October 2011

Combine the convenience of DC's Woodley Park neighborhood with excellence of developer PN Hoffman and the result is the Woodley Park Place Condominiums. Located in the 2800 block of Connecticut Avenue, Woodley Park Place is a very desirable Washington, DC address.

In 1998, PN Hoffman renovated and connected four circa 1918 run down row houses which they integrated with a new structure to create the Woodley Park Place project. PN Hoffman seamlessly combined two different architectural styles along Connecticut Avenue into a single cohesive and eye-catching development.

With just 35 units, Woodley Park Place offers an intimate condo environment which includes a peaceful shared interior courtyard. Residents enjoy access the the Woodley park

Georgetown and Capitol Hill have top Vibe Scores

MapQuest has developed a new methodology for ranking neighborhoods called a Vibe Score. A Vibe Score is a composite of the following six criteria: walkability, popularity, going out, edginess, burbiness and residentiality. Vibe uses a patented algorithm that utilizes billions of search and social input data points to create real-time rankings.

Georgetown garnered the top ranking DC Vibe Score with a 10, closely followed by Capitol Hill with a 9.8 and Downtown with a 9.6. These are all very popular destination neighborhoods with great walkability and a significant number of venues to attract lots of visitors. It is interesting that two of the neighborhoods that I expected to high Vibe Scores, Logan

The East Village home of former IMF head Dominique Strauss-Kahn is now listed for sale for $5.2M. This Federal-style, brick-front home lis ocated on prestigious Dumbarton Street. The home was completely renovated prior to Straus-Kahn purchasing it in 2007 for $4M.

The two-story home features 3 BR / 4.5 BA with a spectacular pool and outdoor entertaining area. The modern chef's kitchen has top-of-the-line appliances and sleek white cabinetry and countertops.

Here is a resource to view this and other fine Georgetown properties that are currently listed for sale.

If you have previously taken a look at the Woodley Wardman, a new construction project on Connecticut Avenue in Woodley Park.....with the recent developer price reductions…..it just might be time to take a second peek. 

Inventory has been moving steadily at this project and the developer's inventory is down to just 13 units including three penthouse residences and nine tower flats.  Time is of the essence If you are looking for a 1BR unit as only one is remaining.

Units with recent price cuts include #103 which is a 2 BR / 2 BA corner unit with 1,106 SF that was recently reduced from $649,900 to $549,900 and #204 which is a 2 BR / 2 BA with 1,204 SF and a courtyard view that was recently reduced from $749,900 to $699,900. 

Here is a resource to

The West End and Logan Circle have top sales

The most expensive condo to sell in the District during September 2011 was in the West End at 22 West, located at 1177 22nd Street #6K, Washington, DC.  This 2 BR / 3 BA 1,932 SF condo includes two parking spaces.  The selling price was $1,725,500 / $893 SF which was 97% of asking price.

Congratulations to Marc Infeld of Coldwell Residential Brokerage for closing the most expensive condo sale in the District in September 2011.

Honorable mention for the second most expensive DC condo sold in September 2011 was in Logan Circle at Q14, located at 1401 Q Street #602, Washington, DC 20009.  This 2 BR / 2.5 BA 1,800 SF condo includes two parking spaces.  The selling price was $1.355M / $753 SF which was 97%

 Conveniently located in the West End at the corner of Pennsylvania Avenue and 26th Street, the Westbridge is just steps from Georgetown.  Many of the units in the Westbridge have stunning views of Georgetown.  This location offers walking access to many destinations including the Foggy Bottom Metro, World Bank, IMF and Trader Joe's.

The Westbridge is a 10-story brick condo development with 171 units that was delivered in 1978.  Many of the units in the Westbridge have been updated with newer interior designs and finishes.  Westbridge residents enjoy large private outdoor balconies that line each floor of the building.  Amenities include a 24-hour front desk, outdoor pool, exercise room, rooftop deck and garage parking.

Currently, three units are listed

The much anticipated 1020 Monroe project in Columbia Heights is having a burgers and brew open house today, Wednesday October 5th from 4:00 pm - 7:00 pm.

This 28-unit project located at the corner of 11th & Monroe NW will have several units open and available to tour during the event. If you are unable to make the event, but would like to tour the project, please inquire and we will arrange a private tour for you.

AOL Real Estate has ranked DC as the fifth best city in the country for young people. DC trailed Cincinnati, Seattle, Baton Rouge and Minneapolis. This 5th place ranking is a couple of positions lower than CNN's 2nd place ranking last year.

The criteria used by AOL Real Estate in establishing these rankings includes: starting salaries for college graduates; cost of living; and percentage of residents in their 20s. DC had higher than average cost of living scores but excelled in starting salaries that are 17% higher than national averages and low unemployment rates.

District neighborhoods popular with young people where more affordable housing option are available include Columbia Heights, Shaw and the H Street Corridor.

Its tough to find a better located condo development  than Jefferson Row in the Dupont Circle neighborhood of Washington, DC.  Located on Jefferson Place between 18th  and 19th Streets, Jefferson Row is around the corner from the Palm Restaurant and a just two blocks to Dupont Circle.

Jefferson Row features an historic row house design with 23 condos that were completely renovated in 2006.  Finishes at Jefferson Row include chef kitchens with Viking and SubZero Appliances, designer grade cabinetry and counters.  Bathrooms were finished with travertine marble, high-end tubs and dual shower heads.  Jefferson Row amenities include an exercise room, elevator and common roof top terrace with gas grill and views of St. Mathews Cathedral.

Currently, one condo