March 2011 Housing Prices in Zip Code 22314 – Old Town Alexandria and Potomac Greens

Today we are looking at the March 2011 Housing Prices in Zip Code 22314 which includes Old Town Alexandria and Potomac Green. (These numbers do not include condominium sales.)

The first thing that struck me about this chart was the consistency in the number of sales over a five year period.  Prices and days on the market have been up and down but the number of sales has held steady.

March

Zip Code 22301

No. of Homes Sold

Average  List

Price

Average Sold Price

Days on Market

Mar 2011

26

$668,228

$654,935

70

Mar 2010

25

$771,088

$695,396

67

Mar 2009

20

$517,472

$596,508

71

Mar 2008

20

$692,560

$670.345

94

Mar 2007

25

$787,704

$740,040

140

As always, each month’s sales are dependent on multiple factors including the amount of inventory, the number of priced-to-sell homes, the number of qualifying buyers, etc. etc.

For more information on properties in Old Town Alexandria, give me a call at 703.927.4554.

Michael