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October 2010 Real Estate Market Report for Zip Code 22301 in Alexandria

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

Today's market report reflects October 2010 real estate sales for zip code 22301 in Alexandria.

Covering the neighborhoods of Temple Park, Rosemont and Del Ray, the October figures show a decrease in the number of sales, a modest gain in prices and a dramatic drop in the number of days on the market from October 2009 to October 2010.

As always, these numbers must be seen in context.  There were no million dollar sales in October 2010.  In fact, only two of the homes sold in October were above $600,000 yet properties moved at a brisk pace, averaging just 37 days on the market.  Well priced properties sell - period.

October
Del Ray, Rosemont, Temple Hills
(22301 zip)
2009
2010
Av. List Price
$513,964
$515,575
Av. Sold Price
$509,386
$510,563



Low List Price
$214,900
$195,000
Low Sold Price
$225,000
$187,000



High List Price
$829,000
$744,900
High Sold Price
$817,500
$745,000



# of Home Sales
14
8



Av. Days on Market
65
37


For more information on these numbers or your specific neighborhood, give me a call today at 703.927.4554 for a free market analysis.

Posted by

Michael Bergin

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