The West End Tops DC Luxury Market
The most expensive condo to sell in the District during July 2010 was in the West End at 2501 Penn, located at 2501 Pennsylvania Avenue, NW #PH1A, Washington, DC. This new construction penthouse purchase was for the condo shell, not a complete build-out and includes a historic cupola room and 1,200 SF outdoor terrace. The unit features 2 BR / 2.5 BA and is 2,705 SF. The selling price was $2.3M / $850 SF (shell only).
Congratulations to selling Realtor Michael Rankin of TTR Sothebys International Realty for closing the most expensive condo sale in the District in July 2010.
Honorable mention for the 2nd most expensive DC condo sold in July 2010 was in the West End at 22 West, located at 1177 22nd Street, NW #7D Washington, DC. This 3 BR / 3 BA 2,337 SF condo included two parking spaces The selling price was $2.105M / $900 SF.
Congratulations to selling Realtor Marc Satrazemis of Washington Fine Properties, LLC for closing this transaction.
In July 2010, seven DC condos sold for over $1M, up from six in June 2010, down from eight $1M+ transaction in May 2010, nine in April and 11 in March 2010.
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.