Single family homes in Alexandria? No way! Alexandria's a condo and townhouse kinda town, you say.
Yes, that's true. Many of the homes in the City of Alexandria are spread throughout some of the large townhouse communities such as:
Condominiums are located throughout Alexandria:
Yet single family homes in the City of Alexandria remain more elusive. In fact, less than 16% of the homes currently on the market in Alexandria are single family homes. Believe it or not, the 118 currently available detached single family homes in Alexandria are available in all price ranges from $400K up to $3.5 million.
Review the chart below for the number currently available in each price range.
Including all housing types, there are 755 available homes in Alexandria Virginia. With just 77 home sales in January 2008, the inventory is creeping up on 11 months worth. Single family homes are closely aligned with the overall housing picture. January 2008 saw just 11 sales (or 10% of current inventory) of Alexandria single family homes. One of these sales included the over $5.1 million sale of a historic Old Town Alexandria home.
While single family homes are scattered throughout Alexandria, 40% of the ones available for sale are concentrated in 6 neighborhoods. Click on each link to view details on a representative home in each Alexandria community:
Beverley Hills Braddock Heights Del Ray Old Town Rosemont Rosemont Park
Many more single family homes are for sale (almost 550 homes as of 2/25/08) outside of the city limits in Alexandria (Fairfax County). Confused? Read When is Alexandria NOT Alexandria?
CLICK HERE & START YOUR HOME SEARCH IN ALEXANDRIA (OR ALEXANDRIA, FAIRFAX COUNTY)
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These numbers are soo far away from our market that averages 140,000 it is difficult to imagine an average price in that range.
Brian, This is a very different, yet informative and detailed market report.
Very informative Brian. Nice graphics to.
TERRY: There are areas of Northern Virginia that have much lower-priced single family homes, but in Alexandria and Arlington, where you have the benefit of proximity to D.C., you can't find a single family home for under $400,000. Tough indeed for people relocating from the mid-West, though people moving here from NYC, California, Boston, etc., do not have so much in the way of sticker shock.
MANA: Thanks for your comments and compliments.
ALLISON: Thanks for the compliment.
Brian - let us know how many from this inventory you sell this month!!!! good luck!
BARBARA: I'll keep you posted.