Alexandria Weekly Market Update: January 27, 2012
January 27, 2012 by wethmangroupadmin · Leave a Comment
Welcome to the latest installment of the Alexandria Real Estate Update. The data for this post was compiled using the statistics for both the City of Alexandria and those parts of Alexandria that lie outside of the city’s limits in Fairfax County.
Alexandria Contracts
- In the past week, 99 homes went under contract.
- 75% of those homes were listed for less than $500,000.
- One of the homes that went under contract this week was listed for more than $1,000,000.
Alexandria Inventory
- Active single family home listings: 316
- Active townhouse listings: 173
- Active condo listings: 255
Listings Sold & Average Days on Market in Alexandria and Alexandria City
A total of 40 homes were sold in Alexandria this past week. Of those homes, 16 were in Alexandria City, while the remaining 24 were outside of the city limits. The average sales price for all of the homes sold was $408,073.
Homes that sold in the past week in Alexandria City sat on the market for 68 days on average. Homes outside the city limits took an average of 90 days to sell.
If you’d like more information or if you have any questions, please contact the Wethman Group.
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Source: MRIS as of 1/27/2012. All information deemed reliable but not guaranteed.
Keller Williams Realty