Washington DC Real Estate BlogRecently posted or modified blog posts in the category - Berkleyhttps://www.dccondoboutique.com/blog/Copyright DCCondoBoutique.com2021-07-06T13:48:22-07:00tag:dccondoboutique.com,2012-09-20:10080Berkley Offers Green Spaces Amid Iconic Embassies and Educational Institutions<img src="https://assets.site-static.com/userfiles/2999/image/berkley_home.jpg" width="600" height="400" />
Surrounded by parks on three sides, the Berkley neighborhood not only offers desirable green space, but also iconic embassies and educational institutions. This suburban neighborhood is situated in DC’s Northwest quadrant, and despite its pricey real estate, remains relatively unknown to many outside of the region.
With Wesley Heights Park to its north, Battery Kemble Park to its west and nearby Glover-Archbold Park just a stroll away, you’ll find no lack of green space in this enviable DC neighborhood. The location naturally isolates the homes of Berkley from some of their more urban counterparts.
While primarily a residential neighborhood, it just so happens <a href="https://www.dccondoboutique.com/berkley/">Berkley</a> is also home to the Embassy of Germany and its home to the Mt Vernon campus of George Washington University. At one time, Berkley was even considered as a location for the official home of DC’s mayor.
While that never came to be due to some pushback from area residents and activists, the wealthy enclave of Berkley still seems to attract a number of upscale buyers. This affluent DC neighborhood also offers some impressive city views.
Several multi-million-dollar homes sit in the Berkley neighborhood, including some even topping $15 million. Many of the homes currently on the market include at least five bedrooms, with some of them easily topping 10,000 square feet of living space.
Designed for upscale living and entertaining, you’ll find a number of Colonials, Tudors and even Victorian-style homes in the neighborhood. In fact, the homes of Berkley offer excellent curb appeal, with well-designed homes and landscaping elegantly tucked away in one of DC’s most delightful neighborhoods.
Some of the most stunning homes are newer construction designs, with additions including private elevators, wine cellars, swimming pools and multiple outdoor terraces. While a bit more secluded than some of the city’s other neighborhoods, Berkley sits close to nearby communities including The <a href="https://www.dccondoboutique.com/palisades/">Palisades</a> and <a href="https://www.dccondoboutique.com/foxhall/">Foxhall</a>.2021-07-06T13:32:00-07:002021-07-06T13:48:22-07:00Mark Washburntag:dccondoboutique.com,2012-09-20:9473Million Dollar DC Neighborhoods <img src="https://assets.site-static.com/userfiles/2999/image/uploads/agent-1/berkley_home.jpg" alt="berkley - washington dc" width="600" height="400" class="img_box_center" />
Home prices are on the rise in the DC area, as more neighborhoods pass the million-dollar mark. Consistently you’ll find around 10 or so million-dollar neighborhoods in DC, where homes all average prices above $1 million.
Some neighborhoods are even higher than that. Last year the <a href="https://www.dccondoboutique.com/spring-valley/">Spring Valley</a> neighborhood had a median sale price of around $1.8 million, a big jump over last year. Large homes are the norm in this neighborhood of politicians, media personalities and Washington elite.
The <a href="https://www.dccondoboutique.com/berkley/">Berkley</a> neighborhood also topped the list for 2019 with a median sale price topping $1.6 million. Nearly surrounded by parkland, the affluent neighborhood is also one of the most exclusive.
Other million-dollar neighborhoods in DC include <a href="https://www.dccondoboutique.com/kent/">Kent</a>, <a href="https://www.dccondoboutique.com/georgetown/">Georgetown</a>, <a href="https://www.dccondoboutique.com/american-university-park/">American University Park</a>, <a href="https://www.dccondoboutique.com/chevy-chase/">Chevy Chase</a> and <a href="https://www.dccondoboutique.com/north-cleveland-park/">North Cleveland Park</a>. In most of these locations the median sold price increased year-over-year, and homes are selling very close to the list price, or even higher.
That’s reflected in such neighborhoods as AU Park, Chevy Chase and North Cleveland Park. While some neighborhoods have seen a slight dip in the sold price year-over-year, it’s generally not that big of a change.
With a median sales price above $2 million, Massachusetts Avenue Heights has routinely been named one of the city’s most expensive neighborhoods, as well. The high prices, though, often mean that homes sit on the market for longer periods of time in this neighborhood than in other DC neighborhoods.
There are often fewer home sales reported in such areas. Still, there are some million-dollar DC neighborhoods where homes routinely go fast, and barely sit on the market for a week.
Of course, there are other DC neighborhoods that just missed making the million-dollar cut, with median sale prices just below $1 million. For 2019 the neighborhoods of <a href="https://www.dccondoboutique.com/palisades/">Palisades</a> and <a href="https://www.dccondoboutique.com/burleith/">Burleith</a> came in slightly below the million-dollar mark.<br /><br />Related Links<a href="https://www.dccondoboutique.com/dc-luxury-condos/" target="_blank">DC Luxury Condos</a><a href="https://www.dccondoboutique.com/dc-condos-with-doormen/" target="_blank">DC Condos with Doormen</a><a href="https://www.dccondoboutique.com/dc-newly-renovated-condos/" target="_blank">Newly Renovated DC Condos</a>2020-02-03T11:49:00-07:002021-05-11T03:04:40-07:00Mark Washburn