Real Estate Market Update For Alexandria VA – June 2015

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

Real Estate Market Update For Alexandria VA – June 2015

Alexandria experienced an increase in home sales for the fifth month in a row during June. Days on the market inched up just a bit but, still remain low and the average sale price remained about the same, increasing just slightly. The sale to list price ratio decreased by less than 1% but, sellers continue to see a strong ratio.

Alexandria Market Update 

The following is a review of activity in Alexandria during June 2015.

•Number of Sales: 578 (increase from 543 in May)

•Highest Priced Sale: $2,675,000

•Lowest Priced Sale: $95,000

•Median Sales Price: $469,450 (increase from $469,000 in May)

•Median Days on Market: 14 (increase from 10 in May)

•Median Sale Price to List Price Ratio: 97.72% (increase from 98.29% in May)

 

Let’s check in on the same time period in 2014. There were 552 homes sold in June 2014 and the median sale price is higher in 2015 by $19,450. The median sale to list price ratio remained about the same 98.00% in 2014 vs. 97.72% in 2015. The days on the market also remained consistent, 11 in 2014 vs. 14 in 2015. The market in Alexandria remains a seller’s market with just slightly over 2 months of available inventory. Buyers are enjoying a little more inventory than what was available in 2014 but, need to be aware that homes that are priced correctly and properly prepared for sale are moving quickly. Sellers need to enlist the expertise of a local agent that knows the market and has a proven successful track record listing and selling homes. While it remains a seller’s market with the slight uptick in inventory it’s imperative your home be at its best when going on the market.

 

Buyers: Contact me to start your home search today! I am always ready to answer your questions and will guide you through each step of the buying process. Whether you aren’t sure where to get started or are ready to tour I can help. To see homes for sale in Alexandria please visit the link.


Sellers: The current market conditions make it a great time to list and sell your home. Although inventory has seen a slight increase in Alexandria it remains a seller’s market. I want to be your agent and will work diligently to earn your trust and business. Contact me for a free evaluation of the current value of your home or to discuss the current market conditions in your neighborhood. 

 

 


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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Tags:
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Rainmaker
3,247,003
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Great market report Amanda...you do a wonderful job on them...kudos!

Jul 20, 2015 12:17 AM #1
Rainmaker
3,482,619
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Good morning, Amanda -- with just over two months of inventory available of homes for sale in Alexanria VA, prospective buyers and sellers alike need the advice and guidance of a professional who lives and breathes local real estate. When they contact you, they will find it and I'm sure very happy about the decision.  

Jul 20, 2015 12:22 AM #2
Rainmaker
3,286,740
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hey PEOPLE, Listen to Amanda S. Davidson, she is the agent in Alexandria, Virgina that does a great job for her clients.  Call her today!

Jul 20, 2015 12:39 AM #3
Rainmaker
1,520,367
Beth Atalay
Cam Realty and Property Management - Clermont, FL
Cam Realty of Clermont FL

Good morning Amanda, Alexandria VA buyers and sellers would be wise to have a local, knowledgeable Realtor on their side when buying or selling a home..that Realtor is Amanda S. Davidson!

Jul 20, 2015 12:52 AM #4
Ambassador
2,939,083
Anna Banana Kruchten Broker/Owner, CRB, CRS
Phoenix Property Shoppe - Phoenix, AZ
602-380-4886

Amanda great market report. With less than 2 months of inventory buyers and seller would be smart to call you advice.  Lots of details in your report speaks to your knowledge of your real estate market.

Jul 20, 2015 02:14 AM #5
Rainmaker
2,325,015
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Amanda: There appears to be no slow down for the Alexandria VA real estate market. Good to hear that sales continue to rise!

Jul 20, 2015 03:19 AM #6
Rainmaker
3,256,518
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

Buyers and sellers would be wise to call the Alexandria VA Realtor who knows what is happening in the area...Amanda Davidson!

Jul 20, 2015 06:30 AM #7
Rainmaker
4,211,057
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Amanda, glad to see the Alexandria real estate market strong, and know you have been selling many of these! 

Jul 20, 2015 09:39 AM #8
Ambassador
3,984,181
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

What a vibrant marekt Amanda. It looks like time is being kind to sellers and their prices have risen dramatically.

Jul 20, 2015 10:21 AM #9
Ambassador
1,770,095
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

Hi Amanda, your Alexandria VA real estate market is looking great. Here is to your continued success in 2015.

Jul 20, 2015 11:58 AM #10
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

Hi Amanda.  Thanks for the update for the real estate market in Alexandria VA.

Jul 20, 2015 08:46 PM #11
Ambassador
1,471,250
Toni Weidman
Sailwinds Realty - Trinity, FL
20+ Years Selling Homes in New Port Richey, FL

Amanda, you always deliver such great market reports. Concise and easy to comprehend. 

Jul 21, 2015 10:59 PM #13
Rainmaker
1,528,844
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Alexandria, VA
Alexandria Virginia Homes For Sale

Thank you all for your comments! Alexandria is seeing a great year so far and I hope it continues into the fall.

Jul 23, 2015 11:31 PM #14
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Rainmaker
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