Old Town and Clover, Alexandria 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 12th, 2013
Single family, detached - 24
Condos - 87
Townhouses – 77

Number of Closed Sales in October
Single family, detached -2
Condos - 26
Townhouses - 22

Median Sale Price in October
Single family, detached - $716,250
Condos – $375,450
Townhouses – $628,500

Average number of days on the market in October
Single family, detached - 65
Condos – 61
Townhouses – 33

Number of sales currently pending
Single family, detached - 6
Condos - 31
Townhouses – 28

Average Sale Price for Homes
Detached homes - $716,250
Attached homes – $589,196

Average List Price for Homes

$606,089

Average Sale Price to List Price Ratio
96.5%

Absorption Rate as of today, November 12th, 2013
Single family, detached – 12 months
Condos –  3.35 months
Townhouses – 3.5 months

If you’re thinking of selling your home in Old Town or Clover, call me on my cell phone to request a free comparative market analysis.

If you’re looking to buy a home in Old Town or Clover, contact me so I can go to work for you. I’m an experienced buyer agent who great up in this area and knows the Alexandria home market very well.

To learn more the Old Town and Clover condo market, visit my blog: http://northernvirginiahomepro.com/alexandria-old-town-and-clover-condominium-market-report-for-october-2013/ 

To search online for Old Town and Clover real estate, visit my website: http://www.searchnorthernvarealestate.com/

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