Real Estate Market Update For Alexandria VA – September 2014

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Real Estate Agent with Amanda Davidson Real Estate Group Brokered By eXp Realty 0225221517

Real Estate Market Update For Alexandria VA – September 2014

The number of units sold in Alexandria decreased from August to September.  Median days on the market slightly increased, and median sale to list price ratio slightly decreased. September showed a substantial decrease in the median sales price as compared to August. It’s not abnormal for sales to slow in September and even with the decrease Alexandria remains a seller’s market.

Alexandria Home Sales 















Reviewing the same time period in 2013 there were 385 units sold, only slightly higher than what we saw this year. The median sale price is higher in 2014, up by $10,000 and the median sale to list price ratio remained about the same 97.54% in 2013 vs. 96.65% in 2014. The days on the market were less last year, coming in at 18. Median sale prices continue to be on a slow rise which shows stable growth and we continue to see a seller’s market in Alexandria. Seller’s need to hire the right agent that knows the local market and their neighborhood. Proper preparation and correct pricing is imperative for a successful sale and making the right decision on the agent you hire is a must. Buyers have a little bit more inventory to select from than last year and are savvy on what the current market conditions are. 

 

The following is a review of activity in Alexandria during September 2014.

•Number of Sales: 369 (down 108 from August)

•Highest Priced Sale: $2,662,500

•Lowest Priced Sale: $92,000

•Median Sales Price: $419,900 (down $25,100 from August)

•Median Days on Market: 28 (up 6 from August)

•Median Sale Price to List Price Ratio: 96.65 (down .59 from July)

 

Buyers:

To see homes for sale in Alexandria please visit the link or contact me to setup a custom listing alert that will automatically notify when a new property that matches your criteria enters the market. 

 

Sellers:
If you’d like to know the current value of your home contact me for a free market analysis. I welcome the opportunity to hear from you and discuss your real estate needs. Amanda4210@yahoo.com or 703-431-3755

Posted by

 

Amanda Davidson Real Estate Group

 exp realty

 

 

      

 

AMANDA DAVIDSON  
l ASSOCIATE BROKER l  
l AMANDA DAVIDSON REAL ESTATE GROUP BROKERED BY eXp REALTY l

C  703.431.3755   |   O  703.988.3151  |   W  www.amandadavidson.com

A  20130 Lakeview Center Plaza #400 Ashburn, Va 20147




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Rainmaker
3,472,813
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Amanda -- very good recap of the Alexandria real estate market.  Even though the numbers may change, buyers and sellers need to understand the overall market and act accordingly.   Clear and very concise update.   

Oct 19, 2014 10:54 PM #1
Ambassador
1,510,144
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Good morning Alexandria VA REALTOR® Amanda S Davidson.  Your area real estate knowledge beams once again.  You are the go to REALTOR for both buyers and sellers.

Oct 20, 2014 12:07 AM #2
Rainmaker
1,528,444
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Alexandria, VA
Alexandria Virginia Homes For Sale

Thank you so much Michael!

John, I appreciate your support. Thank you!

Oct 20, 2014 05:09 AM #3
Rainmaker
2,324,115
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Amanda: Good report and explanation of the seasonal slowdown in the Alexandria VA real estate market.

Oct 20, 2014 06:59 AM #4
Rainmaker
3,251,508
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

Amanda, Consumers like all the info they can get on an area they are interested and this is a good source for them to learn about the Alexandria VA market.

Oct 20, 2014 07:08 AM #5
Rainmaker
5,571,386
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families on the move will appreciate your local market reports.

Have a most productive week.

Oct 20, 2014 08:51 AM #6
Rainmaker
2,534,301
Rebecca Gaujot, Realtor®
Vision Quest Realty - Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Hi Amanda, an excellent report on the Alexandria VA real estate market. You are the go to Realtor for this area.

Oct 20, 2014 01:04 PM #7
Rainmaker
4,797,927
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Thanks for the Alexandria VA real estate market update, Amanda.  Valuable information for those in the market.

Oct 20, 2014 08:53 PM #8
Rainmaker
1,528,444
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Alexandria, VA
Alexandria Virginia Homes For Sale

Thanks Anita, seems we go through it every year.

Thanks Sheila!

Roy, thank you, I appreciate it.

Rebecca, thank you!

Hi Gabe, thanks!

Oct 20, 2014 11:00 PM #9
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Rainmaker
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Amanda S. Davidson

Alexandria Virginia Homes For Sale
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