March ushered in strong bidding action in the nation’s capital. Leading the way in the highest list price to sales ratio was Unit #704 at The Floridian in the U Street Corridor. The two-bedroom, two-bath condo with its gleaming blonde floors and overhead ductwork, listed for $574,000 and sold for $620,000, translating to 108.01 percent of asking. That’s a big markup for an attractive urban dwelling that’s right next-door to Whole Foods. Coming in a very close second is Unit #809 at Solo Piazza in Logan Circle. The one-bedroom, one-bath apartment with its intriguing room shapes packs a lot into 673 square feet of space. You’ve got the open upscale kitchen, giant windows and a private balcony overlooking the city, all for $538,100, representing 107.64 percent of the original $499,900 asking price.
Third place goes to Unit #16 at City Overlook in the U Street Corridor. The loft-style penthouse with one bedroom and one bath listed for $799,000 and sold for $832,500 or 104.91 percent. With spiral iron stairs leading up to bonus space plus a private roof deck overlooking the city, it’s no wonder this unit received so much interest. Fourth place goes to Unit #1027 at the Residences at Market Square in Penn Quarter. The one-bedroom, one-bath apartment with a 718 square foot floorplan listed for $589,000 and closed at $595,000 or 101.02 percent of asking. Bonus points for the oversized tiled terrace with excellent views of the DC cityscape.
In fifth place is Unit #662 at Clara Barton in Penn Quarter. The building is a delight with every conceivable amenity and hotel-style service. The one-bedroom, one-bath condo with 822 square feet of space is equally attractive, with an open gourmet kitchen, a dedicated workspace, a Google Home Hub that interfaces with a host of smart features, and a balcony to boot. After listing for $500K, the nifty apartment closed exactly $5K over asking at $505,000 (101.00 percent). Our final entry on this list is Unit #401 at Sonata in Mount Vernon Triangle, next-door to Chinatown. The full service building is surrounded by shops, restaurants and a vibrant art scene, and a short stroll from multiple Metro stations. The two-bedroom, two-bath loft sold for $671,000, or 101.90 percent of its $665,000 list price. Stepping inside, the height of industrial chic is revealed with soaring concrete ceilings, giant window walls, blonde hardwood floors and a huge open living/dining/cooking area. The master bedroom suite is on the main level, with a second loft-style bedroom and bath a few steps up from the kitchen. What a fun place to explore!
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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