In April, many of the most coveted buildings from our proprietary Life At The Top “It” Buildings list appeared atop our stats for the DC Luxury Condo Market.
City Vista Sold More Units Than Any Other Building. Again.
The anchor of the development craze in Mount Vernon, City Vista is the complete package from the rooftop pool to the on-site grocery. It’s ultra-convenient and surprisingly affordable. City Vista is an “It” Building in two categories including “High Demand” — it’s frequently in the top buildings list in terms of number of units sold every month. In April three units were sold including unit 719, a two-bedroom one-bath that was listed for $559,000 and sold for $554,000.
Quarry Springs Sold the Highest Priced Property in April
At Quarry Springs in Bethesda, a stunning 3,200 square foot condo with three bedrooms and three baths was listed for $3,200,000 and sold for $2,940,000.
In Georgetown, 3303 Water Street — an “It” Building in six categories including “Most Luxurious” — a two-bedroom two-and-a-half bath condo was listed for $3,199,000 and sold for $2,834,500.
At Somerset House in Friendship Heights, an “It” Building in four categories including Best Private Outdoor Spaces, unit 17 C was listed for $2,500,000 and sold for $2,400,000. This gracious two-bedroom two-and-a-half bath condo measured a spacious 2,878 ft square feet.
Highest Sales Prices — April 2016 |
||
$2,940,000 |
Quarry Springs |
Bethesda |
$2,834,500 |
3303 Water Street |
Georgetown |
$2,400,000 |
Somerset House |
Friendship Heights |
$1,737,500 |
2101 Connecticut |
Kalorama |
$1,150,000 |
City Center |
Mount Vernon Triangle |
$1,101,000 |
Q 14 |
Logan Circle |
Watergate — Tops For Highest List-To-Sales Ratio
Listed at $719,990, unit 811 at Watergate in Foggy Bottom sold for $785,000, that’s 109.03% above list for the two-bedroom two-and-a-half bath condo.
Highest List-To-Sales Ratio — April 2016 |
||
109.03% |
Watergate |
Foggy Bottom |
104.94% |
Metropole |
Logan Circle |
102.29% |
The Metro |
Logan Circle |
102.00% |
The Adagio |
Bethesda |
101.90% |
555 Mass |
Mount Vernon Triangle |
101.47% |
City Vista |
Mount Vernon Triangle |
3303 Water Street Earned Highest $ Per Square Foot For Third Straight Month.
Once again, 3303 Water Street in Georgetown earned Highest $ Per SF. Unit 3A, two-bedroom two-and-a-half bath condo with 2,513 amazing square feet commanded $1,128 per.
Highest $ Per SF — April 2016 |
||
$1,127.93 |
3303 Water Street |
Georgetown |
$953.57 |
City Center |
Mount Vernon Triangle |
$910.00 |
Residences at Market Square |
Penn Quarter |
$904.89 |
Quarry Springs |
Bethesda |
$870.97 |
Darcy |
Bethesda |
$868.42 |
Matrix |
Logan Circle |
The Top New Listing? 3303 Water Street, Of Course.
Breathtaking water views abound from this rare three-bedroom, three-bath condo with den. This astounding 3303 Water Street penthouse features a 1,400 SF private terrace.
Highest Price New Listings — April 2016 |
||
$5,750,000 |
3303 Water Street |
Georgetown |
$4,795,000 |
Wormley School |
Georgetown |
$3,595,000 |
22 West |
West End |
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