Market Leaders | Highest Sales Prices | March 2023

Taking top honors in the highest sales category, as well as the price per square foot, is Unit #901 at the brand new Amaris in Washington’s Southwest Waterfront. The 3,430 sq. ft. residence with three bedrooms 4.5 baths sold for a stunning $6,552,500 which equals $1,910.35 per square foot. Amaris is perched right at The Wharf with incredible views of the Washington Channel and the Potomac River. This apartment hit the market with no public fanfare or photos, selling quietly and discretely but certainly causing some ripples with its price. Second place goes to a residence that would have topped the charts most other months of the year. Unit #PH3E at the full service Ritz-Carlton West End closed at $5,000,000. The spectacular penthouse has over 5,100 square feet of living space spread out over two levels, along with an incredible private roof deck that adds even more room for entertainment. Other features include three bedrooms, 5.5 baths, a private gym, and loft space.

Unit #PH2B was the first sale at 2501 Penn in Mount Vernon since November 2021, and the closing price of $4,450,000 more than made up for the lengthy drought. The 4,500 square foot penthouse with three bedrooms and 3.5 baths also had the fourth-highest price per square foot at $988.89. With an interior design by Barry Dixon, the ultra-tasteful two-level residence features coffered ceilings, a sweeping staircase, and a paneled library with fireplace. Second place went to Unit #2625 at the Waterview in Rosslyn. The three-bedroom penthouse with 2,165 sq. feet of living space and stunning views of the Potomac River sold for $2,695,000, and also earned top honors in the price per square foot contest at $1,212,47.

The third-highest sale was Unit #PH 18-D at Somerset House in Chevy Chase with a closing price of $2,250,000. The 2,770 square foot penthouse apartment has two bedrooms, 2.5 baths, a formal dining room, a library with built-ins, a laundry room, and an incredibly long balcony. Next is Unit #523 at The Signet in McLean. The two-bedroom, 2.5-bath residence with 2,552 square feet of living space, an open gourmet kitchen, and a two-sided fireplace, sold for $1,999,000.

Fifth place goes to Unit #1205-S at the Watergate in Foggy Bottom. The remodeled cooperative apartment with a spacious and modern 3,340 square foot layout sold for $1,950,000. There are three bedrooms, 3.5 baths, an 85-foot long balcony and the added bonus of a 1,347 square foot roof deck. Sixth place goes to Unit #41 at Rainbow Lofts in Logan Circle. The one-of-a-kind penthouse at the former Rainbow Auto Body & Painting Company building on Church Street sold for $1,750,000. With two bedrooms, two baths, two private balconies and 1,887 square feet of industrial chic living space, the residence is a true showcase with exposed brick walls, soaring ceilings, overhead ductwork, and enormous window walls that extend into skylights. Sliding glass doors open out to a 337 square foot private terrace with fire feature.

To see all the hottest building and category winners in March 2023 visit our DC Penthouse and Luxury Condo Marketing Activity Report.

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