Tagged : prospect street

Found 4 blog entries tagged as "prospect street".

The upscale Georgetown real estate market continued to show significant strength in 2012 with 208 closed residential transactions.  The total value of the 2012 Georgetown residential transactions was $278.5M, down from 292.8M in 2011.  The average sales price in 2012 in Georgetown was $1,339,336 and on average property sold for 95% of asking price.  The average days on the market for Georgetown listings was 57 days in 2012, down from 76 in 2011.  It is important to note that a single transaction in 2011 for $22M impacted average selling price and total volume.

Here is a summary of key metrics for the Georgetown market in 2012 vs. 2011:

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The most expensive property to sell in Georgetown in 2011 was the Halcyon House, a historically designated mansion

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While Georgetown's West Village is best know for historic row houses on beautiful tree-lined streets, the Georgetown Madelon condo development offers a different lifestyle choice for this beloved neighborhood. This 30 unit development, located above two of Georgetown's most esteemed restaurants….. Cafe Milano and Peacock, was delivered in 2007.

The Georgetown Madelon offers eight unique floor plans ranging in size from 720 SF 1 BR / 1 BA units to  2,615 SF / two-level penthouse / 3 BR / 2.5 BA units.  Ceiling heights of 9' 3" and floor-to-ceiling windows deliver a bright modern experience that is difficult to find in historic neighborhoods like West Village.

Building amenities include a rooftop pool and terrace with stunning 360-degree city views.  The

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Georgetown dominates DC luxury condo sales

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The most expensive condo to sell in the District during June 2010 was in Georgetown at the Residences at Harbourside, located at 2900 K Street NW #603, Washington, DC.  This 2-level penthouse unit was completed in 2008 and is 4,888 SF and features 4 BR / 4 BA.  The selling price was $3.1M / $634 SF.  This is the second consecutive month that a Residences at Harbourside unit topped the luxury market in DC.

Congratulations to selling Realtor Nancy Itteilag of Long & Foster Real Estate, Inc. for closing the most expensive condo sale in the District in June 2010.

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Honorable mention for the 2nd most expensive DC condo sold in June 2010 was in Georgetown at Wormley Row, located at 3329 Prospect Street,

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Georgetown Dominates DC Luxury Market

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The most expensive condo to sell in the District during March 2010 was in Georgetown at the Residences at the Ritz, located at 3150 South Street, NW $2D, Washington, DC. This condo is 4,314 SF and features 4 BR / 5.5 BA.  The selling price was $4.5M / $1,043 SF.

Congratulations to selling Realtor Chris Ritzert of Coldwell Banker Residential Brokerage for closing the most expensive condo sale in the District in March 2010.

 wormley_row_400Honorable mention for the 2nd most expensive DC condo sold in March 2010 was in Georgetown at Wormley Row, located at 3329 Prospect Street, NW #7 Washington, DC.  This new construction duplex unit is 4,725 SF and can be built out to the buyers specification with 3 or 4 BR. The selling

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