About Alexandria's Del Ray

Del Ray Home Sales And Real Estate Market Report For August 2011

Alexandria VA Real Estate - In Alexandria City, the Del Ray area consists of zip code 22301 and also sections of 22305. The subcommunities include Auburn Village, Mount Ida, Rosemont, Beverley Hills, Rosemont Station, Warwick Village, and a number of other communities.

Here is a snapshot of the real estate market activity for the zip code of 22301:

There were 17 homes that sold in August 2011, staying level with the number of homes that sold in July 2011. The median sales price of homes was $525,000. The average sold price was $531,935. On average, a home stayed on the market for 47 days and sold at 96.36% of the asking price. According to MRIS sales data, there were no foreclosures or short sales that sold in August (hurray for no distressed sales!). There were no all cash purchases, 10 homes were purchased using conventional financing, 4 homes were purchased with VA financing, 2 with FHA financing, and 1 home was purchased with other financing.

Here is a snapshot of the real estate market activity for the zip code of 22305:

There were 10 homes that sold in August 2011, down by two units, as the number of homes that sold in July 2011 was 12. The median sales price of homes was $388,500. The average sold price was $360,500. On average, a home stayed on the market for 48 days and sold at 93.89% of the asking price. According to MRIS sales data, there was one bank owned foreclosure that sold, and one short sale in August. There was one cash purchase that was made, 5 homes were purchased using conventional financing, 3 homes were purchased with VA financing, and 1 home was purchased with owner financing.

Del Ray is still a little known secret in Alexandria City. If you're leaving Old Town Alexandria, heading north to Washington DC, you may not realize that you're passing by a tucked away and walkable community. On the heels of the new Potomac Yard construction homes, Del Ray may benefit from higher values once this project is complete.

• Del Ray Alexandria condos for sale
• Del Ray Alexandria townhomes and rowhouses for sale
• Del Ray Alexandria detached homes for sale
• Del Ray Alexandria foreclosures and bank owned homes for sale
• Del Ray Alexandria short sales and pre-foreclosure homes for sale

Are you thinking about selling your Del Ray home? Call me at 703-623-8759 to find out what your home is worth.

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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.

If you found this information helpful... Become A Fan!

Del Ray Alexandria VA Short Sales And Foreclosure Report For May 2011

Del Ray Short Sales

Del Ray Alexandria VA real estate remains insulated from the negative market press that is reported from the rest of the country. With the increasing gas prices, getting 'close in' in efforts to minimize the northbound commute is a top priority for many Alexandria homebuyers.

Del Ray area homeowners would be happy to know that their property values are safe, at least for now. Currently, there are no active short sales for sale in Del Ray.

But what's currently under contract? Now there are seven homes under contract in Del Ray that are short sales, and the list prices range from $160,000 to $345,000. The average days on the market for these homes was 35.

To date, there have been only five Del Ray short sales that have closed since January 2011.

Del Ray Foreclosures

Currently there are two active foreclosures for sale in Del Ray. They range in price from $279,900 to $474,600. Under contract, there are only four homes, ranging in price from $259,900 to $343,900. The average days on the market for the foreclosures that are under contract was 49 days. So, based on the market statistics, the bank owned-foreclosures have stayed on the market longer than the seller-owned short sales.

To date, there have been five Del Ray foreclosures that have closed since January 2011, according to MLS data. Note: This does not include the trustee sales at the courthouse, or the public auctions not listed in MLS.

The Del Ray real estate market hasn't even seen large double-digit volume in distressed sales; only 10 distressed sales have sold and settled in 2011. That means that the property values can remain strong, and if you're looking to buy a short sale or foreclosure in Del Ray, you should likely prepare yourself to compete with other buyers. BUT, can you still get a deal on a foreclosure? According to MLS data, the average Del Ray foreclosure sold for 96.12% of the final list price, whereas the average Del Ray short sale sold for 96.35% of the final list price, so low-balling doesn't seem to get results.

See Also: Del Ray Condos For Sale

See Also: Del Ray Duplexes, Townhomes, and Rowhouses For Sale

See Also: Del Ray Bungalows For Sale

See Also: Del Ray Luxury Homes For Sale

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

Note: Tamara Inzunza is a Certified Short Sale Specialist working in the real estate office of McEnearney Associates, Inc. Realtors in Old Town Alexandria. McEnearney Associates, Realtors is #1 in sales in Old Town Alexandria and the City of Alexandria.

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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.

And by all means... Become A Fan!

Open House Sunday April 10 Auburn Village Condos In Del Ray Alexandria VA

Visit Tamara Inzunza at her open house even this Sunday, April 10, from 1-4 PM at the beautiful Del Ray condo for sale at 13A Auburn Court in Auburn Village Condos.

This lovely home offers the sought after feature of the rear patio from the kitchen entrance that is only available on the ground floor units of Auburn Village.

There are hardwood floors in the main living areas, and updated ceramic tile flooring in the kitchen and bathroom.

This home is offered at $190,000. FREE information for First-Time homebuyers will be available.

Call Tamara Inzunza at 703-623-8759 to schedule an appointment to see this home, or stop by the Open House this Sunday, April 10.

See Also: Photo Tour of Auburn Village Condos

See Also: Video Tour of Del Ray

See Also: Del Ray Condos For Sale

See Also: Del Ray Duplexes, Townhomes, and Rowhouses For Sale

See Also: Del Ray Bungalows For Sale

See Also: Del Ray Luxury Homes For Sale

Copyright © 2011. All rights reserved.

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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.

And by all means... Become A Fan!

Shop Del Ray in Alexandria for All Your Holiday Needs!  It's no secret that we love Del Ray.  It's been our home for the past 20 years and we think it's a pretty special place. 

The Del Ray Business Association, of which we are a proud member, has put together this terrific video on why you should shop Del Rey in Alexandria for all your holiday needs.  After all, it's where Main Street Still Exists.

This weekend is your chance to get pictures taken with Santa Claus in both Del Ray and Old Town Alexandria.

On Friday night, Dec. 3, Del Ray will celebrate the holiday season with luminarias, a tree lighting, singing and, of course, Santa Claus. Professional photographer Mark Blackburn will be on had to take pictures - all courtesy of the Del Ray Business Association.

Festivities get started at 6:00pm at the site of the Del Ray Farmers Market at Oxford and Mt. Vernon Avenue.

Santa Claus will also make an appearance in Old Town Alexandria at the Old Town Firehouse at the corner of Prince and Royal. Santa's appearance here is a fund raiser to support the Helping Hands Relief Fund.

For a donation of $10 you can use your own camera and take pictures (and lots of them) with Santa or use the photographer on hand. Santa is in residence from 11:00am -3:00pm on Saturday and Sunday, Dec. 4 and 5.

And to top it off, Santa always makes an appearance in the Scottish Walk Parade - also scheduled for Saturday, Dec. 4 in Old Town Alexandria.

Ho, ho, ho,

Michael