North Arlington Market Update
If you are looking to buy or sell real estate in Arlington, Berkshire Oakwood, as it is known in the MLS, is a neighborhood worth noting. It encompasses most of the Northwestern portion of Arlington County. There are several different Civic Associations which are a part of Berkshire Oakwood, and you never really hear anyone talk about it by this name in the MLS, usually just by school district, or “near East Falls Church Metro” or “West end of Arlington”.
We have the Williamsburg Civic Association and the Arlington East Falls Church Civic Association which feed into Berkshire Oakwood. It includes zip codes 22207 and 22213. There is some inconsistency in the Arlington County tax records, regarding neighborhood names. Some small subdivisions go by names such as Minor Hill and Heather Heights, but Berkshire Oakwood is pretty constant.
This suburban part of North Arlington enjoys close proximity to the W&OD trail, the Metro, Spout Run, 495, Chain Bridge and 66. It also feeds into sought-after elementary schools such as Nottingham and Tuckahoe, Williamsburg Middle School as well as Yorktown High School. Berkshire Oakwood, along with being a quick drive or metro stop away from all the action of Ballston and Clarendon/Courthouse, also provides easy access to Falls Church City and Tyson’s Corner, the former being only about a mile away and latter being reachable via car in about 10 minutes or so.
The real estate activity in Berkshire Oakwood, near the East Falls Church metro in Arlington, Virginia was strong in 2009. 52 houses sold in this part of North Arlington between January 1 and December 31 of 2009. The average sales price in 2009 for detached homes was $765,574, ranging from $499,000 for a one level Rambler style home on Sycamore Street to $1,538,000 for new construction on N. 28th Street. The average days on market for this neighborhood was 78 and the houses, on average, sold for 96.9% of current asking price. These are down a bit from 2008, but not dramatically: 58 houses sold here in 2008, high price of $2,038,000 for new construction on N. Somerset Street to a low price of $525,000 for a fixer upper rambler on N. 25th Street.
The styles of homes here range from 3 Bedroom Colonials, Ramblers and Capes. Many of the Ramblers have been razed and new construction exists on many of the streets. The new construction homes range from $1,010,000 to $1,538,000.
I live and work in this neighborhood and know the schools and streets very well. I sold 3 houses in this neighborhood last year and can tell you if you are thinking about selling, buyers love it here and are out there looking for listings. 24% of the inventory in North Arlington sold since January 1, 2010. If you are thinking about selling, feel free to contact me for an evaluation of your home.
Here are some of the homes I sold in Berkshire Oakwood last year, as well as all the ways to contact me and learn more about how I can help you sell your house in North Arlington.
Coral Gundlach, Realtor, CRS
cgundlach at mcenearney dot com