The luxury condo market in Washington, DC continued in a robust manner in 2012 with 88 transactions closing for $1M or more. Luxury DC condos are being purchased by those relocating to the District from outside the region as well as move-up buyers and the growing number of empty-nesters moving back into the city from the suburbs.
3303 Water Street in Georgetown and the Watergate in Foggy Bottom both had three of the top ten most expensive sales in 2012. Also making an appearance on the top ten list were the Residences at the Ritz Carlton in the West End with two top ten transactions and Kalorama Square.
Here is a summary of the top 10 DC condo/coop transactions:
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