Happy Valentine's Day!
We hope this special day is filled with love and happiness for you and your loved ones.

We wanted to take a moment to share some positive real estate news with you. The housing market continues to thrive, with robust demand for homes in good condition and prime locations. Pending sales and showing activity both increased in January compared to December. Buyers who had been on the sidelines are showing eagerness to return to the market as rates dropped to their lowest levels since September.

  1. Strong demand: The demand for homes in Washington D.C. continues to rise, with many potential buyers eager to take advantage of the city's strong job market and cultural scene.
  2. Low inventory: Despite strong demand, the supply of homes in Washington D.C. remains limited at merely one month, creating a competitive market for buyers.
  3. Strong job market: The Washington D.C. metropolitan area boasts a strong job market, with a low unemployment rate and a growing number of new job opportunities. This is attracting many young professionals and families to the area.
  4. Growing economy: The local economy is also growing, with new businesses and industries moving into the city. This is creating a more vibrant and diverse economic landscape that is benefiting residents and home values alike.
 
Please enjoy our newsletter with extensive information on our local market and beyond, as well as auction highlights and news we find interesting. We look forward to seeing you soon and wish you a day filled with joy, health and lots of chocolate.

With love,
Sotheby's International Realty
2023 Luxury Outlook Report
TTR Sotheby's International Realty
2022 Annual Market Review
Bright MLS 2022 Housing Market Review

Featured Properties
927 N Street NW
Washington, DC 20001 
Four Artful Residences that redefine modern Urban Luxury.

OPEN HOUSE: Tuesday, February 14th 1-3pm
Active: Chase Flats
$7,500,000
5305 Connecticut Avenue NW
Washington, DC 20015 
New construction 10-unit multi-family delivered vacant.
Active: The Columbia
$1,395,000
2425 L Street NW Residence 741 
Washington, DC 20037
Spectacular corner residence at The Columbia that checks all the boxes for the most discerning buyers.
Active: The Metro
New Price $749,000
1444 Church Street NW Residence 207
Washington, DC 20005
Enjoy your dream life at this stylish, modern, and newly renovated condo at The Metro.
Sold: Ritz Carlton Residences
$3,950,000
1111 23rd Street NW Penthouse 3A
Washington, DC 20037
Under Contract: Amaris
$3,200,600
601 Wharf Street NW Penthouse Six
Washington, DC 20024
Under Contract: New Development in Wesley Heights
$4,000,000
4439 Cathedral Avenue NW
Washington, DC 20016
Lunch & Learn
Our LENOX Lunch and Learn was so much fun! We are so grateful to the wonderful speakers, all the agents that participated and to the fabulous development team who built these gorgeous homes. You should come see for yourself! 
DID YOU KNOW? Single Women Own More Homes Than Single Men In The US!

Homes Owned and Occupied By:
Single Women - 10.76 Million
Single Men - 8.12 Million
Visit The Sotheby's Valentine's Day Shop
A luxury handbag, an exquisite jewelry piece or a designer watch is always right in our specialists’ book. Choose a memorable gift from our curated selection.
Diversity, Equity, and Inclusion
Celebrating Black History Month
Intentional Way's to Celebrate Black History Month
How February Became Black History Month
DID YOU KNOW? DC is the most luxury-obsessed area in US?

Google Trends data was analyzed to discover the level of interest in each area for multiple search terms including "luxury vacation", "luxury jewelry" and "luxury hotels." 

The new research identified what the company says is the top 10 most luxury-obsessed areas in the U.S., with Washington, D.C. earning the top spot with an average luxury score of 78.71.

Not only did it take the top spot overall, but it earned a score of 100 for several search terms, including luxury apartments, hotels, brands and vacations.
Suggested Reading
Follow Us For All Things DC Real Estate
Kimberly Casey
Senior Vice President
202-361-3228
© 2022 TTR Sotheby's International Realty. Sotheby's International Realty and the Sotheby's International Realty logo are registered service marks used with permission. Each office is independently owned and operated. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers, we are happy to collaborate and cooperate fully. TTR Sotheby's International Realty is a real estate brokerage licensed in Washington, D.C., Maryland, and Virginia.