The Columbia | Market Pulse | September 2018

The Columbia in Washington, DC’s West End neighborhood has an unusual backstory. Built in 1918 as a women’s hospital, the historic structure was renovated and re-conceived during the modern era as luxury condos. The process included the addition of two new wings.

While there were no new listings in September, there have been a number of status changes, including a price drop for Unit #428. The 1-bedroom, 1-bath apartment with a bonus den measures out at 894 square feet and is located in the old historic wing. The new asking price is $710,000, down from $725,000.

There are three other available properties. Unit #320 is an 850-square-foot 1-bedroom, 1-bath residence with a loft for additional space plus an oversized balcony. The asking price is $649,000. Unit. #223 is a 1-bed, 1-bath with 750 square feet, listed for $569,900. Unit #217 has 1-bed and 1-bath with 729 square feet of space, high ceilings, wood floors and a duel-entry bath, for $529,000.

Three listings were withdrawn in September. Unit #936, a 2-bed, 2-bath duplex with 1,766 square feet of space and an asking price of $1,594,000, was taken off market after just six days. Unit #436 is a 2-bed, 2-bath apartment with 1,354 square feet, a chef’s kitchen and marble baths that listed for $1,275,000. The final withdrawn is #621, a one-bedroom plus loft unit with a balcony and 850 square feet of interior space. The asking price was $709,000.

There were three accepted offers in September. Unit #504, originally priced at $1,450,000 went under contract September 10 for $1,395,000 with a closing scheduled for October. The 2-bedroom, 2-bath residence has 1,478 square feet of space plus a large terrace. Unit #629 entered the market September 13 and went pending 15 days later. Priced at $829,000, the 2-bed, 1-bath residence with Brazilian Cherry floors has a 75-foot balcony and 1,065 square feet of interior space. Unit #527 with 2-beds and 2-baths closed September 21 for $975,000 which translates to 97.5% of asking price.

The century-old address has lots to offer, with a roof deck, swimming pool, fitness center, 24/7 staffed service and billiards room. Residents also get their own on-site Trader Joe’s! West End locals also enjoy fine dining, upscale retailers and entertainment. Commuters can walk to the Foggy Bottom-GWU Metro, bicycle or drive across the Key Bridge, or use any number of north-south avenues.

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