In June, our celebrated Life At The Top “It” Buildings were prime players in all the stats leading the DC Luxury Condo Market.
For Adams Alley in Adams Morgan, Unit #300 — a 2-bedroom, 2-and-a-half-bath in a “Best Conversion It Building” — sold for $5,000 over list. The $1,155,000 sale was the building’s first in 21 months. In another notable transaction, Gaslight Square in Arlington recorded a new high price — a 2-bedroom, 2-bath 155 condo listed at $975,000 and sold for $1,000,000.
Four Buildings Sold Four Units Each in June
22 West in West End, an “It Building” in six categories, sold four units including 8-G — a stunning 3-bedroom, 3-and-a-half-bath condo that closed at $3,400,000. Three buildings in Mount Vernon Triangle also sold four units each: City Center, City Vista and The Whitman.
Most Units Sold — June 2016 |
||
4 |
22 West |
West End |
City Center |
Mount Vernon Triangle |
|
City Vista |
Mount Vernon Triangle |
|
The Whitman |
Mount Vernon Triangle |
|
3 |
Chase Point |
Friendship Heights |
The Watergate |
The Watergate |
Friendship Heights’ Somerset House Marked June’s Highest Sales Price
Leading all sales in June, Unit 601 at Somerset House in Friendship Heights sold for $4,250,000. The 3,623 square foot floor plan includes 3 bedrooms and 4-and-a-half-baths.
$3,400,000 won the day for 22 West condo 8-G — a stunning 3-bedroom, 3-and-a-half-bath condo.
In Foggy Bottom, The Watergate unit 1201 commanded $2,250,000 for a 3 bedroom with 3 baths, 2 half-baths and magnificent Potomac views.
Highest Sales Prices — June 2016 |
||
$4,250,000.00 |
Somerset House |
Friendship Heights |
$3,400,000.00 |
22 West |
West End |
$2,250,000.00 |
The Watergate |
Foggy Bottom |
$1,800,000.00 |
City Center |
Mount Vernon Triangle |
$1,650,000.00 |
The Duncan |
Dupont Circle |
$1,550,000.00 |
The Dresden |
Kalorama |
Tops for Highest List-to-Sales Ratio — Dupont’s Chinese Embassy
With its first sale since 2013, the Chinese Embassy buiding in Dupont Circle sold for $740,000 — that’s $40,100 above the listing.
Highest List-To-Sales Ratio — June 2016 |
||
105.87% |
Chinese Embassy |
Dupont Circle |
104.58% |
Yale Steam Laundry |
Mount Vernon Triangle |
103.70% |
City Vista |
Mount Vernon Triangle |
102.81% |
Adams Row |
Adams Morgan |
102.56% |
555 Mass |
Mount Vernon Triangle |
101.56% |
City Vista |
Mount Vernon Triangle |
Highest $ Per Square Foot was earned at Somerset House
At $1,173 per SF, Unit 601 at Somerset House in Friendship Heights sold for $4,250,000. Every one of its 3623 square feet are amazing!
Highest $ Per SF — June 2016 |
||
$1,173.06 |
Somerset House |
Friendship Heights |
$1,135.23 |
22 West |
West End |
$1,048.39 |
City Center |
Mount Vernon Triangle |
$937.50 |
Matrix |
Logan Circle |
$898.60 |
The Darcy |
Bethesda |
$849.32 |
The Dresden |
Kalorama |
Bethesda’s Quarry Springs — The High New Listing for June.
New construction offered at $4,290,000, this 4,626 SF spectacular Quarry Springs property combines three bedrooms, three-and-a-half baths, fireplaces and breathtaking amenities in a lavish estate campus just outside Bethesda.
Highest Price New Listings — June 2016 |
||
$4,290,000 |
Quarry Springs |
Bethesda |
$3,899,990 |
Hampden Square |
Bethesda |
$3,550,000 |
Ritz-Carlton Georgetown |
Georgetown |
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. Make sure you have every advantage possible working in your favor.