In October, all the stats leading the DC Luxury Condo Market featured our proprietary Life At The Top “It” Buildings. Plus Dumbarton Place in Dupont Circle had its first sale in 12 months, and The Weslie in Arlington recorded its first sale in 26 months.
555 Mass and Atrium Led The Way With Most Units Sold.
555 Mass in Mount Vernon Triangle sold four units, all at full list price. In Arlington, Atrium also sold four units. Matrix in Logan Circle sold three units, all above asking price. The Floridian in U Street Corridor recorded three sales as well.
Most Units Sold — October 2016 |
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4 |
555 Mass |
Mount Vernon Triangle |
Atrium |
Arlington |
|
3 |
Matrix |
Logan Circle |
Floridian |
U Street Corridor |
|
2 |
Waterview |
Arlington |
Turnberry Tower |
Arlington |
Great Buildings Commanded Highest Prices in Virginia, DC and Maryland
In Arlington, our own listing at Wooster W306 brought in the Highest Sales Price at $1,525,000 for a 3-bedroom, 3-bath condo on 2 levels. At Shoreham West in Woodley Park, the beautiful 2-bedroom unit 217 set the second highest sale price at $1,400,000. In Logan, the sleek Q14 building’s unit 303 captured $1,171,000 for a 2-bedroom 2.5 bath condo.
Highest Sales Prices — October 2016 |
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$1,525,000 |
Wooster and Mercer Lofts |
Arlington |
$1,400,000 |
Shoreham West |
Woodley Park |
$1,171,000 |
Q 14 |
Logan Circle |
$1,050,000 |
Lionsgate |
Bethesda |
$920,000 |
Union Row |
U Street Corridor |
$885,000 |
Ten Ten Mass |
Mount Vernon Triangle |
Q14 — Tops For Highest List-To-Sales Ratio in October
Listed for $1,155,900, unit 303 sold for $1,171,000 — that’s 106.42% over the Ask.
Highest List-To-Sales Ratio — October 2016 |
||
106.42% |
Q 14 |
Logan Circle |
103.63% |
City Vista |
Mount Vernon Triangle |
103.27% |
Yale Steam Laundry |
Mount Vernon Triangle |
102.59% |
Matrix |
Logan Circle |
101.89% |
Logan Station |
Logan Circle |
101.14% |
Ten Ten Mass |
Mount Vernon Triangle |
Highest Price Per Square Foot? It’s The Waterview
Across the Potomac, The Waterview in Arlington closed at $830 per square foot for the magnificent 1-bedroom condo #2109.
Highest $ Per SF — October 2016 |
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$830 |
Waterview |
Arlington |
$829 |
Matrix |
Logan Circle |
$825 |
Union Row |
U Street Corridor |
$820 |
City Center |
Mount Vernon Triangle |
$770 |
Q 14 |
Logan Circle |
$756 |
Logan Station |
Logan Circle |
The Top New Listing? Westlight!
West End was the scene of the highest price new listing in October: an amazing Westlight 3-bedroom, 3-bath unit is a one-of-kind floor plan listed for $3,185,000. Hurry to see this breathtaking new building and all the residences within!
Highest Price New Listings — October 2016 |
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$3,185,000 |
Westlight |
West End |
$2,850,000 |
Ritz-Carlton West End |
West End |
$2,750,000 |
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.