Alexandria – Pinecrest/Overlook Home Market at a Glance – October 2013

Number of Homes Currently for Sale as of today, November 22nd, 2013
Single family, detached - 19
Condos -25
Townhouses – 9

Number of Closed Sales in October
Single family, detached - 11
Condos – 12
Townhouses - 5

Median Sale Price in October
Single family, detached - $499,000
Condos – $192,500
Townhouses – $483,000

Average number of days on the market in October
Single family, detached - 43
Condos – 38
Townhouses – 16

Number of sales currently pending
Single family, detached - 16
Condos - 24
Townhouses – 18

Average Sale Price for Homes
Detached homes - $543,545
Attached homes – $314,911

Average List Price for Homes
$408,748

Average Sale Price to List Price Ratio
98.6%

Absorption Rate as of today, November 22nd, 2013
Single family, detached – 1.73 months
Condos – 2.08 months
Townhouses – 1.8 months

If you’re considering putting your Pinecrest or Overlook home on the market, call me on my cell phone at 703-462-0700 to request a free comparative market anlaysis.

If you’re thinking of buying a home in Pinecrest or Overlook, contact me so I can go to work for you. I great up in Northern Virginia and know the real estate market in Alexandria very well.

Learn more about the Pinecrest and Overlook real estate market

Search on my website for Pinecrest and Overlook homes: http://www.searchnorthernvarealestate.com/