Market Leaders | Highest Prices Per Square Foot | February 2022

February’s highest price per square foot honors goes to the same eye-popping penthouse that captured the highest sales price. Unit #PH2C at the Ritz-Carlton at the Georgetown location has an extremely spacious 5,503 sq. ft. layout spread out over two stories. The three-bedroom, 3.5-bath residence also has a large private rooftop deck with amazing Potomac River views. The sky-high closing price of $11 million translates to $1,998.81 per square foot. Second place goes to Unit #715 at CityCenterDC in Mount Vernon Triangle. The two-bedroom, two-bath flat with 1,557 sq. ft. of living space as well as a terraced deck, sold for $2,000,000 or $1,467.77 per square foot. It was also the sixth highest sales price.

The third highest price per square foot as well as the fourth-highest sales price goes to an apartment at the new Pierce ultra-luxury condo community in Arlington’s Rosslyn neighborhood. The two-bedroom penthouse without an identifying apartment number, was on the market for 0 days as a presale, closing at $2,848,000 which translates to $1,244.21 per square foot. Fourth place in the price per size category (as well as the second highest condo sale) goes to Unit #PH-C at Wardman Tower in Woodley Park. The three-bedroom, 3.5-bath penthouse with 4,532 square feet of interior space sold for $5,500,000, or $1,213.59 per square foot. The stunning penthouse at the iconic address features six-inch oak herringbone floors, a library, a den, three bedroom suites, a private roof deck and a beautiful kitchen with Henrybuilt cabinetry, Thermador appliances, and a Danby Royal marble backsplash.

In fifth place is Unit #51 at the very modern Westlight building in Washington’s West End neighborhood. The two-bedroom, two-bath apartment with 1,542 square feet of light-filled living space, sold for $1,765,000, or $1,144.62 per square foot. Taking sixth place in both the price per square foot and the list-to-sales categories is Unit #506 at 2501 M in the West End. The stylish two-bedroom, two-bath flat with 1,096 sq. ft. of space and gleaming hardwood floors, closed at $1,250,000, equaling $1,1401.51 per square foot, and 102.04 percent of asking.

To see all the hottest building and category winners in February 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.

Leave a Reply

Your email address will not be published.