About Alexandria's Montebello

What's Happening in the ALEXANDRIA 22303 REAL ESTATE MARKET FOR CONDOS?

After a slow October in terms of condo sales in 22303, November settlements were higher, with 10 units sold in the zip code.  November sales were on par with sales in February;  the best month in terms of number of settlements was June, with 15 sales, which was more than likely a direct effect of the Federal Tax Credit.  Once the eligibility period for the credit ended, however, sales took a dip until last month, when they picked back up. Tip: Hover your cursor over the bars for specific figures.

 

 

 

The bad news was in the Median Sold Price, however, which declined to $242,000 in November from a median price in October of $315,000. And that wasn't really "bad" news, either, when you look at the median prices year-to-date, which ranged from a low of $185,000 in August to October's high. In fact, November's median price was the 4th highest of the year. Not too bad at all.

In case you were wondering where foreclosures factored into all of this, well, as you can see from the chart below, they were not much of a factor in this zip code:

If you would like more details on specific properties that have been sold in the Alexandria 22303 zip code, just let me know. I'll be happy to go over the numbers in more detail with you.

MONTEBELLO ALEXANDRIA VA CONDOS FOR SALE

MONTEBELLO is an exclusively residential, 1015 unit luxury high-rise condominium situated on a 35-acre hill, Mount Eagle, originally owned by Lord Fairfax.

Just a 5-minute drive south of OLD TOWN ALEXANDRIA, with the Huntington Metro station nearby, MONTEBELLO is ideally located with easy access to the Beltway.

If you are looking for a stylish condo in the MONTEBELLO community, just take a look below for some of the current featured active listings.

And if you don't see what you are looking for, let me know and I'll be glad to keep an eye out for the floorplan and features you would like.

And, if you would like to take a look at all of the current active listings in MONTEBELLO and stay abreast of all the sales activity at MONTEBELLO, go to my website and sign up for the auto homefinder that will alert you to the newest homes for sale in MONTEBELLO.

Of, of course, you can also contact me (by phone, text or email) if you would like to take a personal tour. I'm always happy to show off this terrific community!

MONTEBELLO: Condos for Sale

MONTEBELLO: Alexandria's Best Kept Secret

MONTEBELLO: Sophisticated and Stylish 2 Bedroom Condo for Sale

MONTEBELLO: Beautiful 2 Bedroom Condo with Great View for Sale

MONTEBELLO: August 2010 Sales Activity

MONTEBELLO: June and July 2010 Sales Activity

MONTEBELLO: Stylish, Elegant Condo for Sale

AUGUST 2010 SALES AT ALEXANDRIA'S MONTEBELLO

It's time to review the August sales activities at Alexandria's premiere gated condominimum community, Montebello.  (If you're not familiar with Montebello, you can read all about it in my recent blog post, MONTEBELLO:  Alexandria, VA's Best Kept Secret)

After a relatively quiet June and July, in which only one property sold in that 60 day period, closed sales numbers were a bit better in August, with four units closed.

After an average 55 days on market, the average final sales price was $266,875, with prices ranging from $185,000 to $400,000.

 At the present time:

• There are 2 units now under contract, ranging in price from $269,900 for a two bedroom "D" unit without a garage parking space to $379,900 for a rarely available two bedroom, two bath "EE" model, with a garage parking space.
• In 2009, a total of 27 units settled at an average sold price of $294,833, after an average 146 days on market
• So far in 2010, a total of 37 units have sold at an average price of $307,039, with an average days on market of 67 days.   You read that right - 10 more units have ALREADY sold in 2010 than sold in all of 2009.  That doesn't include the 2 units under contract...so 2010 is already looking terrific!

If you're thinking of making MONTEBELLO your next home and would like to take a look at any of the condos presently available - like this STYLISH AND SOPHISTICATED 2 bedroom F unit or this  E Model with RIVER VIEW- just let me know and I'll be happy to show you around this terrific and convenient community. 

Whether you are buying or selling Real Estate in OLD TOWN ALEXANDRIA it makes sense to use an OLD TOWN ALEXANDRIA Realtor® who loves it here! And I'd love to have the chance to show you why I find this area so special.

Don't forget to check out SusanMovesYou for all the latest listings in OLD TOWN ALEXANDRIA and surrounding neighborhoods. And, if you would like an Alexandria Visitors Guide, a local map or a Relocation Guide, just email or text me with your address. (Absolutely no obligation and no pesky salesperson will call - unless you want me to, of course).

Get the "Inside Scoop" on Real Estate listings and get access to local MLS data - see what the pros see! Access listings anytime, anywhere with your iPhone or iPad.

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All content believed to be accurate, but is not guaranteed.

SUSAN HAUGHTON, OLD TOWN ALEXANDRIA REALTOR

Thinking about buying a condominium in Alexandria's premiere gated community, MONTEBELLO? 

Or, do you want to know more about MONTEBELLO?  I can help with that - and all you need to do is just read my blog post, MONTEBELLO: Alexandria's Best Kept Secret to learn more about this very special community that will give you an unparalleled location and award-winning amenities.

You have come to the right place to search for your new MONTEBELLO condo - just take a look below for some of the current featured active listings.

And, if you would like to take a look at all of the current active listings in MONTEBELLO and stay abreast of all the sales activity at MONTEBELLO, go to my website and sign up for the auto homefinder that will alert you to the newest homes for sale in MONTEBELLO. 

Of, of course, you can also contact me (by phone, text or email) if you would like to take a personal tour. I'm always happy to show off this terrific community!

 

JUNE AND JULY 2010 SALES AT ALEXANDRIA'S MONTEBELLO

So, how are sales looking at Alexandria's premiere gated condominimum community, Montebello? (If you're not familiar with Montebello, you can read all about it in my recent blog post, MONTEBELLO: Alexandria, VA's Best Kept Secret)

June was a relatively quiet month and in July, only one unit closed, a 1,525 square foot "H" model, on the first floor of Building 1. Listed at $399,900, this unit with hardwood floors had 2 generous sized bedrooms, each with full bath, plus a den, separate dining area, and huge wrap around enclosed balcony. After 30 days on market, the unit sold for $380,000 in a cash transaction.

Now before you get the idea sales are slow at MONTEBELLO, consider this:

• There are 7 units now under contract, ranging in price from $189,900 for a one bedroom unit to $419,950 for a two bedroom, two bath with den.
• In 2009, a total of 27 units settled at an average sold price of $294,833, after an average 146 days on market
• So far in 2010, a total of 31 units have sold at an average price of $314,545, with an average days on market of 65 days. Yep, that's right - more units have ALREADY sold in 2010 than sold in all of 2009. And that's not even counting the 7 units under contract...2010 is shaping up to be a super year for condo sales at MONTEBELLO.

So while it may have seemed a little slow around MONTEBELLO earlier this summer, when you put it in perspective, 2010 is already turning out to be a better year than 2009.

If you're thinking of making MONTEBELLO your next home and would like to take a look at any of the condos presently available - like this STYLISH AND SOPHISTICATED 2 bedroom unit - just let me know and I'll be happy to show you around this terrific and convenient community.

I'll even spring for lunch in the Cafe.