Life At The Top “It” Buildings drew the most attention from buyers all September long!
On both sides of the Potomac, excited buyers and sophisticated sellers were coming together for sales. In the Most Units Sold category, three buildings sold three units each: Turnberry Tower and The Odyssey in Arlington, and Union Row in U Street Corridor. Tied with two sales each were Lionsgate in Bethesda, Mather Studios in Chinatown, and Yale Steam Laundry in Mount Vernon Triangle.
Most Units Sold — September 2016 |
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3 |
Turnberry Tower |
Arlington |
Union Row |
U Street Corridor |
|
The Odyssey |
Arlington |
|
2 |
Lionsgate |
Bethesda |
Mather Studios |
Chinatown |
|
Yale Steam Laundry |
Mount Vernon Triangle |
Turnberry Tower Established The Highest Sales Price
Highest Sale Price in September was recorded by Turnberry Tower in Arlington with a $2,375,000 deal. Second place went Ten Ten Mass in Mount Vernon Triangle had a $1,775,000 sale. The Edgemoor in Bethesda was in third place with a $1,675,000 closing. The Watergate in Foggy Bottom chimed in with a $1,650,000 sale to earn fourth place. Tied with $1,575,000 sales were Lionsgate in Bethesda and Somerset House in Friendship Heights.
Highest Sales Prices — September 2016 |
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$2,375,000.00 |
Turnberry Tower |
Arlington |
$1,775,000.00 |
Ten Ten Mass |
Mount Vernon Triangle |
$1,675,000.00 |
The Edgemoor |
Bethesda |
$1,650,000.00 |
The Watergate |
Foggy Bottom |
$1,575,000.00 |
Lionsgate |
Bethesda |
$1,575,000.00 |
Somerset House |
Friendship Heights |
Highest List-To-Sales Ratio — the Clara Barton in Penn Quarter
The 2-bedroom, 2-bath unit 1214 at the Clara Barton in Penn Quarter was listed for $719,900. When the bidding war ended, the closing price was $760,000 — 105.57% over the asking price. Other leaders included three buildings in Mount Vernon Triangle— City Vista, Yale Steam Laundry, and The Whitman; The Watergate in Foggy Bottom and The Pennsylvania in Penn Quarter.
Highest List-To-Sales Ratio — September 2016 |
||
105.57% |
Clara Barton |
Penn Quarter |
103.09% |
City Vista |
Mount Vernon Triangle |
102.79% |
Yale Steam Laundry |
Mount Vernon Triangle |
100.42% |
The Whitman |
Mount Vernon Triangle |
100.38% |
The Watergate |
Foggy Bottom |
100.02% |
The Pennsylvania |
Penn Quarter |
Highest $ Per Square Foot — Penn Quarter’s Residences At Market Square
PH18 at Residences at Market Square in Penn Quarter, a 945 square foot dazzling one-bedroom, commanded $1,055.56 per SF. Other price-per-square foot leaders included 22 West in West End, City Center in Mount Vernon Triangle, Turnberry Tower in Arlington, Metropole in Logan Circle, and Ten Ten Mass in Mount Vernon Triangle.
Highest $ Per SF — September 2016 |
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$1,055.56 |
Residences at Market Square |
Penn Quarter |
$1,036.03 |
22 West |
West End |
$998.42 |
City Center |
Mount Vernon Triangle |
$924.12 |
Turnberry Tower |
Arlington |
$911.74 |
Metropole |
Logan Circle |
$881.77 |
Ten Ten Mass |
Mount Vernon Triangle |
The Top New Listing?Ritz-Carlton West End
At The Ritz-Carlton West End, a 5100 square foot true penthouse with three bedrooms, five full and one-half baths, was listed for $7,695,000. Other eye-popping new listings included 2501 Pennsylvania in West End and The Lauren in Bethesda.
Highest Price New Listings — September 2016 |
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$7,695,000 |
Ritz-Carlton West End |
West End |
$6,950,000 |
2501 Pennsylvania |
West End |
$3,995,000 |
The Lauren |
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. Make sure you have every advantage possible working in your favor.