As we look back on 2017, we have not only been analyzing our own data, but what has occurred in the past year throughout our market. It is clear that once again, a truly local firm is the dominant player in luxury home sales. Washington Fine Properties had its best year ever as a firm and remains the leader in the luxury market.
It’s clear that the access to information and the city’s top group of agents is what sets Washington Fine Properties apart. Of the top to most expensive home sales last year, five spent zero days on the market. This means they were Private Placement offerings or sold to bids before they were able to reach market.
The best way to achieve the most successful results is to work with a firm and agent who has access, whether you are a buyer or seller.
Here is some more interesting data from 2017 …
Participation in the Top 10 Sales by Firm
Of those rankings 20% of sales were condos while 80% were fee simple homes.
The neighborhoods with the highest sales were:
1 – Woodley Park
1- Cleveland Park
1- Kalorama
2- Georgetown
1- Phillips Park
4- Massachusetts Avenue Heights
Some more numbers from Washington Fine Properties:
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