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Annandale Home Market at a Glance – October 2013

By
Real Estate Sales Representative with Keller Williams

Number of Homes Currently for Sale as of today, November 19th, 2013
Single family, detached - 70
Condos - 20
Townhouses – 9

Number of Closed Sales in October
Single family, detached - 35
Condos - 9
Townhouses - 7

Median Sale Price in October
Single family, detached - $551,000
Condos – $180,000
Townhouses – $379,900

Average number of days on the market in October
Single family, detached - 30
Condos – 7
Townhouses – 26

Number of sales currently pending
Single family, detached - 49
Condos - 27
Townhouses – 26

Average Sale Price for Homes
Detached homes - $533,450
Attached homes – $283,766

Average List Price for Homes
$459,291

Average Sale Price to List Price Ratio
98.5%

Absorption Rate as of today, November 18th, 2013
Single family, detached – 2 months
Condos – 1 month
Townhouses – 1.29 months

If you’re thinking of selling your Annandale home, call me on my cell phone at 703-462-0700 to request a free comparative market analysis.

Home buyers in Annandale should find a great buyer agent to get them the best deal possible. I’m an experienced buyer agent who great up in neighboring Falls Church and knows the Annandale real estate market very well. Contact me so I can help you in your home search!

To learn more about the home market in Annandale, visit my blog: http://northernvirginiahomepro.com/annandale-home-market-report-for-october-2013/ 

Visit my website to search online for Annandale homes: http://www.searchnorthernvarealestate.com/

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