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May 2010 Real Estate Market Report for Alexandria Zip Code 22314

The May 2010 Real Estate Market Report for Alexandria’s 22314 area is interesting.  The number of sales, 25, is identical to May of 2009, the days on the market more than doubled from 57 in 2009 to 133 in 2010 but prices are up by 12 percent.

All in all, we’ll take an increase in price anytime.

Remember that each sales cycle has its own peculiarities and should always be looked at in a larger context.

For more information on any of these sales – or on available properties in the area now – give me a call at 703.927.4554.

May
Old Town Alexandria 22314
2009
2010
Av. List Price
$724,180
$883,187
Av. Sold Price
$700,136
$795,316



Low List Price
$360,000
$449,900
Low Sold Price
$392,811
$415,000



High List Price
$1,250,000
$1,899,000
High Sold Price
$1,175,000
$1,650,000



# of Home Sales
25
25
Av. Days on Market
57
133

Michael

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