Housing prices in the Washington, DC metropolitan area have reached their highest prices since 2006, according to Urban Pace’s end-of-the-year housing market report. At the same time, housing inventory growth declined last year and is down more than 60 percent from its 2007 peak.
Three condominium communities in Washington, DC, all marketed and sold by Urban Pace, took top awards in Delta Associates’ 19th Annual Mid-Atlantic Multifamily Awards competition. This long-running awards program recognizes regional excellence in new multifamily housing.
The latest new condominium development to deliver in Washington, DC’s burgeoning 14th Street corridor offers striking modern design and unique, upscale finishes just steps from Meridian Hill Park.
Located at 1436 Chapin Street, NW, Banneker Hill’s seven condominium homes are custom designed for individualists who appreciate sleek, minimalist design in a boutique property.
One of the oldest structures in Washington, DC is nowthe city’s newest condominium residence. The Maples’ 19 unique homes, located just steps from historic Eastern Market in the heart of Capitol Hill, are scheduled to deliver by the end of the year. Urban Pace, Washington’s leading condo sales and marketing firm, already has presold 70 percent of the project at an average of $725 per square foot – some $200/SF higher than expected, setting a neighborhood record.