Market Leaders | Highest Sales Price to List Ratio | August 2019

The highest sales-to-list ratio in August is Unit #811 at Yale Steam Laundry in Washington, DC’s Mount Vernon neighborhood. The 1-bedroom, 1.5-bath flat has just 437 square feet of living space but it listed for $320,000 and sold for $329,000 or 102.81% of the asking price. Dating to 1902, the facility once washed the White House’s laundry before adding a 12-story tower to the original structure and converting to condos for sale. Coming in a close second is Unit #212 at Logan Station in Logan Circle. The 2-bedroom, 2-bath residence with 1,134 square feet of room, an open space layout, gourmet kitchen and balcony listed for $775,000 and closed at $795,500 representing 102.65% of the original price.

Unit #1210 at Clara Barton in Penn Quarter listed for $489,000 and closed for a clean $500K, representing 102.25% of the original price. The 1-bedroom, 1-bath flat with 730 square feet of space has hardwood floors, a tidy open kitchen with dark granite counters and stainless steel appliances, plus a balcony. Next is Unit #205 at The Odyssey in Arlington’s Rosslyn waterfront neighborhood. The 1-bed, 1-bath apartment has a roomy 862-square-foot floorplan and closed at $510,000 after listing for $505,000. That’s $5 grand over or 100.99% of asking for this cute apartment in a gleaming glass and steel waterfront tower.

Unit #627 at The Lafayette in Penn Quarter listed for $489,800 and sold for $491,900, 100.43% of the asking amount. The contemporary 1-bedroom, 1-bath residence with an open 810-square-foot layout has wide-plank hardwoods floors, granite counters, stainless steel appliances and sliders to the balcony. At 100.39% of the original price is #617 at 555 Mass in Downtown’s Mount Vernon community. The 1-bedroom, 1-bath luxury apartment has 811 square feet of living space, gleaming blonde hardwood floors, an open kitchen with stainless steel appliances and pretty white cabinets over granite counters. The asking price was $519,000 and the sales price was $521,000.

To see all the hottest building and category winners in August visit our DC Penthouse and Luxury Condo Marketing Activity Report.

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