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December 2011 MARKET REPORT FOR ALEXANDRIA VA 22309

December 2011 MARKET REPORT FOR ALEXANDRIA VA 22309

chartALEXANDRIA VA Zip Code 22309 includes the communities of FERRY LANDING, MOUNT VERNON FOREST, RIVERSIDE ESTATES and YACHT HAVEN ESTATES, to name just a very few of the neighborhoods found in this zip code, which encompasses the area near George Washington's Mount Vernon Estate and several neighborhoods on the shores of the Potomac River.

As you can see by the following numbers, total sold dollar volume was up dramatically in December 2011 over November 2011, although down very sightly compared to December 2010.

At 54, days on market was up both year over year and month over previous month, however, the average sold to list ratio was slightly over 94%. Properties are being priced properly and sellers are pretty much holding to their list prices. While median sales price and average sold price were down over November 2011, they were up considerably over December 2010.

YoY MoM

Total Sold Dollar Volume $12,057,337 -1.07% +40.18%
Closed Sales 33 -19.51% +57.14%
Median Sold Price $302,000 +13.53% -23.74%
Avg Sold Price $365,374 +22.91% -10.79%
Avg Days on Market 54 days +5.88% +12.5%
Avg Sold to Orig List Ratio 94.07% -1.75% +1.42%

If you are thinking of Selling or Buying a home in the Alexandria VA area this year, give me a call to discuss how I can help you make that happen. To see what is currently active in Alexandria's 22309 zip code, use the quick search below.

Posted Saturday Feb 04