Clarendon and Lyon Park at Premium Prices

January 24, 2014

Home buyers on the hunt for a place in the Clarendon and Lyon Park neighborhoods will be paying a premium for square footage, according to recent data.

Over the last few weeks, UrbanTurf has looked at the zip codes in DC proper and Maryland where the premium for square footage was the highest in 2013. In the last part of the series, we examined the priciest zip codes in Virginia.

The five zip codes of 22201, 22207, 22205, 22209 and 22301 posted the highest average price per square foot sales in Virginia last year. The zip codes represent almost every Virginia neighborhood within a few miles of DC. The 22201 zip code is at the top of the list ($528/square foot) followed by the zip codes that include Cherrydale ($505), Westover ($503) and Del Ray, where home prices jumped 16.3 percent between 2012 and 2013.

It is important to note that for this article we were provided with average rather than median prices per square foot, so the figures could include outliers on either end of the market that sway the average.

As published in Urban Turf – 1-24-14 – Lark Turner

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