Market Leaders | Most Units Sold | March 2021

Sales activity was strong in March, evidenced by five closings at Union Row in Washington’s trendy U Street Corridor. This popular complex is made up of two buildings at one address; The Flats and The Warehouses. Among the five sales in March is Unit #326W; a three-bedroom, 2.5-bath warehouse dwelling that listed for $1,235,000 and closed at $1,155,000. There are over $125,000 in upgrades in the stunning open chef’s kitchen and in the baths. Ultra-wide plank floors run throughout, with exposed ductwork, metal stairways and a large private terrace. With 1,419 square feet of living space over three levels, this was the fifth-highest price per square foot in March at $813.95. There were four closings at City Vista in Mount Vernon Triangle. There are three buildings in this full-service, mixed-used complex, with an incredible range of amenities. Residents get to enjoy a rooftop pool, their own private one-acre park and an Urban Safeway, among other onsite conveniences.

Three buildings had three sales each in March; Residences at Market Square in Penn Quarter, Atrium in Arlington’s Rosslyn neighborhood, and Gallery Place in Chinatown. Of this trio, the Residences at Market Square had another sales standout with Unit #1027. Somebody certainly wanted this quintessential pied-a-terre. The one-bedroom, one-bath flat with a 718 square foot open layout and a surprisingly large private terrace overlooking Pennsylvania Avenue, listed for $589,000 and sold for $595,000. That makes it the fourth-highest list to sales ratio in March at 101.02 percent of asking.

There were no fewer than seven buildings with two closings each in March; Shoreham West in Woodley Park, Lionsgate in Bethesda, City Overlook in the U Street Corridor, Clara Barton in Penn Quarter, Carthage in Kalorama, 2501 M in the West End, Madrigal Lofts in Mount Vernon Triangle and Northumberland in Dupont Circle. Several of these are standouts in additional respects. Unit #184 at the mid-century modern Shoreham West claimed the second-highest sales price for the month at $1,840,000. The ultra-spacious 2,700 square foot apartment has two bedrooms, a study and 2.5 baths. Other highlights include a beautifully renovated kitchen and an extra-large sunny terrace. Unit #1203 at Lionsgate is the fifth-highest sale at $1,485,000. The chic corner apartment has two bedrooms, 2.5 baths, a den and 1,973 square feet of space. Unit #16 at City Overlook is a super hip loft-style penthouse with one bedroom, one extraordinarily cool bath and spiral iron stairs leading up to a loft space and a private roof deck. The 1,096 square foot pad listed for $799,000 and sold for $832,500, making it the third-highest list-to-sales ratio for the month at 104.19 percent. The building’s two sales were its first since August 2019. Also notable in March is Unit #7C at Carthage, the first sale at the iconic triangular building since September 12, 2019. The two-bedroom, 2.5-bath apartment with its private balcony and unobstructed views closed at $965,000.

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

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