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.
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.