How much is your condo worth per square foot? (Image: Washington City Paper.)
Ruth Samuelson at Washington City Paper has a story this week on the price of condominiums by square footage in different D.C. neighborhoods. This is from her blog posting, which links to the full story (“That Erie Feeling”):
For my story this week, I briefly chatted with William Rich, Vice President of real estate research firm Delta Associates, based in Alexandria. We discussed the price-per-square-foot of condos in some of the District’s hottest neighborhoods. Since most of the information didn’t make it in the piece, I thought I’d share here*:
City Average:$510
Adams Morgan/U Street area:$500
Penn Quarter/Thomas Circle area:$635
Mount Vernon Triangle/Mount Vernon Square:$530
Georgetown/West End/Dupont area:$750 to $850
Read entire posting (with link to story).
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