Market Leaders | Highest Prices Per Square Foot | July 2020

The highest price per square foot honors in July goes to Unit #1501 at the perennially popular Watergate cooperatives in Foggy Bottom. The renovated duplex penthouse with two bedrooms, two baths and a 1,661 square foot layout sold for full price at $2,250,000, equaling $1,354.61 per square foot. This was also the second-highest condo/co-op sale in the DC area in July. The two-bedroom, two-bath residence has been totally renovated, and features herringbone floors, a modern open marble kitchen, marble baths with frameless showers, and an incredible spiral stairway leading up to a lounge with wet bar and a private roof deck with river views! Second place goes to Unit #1001 at the VIO, located at PN Hoffman’s new Wharf redevelopment along the Southwest Waterfront. The one-bedroom, one-bath flat has a 720 square foot floorplan, and sold at the full price of $825,000. That translates to $1,145.83 per square foot. Among the many features in this modern apartment are huge windows and a private balcony, affording unfettered views of the Washington Channel and boat slips.

Next up is Unit #204 at 2501M in the West End neighborhood. The two-bedroom, two-bath apartment with 1,207 square feet of space sold for $1,275,000, equaling $1,056.34 per square foot. The stylish residence was also the fourth-highest sale for the month. In fourth place is Unit #2204 at Turnberry Tower in Rosslyn’s waterfront neighborhood. The two-bedroom, 3.5-bath apartment with 2,650 square feet of space sold to $2,650,000, equaling an even $1,000 per sq. ft. The elegant condo with its private elevator, large balcony and views of the Potomac River, was also the highest sales price for condos and co-ops in July.

Fifth place goes to Unit #709 at Metropole in Logan Circle. The rare one-bedroom penthouse with 817 square feet of space closed at $795,000, or $973.07 per sq. foot. Trendy industrial finishes include concrete ceilings, exposed ductwork, a minimalist modern kitchen set into a single wall, and floating iron spiral stairs leading up to a landing and a 350 square foot private roof deck! Closing out the list is Unit #22 at the highly modern Westlight with its cantilevered glass façade, located in the West End. The two-bedroom, two-bath flat has a 1,486 square foot design and sold for $1,400,000. It was the third-highest sale for the month and the sixth-highest in the measurement category at $969.04 per square foot. With natural oak wide-plank floors, a private balcony and an open white-on-white kitchen with recessed appliances, this apartment exudes contemporary style.

To see all the hottest building and category winners in July 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.

Leave a Reply

Your email address will not be published. Required fields are marked *