Leading the charge of highest priced new listings in the new calendar year is a lavish penthouse at the new Gaslight District in Logan Circle. Offered at $5,500,000, the five-bedroom, five-bath residence boasts 4,375 square feet of modern living space. The unique development merges a Victorian rowhouse and two historic carriage houses built in 1872, […]
Category Archives: DC Market Stats
Market Leaders | Highest Prices Per Square Foot | January 2023
Capturing first place in January’s highest price per square foot category, Unit #PH3A at the Ritz-Carlton West End also nabs the highest sales price for a condo or cooperative. The two-level, 3,250 square foot corner penthouse in the West End neighborhood closed at $3,950,000, equaling $1,215.38 per square foot. Dramatic floating glass stairs lead to […]
Market Leaders | Highest Sales Price to List Ratio | January 2023
Taking top honors in the highest list price to sales ratio for January 2023 is Unit #804 at Madrigal Lofts in Mount Vernon Triangle. The two-bedroom, two-bath residence with its exposed brick walls, overhead ductwork, private balcony, and 937 square feet of living space listed for $625,000 before selling for $637,500 or 102.00 percent of […]
Market Leaders | Highest Sales Prices | January 2023
January ushered in an impressive list of lofty sales prices, topped by Unit #PH3A at the full service Ritz-Carlton West End. The 3,250 square foot corner penthouse duplex sold for $3,950,000, also capturing the highest price per square foot at a stout $1,215.38. In addition to the roomy interior, this incredible West End residence adds […]
Market Leaders | Most Units Sold | January 2023
Turnberry Tower in Rosslyn led the way in January with four sales. Of those, Unit #1601 was the sixth-highest transaction for January, closing at $1,350,000. The 1,754 square foot apartment has two bedrooms, two baths, a private elevator, and a sweeping balcony. Unit #1106 is another standout, with a tie for fourth place in the […]
Market Leaders | Highest Priced New Listings | December 2022
The year ended with a flurry of new upper level market activity. The highest priced new listing is Unit #717 at 2501 M in the West End neighborhood. Offered at $4,500,000, the two-bedroom, 3.5-bath penthouse duplex is the result of combining two residences over two levels. With a 3,500 square foot floorplan, in-unit elevator, library, […]
Market Leaders | Highest Prices Per Square Foot | December 2022
Winner of the highest price per square foot category for December is Unit #5K at a highly coveted address, 3303 Water Street in Georgetown. The one-bedroom, one-bath residence with 900 square feet of living space sold for $1,050,000, translating to a very sturdy $1,166.67 per square foot. The building is right near the new Georgetown […]
Market Leaders | Highest Sales Price to List Ratio | December 2022
Topping the charts in December’s list to sales category is Unit #12 at Rainbow Lofts in Logan Circle. This one-bedroom, one-bath residence with 783 square feet of living space listed for $599,995 and closed at $631,800 for a whopping 105.30 percent of list. Exposed brick walls, overhead ductwork, a high-end kitchen, and sliding metal grill […]
Market Leaders | Highest Sales Prices | December 2022
Taking top honors in the highest sales price category for December is Unit #106 at Washington Harbour in Georgetown. The 4,200 square foot residence in one of Washington’s premiere addresses sold for $4,025,000. It has also the sixth highest price per square foot at $958.33. Luxury abounds in this exquisite penthouse with its travertine floors, […]
Market Leaders | Most Units Sold | December 2022
Once again, the legendary Watergate in Foggy Bottom led the way with the number of sales, this time a whopping six in all. Among the closings at the mid-century modern cooperative complex are multiple standouts in additional categories. Unit #502 with four bedrooms, 3.5 baths and river views claimed the second highest sale for the […]