As of early June 2008, over 53% of the homes currently on the market for resale in Alexandria, Virginia are condominium units. Condos are scattered throughout the City of Alexandria, but the highest concentrations are found in Old Town Alexandria and in the West End "Condo Canyon."
How much do condos in Alexandria cost?
In May 2008, there were 87 sales of condos in Alexandria at an overall average net sales price of $332,189.
Of the 439 condos currently on the market (as of June 8, 2008), there are:
- 9 studio condos at an average listing price of $204,506
- 122 one bedroom condos at an average listing price of $263,219
- 235 two bedroom condos at an average listing price of $325,892
- 69 three bedroom condos at an average listing price of $502,023
The charts below detail the average asking prices at the Alexandria condominiums with the most currently available inventory. The data is broken down by style of condo (garden, mid-rise, or high-rise) and the number of bedrooms.
BRIEF ANALYSIS: With a few very rare exceptions, asking prices are significantly lower than they were just 10 months ago. For a comparison, take a look at the following article written in August 2007: Condos in Alexandria: How Much Do They Cost? If you are planning on purchasing an Alexandria condominium this Summer, you may be in the right place at just the right time.
Click here to start your search for an Alexandria condo.
Garden Style Condos (1-4 floors)
|
Condominium
|
1 BR
|
Avg. Price
|
2 BR
|
Avg. Price
|
3 BR
|
Avg. Price
|
|
Cameron Station
|
1
|
$329,500
|
6
|
$404,615
|
X
|
X
|
|
Canterbury Square
|
2
|
$174,950
|
5
|
$183,960
|
1
|
$299,900
|
|
Exchange at Van Dorn
|
1
|
$210,000
|
9
|
$341,644
|
X
|
X
|
|
Mayflower Square
|
1
|
$145,000
|
10
|
$208,955
|
3
|
$216,597
|
|
Palazzo at Park Center
|
5
|
$291,760
|
7
|
$291,943
|
X
|
X
|
|
Park Fairfax
|
5
|
$282,380
|
1
|
$319,999
|
X
|
X
|
|
Pointe at Park Center
|
9
|
$233,711
|
5
|
$309,240
|
X
|
X
|
|
Potowmack Crossing
|
5
|
$240,700
|
X
|
X
|
X
|
X
|
|
Saxony Square
|
1
|
$129,900
|
8
|
$161,050
|
9
|
$191,571
|
Mid-Rise Condos (5-8 floors)
|
Condominium
|
1 BR
|
Avg. Price
|
2 BR
|
Avg. Price
|
3 BR
|
Avg. Price
|
|
EOS 21
|
3
|
$184,967
|
6
|
$232,167
|
X
|
X
|
|
The Seasons
|
3
|
$133,000
|
8
|
$167,775
|
3
|
$190,000
|
High-Rise Condos (9+ floors)
|
Condominium
|
1 BR
|
Avg. Price
|
2 BR
|
Avg. Price
|
3 BR
|
Avg. Price
|
|
Carlyle Towers
|
2
|
$394,938
|
2
|
$475,000
|
2
|
$737,495
|
|
Forty Six Hundred
|
2
|
$156,000
|
10
|
$183,320
|
3
|
$210,800
|
|
Marina Towers
|
2
|
$289,500
|
5
|
$473,860
|
1
|
$585,000
|
|
Northampton Place
|
6
|
$277,150
|
2
|
$484,250
|
3
|
$367,633
|
|
Olympus at Landmark
|
1
|
$189,955
|
4
|
$239,700
|
1
|
$229,000
|
|
Park Place
|
3
|
$193,300
|
2
|
$282,450
|
3
|
$296,333
|
|
Pavilion on the Park
|
4
|
$177,200
|
3
|
$232,600
|
X
|
X
|
|
Place One
|
5
|
$194,460
|
1
|
$299,999
|
X
|
X
|
|
Sentinel of Landmark
|
2
|
$182,400
|
6
|
$185,550
|
X
|
X
|
|
Watergate at Landmark
|
8
|
$237,294
|
10
|
$289,425
|
3
|
$363,633
|
CLICK HERE TO FIND AN ALEXANDRIA CONDO TODAY
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Brian, Sounds like there are some good bargains in Alexandria! I'll have to check some of these out!