Condos at the Flour Mill in Georgetown don’t come to market often. But Unit #506 is an exception, popping up on June 10 and going under contract just three days later. The two-bedroom, 2.5-bath residence closed the same month at $1,325,000. That’s $175,000 over the original asking price of $1,150,000, for a whopping 115.22 percent […]
Tag Archives: The Dresden
Market Leaders | Most Units Sold | December 2019
There are three buildings in the Washington area that had three sales each in December. Somerset House in Friendship Heights is known for its high-end, spacious residences. Unit #1002 at the luxurious gated community is the second-highest sale of the month at $3,005,000. The 3-bedroom, 3.5-bath apartment with marble foyer, country-style chef’s kitchen and wraparound […]
Market Leaders | Highest Sales Price to List Ratio | May 2019
The building with the highest sales-to-list ratio in May was City Vista in DC’s super-popular Mount Vernon community where Unit #415 listed for $899,000 but closed for $982,500—a whopping 109.29% of the asking price! The 3-bedroom, 2.5-bath apartment has gleaming hardwoods, contemporary kitchen, floor-to-ceiling windows, a giant master bath and a balcony. Coming in a […]
Market Leaders | Highest Sales Price/List Price Ratio | January 2019
The highest sales price-to-list ratio for January belonged to Unit #4 at 2101 at 2101 Connecticut in Kalorama. The impeccably renovated apartment in the historic Beaux-Arts building has 3 bedrooms, 3.5 baths, a formal dining room, and office. It closed at $1,450,000, a full $100,000 over its asking price of $1,350,000 (107.41%). Coming in second […]
Market Leaders | Most Units Sold | October, 2017
Most Units Sold Five buildings sold three condos each including three in Mount Vernon Triangle — City Center, Madrigal Lofts and Yale Steam Laundry, plus one each in Odyssey in Arlington and Union Row in the U Street Corridor. Buildings with sales of two condos each included Clara Barton, The Artisan and The Lafayette in Penn Quarter, […]
There Were Fireworks Everywhere In The DC Luxury Condo Market in July!
In July, our proprietary Life At The Top “It” Buildings were prominent in all the stats leading the DC Luxury Condo Market. Meanwhile Dumbarton Place in Dupont Circle marked its first sale in a year, and The Weslie in Arlington captured its first in 26 months. Two Newcomers Reached The Top Positions For Most Units […]
The DC Luxury Penthouse Market Gave Plenty To Be Thankful for In November!
Thanksgiving came to DC Penthouse buyers and sellers with some noteworthy properties changing hands. A Ritz-Carlton West End 3-Bedroom Topped The List At $2,160,000! At Ritz-Carlton West End, Unit 8A sold for $2,160,000 — it’s a 3-bedroom, 3.5-bath breathtaker with 2,850 sq. ft. That Grand Dame in Kalorama, The Dresden, commanded full price on a 4-bedroom, […]
Market Update: Kalorama
Kalorama means beautiful view in Greek and lives up to its name everywhere with stunning beaux-arts architecture and old-world appeal. Tree-lined streets are lined with architecturally significant free-standing and attached houses and a host of grand condominium and co-op buildings including The Dresden, 2101 and 2029 Connecticut, The St. Nicholas, The Wyoming, the Altimont and The Carthage. So far in 2014, […]