Market Leaders | Highest Sales Price to List Ratio | June 2021

The bidding wars were in bloom in June, topped by Unit #324W at The Union Row Warehouses in the always hip U Street Corridor. This highly appealing loft residence listed for $1,165,000 before landing an accepted offer in just five days. The final closing price was $1,240,000 or 106.44% of the original asking amount. With over $50,000 in upgrades, this super-hip condo has three bedrooms, 2.5 baths, pale blond floors, corrugated ceilings, exposed ductwork, floating iron stairs and a private roof deck. In second place is Unit #604 at City Vista, a full-service luxury building in Mount Vernon Triangle with a terrific rooftop pool and an on-site grocery store. The two-bedroom, two-bath flat listed at $639,900 and sold for $666,000, representing 104.08 percent.

Next up is Unit #G02 at The Beauregard in the U Street Corridor. The spacious lobby level flat has one bedroom, one bath, and an 852 square foot open layout. Listed at $509,000, the apartment was bid up to $525,000 or 103.15 percent. Fourth place goes to Unit #1017 at Gallery Place in Chinatown. Just steps from the Metro and Capital One Arena, this nifty one-bedroom, one-bath apartment with ultra-wide plank floors was offered at a competitive $389,000 before selling for $399,000—10 grand over asking or 102.56 percent.

In fifth place is Unit #814 at Atrium in the Rosslyn waterfront neighborhood. With floor-to-ceiling wraparound windows and outstanding views, the one-bedroom, one-bath flat listed for $440,000 and sold for $451,500—102.56 percent of asking. Closing out this category is Unit #404 at the exclusive Somerset House in Friendship Heights. Located inside the gated Parc Somerset community with its many country club style amenities, the 1,342 square foot residence with two bedrooms and two baths, was offered at $925,000 before selling for $945,000—a full $20K over asking, which translates to a sturdy 102.16 percent. The renovated dwelling has a combination of marble and hardwood floors, with a fantastic gourmet kitchen and an oversized private balcony with multiple entry points.

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