George Washington slept here -- and so can you! Own a piece of history in Old Town Alexandria. It's been nine years since the City of Alexandria celebrated its Semiquincentennial (that makes it 259 years old, having been founded in 1749).
Residents and visitors alike know Old Town Alexandria for its art galleries, antique shops, great restaurants, lively nightlife on King Street, the George Washington Masonic Memorial on Shuter's Hill, the Potomac River, and cobblestone alleyways. At the eastern end of Old Town Alexandria lies the Torpedo Factory which was once an actual torpedo factory, now converted into artist's studios where they sell their crafts, paintings and sculptures.
Due to Old Town Alexandria's proximity to Washington, D.C., many trade associations, lobbying firms, and law firms have offices within the city's boundaries. Newer offices, hotels, shops, and restaurants have recently been built on the West End of Old Town Alexandria in the Carlyle area, around Carlyle Tower condos and the U.S. Patent and Trademark Office which relocated to Old Town in 2005.
Residential housing in Old Town Alexandria ranges from brand new condominiums and townhouses such as those found at the Prescott Condominiums and Potomac Greens to much older historic townhouses and single family homes.
Of the 198 homes currently on the market in zip code 22314 (which includes all of Old Town Alexandria), 24 are more than one hundred years old. And, of those, 13 were built before the Civil War! History buffs: Imagine owning one of these old homes that have obviously stood the test of time! They are available from $485,000 to over $3 million.
After purchasing a historic home in Old Town Alexandria, you'll want to trot down to Gadsby's Tavern built in 1785 and still serving food and operating as a tavern today, and explore the adjoining museum. Just down the street is the historic Lee-Fendall House also built in 1785 and operating as a museum and venue for private social functions.
Recent home sales data for Old Town Alexandria:
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December 2007
|
November 2007
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% Change
|
|
Total Sold Dollar Volume
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$29,527,987
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$21,761,740
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35.7%
|
|
Average Sold Price
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$602,612
|
$557,993
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8.0%
|
|
Median Sold Price
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$525,000
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$545,000
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-3.8%
|
|
Total Units Sold
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49
|
39
|
25.6%
|
|
Average Days on Market
|
79
|
74
|
6.8%
|
|
Average List Price for Solds
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$651,187
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$586,396
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11.0%
|
|
Average Sales Price as % of List Price
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92.54%
|
95.16%
|
|
Given that December is traditionally a slower time for real estate sales than November, home sales in Old Town Alexandria seem to be holding up pretty well.
Own a piece of history -- take a look at some of the available historic homes:
OLD TOWN ALEXANDRIA 2 Bedroom 1 Bathrooms $485,000 Built in 1815
OLD TOWN ALEXANDRIA 3 Bedroom 2 Bathrooms $749,000 Built in 1840
OLD TOWN ALEXANDRIA 3 Bedroom 2.5 Bathrooms $995,000 Built in 1818
OLD TOWN ALEXANDRIA 4 Bedroom 3.5 Bathrooms $1,375,000 Built in 1816
OLD TOWN ALEXANDRIA 5 Bedroom 2.55 Bathrooms $2,250,000 Built in 1770
CLICK HERE TO RECEIVE MORE INFORMATION ON ALL AVAILABLE OLD TOWN ALEXANDRIA HOMES
Brian Block RE/MAX Allegiance 703-626-0715
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