Washington DC Condos
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Washington Condominiums, Cooperatives and Lofts Property Information
With lock and leave convenience and the pulse of the city at your feet, Washington DC condos are becoming the destination for empty nestors and young professionals alike. With over 150 new condo or loft developments over the past few years, choices are endless. Although many perceive the DC condo market as overvalued and over-saturated, sales figures remain healthy, especially in areas close to the Metro. Moreover, the front-end of baby boomer "downsizing" movement, is fueling demand for larger condo units, keeping this genre of the market robust.
Condo prices in Washington, D.C. vary dramatically. For instance, in NW Washington, D.C. you could find new construction in the "hot" Mt. Vernon Square area for as little as just under $500/sq. ft. and in other parts of this popular quadrant you could pay as much as $1000/sq. ft. And, like the sales prices, monthly condo fees also vary tremendously in Washington, D.C. These fees could be as little as a couple of hundred dollars a month for a "garden style" condo with street parking and no common amenities, to several thousand dollars a month for high end buildings with parking, concierge services, health clubs and even restaurant access. There's truly something for everyone!