May wasn’t a month for volume sales at Washington’s top condominium buildings. But what is missing in quantity is made up for with a very high level of quality. There were two buildings with two or more sales for the month. The Floridian in the U Street Corridor is an exciting condo community with a prime location, next-door to the new Whole Foods. These modern loft-style residences offer giant window walls, eco-friendly bamboo and maple flooring, sliding barn doors and raw concrete ceilings. Unit #604 with two bedrooms and two baths listed for $575,000 and sold for $604,101, translating to 105.06% of asking. That makes it the second-highest list-to-sale ratio for the month. Unit #1003 with one bedroom and one bath closed at its full price of $425,000.
Union Row in the U Street Corridor also had two closings. The condo community is made up of two trendy structures; the Flats and the Warehouses. A special shout-out goes to Unit #301W in the Warehouse building, which sold for $1,535,000, making it the fourth-highest condo closing for the month. The tri-level end-unit with three bedrooms, 2.5 baths and 2,000 square feet of living space was redesigned by Will McGovern, and features a master bedroom with 18-foot barrel vaulted ceilings that are open to the loft above. From an incredible open modern kitchen to sliding glass doors and super chic baths, this home is truly unique.
Unit #PH2B at the Ritz-Carlton West End in the neighborhood of the same name sold for full price at $3,250,000 after being on the market for just one day. The tri-level penthouse is the most expensive closing in May. The dramatically transformed 2501 M in the West End neighborhood was initially a 1980s office building before being gutted and redesigned in 2017 by CORE Architecture with interiors by HapstakDemetriou+. Unit #T12 with two bedrooms, a den, 2.5 baths, 1,827 square feet of living space, sold for $1,975,000, making it the second-highest condo closing in May as well as the top price per square foot. Among the many features in this highly contemporary flat is a balcony overlooking Rock Creek Park and Francis Field.
525 Water Street in the Southwest Waterfront had one sale in May. The P.N. Hoffman-developed building is just a block from The Wharf with all its new shops, restaurants and entertainment. 555 Mass in the Mount Vernon Triangle also had one sale with Unit #1212 which sold for its full list price of $449,900. The one-bedroom, one-bath flat is ideally located in DC’s Downtown, next-door to Chinatown and steps from a dizzying array of attractions. Atrium in Arlington’s Rosslyn waterfront neighborhood is home to Unit #929, a modern one-bedroom apartment that sold for $420,000 or 100.48% of its list price, putting it in third place for the highest sales-to-list ratios in May. The Columbia in the West End neighborhood sold Unit #441 with two bedrooms, two baths and 1,405 square feet of living space for $1,200,000. Northumberland in Dupont Circle also had one sale each, as did the Residences at Market Square in Penn Quarter, where Unit #PH18 sold for $960,000. The penthouse had the fourth-highest price per square foot for the month at $1,000. Unit #M604 at Wooster and Mercer in Arlington closed at $850,000. Notably, Butterfield House on Capitol Hill had its first sale since August 2018 with Unit #101, a one-bedroom, one-bath apartment that sold at its full price of $399,900.
To see all the hottest building and category winners in May visit our DC Penthouse and Luxury Condo Marketing Activity Report.
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