Market Leaders | Highest Sales Price to List Ratio | March 2021

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.

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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