Data supports continued confidence in the real estate market, as well as the overall economy.
Washington D.C. continues to provide investors with a real estate market filled with increased opportunity. After decades of decline, our population continues to grow, while maintaining some of the highest levels of income and education in the country. And our housing market has continued to exhibit the rock-solid fundamentals of decreasing inventory and increasing demand, leading to continued, healthy, year-over-year increases in housing prices.
|
|
The D.C. housing market continued to heat up in 2017. Compared to December 2016, D.C. closed out 2017 with greater demand (more sales), decreased supply (fewer listings) and a
median sales price that increased 2.7%
year-over-year. 2017 saw additional encouraging signs within D.C.’s housing market.
- One in three homes in DC sold above asking price
- 2,279 multi-million dollar homes sales
- D.C. ranked #2 among East Coast cities with homes sales over $1 million
- 71% increase in number of homes that sold over $2.5 million
D.C.’s increasingly hot housing market performance has led some to question whether or not we are in a housing bubble, similar to what we saw in 2008, whether that homes in D.C. are overvalued. This is unlikely. As the above data demonstrate, D.C.’s increasing prices are driven by the
fundamentals of increasing demand and decreasing supply
. D.C.’s inventory levels have declined for 20 consecutive months, and our region’s total active listings in December 2017 (6,466 regional active listings) are a fraction of their levels in December 2008 (regional active listings 21,080).
Data Source: Evergreen Private Finance
|
|
Thank you,
Kimberly & Daryl
ACCESS TO THE FINEST
|
|
Featured Offerings
(click on images for listing details)
|
|
1832 16th Street NW #2 and #3
Two residences remain! These chic properties, inspired by Grand Parisian Apartments, courtesy of designer Sandra von Kampen and Potomac Construction Group, are très magnifique. Each unit features stunning hand-picked finishes including white oak hardwood floors and custom cabinetry in the gourmet kitchen. Le Meridian Residences is perfectly located between Dupont Circle and Logan Circle.
RESIDENCE TWO: 2BD/2BA - $1,245,000
RESIDENCE THREE: 2BD/2BA - $1,345,000
Open House: Sunday, April 29th 1-4 PM
|
|
LOGAN/U STREET
1920 12th Street, NW #2
$1,495,000
Extraordinary penthouse designed for impressive entertaining and convenient everyday living. The original developer’s own home, this two bedroom, two-and-a-half bath home with an open floor plan, has soaring ceilings up to 22-feet in the living room. Outdoor space includes a private walled roof deck with a city view that is a perfect urban oasis. Prime Logan/U Street location with fantastic walkability.
|
|
|
LOGAN CIRCLE
1446 Q Street, NW Units 1 & 2
$1,195,000 & $1,395,000
Two exceptional newly constructed condos with open floor plans, outdoor access on every level, high ceilings, smart home technology, spa bathrooms and bespoke custom finishes. Each home includes parking.
Open House: Sunday, April 29th 1-4 PM
|
|
|
DUPONT CIRCLE
1325 18th Street, NW #513
$409,500
Located just one block from Dupont Circle, this light filled one bedroom property is perfectly appointed. This unit boasts large windows, a beautifully renovated kitchen and bathroom, and incredible closet space. Building amenities include a rooftop pool, 24 hour front desk, and garage parking. Walkable to everything that Dupont Circle has to offer. This is urban living done right!
|
|
|
KALORAMA
2138 California Street, NW #502
$TBD
Large 2 BR/2 BA condo in one of D.C.’s most desirable neighborhoods, Kalorama. This top floor unit has brand new wood floors, an incredible master suite and a wood burning fireplace. Building is pet friendly and walkable to Dupont Metro, multiple markets, coffee shops and great restaurants.
|
|
|
LOGAN CIRCLE
1441 Rhode Island Avenue, NW #901
$TBD
This top floor 2 BR/2BA condo is Logan Circle living at its best. With over 1100 square feet and large Western-facing windows, this corner unit is perfect for sunset views on the balcony overlooking the neighborhood. Includes modern finishes, gas fireplace, walk-in closet, and garage parking. Walkable to multiple metros, Whole Foods, and everything 14
th
Street has to offer.
|
|
|
BURLEITH
3528 Whitehaven Parkway, NW
$TBD
Brand new 5 BR/5.5 BA home in Burleith - and it is beyond beautiful! This new construction townhouse is full of exquisite detail throughout all 4 levels and includes floor to ceiling windows, luxurious finishes, and an ideal floor plan. The home was also designed with convenience in mind and offers an elevator, laundry rooms on multiple levels, and secure parking. And just in time for summer, this home has multiple terraces that overlook the city and an incredible back yard that will be perfect for enjoying warmer weather.
|
|
|
Private Placement Offerings
|
|
DUPONT/ADAMS MORGAN
1774 Willard Street, NW
$2,100,000
This massive 5BR/5.5BA U-Street home is full of modern comforts; the living room features a gas fireplace, a separate dining room connected to a beautifully updated kitchen, & best of all, a balcony leading to a private roof deck with stunning 360-degree city views. Lower level has everything for the perfect in-law suite. Parking is included.
|
|
|
COLUMBIA HEIGHTS
774 Irving Street, NW
$750,000
Perfection in Park View! Built in 1914, this townhouse flawlessly combines curb appeal and charm with modernity and style. Maintaining the lovely exposed brick, this home has been renovated to include a gourmet kitchen, new central A/C, stunning landscaping, and a deck that overlooks the Washington monument. With 2 BR/2 BA and parking, this home is perfect for those wanting an alternative to condo living and for an incredible price!
|
|
|
LOGAN CIRCLE
1327 Corcoran Street, NW
$2,750,000
This 4BR/4.5BA new construction home is poised to be the modern marvel of Logan Circle. Featuring an elevator, massive roof deck, gourmet kitchen, and two car parking, the excellence of the home itself is only matched by the excellence of its location. Tucked away on this tree-lined block of Corcoran, this home is only steps from all the excitement of 14
th
street and renowned hot spots in the neighborhood.
|
|
|
"Daryl and his team were instrumental in selling our home. This was our first time selling a house, and after taking a job in another state, we were living nearly 1,000 miles away. Selling a home remotely could have been very stressful and challenging, but it was easy and straightforward with Daryl. He walked us through every step and provided the highest level of service. He and his team were available whenever we needed them, and they were always so helpful. Daryl and his extensive network allowed us to conduct the transaction in the private market, which allowed us to skip the process of listing the house publicly. And we were able to get top dollar at the same time. Finally, the settlement process was a piece of cake with Daryl’s help. We highly recommend Daryl and can’t thank him enough for such a great experience!"
- Bryan Moll & Matt Miller
|
|
|
Welcome spring with the 5th Annual
Toned Up Tuesdays
! CorePower Yoga returns to The Park at CityCenter to lead a variety of free outdoor yoga classes. The hour long class begins at 6pm and is free and open to all, just remember your mat! Every Tuesday at 6pm thru May 29.
|
|
Running of the Chihuahuas
|
Kick off Cinco de Mayo at
The Wharf
with a cold Corona, live music, and adorable dogs at the 7th annual Running of the Chihuahuas. Watch more than 90 chihuahuas race to win pet-friendly gifts, and dress up your own pooch for a chance to win prizes in our pet costume contest. May 5th 1-5 PM.
|
|
Tailgating at the
Virginia Gold Cup
races is a time-honored tradition, so make the most of the day and participate in the Tailgate Contest. The best tailgates have a theme, decorations and special food and drink recipes.
|
|
|
Search For Your Neighborhood Home Here
|
|
Are you looking for property in a specific neighborhood? We have created searches so you can focus on the areas where you are most interested in your home search. Click on any of the following neighborhoods to see a list of properties currently for sale. If you would like to schedule an appointment to view any of the properties, please give us a call.
|
|
Backed by the prestige and power of Washington Fine Properties, their track record speaks for itself. They are consistently ranked among the top teams nationally and locally, with over half a billion dollars in sales.
They are referenced as “
Power Brokers
” and “
Real estate phenoms
” in the press and have recently been featured in the Wall Street Journal, Washington Post, NY Times, Capitol File, DC Modern Luxury, Washingtonian, Washington Life, Washington Business Journal, the Georgetown Dish, and more.
Their reputation has been forged by offering the same level of dedication and enthusiasm to each transaction they pursue. With access to private listings, developer pipelines and their finger on the ever-changing pulse of the Washington, D.C. market, Kimberly & Daryl give their clients an undeniable edge.
- Average Days on Market: Seven
- Average Sales Price: $1,244,100
- Average Sales Price Over Asking Price: 101%
For many of us, buying and selling a home is the biggest financial transaction of our lives. Accept nothing but the best, with
access to the finest
.
|
|
Kimberly & Daryl
Washington Fine Properties
1604 14th Street NW
Washington, DC 20009
|
|
|
|
|
|
|
