Alexandria Real Estate Market Report for Del Ray, Rosemont and Temple Park
March 21st, 2010 Categories: Del Ray, Market Reports
The February 2010 Alexandria Real Estate Market Report for Del Ray, Rosemont and Temple Park – those neighborhoods in zip code 2301 – show a marked improvement over the same period in 2009.
Although the number of sales is down 33%, from 9 in 2009 to 6 in 2010, the average sold price is up 18% for the same time period. The days on market (DOM) made an even stronger showing, dropping from 84 in 2009 to 28 in 2010. All this despite the weeks of snow that brought the market to a virtual stand still here in Alexandria.
It will be interesting to see what happens with the March numbers. Open houses were rampant this weekend with buyers and sellers ready to make a move. As always price is key.
The numbers below represent sales of single family dwellings, condominiums are not included.
| February (22301 zip) |
2009 |
2010 |
| Av. List Price |
$540,367 |
$637,083 |
| Av. Sold Price |
$619,589 |
$630,750 |
| Low List Price |
$299,900 |
$435,000 |
| Low Sold Price |
$285,000 |
$406,000 |
| High List Price |
$825,000 |
$885,000 |
| High Sold Price |
$792,000 |
$886,000 |
| # of Home Sales |
9 |
6 |
| Av. Days on Market |
84 |
28 |
Want to know more about available properties in the Del Ray, Rosemont and Temple Park neighborhoods? Give me a call at 703.927.4554 and let’s talk.
Michael
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