Alexandria Real Estate Market Report for Del Ray – January 2010
February 19th, 2010 Categories: Del Ray, Market Reports
The real estate market report for Alexandria’s Del Ray neighborhood presents some interesting figures. With just five sales in January 2010 - compared to 3 in January 2009, it seems that the first off the year is off to a slow start.
The average house price is down 8.5 percent from $590,333 in 2009 to $506,400 in 2010. The good news in all this? The average days on market is down from 96 in 2009 to 19 in 2010, a decrease of almost 20 percent.
As tempting as it is to see this month’s market report as less than encouraging, I would urge you to remember that the listing prices do not readily tell us anything about the size, condition or location of the property.
If you would like those details, as well as other specific information about the market, please call me at 703.927.4554.
Check back in the next few days for real estate market reports for Old Town Alexandria and Potomac Greens.
Michael
; ?>/images/MatoChiclet.gif)
