Buy Alexandria Real Estate: July 2007

Alexandria Virginia Real Estate Blog

Alexandria Virginia Homes Inventory

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 account Alexandria's large inventory of condos) and that homes spent only 59 days on the market compared to an average 68 days in neighboring Fairfax County.

As of July 27th, there are 858 homes on the market in Alexandria.  Considering that 229 Alexandria homes sold in the last 30 days, this equates to a 3.7 month supply of homes in Alexandria, genuinely shifting back to more of a seller's market, even as other local areas really struggle with sales.

 

 

 

                                                                         Cobblestone alleyway in Old Town                                                                                                                 Alexandria

 

Alexandria Virginia Single Family Homes 

129 Single Family Homes are on the market in Alexandria at an average price of $975,140.

The largest concentration of homes are in the following Alexandria neighborhoods:

Beverly Hills -- 8 homes available -- Average price $862,238

Braddock Heights -- 7 homes available -- Average price $1,032,000 -- this is a bit skewed for the neighborhood because of one home on the market listed at $2,195,000.  Without this home the average price for the neighborhood would be $838,167.

Del Ray -- 13 homes available -- Average price $725,745

Oak Grove -- 7 luxury homes currently under construction -- Average price $2,315,200 -- this new cluster of homes is at the corner of Seminary Road & Janney's Lane.

Rosemont & Rosemont Park -- 13 homes available -- Average price $853,462 

Seminary Valley -- 5 homes available -- Average price $546,600

FIND A SINGLE FAMILY HOME IN ALEXANDRIA 

Alexandria Virginia Townhouses 

 227 Townhouses are on the market in Alexandria at an average listing price of $722,331.

The highest concentration of townhouses are in the following Alexandria communities:

Cameron Station -- 21 townhouses -- Average price $599,910

Chatham Square -- 5 townhouses -- Average price $903,800

Del Ray -- 6 townhouses -- Average price $464,100

Fords Landing -- 5 townhouses -- Average price $1,946,000

Hume Springs -- 8 townhouses -- Average price $344,387

Lynhaven -- 9 townhouses -- Average price $393,283

Old Town -- 32 townhouses -- Average price $1,009,744

Old Town Green -- 6 townhouses -- Average price $763,983

Potomac Greens -- 11 townhouses -- Average price $920,303

Stonegate -- 15 townhouses -- Average price $647,713

Townes at Cameron Parke -- 8 townhouses -- Average price $526,600

Warwick Village -- 5 townhouses -- Average price $433,140

Yates Gardens -- 6 townhouses -- Average price $812,583

FIND A TOWNHOUSE IN ALEXANDRIA

Alexandria Condominiums

 More than 400 condos are on the market in Alexandria:

200 Garden Style condos (1-4 floors) at an Average price of $332,525

36 Mid-Rise condos (5-8 floors) at an Average price of $317,247

201 High-Rise condos (9+ floors) at an Average price of $332,525

FIND AN ALEXANDRIA CONDO 

 

 

 

 

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Comment balloon 1 commentBrian Block • July 27 2007 05:19PM
Alexandria Virginia Homes Inventory
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