Monthly Market Leaders

December 2013 Update

December 2013 Update

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While temperatures were dropping, sales were rising throughout the DC Luxury Condo Market! Here's a quick recap of December 2013's DC condo and penthouse real estate sales. For in-depth analysis of the month's activity, read our blog.


Most Units Sold

Watergate led the way with 3 units sold. Six buildings sold 2 each including City Vista, Madrigal Lofts, Ritz West End, Somerset House, The Artisan and Yale Steam Laundry.


Highest Sales Prices

The Ritz-Carlton Georgetown, Somerset House and 2501 Pennsylvania combined for over $13 million. Then came the Ritz-Carlton West End, Memorial Overlook and St. Nicholas.


Highest Sales Price to List Ratio

Talk about paying top dollar! City Vista, Metropole, Somerset House, The Sonata, Madrigal Lofts and Matrix found buyers anxious to pay above list prices!


Highest Prices Per Square Foot

Ritz-Carlton Georgetown, Somerset House and 2501 Pennsylvania also returned the most money for square footage. Metropole, The Residences at Market Square and Matrix completed the group.


Highest Price New Listings

Properties at Turnberry Tower, The Ritz-Carlton West End and The Watergate topped the newcomer lists in December. The Ritz-Carlton West End is already under contract.


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