January 2012

 

Manhattan urban chic invades the corner of 7th St and E St in the Penn Quarter at the Residences of Terrell Place.  This 29-unit boutique development features the restored facade of the 1868 Dime Savings Bank Building and modern, architecturally unique interiors.  The Residences at Terrell Place prominently features a 10-story glass elevator structure that joins the Dime Savings Bank 10-story building with two four-story row houses.

Residences at Terrell Place interior finishes delivered by the developer in 2003 included hardwood floors, Canac kitchen cabinets, black granite counters, GE Profile stainless steel appliances and over-sized windows.  Open floor plans, high ceilings and lots of glass give individual units a spacious feel.  The dramatic lobby

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 Located on the northern edge of Georgetown University campus, Hillandale offers a true suburban lifestyle typically associated with leafy suburbs like Potomac and McLean. The neighborhood borders the expansive Glover Archbold Park to the north and west…..offering a truly intimate and secluded atmosphere.

One of the District's few gated enclaves, Hillandale features 268 homes in a 42-acre setting. Housing options at Hillandale include rowhouses, semi-detached houses and single-family homes. The community features swimming pool, tennis courts, clubhouse, playground and security.

Currently, five homes are available for sale at Hillandale ranging in price from $1.189M to $1.499M including a 4 BR / 3.5 BA brick townhouse townhouse listed for

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Located along the tree-lined 1400 block of Rhode Island Avenue in the heart of Logan Circle, 1441 Rhode Island is a highly sought after condo development.  This location is just steps to Whole Foods, Logan Tavern, Caribou Coffee, Vida Fitness and the entire 14th Street scene.  Commuters can walk to the Red, Orange and Blue Metro lines from 1441 Rhode Island and some units convey with underground deeded parking.

1441 is a full-service condo building with a staffed front desk, 24-hour workout center, club room and a landscaped interior courtyard.  Delivered in 2004, 1441 Rhode Island is a nine-story building with 157 units featuring floor plans ranging from studios to three bedroom configurations.  Some units feature balconies and also have storage

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Its snowing out and lots of fellow Washingtonians are home today participating in one of our cities favorite hobbies…..searching online for real estate.

One of the goals here at the DC Condo Boutique is to continually monitor and analyze the market to stay on top of the hottest properties and developments. Traffic on our website is very heavy today due to the weather so we thought it would be interesting to share with you the top ten most popular DC real estate searches so far today:

1. u street condos 
2. dc condos
3. the chastleton
4. dc lofts
5. dupont circle row houses 
6. clara barton
7. 3303 water street
8. the wyoming
9. woodley wardman
10. dc new construction

photo courtesy of whitehouse.gov

 

The most expensive condo to sell in the District during December 2011 was in the West End at 22 West, located at 1177 22nd Street NW #9E, Washington DC.  This 3 BR / 3 BA / 2,790 SF condo includes two parking spaces and a roof terrace.  The selling price was $2,653,500 / $951 SF which was 100% of asking price.

Congratulations to Bill Hounshell of TTR Sotheby's International Realty for closing the most expensive condo sale in the District in December 2011.

Honorable mention for the second most expensive DC condo sold in December 2011 was in Adams Morgan at the Lofts of Adams Morgan located at 2328 Champlain Street NW #401, Washington, DC.  This 2 BR / 3 BA / 3,200 SF loft-style penthouse condo includes one parking space and a private roof deck.  The…

  While the section of Georgetown south of M Street doesn't garner the notoriety of Georgetown's East Village and West Village, this neighborhood is home to some of the finest condo developments in the entire District.  Georgetown south of M (GSOM….ok never mind)  offers convenient access to several DC attractions including the Capital Crescent Trail, restaurants and nightlife on M Street, Foggy Bottom Metro, GW and Georgetown Universities and more.
This section of Georgetown has industrial roots and many of the its obsolete buildings have been transformed into 21st-century luxury residential condo developments.  In most cases, these redevelopments have preserved the unique and historic building facades which lend charm and character to the…

In a study recently released by Atlas Van Lines, Washington, DC led the nation for inbound migration for the fourth consecutive year. Allied's study based on data from over 80,000 Interstate moves detailed that almost two times as many people moved into the District as left.  These inbound migration numbers reinforce the sentiment from our team here in the trenches where we hear from people moving to DC virtually every day.

It is no surprise that so many people are looking to move here as Washington, DC has many positives as a place to live.  Topping the list is one of the strongest and most robust job markets in the nation.  Over the past year, DC has been recognized with several other top national rankings including:

• Top performing real

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The most expensive condo to sell in Washington, DC in 2011 was for $6.25M at 3303 Water Street in Georgetown.  As has been the case in past years, Georgetown dominated the DC luxury condo market with six of the top ten transactions. Kalorama and the West End both weighed in with two sales in the top 10. 

The overall DC luxury condo market remained robust in 2011 with 79 transactions closing at a sale price of $1m or greater.  Here are the top ten DC condo/coop transactions in 2011:

             Price            Development                         BR    BA        SF 

1. $6,250,000    3303 Water #F-8                        5     3        3,887
2. $5,200,000    Ritz Carlton Georgetown #3B    3     2.5     3,407
3. $4,550,000    3303 Water #L-7

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