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Alexandria VA 22304 CONDO MARKET REPORT January 2012

By
Real Estate Agent with Long and Foster REALTORS (703) 470-4545 0225085927

Alexandria VA 22304 CONDO MARKET REPORT January 2012

After taking a hit when the market adjusted, condos are selling again, albeit at substantially reduced prices in many cases compared to the mid-2000s.

Let's take a look at ALEXANDRIA VA 22304 CONDO SALES.

In January 2012, 18 condos settled, for an average sold price of $224,628. The lowest price sold was $102,500, while the highest price sold was $475,500.  Average days on market was 62. 

What can you expect in an Alexandria VA CONDO in 22304?  Well, in addition to close proximity to public transportation, many Alexandria condos have some amenities, such as an outdoor pool, tennis courts and an exercise room.  The high rises typically have secured entrances and the front desk is attended.

For $102,500, for example, one buyer snagged an 810 square foot 1 bedroom 1 bath unit at the Olympus high rise;  the monthly condo fee of $571 includes all utilities, as well as a pool, tennis courts, exterior maintenance, master insurance and management. 

At the highest end of the spectrum was a 3 level, 3 bedroom, 2.5 bath townhouse style condo in Cameron Station. Listed for $485,000, this 1,901 square foot property sold for $475,500 after 73 days on market.

If you are looking for an ALEXANDRIA VA CONDO, check out the quick search below or simply get in touch with me.  I'll be happy to help you find just the right Alexandria VA condo to fit your needs.

 

 

Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Oh my,  $485K for a 1900 sq. ft. condo.  Now that is a bargain by our standards.  That would be a box out i the boondocks here.

Feb 03, 2012 12:31 PM