As of today, November 11, 2007, there are 476 condos on the market in Alexandria, Virginia. This represents 56% of the total inventory of homes currently available in the City of Alexandria. During the month of October, 75 Alexandria condos sold, a slight increase from the 63 sales in September.
In the first 10 months of the year, 900 condos sold in Alexandria, equating to a current supply of between 5.25 and 6.33 month supply of condos at the current absorption rates. That represents a relatively balance market.
The chart below shows the inventory of condos at some of the more popular condominium complexes in Alexandria:
Learn more about some of these popular condominium communities:
Here's a very important article that you should read if you plan on purchasing or selling a condo in Northern Virginia:
Current average prices in Alexandria:
1 BR Condos -- 155 available, average price $262,855
2 BR Condos -- 256 available, average price $340,697
3 BR Condos -- 49 available, average price $496,781
Find our more about condo prices in Alexandria: Condos in Alexandria: How Much Do They Cost?
Thank you for reading my blog post. If you like what you’ve read, then please: