June 2010 Real Estate Market Report for Old Town Alexandria in Zip Code 22314
July 20th, 2010 Categories: Market Reports
The June 2010 Real Estate Market Report for Old Town Alexandria in Zip Code 22314 shows gains in both the number of sales and the sales price.
June 2009 had 36 sales with an average price of $664,250 while June 2010 saw 44 sales with an average price of $744,273. This is a nice 12% jump in prices for June year-to-date and an almost 20% jump in the number of sales.
In all fairness, a $77,000 sales in June 2009 (for a garage) brought the average sales down quite a notch. Still, the market is moving and with home prices going up consumers are feeling more confident.
| June Old Town Alexandria 22314 |
2009 |
2010 |
| Av. List Price |
$693,293 |
$769,346 |
| Av. Sold Price |
$644,250 |
$744,273 |
| Low List Price |
$77,000 |
$399.000 |
| Low Sold Price |
$77,000 |
$397,000 |
| High List Price |
$1,345,000 |
$2,450,000 |
| High Sold Price |
$1,200,000 |
$2,100,000 |
| # of Home Sales |
36 |
44 |
| Av. Days on Market |
46 |
53 |
For detailed information on any of these transactions or for information on properties in zip code 22314, call me at 703.927.4554.
Michael
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