Market Leaders | Highest Sales Prices | January 2022

January ushered in a strong start to the year for luxury condo and co-op sales in the Washington, DC area. Several of highest-priced sales also took additional honors in the price per square foot category. Topping the highest priced sales is Unit #PH1C at the Ritz-Carlton Georgetown. The two-bedroom, 3.5-bath penthouse sold for $5,850,000 after listing for $5,950,000. The spacious 4,638 layout also equals $1,261.32 per sq. ft. for third place in that monthly highlight. Features include a wood-paneled library, a huge gourmet kitchen with custom wood and glass cabinetry, and a private balcony with unobstructed views of the Potomac River. The second-highest sale along with the second-highest price per sq. ft. goes to Unit #1105/06 at the iconic Watergate in the Foggy Bottom neighborhood. With 3,000 sq. ft. of living space, the three-bedroom, 2.5-bath apartment received a complete bare slab renovation with a design from Studio 3877. Gleaming maple hardwoods and a showcase kitchen are part of the allure for the $4 million transaction ($1,333.33 per sq. ft.) but the expansive balcony boasting exquisite views of the Potomac River and the entire Georgetown waterfront is the real topping on the cake.

Unit #PH101 at Westlight in the West End neighborhood has the third-highest sales price and the top price per square foot at $3,975,000 and $1,481.00 respectively. The super-modern flat with its white-on-white 2,684 sq. ft. floorplan has three bedrooms and three full baths, plus a stunning Euro-style kitchen. Fourth place goes to Unit #501 at Somerset House in Chevy Chase. The three-bedroom, 3.5-bath apartment with its elegant black marble foyer, sold for $3,350,000. Highlights include a library with wraparound views, and two balconies.

Coming in fifth is another multi-award winner, Unit #211 at Washington Harbour in Georgetown. The 3,148 square foot penthouse with three bedrooms and five full baths, closed at $3,250,000, with the fourth-highest price per sq. ft. at $1,032.40. Tray ceilings, marble and walnut flooring, and river views from the private terrace are among the many standouts. Closing out the list is Unit #1902 at Turnberry Tower in Arlington’s Rosslyn neighborhood. The stunning 3,278 square foot corner residence with three bedrooms, a den, a private elevator and a sweeping private terrace sold for $3,060,000, and also comes in fifth in the price per sq. ft. contest at $1,004.93.

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

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