Rent Real EstateFalls Church, Virginia Real Estate Capitalizes On Washington D.C.
Historical Falls Church, Virginia continues to be a popular relocation destination for those who wish to live within 10 minutes commute to Washington, D.C.
"In 1743, the Church of England named its house of worship here "Falls Church" after the falls in the Potomac River," says Realtor George W. Cox. "Falls Church became a city in 1948. This quiet, residential municipality now boasts a business district and shopping centers. Home sales in this area average $135,000 for condos and $450,000 for single family homes."
About the market, Cox says, "Sales volume continued to surpass last year"s numbers, but only by three percent for July, a slow down from the 22 percent difference between June 2004 and June 2003. Prices however continued their uphill climb with an average sales price of $454,341 this month compared to $373,454 in 2003, an increase of 22 percent. Inventory is leveling out at just one percent below this time last year."
"The Falls Church housing market continues to be strong," says Realtor Evan Lacopo. "Single family homes, townhouses and condos range in price from $250,000 all the way up to several million dollars. There is new construction as well as beautiful historic homes. Residents of Falls Church are close to Washington and just minutes to Tysons Corner. Literally every amenity can be found here."
"Located just west of the nation"s capitol, " says Realtor Holly Woodworth, "Fairfax County, including the Greater Falls Church area, is just close enough to allow quick commutes to and from work, yet far enough removed to avoid big city congestion. State Route 29 (Lee Highway) and Rt. 7 (Leesburg Pike) intersect in the center of the City of Falls Church, linking it to all points of the compass. Interstate 66 and route 50 (Arlington Blvd.) circumvent the city as well.
Woodworth explains, "The economy and business environment in The Greater Falls Church area are stronger than ever. The region"s economic foundation is a core of national and international high-tech firms, offering more high-tech employment opportunities with generous compensation throughout Fairfax County. Falls Church is at the center of a bustling employment and retail corridor that includes Tysons Corner, Seven Corners and Baily"s Crossroads. The combined economic strength of these locations make them prime candidates for business relocation and investment.
"Tysons Corner is a business district with more office space than many large metropolitan areas," she continues, "and has a predominantly white-collar workforce. The Greater Falls Church area has one of the most highly skilled and educated work forces in the nation. Over half of all those employed are college educated and most are in professional, managerial, clerical and skilled craft positions.
"The more than 150,000 residents that call this region of Virginia home; they live in a variety of beautiful dwellings, representing many different owner tastes," says Woodworth. "Architectural styles range from quaint colonials, comfortable Cape Cods and gorgeous Georgians, to pristine Plantation-style originals. Falls Church and surrounding communities have a host of single-family homes and multi-family units. Most all properties located inside of the capital beltway have been selling in record times. Buyers are forced to make full price offers and often pay more then asking price to get their contracts accepted."
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