Sales activity was robust in February, evidenced by five closings at The Odyssey in Arlington’s Rosslyn neighborhood. The building’s Unit #923 checks off an additional box as the fourth highest list-to-sales ratio for the month. The two-bedroom, one-bath flat listed for $509,900 and sold for $520,000 (101.98 percent). The apartment enjoys glorious views of Arlington and DC from its private balcony, and is also substantially renovated with new hardwood floors throughout plus kitchen and bath upgrades. Union Row in the trendy U Street Corridor continues the streak of strong activity with four sales in February. The complex features two buildings; The Flats and The Warehouses. The four transactions ran the gamut of shapes and sizes. There was a studio with one bath; a one-bedroom with one bath; a two-bedroom with one bath and a two-bedroom with two baths! With square footage ranging from 542 to 1,076 and closing prices from $399,000 to $775,000, this popular address had something for everyone.
There were two buildings with three sales each; City Vista and Madrigal LoftsM, both in the Mount Vernon Triangle. Unit #204 at City Vista with its two bedrooms, two baths and upgrades throughout enjoyed the fifth highest list-to-sales ratio, closing at $650,000 or 100.78 percent of asking. The three sales at Madrigal were modest in size, from 479 to 720 square feet with closing prices from $360,000 to $479,900. But the soaring ceilings, exposed ductwork and loft bedrooms make each a highly attractive purchase. There were no fewer than eight buildings with two sales each! One of the two sales at Somerset House in Friendship Heights also holds the distinction of the highest sales price for the month. Unit #702, an exquisitely appointed three-bedroom, 3.5-bath apartment with 3,399 square feet of living space, listed for $3,195,000 and closed at $3,050,000. Featured in Architectural Digest, the residence has tray ceilings, quarter-sewn wood floors and two private balconies. Of the sales at Northumberland in Dupont Circle, Unit #510 with its original parquet floors could use some TLC. But it was priced to move at $332,500 and closed at $340,000, representing 102.26 percent of asking for the month’s third highest list-to-sales ratio.
Unit #1015 at The Artisan in Penn Quarter was one of two sales at the boutique building, and with two bedrooms and two baths, closed at $777,000, representing 100.78 percent of list. The other buildings with two sales each were 2020 Lofts in the U Street Corridor, Metropole in Logan Circle, Lafayette in Penn Quarter, the iconic Watergate in Foggy Bottom and the in-demand Wooster and Mercer in Rosslyn. Also notable is the sale of Unit #204 at The Beauregard in the U Street Corridor. This was the building’s first sale since April 26, 2019! The three-bedroom, two bath former model unit with its gleaming blonde floors and open gourmet kitchen closed at $870,000.
To see all the hottest building and category winners in February visit our DC Penthouse and Luxury Condo Marketing Activity Report.
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