Buy Alexandria Real Estate: Alexandria Virginia Average Townhouse Prices -- July 2008

Alexandria Virginia Real Estate Blog

Alexandria Virginia Average Townhouse Prices -- July 2008

Alexandria TownhousesAs of early July 2008, approximately 24% of the homes currently on the market for resale in Alexandria, Virginia are townhouses.  Townhouses are spread throughout the City of Alexandria, but the highest concentrations are found in Old Town Alexandria, and the West End of the City, particularly in the Cameron Station, Townes at Cameron Parke, Stonegate, and Summers Grove communities. 

 

 

 

There are all styles, sizes and ages of townhouses in Alexandria.  They range from brand new construction to several townhouses that are as old or older than our nation itself, including this townhouse built in 1770!

 

 

 

 

How much do townhouses in Alexandria cost?

Alexandria TownhouseIn June 2008, there were 60 sales of Alexandria townhouses at an overall average net sales price of $538,783.  Additionally, these townhouses sold quickly at an average of only 45 days on market. (Make sure to read Alexandria Virginia Townhouses Sell Faster Than Condos or Single Family Homes).

 

 

Townhouses that sold in June sold for an average of 94.70% of the original listing price.

 

 

 

Alexandria Townhouses

Of the 184 townhouses currently on the market in Alexandria (as of July 4, 2008), there are:

  • 33 two bedroom townhouses at an average listing price of $519,851

  • 122 three bedroom townhouses at an average listing price of $676,135

  • 26 four bedroom townhouses at an average listing price of $882,667

  • 2 five bedroom townhouses at an average listing price of $1,997,000

 

The chart below details the average asking prices for townhouses in the Alexandria communities with the most currently available inventory. 

Alexandria has been somewhat immune from the drops in price that have occurred throughout other parts of Northern Virginia.

Community

# of Townhouses

Average Asking Price

Cameron Station

18

$658,122

Chatham Square

6

$803,777

Old Town

26

$1,001,177

Potomac Green

10

$903,170

Stonegate

9

$633,844

Summers Grove

5

$455,940

Townes at Cameron Parke

6

$474,650

Warwick Village

6

$374,983


CLICK HERE TO START YOUR SEARCH FOR AN ALEXANDRIA TOWNHOUSE

 

 

 

 

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Comment balloon 6 commentsBrian Block • July 04 2008 07:04AM

Comments

Looks like the townhouse market in your area has't been hurt much great info.

Posted by Terry & Bonnie Westbrook, Westbrook Realty - Grand Rapids Forest Hills MI Re (Westbrook Realty Broker-Owner) almost 10 years ago

Brian, thanks for sharing. It is good to see the difference of style to given areas. In New Orleans condo and townhouse are available but only in certain area.

Posted by Frank Rubi, FrankRubiRealEstate.com (Frank Rubi Real Estate, LLC) almost 10 years ago

TERRY:  Thanks for your comment.  The townhouse market is doing quite well here.

Posted by Brian Block, Northern Virginia & D.C. Real Estate (RE/MAX Allegiance, Managing Broker/Branch Vice President) almost 10 years ago

FRANK:  We've got quite a lot of townhouses throughout Northern Virginia.

Posted by Brian Block, Northern Virginia & D.C. Real Estate (RE/MAX Allegiance, Managing Broker/Branch Vice President) almost 10 years ago

What are the sq ft numbers on these????????? That comparison would be good!

Posted by Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional, Palm Harbor, Dunedin, Clearwater, Safety Harbor (Charles Rutenberg Realty) almost 10 years ago

What is your opinion on the townhouses across the street from Huntington Station (next to Midtown Alexandria)?  Do you know if there are any plans to revamp the Huntington area with more housing and retail?  Those townhouses seem to be selling for less than $500k and they are right across from Metro.

Posted by Rosy almost 10 years ago

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