High prices, bidding wars, even zero days on market were part of the story on both sides of the Potomac throughout August.
Properties In Maryland, DC And Virginia Commanded Top Sales Prices
Three of our “IT” Buildings took the top spots for Highest Sales Prices in August:
- At Somerset House in Friendship Heights, Unit 801 sold for $4,100,000 that’s for a 3-bedroom 4-and-a-half bath penthouse with 3600 spectacular square feet.
- At the Ritz-Carlton West End, Unit Five, a 3-bedroom 3-bath stunner with almost 3,100 square feet, captured $3,250,000.
- At Turnberry Tower in Arlington, Unit 2009 sold for $2,550,000 — that’s for a 2-bedroom 3-and-a-half bath with 2,655 square feet.
Highest Sales Prices – August, 2015 |
||
$4,100,000.00 |
Somerset House |
Friendship Heights |
$3,250,000.00 |
Ritz-Carlton West End |
West End |
$2,550,000.00 |
Turnberry Tower |
Arlington |
$1,850,000.00 |
Lionsgate |
Bethesda |
$1,650,000.00 |
Kalorama |
|
$1,450,000.00 |
1661 Crescent Place |
Adams Morgan |
555 Mass, City Vista And The Artisan Sold Four Units Each.
Two Mount Vernon Triangle buildings, 555 Mass and City Vista sold four residences each, as did The Artisan in Penn Quarter. Highlights included:
- At 555 Mass, a 2-bedroom 2-bath condo sold for full price at $639,555.
- City Vista Unit 330, a 2-bedroom 1-bath was listed for $539,000 and closed at $549,000.
- Unit 408 at The Artisan in Penn Quarter brought in $460,000 for a 1-bedroom 1-bath property.
Most Units Sold – August 2015 |
||
4 |
555 Mass |
Mount Vernon Triangle |
City Vista |
Mount Vernon Triangle |
|
The Artisan |
Penn Quarter |
|
3 |
The Atrium |
Arlington |
Ritz-Carlton West End |
West End |
|
Somerset House |
Friendship Heights |
|
The Watergate |
Foggy Bottom |
Highest List-To-Sales Honors Went To The Watergate
Unit 801 at The Watergate, a 2-bedroom, 2-and-a-half bath condo, was listed for $499,000 and when the bidding ended, closed for $580,000.
Highest List-To-Sales Ratio – August, 2015 |
||
116.23% |
The Watergate |
Foggy Bottom |
103.50% |
The Artisan |
Penn Quarter |
103.17% |
The Whitman |
Mount Vernon Triangle |
103.09% |
555 Mass |
Mount Vernon Triangle |
102.78% |
The Floridian |
U Street Corridor |
102.56% |
The Lafayette |
Penn Quarter |
Somerset House Captured Highest Price Per Sq. Ft.
Somerset House Unit 801, a 3-bedroom 4-and-a-half bath penthouse with 3600 square feet, took honors for highest price per square foot with $1,138.89.
Highest $ Per SF – August, 2015 |
||
$1,138.89 |
Somerset House |
Friendship Heights |
$1,124.20 |
22 West |
West End |
$1,049.74 |
Ritz-Carlton West End |
West End |
$978.28 |
City Center |
Mount Vernon Triangle |
$960.45 |
Turnberry Tower |
Arlington |
$815.14 |
The Waterview |
Arlington |
Ritz-Carlton West End Ranked Highest in New Listings — Again!
Another spectacular Ritz-Carlton West End penthouse entered the market, offering 4-bedrooms, 5-and-a-half baths, and 1400 S/F of terraces with skyline views. Take the tour!
Highest Price New Listings – August, 2015 |
||
$4,250,000 |
Ritz-Carlton West End |
West End |
$3,300,000 |
The Watergate |
Foggy Bottom |
$2,495,000 |
2501 Pennsylvania |
West End |
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.