closings on both sides of the Potomac this past December.
Taking The Gift Wrappings Off A Breathtaking 4 Bedroom at 2101 Connecticut in Kalorama.
The biggest gift of the holidays was at 2101 Connecticut in Kalorama — a 4-bedroom, 2.5-bath residence with 3000+ square feet of elegantly appointed space that sold for $3,250,000. In West End, a 2,750 square foot residence with 2 bedrooms and 2.5 baths was snapped up in 12 days for $2,225,000. And one of my favorite buildings, Arlington’s Turnberry Tower was the location of another great sale by Washington Fine Properties — 2-bedroom 2-bath Unit 1812 sold for $2,160,000. You’ll find all three of these buildings on our list of “IT” Buildings. Also, Unit 214 at Lofts 14 in Logan Circle set a new high sales price for the building when the 3-bedroom 2-bath property sold for $1,775,000.
Highest Sales Prices – December, 2014 |
||
$3,250,000 |
2101 Connecticut |
Kalorama |
$2,225,000 |
2501 Pennsylvania |
West End |
$2,160,000 |
Turnberry Tower |
Arlington |
$1,950,000 |
22 West |
West End |
$1,775,000 |
Lofts 14 |
Logan Circle |
$1,457,000 |
City Center |
Mount Vernon Triangle |
Nine Buildings Tied for Most Units Sold In December.
With two sales each, a group of nine buildings sold two units each in last month: 2020 Lofts and The Flats at Union Row in U Street Corridor; City Center, Madrigal Lofts, Ten Ten Mass and The Whitman in Mount Vernon Triangle, The Columbia in West End, and Turnberry Tower in Arlington.
Highest List-To-Sales Ratio Was Scored by 2020 Lofts
In U Street Corridor, 2020 Lofts topped the chart when Unit 612 sold for $15,000 above list. The 2-bedroom, 2-bath property closed at $704,000.
Highest List-To-Sales Ratio – December, 2014 |
||
102.18% |
2020 Lofts |
U Street Corridor |
101.90% |
Logan Station |
Logan Circle |
101.48% |
Ten Ten Mass |
Mount Vernon Triangle |
101.20% |
Metropole |
Logan Circle |
101.00% |
Gallery Place |
Chinatown |
100.98% |
Flats at Union Row |
U Street Corridor |
Highest Price Per Sq. Ft. Went To 2101 Connecticut.
At $1,065.92 per Sq. Ft., Unit 81 at 2101 Connecticut in Kalorama led all December sales. Three others topped $1,000-per-Sq. Ft. including 22 West at $1,056.91, Turnberry Tower at $1,024.67 and City Center at $1,003.44.
Highest $ Per Sq. Ft. – December, 2014 |
||
$1,065.92 |
2101 Connecticut |
Kalorama |
$1,056.91 |
22 West |
West End |
$1,024.67 |
Turnberry Tower |
Arlington |
$1,003.44 |
City Center |
Mount Vernon Triangle |
$887.50 |
Lofts 14 |
Logan Circle |
$809.09 |
2501 Pennsylvania |
West End |
Quarry Springs Was The Highest Priced New Listing For December
The lavish new community in Bethesda, Quarry Springs offered Unit #451, a 3-bedroom, 3.5-bath residence with 3,703 Sq. Ft. for $4,199,000.
Highest Price New Listings – December, 2014 |
||
$4,199,000 |
Quarry Springs |
Bethesda |
$3,995,000 |
Residences at Harbourside |
Georgetown |
$3,495,000 |
The Oronoco |
Alexandria |
For more information about recent sales or to discuss buying or selling a luxury property in the Capital Region, contact Jeff Wilson or Daniel Heider at your convenience.