New record set with $7.9 million Chevy Chase condo sale

Looking for an indicator of how much Washingtons 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…

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