Top DC Condo Sales - January 2011
The West End Dominates DC Luxury Market
The most expensive condo to sell in the District during January 2011 was in the West End at The Columbia, located at 2425 L Street NW #702, Washington, DC. This 2 BR / 2 BA, 1,550 SF condo also includes two balconies, two parking spaces and extra storage. The selling price was $1.085M / $700 SF which was 95% of asking price.
Congratulations to Mansour Abu-Rahmeh of Hounshell Real Estate for closing the most expensive condo sale in the District in January 2011.
Honorable mention for the 2nd most expensive DC condo sold in January 2011 was in the West End at 22 West, located at 1177 22nd Street NW #2F, Washington, DC 20037. This 2 BR / 2 BA, 1,247 SF condo includes a balcony and parking space. The selling price was $1M / $802 SF which was 100% of asking price.
Congratulations to selling Realtor A. G. Sabban of AGS Realty, Inc. for closing this transaction.
In January 2011, two DC condos sold for $1M or over, down from eight in December 2010, nine in November 2010, three in October and four in September.
If you are interested in learning more about luxury condos, here is a resource to view DC luxury condos that are currently listed for sale.