The highest sales-to-list ratio in July is Unit #8002 at The Floridian in Washington’s trendy U Street Corridor. The 1-bedroom, 1.5-bath flat with 756 square feet of living space has hardwood floors, concrete ceilings, exposed ductwork, walls of windows and an extra office/den with a custom Murphy bed! The snazzy unit listed for $519,000 and closed for $550,000—105.97% of the original price! Coming in a super-close 2nd is Unit #1001 at Atrium in Arlington’s Rosslyn neighborhood. The 1-bedroom, 1-bath apartment with 756 square feet of living space and a private balcony closed at $420,000 which is 105.26% of the list price.
Unit #323 at Lofts 14 takes third place in the sales-to-list category. The 1-bedroom, 1-bath genuine loft is located in a former car showroom in Logan Circle’s “Auto Row.” Priced at $499,900, this cool space with its exposed brick walls, ductwork and unique beamed ceilings closed at $523,370, a 105.10% markup. Next is Unit #304 at the Kalorama, a grand historic structure eponymously named for the affluent neighborhood in which it is located. This is the first sale at the building since April 2017. The 2-bedroom, 2-bath apartment with 1,354 square feet of living space, curved bay and rich architectural details listed for $1,150,000 and sold for $1.2 million. That’s 104.35% of list!
Unit #2 at the Rainbow Lofts in Logan Circle listed for $465,000 and closed for $480,000 (103.23%). The 1-bedroom, 1-bath ground floor flat with private patio at the former Rainbow Auto Body & Painting Co is the first sale since June 2017 for this popular Auto Row building. The final sales-to-list entry is Unit #405 at Turnberry Tower in Rosslyn. The super-spacious 1-bedroom, 1.5-bath apartment has 1,322 square feet of living space, marble floors and a big balcony. It listed for $839,000 and sold for $876,000, 103.10% of its asking price.
Also of note is the first sale at The Erie in trendy Adams Morgan since January 2017. Unit #C1 is a 2-bedroom, 2.5-bath loft with 1,621 square feet of living space that listed at $885,000 and sold for full price. Polished concrete floors, soaring ceilings, floating wooden stairs and an ultra-chic open modern kitchen with bamboo cabinets are a few of the attributes for this industrial showcase city home.
To see all the hottest building and category winners in July visit our DC Penthouse and Luxury Condo Marketing Activity Report.
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