Old Town Alexandria VA Short Sales And Foreclosure Report For May 2011

Old Town Alexandria VA Short Sales And Foreclosure Report For May 2011

Old Town Alexandria Short Sales For Sale

Old Town Alexandria VA real estate is well known for its historic appeal, brick lined streets, and waterfront walkability. From the studio condos to the elegant, historic properties, you just can't help but to slow down and admire the views whenever you're along King Street or Washington Street.

The number of distressed properties in Old Town Alexandria remains low relative to other parts of Northern Virginia. Currently there are five short sale properties actively for sale. The prices range from $205,000 to $989,000. There are nine short sale homes in Old Town Alexandria that are currently under contract.

To date, there have been 15 short sales that have sold in Old Town Alexandria ranging in list price from $145,900 to $799,900. So there have been plenty of opportunities in a wide price range to pick up a short sale in Old Town.

Old Town Alexandria Foreclosures and Bank Owned Homes For Sale
So, what's the likliehood of finding an REO or bank owned foreclosure for sale in Old Town? Pretty slim right now. Currently there are only two active foreclosures for sale. Both properties are condos, priced at $199,900 and $300,000. There is only one foreclosure in Old Town Alexandria currently under contract. To date, there have been 12 bank owned foreclosures that have sold, ranging in list price from $179,000 to $1,010,000.

So, the distressed properties in Old Town Alexandria are not that plentiful. But they do still exist in all price ranges. If you are thinking about purchasing a short sale or bank owned foreclosure in Old Town Alexandria, please call me at 703-623-8759. Or, click here, to be notified by email whenever any distressed property is listed in Old Town.

Note: This does not include the trustee sales at the courthouse, or the public auctions not listed in MLS. Tamara Inzunza is a Certified Distressed Property Expert and Certified Default Resolution Specialist with McEnearney Associates, Inc. Realtors in Old Town Alexandria. We provide confidential foreclosure prevention services to all homeowners, and work directly with buyers to purchase distressed sales. Our office is #1 in sales in Old Town Alexandria, and Alexandria City.

Copyright 2011. All rights reserved. This article may not be reproduced without the expressed written consent of Tamara Inzunza. Photographs copyright Tamara Inzunza.

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Buying or Selling Real Estate in Del Ray or Old Town Alexandria VA? Looking for short sales in Alexandria Virginia? Contact Tamara Inzunza, Associate Broker of McEnearney Associates, Inc. Realtors to list and sell your home, or purchase a new home. I specialize in real estate homes for sale in the beautiful Alexandria VA communities of Old Town Alexandria, Del Ray, Kingstowne, and Manchester Lakes including condos, townhomes, and single-family homes for sale.

Call me at 703-623-8759.

Be sure to visit my website where you can Search MLS Listings of ALL Homes For Sale in Alexandria VA at www.MovingToNova.com/. If you're thinking about selling and would like to know how much your Alexandria VA home is worth, visit http://www.confidentialcma.com/ for a complimentary market analysis of your home. Not selling but curious about the homes for sale in your neighborhood, visit http://www.movingtonova.info/ for FREE Market Snapshot reports and stay informed whenever a home is listed or sold in your neighborhood.

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