Special offer

October 2009 Home Sales in Alexandria's Old Town Neighborhood

By
Real Estate Agent with Coldwell Banker Residential Brokerage - ABR - SRES

October 2009 home sales in Alexandria's Old Town neighborhood show identical DOM (days of market) as in October 2008 and an increase of one in the number of sales.

The exciting news is that the average sold price shows an 8.8 percent increase from $611,462 in October 2008 to $670,236 in October 2009.

This steadfastness in total sales, along with the 2009 price increase, speaks to the overall health of the housing market in Northern Virginia.

Posted by

Michael Bergin

Your Realtor in Alexandria and Northern Virginia - ABR - SRES - Military Relocation

Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Michael  It certainly apppears Alexandria is a unique market that has withstood the market problems

Nov 18, 2009 10:09 PM
Michael Bergin
Coldwell Banker Residential Brokerage - ABR - SRES - Alexandria, VA
Northern Virginia Real Estate

Karen - There is no doubt that Alexandria homeowners felt the drop in the market but being inside the beltway definitely helped lessen the blow.

Always good to hear from you.

Nov 20, 2009 08:51 AM