This is the time of year where we all reflect on the past year and make plans for the FUTURE. We are more excited than ever for what the future holds and look forward to sharing in it with you in 2023. The real estate market in the DC Region remains strong because there are always people coming and going. Life events happen including marriages, babies and retirement, the job market is robust, and companies continue to attract new talent to our area. We actually do not have enough housing to support the projected population growth.

We love data so it is worth noting that in DC, 8,197 homes were sold through November. That many people had confidence in our market. In Montgomery County, it was 11,367, 13,662 in Fairfax County, 2,446 in Alexandria, and 2,676 in Arlington County. This is a total of 38,348 homes that traded hands this year through November. I am sure you know many people falling in this category that have made a change.

We are grateful every day for YOU, to have each other, and to practice real estate in a city we love. We would welcome the opportunity of serving you or someone you know embarking on a new chapter in 2023.

We take this role with pride, always committed to continual growth and learning so we can be our best selves in service to our clients. #GrowthMindset

Please enjoy our December newsletter – we had so much fun connecting with many of you over the past month.

May all the good things of life be yours in abundance over this holiday season and always.
Children's National Light Up the Season
To kick off the Christmas Season, we had the honor of supporting Children’s National & The Four Seasons Hotel, for Light Up the Season! It was a stunning success, and we were so happy to be a part of it.

Proceeds from Light Up the Season advances world-class pediatric care and research to find new treatments and cures. It supports critical medical equipment, improves the patient hospital experience, and provides for professional development of doctors, nurses, and hospital staff, as well as numerous initiatives to deliver healthcare to families in under-resourced communities.
TTR Sotheby's Christmas Masquerade Party at Waldorf Astoria
Grateful and proud to work with such an incredible brokerage with the most supportive leadership team at TTR Sotheby’s International Realty. We had so much fun celebrating with our colleagues at the Waldorf Astoria Hotel.
They are all strong examples of the TTR Sotheby’s Pillars: Leadership, Integrity, Service
Office Christmas Celebrations
We also loved celebrating in our offices as well. Both locations; Downtown and Chevy Chase, had Christmas Parties where everyone participated in donating to Toys for Tots while partaking in gift exchanges, Ugly Christmas Sweaters, and tons of holiday fares! 
KC Team Dinner Celebration
We could not get enough of the beautiful decorations and seeing our friends at the Four Seasons Hotel. We found ourselves celebrating our team at the Four Seasons’s infamous Bourbon Steak. It was a fantastic night to spend together in celebration of the season and a wonderful year.  
United States Capitol
Our visit to the United States Capitol was incredible! It was truly inspiring to read about the history of our nation, while simultaneously witnessing it happening via hearings, legislative movements and even a personal greeting from the Speaker of the House! 

Christmas With The Greens
Christmas with the Greens was created out of the spirit of authentic giving. Each year Mr. & Mrs. Green invite 200+ underserved children from local community organizations throughout the Washington, DC metropolitan area to attend an evening of fun with representatives from the business community, and other special guests.

Youth Life Foundation is a fiscally sponsored initiative of Players Philanthropy Fund, a Maryland nonprofit organization.
2022 Top Home Sales by Neighborhood
GEORGETOWN
3017 O Street NW
Sold for $11,500,000
3150 South Street NW #PH2C
Sold for $11,000,000
3304 R Street NW
Sold for $9,750,000
3122-3124 P Street NW
Sold for $9,500,000
KALORAMA
2405 Tracy Place NW
Sold for $5,000,000
2316 Kalorama Road NW
Sold for $4,325,000
2315 S Street NW
Sold for $4,25o,000
2131 Wyoming Avenue NW
Sold for $3,550,000
LOGAN & DUPONT
1717 15th Street NW
Sold for $3,828,000
1626 Riggs Place NW
Sold for $3,600,000
2013 Q Street NW
Sold for $3,360,000
1712 19th Street NW
Sold for $3,300,000
MCLEAN
1011 Turkey Run Road
Sold for $11,000,000
1165 Chain Bridge Road
Sold for $10,000,000
1012 Founders Ridge
Sold for $8,700,000
1000 Turkey Run Road
Sold for $8,250,000
BETHESDA
8503 Country Club Drive
Sold for $6,600,000
7011 Armat Drive
Sold for $5,690,000
7120 Fairfax Road
Sold for $5,150,000
7019 Natelli Woods Lane
Sold for $4,995,000
Characteristics of Home Buyers in 2022

First-time buyers made up 26%.

The typical first-time buyer was 36 years old this year, while the typical repeat buyer age climbed to 59 years. 

61% of recent buyers were married couples, 17% were single females, 9% were single males, and 10% were unmarried couples. This is the highest share of unmarried couples recorded.

Among first-time buyers, 18% of buyers were unmarried couples, and 5% were other household compositions. Both are the highest shares recorded.

14% of home buyers purchased a multigenerational home, to take care of aging parents, because of children or relatives over the age of 18 moving back home, and for cost-savings.

22% of recent home buyers were veterans and 1% were active-duty service members.

At 22%, the primary reason for purchasing a home was the desire to own a home of their own. For first-time buyers, this number jumps to 62%.
The Local Standard
Community Spotlight: Hillwood Estate, Museum and Garden
TTR Sotheby's International Realty is pleased to support amazing organizations such as Hillwood Estate, Museum and Garden. Experience the majesty of one of Washington, D.C.'s most iconic institutions this December at their newest exhibition, Grace of Monaco: Princess in Dior. 
Destination: Palm Beach
No matter where you are or where you want to be, The Kimberly Casey team has international reach so you can achieve your dream. 
10 Via Vizcaya 
$45,000,000
302 Via Linda
$19,995,000
308 Arabian Road 
$14,500,000
2100 S Ocean Boulevard, 308N
$9,500,000
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.