Buy Alexandria Real Estate

Alexandria Virginia Real Estate Blog

Alexandria Home Sales Slow Down a Bit in July

Whether it is because people are on vacation or it's just too hot to be out searching for homes, the number of homes sold in Alexandria in the month of July slipped from previous months.

 Total sales in Alexandria for July were 192 homes.

This is down from 238 in June, 220 in May, and 207 in April.

Single Family Homes:

27 single family homes sold in Alexandria in July 2007 at an average price of $838,437.

This is almost a 50% reduction in sales from the prior month of June when 52  single family homes sold at an average sales price of $858,151.

The most active Alexandria neighborhood for single family home sales in July was Beverley Hills.

Currently there are 130 single family homes on the market in Alexandria representing a 4.8 month inventory at July's sales pace.

 

 

Condominiums: 

92 condos sold in Alexandria in the month of July at an average sales price of $322,035.  

This represents just a slight decrease from June when 105 condominiums sold in Alexandria at an average price of $323,823.  So not much change in price month to month.

The most active Alexandria neighborhood for condo sales in July was Park Fairfax where 10 condos went to settlement during the month.

Currently there are 461 condos on the market in Alexandria, a 5 month supply at the current sales pace.

Townhouses: 

This is the one area of sales in Alexandria where prices are up and inventory is very tight.

72 townhouses sold In Alexandria in July at an average sales price of $604,143.  The number of sales is slightly down from June's 83 sales, but the average price is up $30K from June's average of $574,943.

The most active condominium sales areas in Alexandria for July were Cameron Station and Old Town Alexandria, with 7 and 10 townhome sales respectively.

Currently there are 214 Alexandria townhouses on the market, reflecting a tight supply of only 2.97 months inventory.

FIND YOUR HOME IN ALEXANDRIA 

 

Thank you for reading my blog post.  If you like what you’ve read, then please:

Follow, Connect, Watch, Subscribe

Follow Brian Block on TwitterBecome a Fan of Block Real Estate Group on FacebookConnect with Brian on LinkedInWatch Brian's Videos on YouTubeSubscribe to Brian's Blog

If you plan to purchase or sell a home in the Northern Virginia or D.C. area,
you can visit my main Northern Virginia & D.C. real estate website at www.VirginiaRealEstateNews.net.

START YOUR NORTHERN VIRGINIA HOME SEARCH TODAY!

Comment balloon 1 commentBrian Block • August 02 2007 09:53AM
Alexandria Home Sales Slow Down a Bit in July
share
Whether it is because people are on vacation or it's just too hot to be out searching for homes, the number of homes sold in Alexandria in the month of July slipped from previous months. Total sales in Alexandria for July were 192 homes. This is… more
Alexandria Virginia Homes Inventory
share
A Look at the Housing Market Inventory in Alexandria, Virginia Today's Washington Times article on "Charting the local market" reported that the median price of home sales in Alexandria for June was $485, 000 (this number takes into… more
"Condo Canyon" -- Landmark Area of Alexandria has Loads of…
share
“Condo Canyon” so called because of the multitude of large condo projects in a condensed area of West Alexandria offers many choices for today’s homebuyer. This interactive map shows the locations of the four main condos in the area (in… more
Cameron Station Market Update: Summer Sales in Premier Alexandria…
share
Cameron Station is one of the premier communities in Alexandria, Virginia. Summer sales have been strong. Currently there are 13 homes on the market. This includes 11 townhouses and 2 detached single family homes, priced from $569, 900 through.. more
Mid-July Market Update: Alexandria Virginia Zip Code 22304 Home Sales
share
More than halfway through the year, and halfway through July, it's time for an update on home sales and housing market inventory in Alexandria, Virginia Zip Code 22304 (the area where I live). In the last four months there has been a lot of… more
Kingstowne Inventory of Homes
share
Townhouses abound in popular Kingstowne area of Fairfax County The first home I ever sold was in the Kingstowne community of Fairfax County. Kingstowne is a popular planned… more
Del Ray, Alexandria: A Popular and Eclectic Neighborhood
share
April 09, 2007 A Little Bit about Del Ray, Alexandria: A Popular and Eclectic Neighborhood Del Ray, Alexandria is one of the more popular… more
Getting the Keys for Less: Alexandria and Arlington Homes for Under..
share
Getting the Keys for Less: Alexandria and Arlington Homes for Under $200, 000 What you can buy for under.. more
Northern Virginia Neighborhoods: An Introduction to Cameron Station,…
share
If you have ever driven up and down Duke Street through the West End of Alexandria, shopped at the new Harris Teeter grocery store at Shops at Foxchase, or taken your children to one of the many programs at the Charles E. Beatley Library across the… more
Single Family Home Inventory in Alexandria
share
Looking to buy a single-family home in Alexandria? As of this July 9, 2007, there are 115 single-family detached homes on the market in Alexandria City They range in price from $400, 000 up to $3, 450, 000 with an average listing price… more