Market Leaders | Highest Sales Price to List Ratio | March 2023

Garnering top honors in the list to sales price ratio for March is Unit #233 at The Columbia in Washington’s West End neighborhood. The one-bedroom flat with a bonus den and one bath, listed for $500,000 and was bid up to $550,000 in just three days on the market, resulting in a sale at 110 percent of asking. The handsome apartment has an open kitchen, plantation shutters, and a private balcony. Second place goes to Unit #4B-W at St. Nicholas in Kalorama. The one-bedroom apartment with two full baths, a wood-burning fireplace and a spacious 1,334 square foot layout listed for $800,000 before selling for $850,000 or 106.25 percent of the original price. Notably, this was the first closing at the historic Beaux-Arts building since October 2021.

Coming in third was Unit #217 at Lofts 14 in Logan Circle. The loft-style condo with one bedroom, two baths, and an incredible 770 square foot private terrace was offered at $899,000 before selling for $950,000 or 105.67 percent. The residence also captured third place in the price per square foot category at $1,000. Unit #309 at The Wyoming in Kalorama nabs fourth place, listing for $535,000 and selling for $565,000 (106.61 percent). The two-bedroom apartment is at one of Washington’s “Best Addresses” with a stunning lobby, rooftop deck and gardens.

Fifth place goes to Unit #502 at The Edgemoor in Bethesda. The two-bedroom, 2.5-bath residence with a 2,384 square foot floorplan sold for $1,485,000 after listing for $1,450,000. That equals 102.41 percent of asking for the elegant condo with a bonus den. It’s a return to Kalorama to close out this list, with Unit #55M at 2029 Connecticut selling for $1.5 million. That’s 100.33 percent of the original price of $1,495,000. The lovely two-bedroom apartment with two baths and 1,900 square feet of living space features soaring ceilings, exquisite architectural details, and an updated gourmet kitchen.

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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