Market Leaders | Highest Sales Price to List Ratio | May 2019

The building with the highest sales-to-list ratio in May was City Vista in DC’s super-popular Mount Vernon community where Unit #415 listed for $899,000 but closed for $982,500—a whopping 109.29% of the asking price! The 3-bedroom, 2.5-bath apartment has gleaming hardwoods, contemporary kitchen, floor-to-ceiling windows, a giant master bath and a balcony.

Coming in a very solid second was Unit #1 at The Dresden in Kalorama. Built in 1910, this is one of Washington’s Best Addresses with an incredible curvilinear design. The 2-bedroom, 2-bath apartment with inlaid wood floors and charming built-ins listed for $699,000 and sold for $750,000 which is $56,000 or 107.30% over the asking price. In third place is Unit #301 at The Sonata in Downtown DC’s Mount Vernon/Chinatown area. The 2-bedroom, 2-bath industrial-chic flat with its concrete ceilings and exposed ductwork was priced at $625,000 but sold for $645,000—103.20% over list.

Unit #825 at The Atrium in Rosslyn is a renovated 1-bedroom flat with wide-plank floors, giant windows, balcony and new kitchen and bath. After hitting the market at $395,000, the cute condo closed at $405,000 (102.53%). Fifth place goes to Unit #306 at Yale Steam Laundry in Mount Vernon. The chic 1-bedroom, 1.5-bath open flat in the former laundry facility has factory-style windows and French doors to a cool terrace. It listed for $454,900 and sold for $460,323 or 102.02%.

Next on the list is Unit #201 at Logan Station in Logan Circle. The 2-bedroom, 2-bath apartment with an open floorplan and gourmet kitchen listed for $774,900 and closed for $790,000 or 101.95%. Our final entry is Unit #702 at Somerset House in Friendship Heights. The spacious 2-bedroom, 2.5-bath apartment with bays, bonus rooms, marble baths and a large terrace listed for $1,825,000 and closed at $1,860,000, or 102.92%.

To see all the hottest building and category winners in May visit our DC Penthouse and Luxury Condo Marketing Activity Report.

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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