Market Leaders | Highest Prices Per Square Foot | August 2020

The highest price per square foot honors in August goes to Unit #404/405 at the legendary Watergate in Foggy Bottom. The supersized 3,960 square foot apartment brought in $1,063.52 per square foot. The sales price of $3.7 million was also the highest for a condominium or cooperative in the DC Metro region for the month. The residence was redesigned by Outerbridge Horsey, with three bedrooms, 3.5 baths, a giant Chef’s kitchen and a sweeping 200-foot balcony offering views of the Potomac River and the Georgetown Waterfront Park. In second place is Unit #906 at The Weslie in Arlington’s Rosslyn neighborhood. The 2,064 square foot two-level penthouse sold for $1,950,000, or $944.77 per square foot. With three bedrooms, 2.5 baths, towering built-ins and Brazilian Cherry floors throughout, this impressive residence also boasts a magnificent spiral staircase and a large private terrace offering views of the Arlington War Memorial and the Potomac River beyond. It was also the third-highest sales price for the month.

Third place goes to Unit #601 at Cooper Lewis in Logan Circle. The loft penthouse with two bedrooms, two baths and 1,480 square feet of living space sold for $1,385,000 (sixth-highest for the month), translating to $935.81 per sq. ft. This was the first sale in the coveted building since December 2018. In fourth is Unit #704 at the very modern VIO, perched on The Wharf in the Southwest Waterfront. The two-bedroom, two-bath flat with 1,130 square feet of space sold for $1,045,000, or $924.78 per square foot. Pale hardwoods, an open gourmet kitchen and a balcony with views of the Washington Channel add to the allure.

Fifth place honors go to Unit #720 at The Whitman in the Mount Vernon Triangle. With a closing price of $1,375,000, the two-bedroom, 2.5-bath apartment has a 1,585 sq. ft. layout, equaling $867.51 per square foot. It was also the third-highest list-to-sales ratio for August for this stylish pad with its incredible brushed steel diner-style kitchen. Closing out the Top 6 is Unit #62 at 2101 Connecticut in Kalorama. The lovely cooperative apartment with its very spacious 3,200 square foot floorplan, sold for $2,750,000, or $859.38 per square foot. The three-bedroom, 2.5 bath residence with its Old World charm, was also the second-highest sales price in August!

To see all the hottest building and category winners in August 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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