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New record set with $7.9 million Chevy Chase condo sale
Looking for an indicator of how much Washington's high-end housing market has recovered since the recession? Look no further than the Parc Somerset condominiums in Chevy Chase.
An undisclosed buyer recently acquired the penthouse unit there for $7.95 million, or nearly $1,200 per square foot, which by most accounts is a record for residential condominiums in the region. The seller, Paul Elicker, paid $3.1 million, or roughly 151 percent less than the recent purchase price, for the 6,737-square-foot…
IN FOCUS TODAY
Thursday, May 23, 2013 - 4:50am
The taxpayers of Baltimore are about to front a developer $107 million in something called tax...
Wednesday, May 22, 2013 - 6:35am
WYPR's Fraser Smith and political consultant and columnist Laslo Boyd talk about how Baltimore...
Tuesday, May 21, 2013 - 4:44am
For Baltimore businesses, this is "Clean Your Files" day, part of the city's campaign to...