Annandale Virginia Real Estate Sales Market Report for October 2009

MyFairfaxCountyRealEstate.com

 October 2009 Annandale Real Estate Sales Market Report

Summary:

In October, Annandale condos are 60% distressed.  This number is higher than any other condos in any other fairfax county city.   Homes are still selling, but inventory continues to be low. 

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

Single Family Homes Annandale

• Sold Annandale Homes in October 2009: 33 homes
• Average Sold Price: $422,539
• Median Sold Price: $431,500
• Homes sold for about: 97.8% of asking price
• Average Days on Market: 63 days 

Out of the 33 Annandale home sales in October - 9 (27%) were distressed (foreclosure, bank owned, short sale).

Townhomes in Annandale

• Sold Annandale Townhomes in October 2009: 11 homes
• Average Sold Price: $271,090
• Median Sold Price: $250,000
• Homes sold for about 103.3% of asking price
• Average Days on Market: 41 days

Out of the 11 Annandale townhomes that sold in October - 8 (73%) were distressed (foreclosure, bank owned, short sale).

Condos in Annandale

• Sold Annandale Condos in October 2009: 26 homes
• Average Sold Price: $146,688
• Median Sold Price: $124,500
• Homes sold for about 100.3% of Asking price
• Average Days on Market: 30 days

Out of the 26 Annandale condos that sold in October - 17 (65%) were distressed (foreclosure, bank owned, short sale).


Annandale zip codes - 22003

  Email: natejohnson@kw.com

703-725-2929