March 2010 Real Estate Market Report for Old Town Alexandria in Zip Code 22314
April 12th, 2010 Categories: Old Town, Real Estate News
The March 2010 Real Estate Market Report for Old Town Alexandria in zip code 22314, shows an increase of 20 percent in the number of sales from March 2009 to March 2010 and an increase of 15 percent in the average sold price for the same time period.
The number of days on the market (DOM) was virtually the same with both in double digits – a nice change from some of the triple digit DOM of last year.
Overall, the March numbers look strong and, together with a upswing on Wall Street, the next few months should be busy for buyers and sellers.
The numbers below represent sales of single family dwellings, condominiums are not included.
| March – Old Town 22314 |
2009 |
2010 |
| Av. List Price |
$617,472 |
$711,088 |
| Av. Sold Price |
$596,508 |
$696,396 |
| Low List Price |
$299,990 |
430,000 |
| Low Sold Price |
$265,000 |
$430,000 |
| High List Price |
$1,299,000 |
$1,495,000 |
| High Sold Price |
$1,265,000 |
1,387,000 |
| # of Home Sales |
20 |
25 |
| Av. Days on Market |
71 |
67 |
Want to know more about properties in Old Town? Give me a call at 703.927.4554.
Michael
P.S. – Check out the Alexandria House and Garden Tour this weekend – it’s a great way to get a feel for Old Town properties.
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