Every day in March, bidding wars and creative deal making sustained the market for luxury condos throughout the Capitol Region.
West End Luxury Condos Scored First And Second Highest Prices
Three of our IT Buildings topped the rankings for Highest Sales Prices.
- Unit 7D at 22 West sold for $2,550,000 — an eye-opening price for a stunning residence with 2 bedrooms, 3 baths and 2,337 sq. ft.
- At the Ritz-Carlton West End, $1,695,000 closed the deal on Penthouse 3N in the north tower. This 2-bedroom, 2.5-bath property includes 2,059 sq. ft.
- Across the Potomac, Turnberry Tower Unit 1710 commanded full price for an 1,812 sq. ft. residence with 2 bedrooms and 2.5 baths.
Highest Sales Prices – March, 2015 |
||
$2,550,000 |
22 West |
West End |
$1,695,000 |
Ritz-Carlton West End |
West End |
$1,649,000 |
Turnberry Tower |
Arlington |
$1,355,000 |
St Nicholas |
Kalorama |
$1,185,000 |
Atrium |
Arlington |
$965,000 |
Chase Point |
Friendship Heights |
Five Buildings Shared Sales At The Top With Two Units Each
Sharing the top for Most Units Sold, five buildings scored two sales each: Clara Barton in Penn Quarter, The Flats at Union Row in U Street Corridor, Ritz-Carlton West End, Solo Piazza in Logan Circle and Ten Ten Mass in Mount Vernon Triangle.
- At Clara Barton, a 1-bedroom, 1-bath condo sold for $450,000 — that’s $5,100 more than list.
Most Units Sold – March 2015 |
||
2 |
Clara Barton |
Penn Quarter |
The Flats at Union Row |
U Street Corridor |
|
Ritz-Carlton West End |
West End |
|
Solo Piazza |
Logan Circle |
|
Ten Ten Mass |
Mount Vernon Triangle |
The St. Nicholas Sold For 104.31% Over List
Kalorama was the scene for a winning bid on St. Nicholas Unit 3AE, where a 3-bedroom, 2.5-bath condo sold for $1,355,000 — that’s $56,000 over list.
Highest List-To-Sales Ratio – March, 2015 |
||
104.31% |
St Nicholas |
Kalorama |
102.77% |
Wooster and Mercer |
Arlington |
102.45% |
City Vista |
Mount Vernon Triangle |
101.84% |
The Flats at Union Row |
U Street Corridor |
101.69% |
Solo Piazza |
Logan Circle |
101.67% |
Ten Ten Mass |
Mount Vernon Triangle |
For The Second Straight Month, A 22 West Condo Scored Highest Price Per Sq. Ft.
22 West is one of our favorite West End buildings. In March, Unit 7D, with two bedrooms and two baths, sold for $1,091.14 per sq. ft.
Highest $ Per Sq. Ft. – March, 2015 |
||
$1,091.14 |
22 West |
West End |
$910.04 |
Turnberry Tower |
Arlington |
$869.31 |
City Center |
Mount Vernon Triangle |
$866.20 |
Ritz-Carlton West End |
West End |
$833.66 |
Wooster and Mercer |
Arlington |
$784.97 |
The Lofts at Adams Morgan |
Adams Morgan |
New Listings For March Soared With A Huge Condo At Ritz-Carlton West End
The numbers are amazing: 4 Bedrooms. 5 Baths. 5,664 Square Feet. $6,950,000. One of only two Presidential Penthouses, available right now at the Ritz-Carlton West End. It’s a must-see.
Highest Price New Listings – March, 2015 |
||
$6,950,000 |
Ritz-Carlton West End |
West End |
$3,900,000 |
Somerset House |
Friendship Heights |
$3,500,000 |
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.