About Alexandria's Old Town

Old Town Alexandria VA Real Estate Market Report for August 2011

Old Town Alexandria VA is the perfect blend of historic charm, convenient location, waterfront parks and living, and walkability to shops. For the month of August 2011, the average sales price of a home was $606,446, slightly up .13% from August 2010. Once you factor in the luxury homes, you'll see more of a balance in the median sales prices, which was $562,000. The average days on the market for a home in Old Town Alexandria was 114 days, and the average sold price to original list price ratio was 94.31%.

"It ain't Manhattan," but if you're relocating to Old Town Alexandria from another part of the country, you may have a bit of sticker shock when it comes to home prices. Not all Old Town Alexandria VA homebuyers have wads of cash lying around either. According to MLS data, conventional financing was the number one way buyers financed their home in August. Of the 57 homes that were sold, 35 homebuyers used conventional financing, second place was VA financing (most popular zero down payment mortgage) with 10 of the buyers. Cash wasn't king, but actually came in third place with 7 buyers in August, 4 buyers used FHA financing, and one buyer used 'other' financing.

But what about Old Town Alexandria short sales and bank owned homes for sale? How did these distressed homes fare in August? Use your mouse to roll over the points in the interactive chart below, and you'll see that distressed properties in Old Town are pretty non-existent. There was only one bank owned foreclosure, and one short sale that sold in Old Town.

Here are some helpful links to help you search for Old Town Alexandria VA real estate and homes for sale:

• Old Town Alexandria condos for sale
• Old Town Alexandria townhomes and rowhouses for sale
• Old Town Alexandria single-family detached homes for sale
• Old Town Alexandria foreclosures and bank owned homes
• Old Town Alexandria short sales and pre-foreclosure homes

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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!

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

Inquiring minds and inquisitive buyers want to know about foreclosures and short sales in the Old Town Alexandria zip code of 22314. Located along the Potomac River, Old Town Alexandria is known for its historic homes and high-end prices.

Currently, there are three active foreclosures for sale in Old Town Alexandria. In January, three foreclosure listings went under contract, ranging in price from $179,000 to $339,900. One of these foreclosures sold and settled in January. There were 16 total foreclosures that listed and sold in Old Town Alexandria in all of 2010, according to MLS data. Note: This does not include the trustee sales at the courthouse, or the public auctions.

More short sales are entering the market in Old Town Alexandria. Currently, there are seven active short sales for sale, ranging in price from $145,500 to $849,900. In January, four short sale listings went under contract, ranging in list price from $389,900 to $749,999, One of these short sales sold and settled in January. There were 11 total short sales that listed and sold in Old Town Alexandria in all of 2010, according to MLS data.

If you are looking for distressed properties in Old Town Alexandria, then a bank owned foreclosure or short sale may be your answer.

See Also: Old Town Alexandria Condos For Sale

See Also: Old Town Alexandria Townhomes and Rowhouses For Sale

See Also: Old Town Alexandria Luxury Homes For Sale

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!

Yesterday, while I was walking through Old Town in Alexandria, VA, I came across this amazing coral colored rose, the very last one in a garden that was fading fast.

Ah! Mother Nature is so full of surprises, isn't she?

If you are planning a move to the Washington, DC area, I can help! Call, email or text me at:

housepat@mac.com

202 549-5167

Licensed in DC, MD & VA

Hello, all of you puppies out there who have humans who blog - or who read blogs. This is Willie the Labradoodle, the dog who adopted Pat Kennedy as his human - and her occasional guest blogger. And I am here to let you know about an exciting Halloween event - the annual canine Halloween event in Old Town Alexandria!

The one for us!

Get your human to dress you up in a totally cool costume (I'm going as a Realtor blogger) and head to The Hotel Monaco, a beautiful hotel renowned for its pet friendliness. For example, between April and October, they have Tuesday and Thursday Doggy Happy Hours between 5 and 8 pm.

But the great event coming up is the last Doggy Happy Hour of the season at The Hotel Morocco. This Thursday, October 29th, they're having the Doggy Happy Hour Costume Competition. It's a benefit for the Animal Welfare League of Alexandria. There will be treats for the puppies, and there will be prizes for, among other things, the best glamour pup, best pound puppy and best overall "top dog" - um, that will be me!

If you are coming, you need a human, and there are some ground rules for minimal levels of behavior found on the Hotel Monaco's web site. Guess I'll have to watch my leg humping - well any kind of humping.

There will be a $10 registration fee for all contest entrants, and also a suggested $10 donation from the dogs who are not entering the costume contest. The funds will to to help homeless mutts around the region.

There will be fresh water bowls and doggie treats for us, and of course, cocktails and appetizers will be available for the humans who bring us.

And if your human has too much to drink and can't drive home, the Hotel Monaco has rooms for humans and dogs of all sizes and shapes, from shih tzus and chihuahuas to Newfoundlands and Great Danes.

Here are the details:

• Date(s): 10/28/2010
• Time: 5:00 pm - 8:00 pm
• Location: Hotel Monaco, 480 King Street, Alexandria, VA 22314
• Phone: (703) 650-0317
• Visit Website
• Admission: $10 registration fee for costume contest participants and $10 suggested door donation for non-participants.

Now, I dropped by today to see if they had any coupons I could use to offer you all a discount.

They don't.

But here is one that I thought up (Pat will really like this one!):

This 235000 square foot Class A office and retail complex in a 2 acre site, Washington Square is a convenient business and shopping center along Alexandria's main street and North Washington Street in Old Town Alexandria.

Featuring twin 4 story buildings designed with brick and cast stone exterior along with glass walls overlooking a grand courtyard. Tenants are attracted to the 3 story atrium lobbies, fitness center, concierge service, 600 space parking and computerized energy management system.

Washington Square in Old Town Alexandria VA

Washington Square serves:

• Port Royal
• Alexandria House
• Liberty Row
• Watergate of Alexandria
• Abingdon Row and more

Residents from Alexandria, Crystal City and Fairfax County patronize Washington Square because of Trader Joe which can be found in the complex of Old Town Alexandria

Other Washington Square tenants:

• Talbots
• FedEx
• Kinko's
• Starbucks Coffee
• Chevy Chase Bank.