Market Leaders | Highest Sales Price to List Ratio | August 2022

Topping the list to sales ratio in August is Unit #315 at Chase Point in Friendship Heights. The modern two-bedroom, two-bath apartment with a gourmet kitchen, lovely hardwood floors, and 1,100 square feet of living space, listed for $569,999 before being bid up to $600,000, representing 105.26 percent of asking. Second place goes to Unit #N1012 at the new eNvy development, directly across from Nationals Park in the Navy Yard neighborhood. The one-bedroom, one-bath condo with a tidy 695 sq. ft. layout sold for $575,000 (102.70 percent of the original price). As a bonus, you can watch Major League Baseball from the roof deck!

Coming in a close third is Unit #1405-S at the Watergate in Foggy Bottom. The super spacious 3,070 square foot penthouse cooperative with three bedrooms, 2.5 baths, and a mammoth double-sized living area, listed for $1,295,000 but sold for $1,320,000, translating to 101.93 percent. Stairs curve up to a glorious private roof deck with stunning cityscape views, adding an additional 1,045 square feet of space for entertaining! Fourth place goes to a double honoree. Unit #5C at 3303 Water Street in Georgetown listed for $1,795,000 before selling for $1,820,000 (101.39 percent). The two-bedroom, two-bath apartment with 1,394 square feet of space and floor-to-ceiling windows was also the month’s highest price per square foot at $1,305.60.

Unit #334 at The Lafayette in Penn Quarter nabs fifth place. The one-bedroom, one-bath flat with beautifully burnished hardwood floors and giant windows overlooking the courtyard, sold for $442,000 (100.68 percent). Closing out this category is Unit #102 at Logan Station in Logan Circle. The two-bedroom, two-bath residence with 1,134 square feet of face enjoys a unique sense of privacy with the ability enter through a private door and sitting porch, as well as through the main building lobby. After listing for S735,000, the roomy condo with its hardwood floors and intriguing floorplan sold for $740,000 (100.68 percent).

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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