In May, our proprietary Life At The Top “It” Buildings were prominent in all the stats leading the DC Luxury Condo Market.
The Atrium
Arlington’s Atrium Sold More Units Than Any Building
Atrium in Arlington sold four units in May including a three-bedroom, three-bath condo that closed for $925,000. Six other buildings came in second with three sales each.
Most Units Sold — May 2016 |
|
|
4 |
Atrium – Arlington |
|
3
|
Clara Barton – Penn Quarter |
| Residences at Market Square – Penn Quarter | |
| Ten Ten Mass – Mount Vernon Triangle | |
| The Watergate – Foggy Bottom | |
| The Whitman – Mount Vernon Triangle | |
| Yale Steam Laundry – Mount Vernon Triangle | |
2101 Connecticut
3303 Water Street
2101 Connecticut and 3303 Water Street Had Matching High Prices.
In Kalorama, that Most Grande “It” Building, 2101 Connecticut, sold unit #1 for $2,300,000. The five-bedroom three-bath condo featured 3,200 magnificent square feet.
Meanwhile in neighboring Georgetown, 3303 Water Street — an “It” Building in six categories — unit 6E also captured $2,300,000 for 1,886 square feet of canal-side magnificence.
Not far away in West End, 22 West unit 3C commanded full list price at $1,850,000. Another “It” Building in six categories, the lavish condo featured two bedrooms, two baths and 1,663 breath-taking square feet.
Highest Sales Prices — May 2016 |
|
| $2,300,000 | 2101 Connecticut – Kalorama |
| $2,300,000 | 3303 Water Street – Georgetown |
| $1,850,000 | 22 West – West End |
| $1,575,000 | City Center – Mount Vernon Triangle |
| $1,560,000 | St. Nicholas – Kalorama |
| $1,520,000 | The Odyssey – Arlington |
The Watergate
Watergate — Tops For Highest List-To-Sales Ratio.
A marvelous Adams Morgan property on two levels, unit 203 at Meridian Crescent was offered at $949,900 — the two-bedroom two-and-a-half bath stunner sparked a bidding war closed at $1,014,000. That’s 106.75% above list.
Highest List-To-Sales Ratio — May 2016 |
||
| 106.75% | Meridian Crescent – Adams Morgan | |
| 106.67% | Somerset House – Friendship Heights | |
| 104.86% | The Whitman – Mount Vernon Triangle | |
| 104.34% | Lofts 14 – Logan Circle | |
| 103.08% | 555 Mass – Mount Vernon Triangle | |
| 102.52% | City Vista – Mount Vernon Triangle | |
3303 Water Street
For Four Straight Months, 3303 Water Street Earned Highest $ Per Square Foot.
3303 Water Street in Georgetown earned Highest $ Per SF for the fourth month in a row. Closing for $2,300,000, unit 6E commanded $1,219 for each of its amazing 1,886 square feet.
Highest $ Per SF — May 2016 |
||
| $1,219.51 | 3303 Water Street – Georgetown | |
| $1,132.08 | Residences at Market Square – Penn Quarter | |
| $1,112.45 | 22 West – West End | |
| $863.49 | City Center – Mount Vernon Triangle | |
| $851.36 | Ritz-Carlton West End – West End | |
| $820.58 | Lofts 14 – Logan Circle | |
3303 Water Street
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 in Georgetown features a 1,400 SF private terrace.
Highest Price New Listings — May 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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