The Dresden Condo
The Dresden Condo

The Dresden Condo Real Estate

Homes for sale in Washington, DC's The Dresden Condo

Guide to The Dresden Condo

One of the most elaborate and stylish buildings in the area, the Dresden is a popular address in the Georgetown neighborhood of Washington, DC. Delivered to the public in 1901 and converted to condos in 1974, the Dresden offers 62 units known as some of the most spacious and traditional floor plans in the district. Commanding views are made easier by wall-to-wall windows and towering ceilings. The 7-floor building also includes original parquet floors, crown moldings, custom cabinetry, hardwood floors, and granite countertops amid the gourmet kitchen. Building amenities range from extra storage units, a tremendous rooftop garden, a staffed front desk, and reserved parking.

The pet-friendly building is also within equal distance to the Woodley Park-Zoo Metro station and the Dupont Circle location—with both running on the Red Line of the Washington Metro system. Connecticut Avenue links the two stations together and acts as the most used route in the community. If you’re interested in using the bus, Metro also operates numerous bus stops along the way as well. Ruth’s Chris Steak House is a notable restaurant located off Connecticut Avenue. This outpost offers sizzling, butter-topped beef in a very elegant setting and is a bustling area during the weekends. Board Room is down the street and is a more casual venue while other restaurants and watering holes to consider are Nora, Russian Room, Sette Osteria, and La Tomate. 

Real Estate Market Stats

Basic Stats Overview

Data Source: MRIS Listing Data, Last Updated: 10/23/2021
Homes for Sale 1 0.0% -100.0%
Months Inventory 3.00 0.0% -100.0%
Contracts Pending 1 N/A N/A
Solds: 90 Day 1 -100.0% 0.0%
Average List Price/Sold Price 97.91% +0.8% -1.7%
Active/Pending Ratio 1.00 N/A N/A
Average Price M/M Y/Y
Active $1,699,900 +58.9% +32.7%
Pending $699,000 N/A N/A
90 Day Sold $1,125,000 -16.4% +43.8%
Median Price
Active $1,699,900 +58.9% +32.7%
Pending $699,000 N/A N/A
90 Day Sold $1,125,000 -16.4% +43.8%
Days on Market
Active 23.00 +91.3% -193.5%
Pending 15.00 N/A N/A
90 Day Sold 54.00 +10.2% +77.8%

How Much is Available?

Data Source: MRIS Listing Data, Active Inventory
The number of The Dresden Condo homes listed for sale. Lower inventory favors sellers in negotiations.

How Many Months of Inventory?

Data Source: MRIS Listing Data, Months Inventory
The number of homes listed for sale in The Dresden Condo divided by the number of homes sold in one month. Higher inventory favors buyers.

More Actives or More Pendings?

Data Source: MRIS Listing Data, Active/Pending Ratio
Ratio of homes in The Dresden Condo listed for sale versus those under contract. The lower the number, the hotter the market.

Are Sellers Negotiating?

Data Source: MRIS Listing Data, List/Sold Ratio
Shows a comparison between the final sales price of homes sold in The Dresden Condo versus their list price.

What is Average?

Data Source: MRIS Listing Data, Average Sale Price (90 Days)
Average list price of homes for sale in The Dresden Condo

How Fast Are They Selling?

Data Source: MRIS Listing Data, Days on Market (Sold Listings 90 Days)
Average days from Listing Date to Sold Date for The Dresden Condo homes that sold in the past 90 days.