The heights were ablaze with action on both sides of the Potomac throughout the month of July. It’s a great time for new construction and re-sales in favorite buildings!
Three of The Top Six Sales Were Recorded in Georgetown.
At 1055 High, Unit 4-W captured hearts and $5,000,000 — the 3-bedroom, 3-and-a-half bath residence in a brand new Eastbanc building on the C&O Canal is pure amazement.
Located in an 1885 conversion, Wormley School has just seven residences including Unit 1. With 2 bedrooms and 2-and-a-half baths, this property received top grades and sold for $2,450,000.
At the opposite end of Wisconsin Avenue in Friendship Heights, a 2-bedroom, 2-and-a-half-bath Somerset House condo fetched full list price at $2,000,000.
Highest Sales Prices – July, 2015 |
||
$5,000,000.00 |
1055 High |
Georgetown |
$2,450,000.00 |
Wormley School |
Georgetown |
$2,000,000.00 |
Somerset House |
Friendship Heights |
$1,650,000.00 |
Lionsgate |
Bethesda |
$1,600,000.00 |
Ritz-Carlton West End |
West End |
$1,595,000.00 |
3303 Water Street |
Georgetown |
Atrium and City Vista Topped Most Units Sold at Four Each
Unit 1325 In The Atrium in Arlington closed for $985,000 for a 3-bedroom, 2-and-a-half bath unit — one of 4 sales in July. At City Vista in Mount Vernon Triangle, Unit 811 was one of four sales in July. Tied at 3 sales in July, the winners were 555 Mass in Mount Vernon Triangle, The Flats at Union Row in U Street Corridor, Somerset House in Friendship Heights, and The Watergate in Foggy Bottom.
Most Units Sold – July 2015 |
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4 |
The Atrium |
Arlington |
City Vista |
Mount Vernon Triangle |
|
3 |
555 Mass |
Mount Vernon Triangle |
The Flats at Union Row |
U Street Corridor |
|
Somerset House |
Friendship Heights |
|
The Watergate |
Foggy Bottom |
|
U Street’s Flats At Union Row Topped Highest Price Above List
Listed at $669,495 and sold at $718,000, Unit 316 in The Flats at Union Row scored 107.25% over list.
Highest List-To-Sales Ratio – July, 2015 |
||
107.25% |
The Flats at Union Row |
U Street Corridor |
104.42% |
Ten Ten Mass |
Mount Vernon Triangle |
104.20% |
The Carthage |
Kalorama |
104.01% |
555 Mass |
Mount Vernon Triangle |
104.01% |
2020 Lofts |
U Street Corridor |
103.57% |
Yale Steam Laundry |
Mount Vernon Triangle |
1055 High Hit Highest Price Per Sq. Ft.
When it closed for $5,000,000, Unit 4-W at 1055 High in Georgetown earned a price per sq. ft. of $1,516.
Highest $ Per SF – July, 2015 |
||
$1,516.53 |
1055 High |
Georgetown |
$1,177.73 |
22 West |
West End |
$908.19 |
City Center |
Mount Vernon Triangle |
$882.52 |
Ritz-Carlton West End |
West End |
$860.25 |
Wormley School |
Georgetown |
$857.53 |
3303 Water Street |
Georgetown |
Ritz-Carlton West End Ranked Highest in New Listings!
The stunning Ritz-Carlton West End penthouse was renovated from a 5 bedroom to a 3 bedroom with an extraordinary mahogany library and climate-controlled wine cellar. Also features an upper level solarium with a large rooftop terrace, 3 additional terraces totaling 2,200 sq. ft. and 3 reserved parking spaces. The tour starts here!
Highest Price New Listings – July, 2015 |
||
$6,900,000 |
Ritz-Carlton West End |
West End |
$6,100,000 |
3303 Water Street |
Georgetown |
$4,670,000 |
Quarry Springs |
Bethesda |
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.
