Buy Alexandria Real Estate: Own a Piece of History in Old Town Alexandria

Alexandria Virginia Real Estate Blog

Own a Piece of History in Old Town Alexandria

George Washington slept in Old Town AlexandriaGeorge Washington slept here -- and so can you!  Own a piece of history in Old Town Alexandria.  It's been nine years since the City of Alexandria celebrated its Semiquincentennial (that makes it 259 years old, having been founded in 1749).  

George Washington Masonic MemorialResidents and visitors alike know Old Town Alexandria for its art galleries, antique shops, great restaurants, lively nightlife on King Street, the George Washington Masonic Memorial on Shuter's Hill, the Potomac River, and cobblestone alleyways.  At the eastern end of Old Town Alexandria lies the Torpedo Factory which was once an actual torpedo factory, now converted into artist's studios where they sell their crafts, paintings and sculptures.

Due to Old Town Alexandria's proximity to Washington, D.C., many trade associations, lobbying firms, and law firms have offices within the city's boundaries.  Newer offices, hotels, shops, and restaurants have recently been built on the West End of Old Town Alexandria in the Carlyle area, around Carlyle Tower condos and the U.S. Patent and Trademark Office which relocated to Old Town in 2005.

Residential housing in Old Town Alexandria ranges from brand new condominiums and townhouses such as those found at the Prescott Condominiums and Potomac Greens to much older historic townhouses and single family homes.  

Of the 198 homes currently on the market in zip code 22314 (which includes all of Old Town Alexandria), 24 are more than one hundred years old.  And, of those, 13 were built before the Civil War!   History buffs:  Imagine owning one of these old homes that have obviously stood the test of time!  They are available from $485,000 to over $3 million.

Old Town Alexandria historic townhouseAfter purchasing a historic home in Old Town Alexandria, you'll want to trot down to Gadsby's Tavern built in 1785 and still serving food and operating as a tavern today, and explore the adjoining museum.  Just down the street is the historic Lee-Fendall House also built in 1785 and operating as a museum and venue for private social functions.  

 

Recent home sales data for Old Town Alexandria:

 

 

December 2007

November 2007

% Change

Total Sold Dollar Volume

$29,527,987

$21,761,740

35.7%

Average Sold Price

$602,612

$557,993

8.0%

Median Sold Price

$525,000

$545,000

-3.8%

Total Units Sold

49

39

25.6%

Average Days on Market

79

74

6.8%

Average List Price for Solds

$651,187

$586,396

11.0%

Average Sales Price as % of List Price

92.54%

95.16%

 

Given that December is traditionally a slower time for real estate sales than November, home sales in Old Town Alexandria seem to be holding up pretty well.

 

Own a piece of history -- take a look at some of the available historic homes:

OLD TOWN ALEXANDRIA                  2 Bedroom 1 Bathrooms       $485,000      Built in 1815

OLD TOWN ALEXANDRIA                  3 Bedroom 2 Bathrooms       $749,000       Built in 1840

OLD TOWN ALEXANDRIA             3 Bedroom 2.5 Bathrooms     $995,000      Built in 1818

OLD TOWN ALEXANDRIA                 4 Bedroom 3.5 Bathrooms     $1,375,000   Built in 1816

OLD TOWN ALEXANDRIA                 5 Bedroom 2.55 Bathrooms   $2,250,000   Built in 1770

 

CLICK HERE TO RECEIVE MORE INFORMATION ON ALL AVAILABLE OLD TOWN ALEXANDRIA HOMES 

 

Brian Block        RE/MAX Allegiance        703-626-0715   

 

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Comment balloon 16 commentsBrian Block • January 22 2008 06:30PM

Comments

That should get some folks out.  I'm seeing a slight upturn in traffic, every so slight.  I'm anxious to see what the month of January looks like. 
Posted by Lenn Harley, Real Estate Broker - Virginia & Maryland (Lenn Harley, Homefinders.com, MD & VA Homes and Real Estate) almost 10 years ago
LENN:  Thanks for your comment.  I see a slight upturn as well.  Anxiously waiting to see what the statistics are for January sales and to see how the interest rate news will affect things.
Posted by Brian Block, Northern Virginia & D.C. Real Estate (RE/MAX Allegiance, Managing Broker/Branch Vice President) almost 10 years ago
Very nice, Brian.  We are seeing a slight increase in traffic here as well.  I would love to have one of those historic homes!
Posted by Lisa Heindel, New Orleans Real Estate Broker (Crescent City Living LLC) almost 10 years ago
Brain, your post is a testament to the saying "All real estate is local".  In the Montgomery County area north of Houston, a really old house was built before 1970...anything before 1900 is extremely rare.  I bet you could not find 5 of them on the market at any given time.
Posted by Kathi Frank, The Woodlands TX (Kate Writes Right) almost 10 years ago
Too much for me we have a n average sales price of 150,000 most of them 30 to 40 years old or newer. Looks like we have to sell three for every one you sell.
Posted by Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re (Westbrook Realty Broker-Owner) almost 10 years ago
Hi Brian - The history and architecture in and around DC has always intrigued me. I've been there twice and would love to get back a couple of more times. Although Nevada gained statehood during the Civil War, Las Vegas wasn't founded until 1905, and we seem to favor imploding and rebuilding versus preserving history.
Posted by John Novak, Henderson, Las Vegas and Summerlin Real Estate (Keller Williams Realty The Marketplace) almost 10 years ago
LISA:  Now, I know you've got some historic homes in New Orleans as well (at least those that survived Hurricane Katrina).  Actually when I was down there last May, the wedding reception I went to was held in the beautiful Short-Favrot House with the cornstalk fence in the Garden District..
Posted by Brian Block, Northern Virginia & D.C. Real Estate (RE/MAX Allegiance, Managing Broker/Branch Vice President) almost 10 years ago
KATHI:  Obviously there are a lot more older homes on the East Coast.  During elementary school, I lived in a 1905 Victorian outside of Boston.  Old Town Alexandria has some beautiful old architecture, mixed in with brand new homes and townhomes.
Posted by Brian Block, Northern Virginia & D.C. Real Estate (RE/MAX Allegiance, Managing Broker/Branch Vice President) almost 10 years ago
TERRY: Yes, the prices are much higher in the D.C. area than many parts of the country.  While many people like newer homes, there are definitely those that go for the historic houses.  Some of the 100+ year old homes have had extensive remodeling and look brand new on the inside, while keeping aesthetic touches of yesteryear.
Posted by Brian Block, Northern Virginia & D.C. Real Estate (RE/MAX Allegiance, Managing Broker/Branch Vice President) almost 10 years ago
JOHN:  I love the architecture around here too.  One thing you notice immediately in D.C. proper, especially on all the government buildings and memorials is the extensive use of Roman and Greek columns.  I doubt there's any other American city that has as many columns on its buildings.  It gives a very classical feel to the city.  The old homes present a lot of character that is lost when everything is brand new with clean lines.  That being said, the bigger, better, newer mentality of Las Vegas is certainly a testament to man's progress and achievement (and the success of the casino industry.)
Posted by Brian Block, Northern Virginia & D.C. Real Estate (RE/MAX Allegiance, Managing Broker/Branch Vice President) almost 10 years ago
Brian  That is a lovely post about a city that played such an important role in our country's birth.  We used to attend Old Presbyterian Meeting House for years - the sense of history in that church is humbling.  I would love to see you do a post on it,  Karen
Posted by Karen Kruschka, - "My Experience Isn't Expensive - It's PRICELESS" (RE/MAX Executives) almost 10 years ago
KAREN:  Thanks for your comment.  I absolutely love Old Town Alexandria and I get a sense of history every time I walk down the streets there.  I can't say that I know much about Old Presbyterian Meeting House, but I'd be interested to learn more about the history.
Posted by Brian Block, Northern Virginia & D.C. Real Estate (RE/MAX Allegiance, Managing Broker/Branch Vice President) almost 10 years ago
Brian- How did Alexandria get it's name? My father lived there for many years, I never got to visit. I would love to go when our son is just a bit older. Katerina
Posted by Katerina Gasset, Get It Done For Me Virtual Services (Get It Done For Me Virtual Services ) almost 10 years ago
KATERINA:  Alexandria got its name from Captain Phillip Alexander II who established his estate here along the Potomac River around 1746.  Of course, there's also our namesake city of Alexandria, Egypt which got its name from Alexander the Great.  By the way, the George Washington Masonic Memorial in Old Town Alexandria is fashioned after the famous Lighthouse of Alexandria, Egypt.
Posted by Brian Block, Northern Virginia & D.C. Real Estate (RE/MAX Allegiance, Managing Broker/Branch Vice President) almost 10 years ago
Brian  The grave of the Unknown Soldier of the Revolutionary War is in the small cemetery behind the church, Washington did his last reviesw of his troops there because the front stoop was the highest reviewing point in Alexandria.  There is a book called, "Can These Old Bones Live" with a history of the church
Posted by Karen Kruschka, - "My Experience Isn't Expensive - It's PRICELESS" (RE/MAX Executives) almost 10 years ago
KAREN:  Thanks for providing a little more about the history of the Old Presbyterian Meeting House.  Sounds like a very historical site and an important one in our history and that of Old Town Alexandria.
Posted by Brian Block, Northern Virginia & D.C. Real Estate (RE/MAX Allegiance, Managing Broker/Branch Vice President) almost 10 years ago

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