In the last three months, the Georgetown area has seen 59 townhomes, 47 condos, and 16 detached homes trade hands. Closing prices for townhomes range from $500,000 for a 885 square-foot, 2 bedroom, 1 bathroom, 3 level townhome in need of renovating, to $3,250,000 for a 3,784 square-foot, 7 bedroom, 5.5 bathroom, 4 level, 2-car garage townhome sold in as-is condition. For condos, closing prices ranged from $107,550 for a 520 square-foot, first floor efficiency, to $2,275,000 for a 2,603 square-foot, 2 bedroom, 3 bathroom, penthouse overlooking the Potomac River. The sales price detached homes ranged from $485,000 for a 480 square-foot, 1 bedroom, 1 bathroom home with renovated kitchen and bath, to $22,000,000 for a 10,000 square-foot, 9 bedroom, 6 full bathroom, 5 half bathroom, gated estate on 3.5 acres with a carriage house, guest house, green house, studio, and gazebo. The median number of days that a property was on the market was 37 days.
ZIP Code: 20007 Approximate Location Boundaries: Georgetown lies north of the Potomac river, just over the Key Bridge, Georgetown University lies to the west, Rock Creek Park borders the east, and Burleith and Glover Park are on the North side of Georgetown.
Location Characteristics: Georgetown is one of the oldest neighborhoods in DC, with homes dating back 200 years. The community boasts quaint brick sidewalks and several cobblestone streets that still have remnants of the old trolley car tracks. Today, Georgetown is a vibrant neighborhood with many high fashion stores and upscale bars and restaurants that line the main corridors of Wisconsin Avenue and M Street. Much of Georgetown is surrounded by parks including Montrose Park, Dumbarton Oaks, and Rock Creek Park, as well as the trails along the C&O Canal, providing abundant outdoor recreation for its residents and visitors.
About Katie Loughney:
Katie has been in the real estate industry for over 7 years and is licensed in both Virginia and the District of Columbia. In 1999, Katie received an MBA from The Kellogg School at Northwestern University and has a strategy consulting background. She is a highly motivated and very reliable Realtor who works with honesty and integrity. Katie's clients are her primary focus and her work is comprehensive and thorough. Having lived in the Washington DC metro area for 20 years, she has gained a strong knowledge of the neighborhoods and communities and always knows the current trends. Katie utilizes the latest technologies, market research and business strategies to meet your expectations. However, more importantly, she listens and that means she finds solutions that are tailored to you. For sellers, Katie will conduct a comprehensive market analysis to determine just the right list price and will execute a proven market strategy to sell your home. For buyers, she will listen to your needs and will diligently search and work with you until she helps find the right home. Please feel free to contact Katie with any of your real estate questions. If you are interested in joining her mailing list to receive a free monthly real estate newsletter, please email her at katieloughney@mris.com.
Education and Licenses: - Licensed in Virginia and Washington DC - REO Certified andSFR (certified Short Sale and Foreclosure Resource) - BA from Georgetown University - MBA in Management and Finance from Northwestern University, The Kellogg School - Board of Directors of AHOME (Arlington Home Ownership Made Easy)
Prior Work Experience: - IBM Global Business Services: Strategy Consultant and Knowledge Manager - PricewaterhouseCoopers: Strategy Consultant - Booz Allen Hamilton: Environmental Consultant
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
