Thursday, October 30, 2008

Neighborhood Spotlight: Ashton Heights in Arlington VA

There are so many great neighboroods in North Arlington that it's hard not to have something good to say! Originally created around 1910, it's come a long way...in fact, it Ashton Heights was: Voted "Greenest Neighborhood in Arlington" for 2007. Located near the Ballston/Virginia Square Metro stations, it's right in the heart of Northern Arlington. See the map below for boundary locations: Glebe, Irving, Rt 50, Wilson, and 10th.


Taking a look at the past 6 months of sales in the area, we see the following:

4/1/2008 - 10/30/2008
# of Closed Sales: 13

Average Sales Price: $654,687
Range: $500,000 - $872,000

Average Days on the Market: 78


4/1/2007 - 10/30/2007
# of Closed Sales: 18

Average Sales Price: $814,584
Range: $525,000 - $1,380,000

Average Days on the Market: 59


It appears that these samples are very different. The sales price this time last year was higher, but the sample size was weighted heavily towards the upper end. The days on the market is consistent with the general North Arlington market - about 2.5 months.


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