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This report compares sales in a sampling of condominiums and co-operatives in the Washington area since mid October of last year. It focuses on the average sales price in mid-rise and high-rise buildings and complexes. The units represented have 1,000 or more square feet, at least two bedrooms, and sold for over $700,00. A few of the buildings included in this survey have units with similar criteria that sold for less than $700,000; those units are not included in this report. Garden and townhouse condo communities and large single-family homes converted into units of comparable size and configuration to the units represented here are not included.
In several of the areas identified, a number of new buildings are nearing completion or are under construction, expanding the market to meet demand. If you have any questions, let me know.
Numbers in parentheses represent number of units sold
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