The DC Luxury Penthouse Market Reached New Peaks In June.

National statistics and our own sales surveys showed that sales of luxury condos in the Capital Region remain strong and are setting records in some categories. The Washington Business Journal reported June 2015 sales stats from CoreLogic in the District jumped 5.4% compared to a year ago, while sales in the entire metro were up 2.5% overall.

For The Highest Sales, Check Out Arlington, Friendship Heights And Bethesda.

In Arlington, Turnberry Tower Unit 1901, a 4-bedroom 4-1/2 bath with 4,447 sq. ft. sold for $3,650,000. It was a TTR Sotheby’s International Realty listing.

In Friendship Heights, another TTR Sotheby’s International Realty listing touched off a war of acquisition. Somerset House Unit 1409 was offered at $2,150,000 and sold for $2,676,000. The 3-bedroom 2-1/2-bath condo measured for 2,442 sq. ft.

Back in Arlington, Unit 2401 at The Waterview commanded full price of $2,400,000 for 3 bedrooms, 3-1/2 baths and 2,165 luscious sq. ft.

Highest Sales Prices – June, 2015

$3,650,000.00

Turnberry Tower

Arlington

$2,676,000.00

Somerset House

Friendship Heights

$2,400,000.00

The Waterview

Arlington

$1,800,000.00

Lionsgate

Bethesda

$1,800,000.00

Ritz-Carlton West End

West End

$1,565,000.00

The Edgemoor at Arlington

Bethesda

Two Mount Vernon Triangle Buildings Were Tops In Most Units Sold!

Yale Steam Laundry sold 6 units including a 2-bedroom, 2 1/2-bath condo for $694,500.  City Center sold 5 units including a 2-bedroom 2 1/2-bath unit for $1,400,000.

Most Units Sold – June 2015

6

Yale Steam Laundry

Mount Vernon Triangle

5

City Center

Mount Vernon Triangle

4

City Vista

Mount Vernon Triangle

Gallery Place

Chinatown

Madrigal Lofts

Mount Vernon Triangle

3

Atrium

Arlington

Ritz-Carlton West End

West End

The Odyssey

Arlington

Somerset House Crushed It With A Blockbuster Sale — 124.4% Over List!

Unit 1409 at Somerset House was listed at $2,150,000 for 3-bedroom 2-1/2-bath condo in 2,442 sq. ft. When the bidding ended, this TTR Sotheby’s International Realty residence sold for $2,676,000. That’s $526,000 over list!

Highest List-To-Sales Ratio – June, 2015

124.47%

Somerset House

Friendship Heights

112.02%

Lofts 14

Logan Circle

107.25%

The Floridian

U Street Corridor

105.18%

City Vista

Mount Vernon Triangle

104.90%

Flour Mill

Georgetown

104.90%

Residences at Market Square

Penn Quarter

$1,108 Per Spectacular Sq. Ft. At The Waterview in Arlington!

Capturing the full price of $2,400,000, Unit 2401 at The Waterview brought in $1,108 for each of its 2,165 luscious sq. ft.

Highest $ Per SF – June, 2015

$1,108.55

The Waterview

Arlington

$1,095.82

Somerset House

Friendship Heights

$960.69

City Center

Mount Vernon Triangle

$900.00

Lionsgate

Bethesda

$820.78

Turnberry Tower

Arlington

$818.58

The Sonata

Mount Vernon Triangle

Records May Be Broken By New Penthouse Listing At Ritz-Carlton Georgetown.

Penthouse 2A at Ritz-Carlton Georgetown set off international buzz with its amazing amenities and $13,950,000 list price. The TTR Sotheby’s International Realty listing boasts 6,145 sq. ft. of interior space plus 3,000 sq. ft. of terraces and roof decks. Take the tour!

Highest Price New Listings – June, 2015

$13,950,00

Ritz-Carlton Georgetown

Georgetown

$5,500,000

Somerset House

Friendship Heights

$2,789,000

Turnberry Tower

Arlington

LifeAtTheTop.com is the ultimate resource with the right properties, the right firm, and the right agents. If you’re thinking of a move, you owe it to yourself to start a conversation with Jeff Wilson and Daniel Heider. Make sure you have every advantage possible working in your favor.

Leave a Reply

Your email address will not be published.