First time buyers in the market for Old Town Alexandria real estate can choose from a variety of condos for sale. Move up buyers who want resort-style living and amenities can also take advantage of the Old Town Alexandria condo market. Those wanting to stay close-in will undoubtedly have the 22314 zip code on their radar.
Commuter conveniences such as the Braddock Road and King Street metro stations, nearby Reagan National Airport, and the free King Street Trolley make it easier for car-less buyers to get around and enjoy an active lifestyle.
In the month of October, 29 condos in Old Town Alexandria were listed for sale, and 17 were sold. In September, 17 condo units were listed for sale and 20 units were sold. Those listed ranged in price from $190,000 to $2,795,000. The lowest priced condo home is in the Harbor Terrace community, and the highest priced condo for sale is in the Liberty Row community.
Here’s a look at the overall Old Town Alexandria real estate market from September 2008 to October 2008 to include all property types:
|Total Sold Dollar Volume:||$24,733,095||$22,423,162||-9.34%|
|Average Sold Price:||$634,182||$521,469||-18%|
|Median Sold Price:||$534,795||$504,065||-6%|
|Total Units Sold:||39||43||10%|
|Average Days on Market:||71||72||1%|
|Average List Price for Solds:||$687,109||$563,661||-18%|
Old Town home sellers are negotiating which is clearly a good sign for buyers. Right now, condo homes are making up a big portion of the overall home sales in Old Town.
Free Resources: Find Out What Your Old Town Alexandria Home Is Worth