Under Contract: The Condo Market is Moving

• March 20th 2023

by UrbanTurf Staff

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In this week's Under Contract, UrbanTurf takes a look at a number of recently-featured condos that found buyers quickly. 

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Cairo Hotel Condo Sells in Two Days

Once the entrance to the Cairo Hotel, this condo on 16th Street NW sold after just 48 hours on the market. A stained glass window featuring two pegasi sits above the door to the private outdoor balcony. Throughout the unit, 10-foot ceilings elevate the living space. Both bedrooms feature a long closet and sizable windows, and the bathroom features marble walls to match the floors. 

• Full Listing: 1615 Q St NW, #102 (map)
• Price: $ 665,000
• Bedrooms: Two
• Bathrooms: One
• HOA Dues: $795/month 
• Square Feet: 834
• Days on Market: 2
• Listing Agent: Nick Dunstan, Coldwell Banker Realty

Photo Courtesy Oleks Yaroshynski and Myroslav Dubyna 

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72 Hours For a Bright Kalorama Two-Bedroom

This sunny two-bedroom condo at The Warrington in Kalorama spent just three days on the market before being snatched up. Traditional red brick lines the outer walls and wood floors are found throughout. The open kitchen, featuring a breakfast bar island and dark cabinetry, blends seamlessly into the dining room. A private balcony is also accessible from the main living space. The primary suite features a bathroom with gray subway tiles and a walk-in closet, and a den could make for the perfect office. On the top of the building, a communal roof deck offers sweeping views of the city. 

• Full Listing: 1801 Wyoming Avenue NW, #22 (map)
• Price: $849,000
• Bedrooms: Two
• Bathrooms: Two
• Square Feet: 1,300
• Year Built: 1910
• Days on Market: 3
• Listing Agents: Pam Wye & Claudia Donovan, Compass

Photo Courtesy Chris Ellenbogen

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Two Weeks For a Penthouse Overlooking the Potomac

One of two penthouses at Watermark, a luxury residential development along the Potomac in Alexandria, this 2,700 square-foot listing was on the market for about two weeks before finding a buyer. One of the main selling points of the corner unit are direct and unobstructed views of the Potomac River from oversized arched windows with eastern and southern exposures. The three-bedroom also has a private terrace with river views, accessed from the kitchen and second and third bedrooms. The owner’s suite offers two huge closets and a main bathroom with a double vanity, underfloor heating, an oversized soaking tub, and separate shower room with bench seating. The listing also comes with two parking spaces. 

• Full Listing: 225 Strand Street, #505 (map) 
• Price: $3.6 million 
• Bedrooms: Three
• Bathrooms: Three
• Square Feet: 2,675
• HOA Fees: $1,311/month
• Days on Market: 13
• Listing Agents: Sissy Zimmerman, Clay Burke, McEnearney Associates 

This article originally published at https://dc.urbanturf.com/articles/blog/under_contract_the_condo_market_is_moving/20792.