Today we are looking at the March 2011 Housing Prices in Zip Code 22314 which includes Old Town Alexandria and Potomac Green. (These numbers do not include condominium sales.)
The first thing that struck me about this chart was the consistency in the number of sales over a five year period. Prices and days on the market have been up and down but the number of sales has held steady.
March
|
Zip Code 22301 |
No. of Homes Sold |
Average List Price |
Average Sold Price |
Days on Market |
|
Mar 2011 |
26 |
$668,228 |
$654,935 |
70 |
|
Mar 2010 |
25 |
$771,088 |
$695,396 |
67 |
|
Mar 2009 |
20 |
$517,472 |
$596,508 |
71 |
|
Mar 2008 |
20 |
$692,560 |
$670.345 |
94 |
|
Mar 2007 |
25 |
$787,704 |
$740,040 |
140 |
As always, each month’s sales are dependent on multiple factors including the amount of inventory, the number of priced-to-sell homes, the number of qualifying buyers, etc. etc.
For more information on properties in Old Town Alexandria, give me a call at 703.927.4554.
Michael
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