Monthly Market Leaders

March 2015 Update

March 2015 Update

Discover the top performers for March sales in four key categories. Be sure to read our blog every month for the latest news in the DC Luxury Condo Market.

Most Units Sold

Five buildings reported two sales each in March: Clara Barton in Penn Quarter, The Flats at Union Row in U Street Corridor, Ritz-Carlton West End, Solo Piazza in Logan Circle and Ten Ten Mass in Mount Vernon Triangle

 

Highest Sales Prices

Three of our IT Buildings topped the rankings for Highest Sales Prices: In the West End, 22 West and Ritz-Carlton West End, followed by Turnberry Tower in Arlington. Completing the list was St. Nicholas in Kalorama, Atrium in Arlington, and Chase Point in Friendship Heights.

 

Highest Sales Price to List Ratio

St. Nicholas Unit 3AE  in Kalorama sold for $56,000 over list that's 104.31%. Other leaders were Wooster and Mercer Lofts in Arlington at 102.77%, City Vista in Mount Vernon Triangle at 102.45%, The Flats at Union Row in U Street Corridor at 101.84%, Solo Piazza in Logan Circle at 101.69% and Ten Ten Mass in Mount Vernon Triangle at 101.67%.

 

Highest Prices Per Square Foot

In March, 22 West Unit 7D in West End sold for $1,091.14/SF. Other leaders were Turnberry Tower in Arlington at $910.14S/F, City Center in Mount Vernon Triangle at $869.31S/F, Ritz-Carlton West End at $866.20S/F, Wooster and Mercer Lofts in Arlington at $833.66S/F, and The Lofts at Adams Morgan at $784.97S/F.

 

Highest Price New Listings

Available right now in the Ritz-Carlton West End for $6,950,000 — one of only two Presidential Penthouses. Next comes Somerset House in Friendship Heights at $3,900,000, and The Oronoco in Alexandria at $3,500,000.

 

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