Alexandria Virginia Real Estate Sales Market Report for October 2009

MyFairfaxCountyRealEstate.com

 October 2009 Alexandria Real Estate Sales Market Report

Summary:

In October, Alexandria continues to have the most homes on the market and sell the most homes out of any city in Fairfax County. Along with that comes very high distressed property numbers. Which is great for buyers.

Contact us if you are thinking about buying or selling in Alexandria

Single Family Homes Alexandria

• Sold Alexandria Homes in October 2009: 96 homes
• Average Sold Price: $461,387
• Median Sold Price: $435,000
• Homes sold for about: 98.5% of asking price
• Average Days on Market: 76 days 

Out of the 96 Alexandria home sales in October - 27 (28%) were distressed (foreclosure, bank owned, short sale).

Townhomes in Alexandria

• Sold Alexandria Townhomes in October 2009: 81 homes
• Average Sold Price: $357,188
• Median Sold Price: $360,000
• Homes sold for about 99.2% of asking price
• Average Days on Market: 38 days

Out of the 81 Alexandria townhomes that sold in October - 20 (25%) were distressed (foreclosure, bank owned, short sale).

Condos in Alexandria

• Sold Alexandria Condos in October 2009: 52 homes
• Average Sold Price: $186,931
• Median Sold Price: $196,000
• Homes sold for about 98.8% of Asking price
• Average Days on Market: 55 days

Out of the 52 Alexandria condos that sold in October - 22 (42%) were distressed (foreclosure, bank owned, short sale).

Alexandria zip codes -22303, 22306, 22307, 22308, 22309, 22310, 22312, 22315

  Email: natejohnson@kw.com

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