Old Town Alexandria VA Short Sales and Foreclosure Report August 2012

Old Town Alexandria VA Short Sales and Foreclosure Report August 2012

The Old Town Alexanrdria VA real estate market remains extremely active.  Property values remain high and there are very few distressed properties in this popular zip code of 22314.

Take a look at the statistics for distressed properties, including foreclosures and short sales in Old Town Alexandria VA for the month of August 2012.

Yes, these are single-digit numbers! There's no multiplying by 100 or 1000, you're looking at the real numbers for short sales and foreclosures in Old Town Alexandria VA.   In August 2012, there was one short sale that sold, and there was only one bank owned foreclosure that sold.

Can I buy a short sale or foreclosure in Old Town Alexandria for way lower than the asking price?  Let's take a look at the numbers to see where the distressed sales have been selling in relation to the original list price.

There may not be many distressed sales in Old Town Alexandria, but when they sell, they are usually sold close to the original list price for the most part, however in August, short sales were sold at 76.04% of the original asking price.  The better deal was the foreclosures which sold at 60.60% of the original asking price.

Search for Alexandria Bank Owned Foreclosures and Short Sales 

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Buying or Selling Real Estate in Del Ray or Old Town Alexandria VA? Looking for short sales in Alexandria Virginia? Contact Tamara Inzunza, Associate Broker of RE/MAX Gateway to list and sell your home, or purchase a new home. I specialize in real estate homes for sale in the beautiful Alexandria VA communities of Old Town Alexandria, Del Ray, Kingstowne, and Manchester Lakes including condos, townhomes, and single-family homes for sale.

Call me at 703-623-8759.

Be sure to visit my website where you can Search MLS Listings of ALL Homes For Sale in Alexandria VA at www.MovingToNova.com/. If you're thinking about selling and would like to know how much your Alexandria VA home is worth, visit http://www.confidentialcma.com/ for a complimentary market analysis of your home. Not selling but curious about the homes for sale in your neighborhood, visit http://www.movingtonova.info/ for FREE Market Snapshot reports and stay informed whenever a home is listed or sold in your neighborhood.