November 2017 DC Penthouse and Luxury Condo Marketing Activity Report
For the latest in the DC Luxury Condo Market, stay informed with our blog every month. Most Units Sold
November saw three buildings sell three units each including the exciting new
Bethesda property, Hampden Row, plus Somerset House in Friendship Heights and The Lafayette in Penn Quarter. Nine additional buildings produced two sales each including 22 West in West End, City Vista and Madrigal Lofts in Mount Vernon Triangle, Gaslight Square in Arlington, The Darcy in Bethesda, and Logan Station in Logan Circle.
Highest Sales Prices
Seven buildings contended for highest sales throughout the city. In
Friendship Heights, Somerset House took the top sale with a 2 bedroom 2.5 bath unit which closed at $2,400,000.00. Two other buildings in the West End captured second and third place— 22 West with a $1,995,000 sale and 2424 Lofts with $1,775,000. Two Bethesda buildings had sales of $1,700,000 each: Hampden Row and The Darcy.
Highest Sales Price to List Ratio
Beating list price by almost 10%, the new unit #501 at
Hampden Row in Bethesda sold for $1,700,000. Other list toppers included Meridian Crescent in Adams Morgan with 105.21%, and The Watergate in Foggy Bottom with 103.52%.
Highest Prices Per Square Foot
Highest $ Per SF was captured by
22 West in West End with $1,051.16. Another condo beat the thousand per SF barrier: Somerset House in Friendship Heights sold for $1,008.82 per SF. Other big sellers included City Center in Mount Vernon Triangle, Hampden Row in Bethesda, Residences at Market Square in Penn Quarter, and The Watergate in Foggy Bottom.
Highest Price New Listings
Top price new listings included
Hampden Row Unit #405 listed at #3,899,990. Two units at Wardman Tower were offered at $3,395,000 and $2,645,000 and a penthouse at The Adele in West End was presented at $2,499,000.
Knowledge is Power: Get the Facts
Monthly Market Leaders:
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Recent Sales By Building:
Select From Our Luxury Buildings
1661 Crescent Place
3303 Water Street
Bryan School Lofts
Lofts at Adams Morgan, The
Residences at Harbourside
Residences at Market Square
Ritz-Carlton Georgetown, The
Ritz-Carlton West End, The
St. Nicholas, The
Ten Ten Mass
Wooster and Mercer Lofts
Yale Steam Laundry
Recent Sales By Area:
See Statistics by Neighborhood
Friendship Heights/Chevy Chase
Mount Vernon Triangle
U Street Corridor
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