May 2015 Update
For the latest news in the DC Luxury Condo Market, be sure to read our blog every
Most Units Sold
Madrigal Lofts and Ten Ten Mass sold three units each in Mount Vernon Triangle. Eleven buildings had sales of two units each including: Atrium in Arlington; Chase Point in Friendship Heights; City Vista in Mount Vernon Triangle; Delancey Lofts in Adams Morgan; Metropole in Logan Circle; Ritz-Carlton West End; Solo Piazza in Logan Circle; Somerset House in Friendship Heights; The Floridian in U Street Corridor; The Lafayette in Penn Quarter and Yale Steam Laundry in Mount Vernon Triangle.
Highest Sales Prices
Penthouse 4A at 3303 Water Street in Georgetown sold for $2,800,000. Nearby in West End at The Ritz-Carlton West End, another 2-bedroom, 2.5-bath condo sold for $33,500 above list. At Madrigal Lofts in Mount Vernon Triangle, the building’s only million-plus-sale in over three years brought in $1,475,000. Other leaders included Somerset House in Friendship Heights; 2424 Lofts in Adams Morgan; and City Center in Mount Vernon Triangle.
Highest Sales Price to List Ratio
Highest Prices Per Square Foot
3303 Water Street in GeorgetownTook Top Dollar Per SF with $1,114. Other high placing buildings included City Center in Mount Vernon Triangle at $927.39 SF; Residences at Market Square in Penn Quarter at $863.72; Ritz-Carlton West Endat $855.61;
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Highest Price New Listings
Magnificent views of the monuments and Potomac from the 29th floor of The Waterview await the buyers of this breathtaking 3-bedroom, 4-1/2 bath penthouse offered at $2,400,000.
