May Brought New Life to the DC Luxury Condo Market

The Watergate Lead The Ranks in May with Six Sales

Many “It Buildings” were represented in our category of Most Units Sold. Atop the list  with six properties sold at The Watergate in Foggy Bottom, Unit 212S captured $1,322,500 for 3 bedrooms and 3.5 baths in 2,085 SF.  Somerset House in Friendship Heights placed second with four sales including a 2 bedroom and 2.5 bath stunner closing at $2,090,000. Third place with three units sold included City Vista, The Whitman and Yale Steam Laundry, all in Mount Vernon Triangle, as well as Lionsgate in Bethesda and Odyssey in Arlington.

Most Units Sold — May 2017

6

The Watergate

Foggy Bottom

4

Somerset House

Friendship Heights

3

City Vista

Mount Vernon Triangle

Lionsgate

Bethesda

Odyssey

Arlington

The Whitman

Mount Vernon Triangle

Yale Steam Laundry

Mount Vernon Triangle

2

3303 Water Street

Georgetown

555 Mass

Mount Vernon Triangle

Hampden Row

Bethesda

Logan Station

Logan Circle

Metropole

Logan Circle

Ritz-Carlton West End

West End

The Columbia

West End

Waterview

Arlington

Turnberry Tower

Arlington

Woodley Wardman

Woodley Park

A Rare 3303 Water Street Penthouse Topped All Sales

In a building where corner properties are rarely available, Unit 8F at 3303 Water Street in Georgetown is an amazing two-story true penthouse. The 4,000+ SF condo with 3 bedrooms and 3.5 baths captured $6,500,000 at closing. Paired with a 1-bedroom condo at 3303, the two sales were first at 3303 since May 2016.

Another Georgetown condo building, Washington Harbour, ranked second in sales with a $2,500,000 deal for a 3 bedroom, 3 bath condo.

Nearby in West End, a Ritz-Carlton West End 3-bedroom 3 bath condo grabbed third highest sale price for May — $2,362,500.

Highest Sales Prices — May 2017

$6,500,000

3303 Water Street

Georgetown

$2,500,000

Washington Harbour

Georgetown

$2,362,500

Ritz-Carlton West End

West End

$2,090,000

Somerset House

Friendship Heights

$1,889,990

Hampden Row

Bethesda

$1,800,000

Lionsgate

Bethesda

Hampden Row — Tops For Highest List-To-Sales Ratio

Unit 309 at Hampden Row in Bethesda was listed $534,990 and sold for $609,990. The  1-bedroom 1-bath condo started a fight that turned a profit 114.02 over list.

Highest List-To-Sales Ratio — May 2017

114.02%

Hampden Row

Bethesda

109.51%

City Vista

Mount Vernon Triangle

105.32%

Yale Steam Laundry

Mount Vernon Triangle

104.62%

555 Mass

Mount Vernon Triangle

103.15%

Metropole

Logan Circle

102.90%

Clara Barton

Penn Quarter

Once Again, 3303 Water Street Earned Highest $ Per Square Foot

The 4,003 lavish square feet of Penthouse 8F at 3303 Water Street on the canal in Georgetown went for an amazing $1,623.78 per square foot.  There was no cutting corners when condo was designed by award-winning architect, Richard Williams.

Highest $ Per SF — May 2017

$1,623.78

3303 Water Street

Georgetown

$1,013.40

Hampden Row

Bethesda

$943.40

Washington Harbour

Georgetown

$931.82

The Columbia

West End

$835

Somerset House

Friendship Heights

$830.40

Ritz-Carlton West End

West End

The Lauren Topped The New Listings. Twice

Lauren Luxury residential homes comes in two amazing floor plans.  Listed at $4,350,000, Unit 604 offers 3 bedrooms, 5 baths and 3,541 sq ft. Unit 603 is listed at $3,950,000 and includes 3 bedrooms, 4 baths and 3,381 sq ft.

Highest Price New Listings — May 2017

$4,350,000

The Lauren

Bethesda

$3,950,000

The Lauren

Bethesda

$3,550,000

Ritz-Carlton West End

West End

$3,250,000

The Watergate

Foggy Bottom

$3,099,900

Elysium Logan

Logan Circle

$2,995,000

Somerset House

Friendship Heights

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.

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