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Alexandria Real Estate Market Report for Del Ray – December 2009

January 7th, 2010 Categories: Del Ray, Market Reports

The Alexandria Real Estate Market Report for Del Ray – December 2009 – shows a slight decrease in the number of houses sold compared to December 2008.  But, more significantly, there was a 10.5 percent increase in the average sales price.

There was also a significant drop in the average number of days on the market (DOM) from 69 in December 2008 to 21 in December 2009, a 30 percent difference. 

This tells us that sellers are setting realistic prices and buyers are ready and willing to move fast when they find what they want.

For more detail on any of the numbers in this edition of the Alexandria Real Estate Market Report for Del Ray, call me at 703.927.4554 and let’s talk houses.

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This entry was posted on Thursday, January 7th, 2010 at 4:08 pm and is filed under Del Ray, Market Reports. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

  1. Steve Beam said at January 7th, 2010 at 10:31 pm

    Oh yes-I do like the google spreadsheet. Nice, short and sweet market report.

    Looks like your market is in much better spot than the Denver area market. We are coming back but the average days on market is well over 120.

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