Alexandria, VA Market Watch for Del Ray, November 2009

Our November 2009 market watch for Alexandria’s Del Ray neighborhood in zip code 22301, shows a 50 percent increase in the number of transactions over November 2008 and a whopping 29 percent increase in the average sold price. 

The average days on market (DOM) jumped from 31 to 80 but we attribute that to the increased number of available homes.  One number to look at in particular is the lowest list price. That number moved up 21 percent from November 2008 to November 2009.

As we move into the end of the fourth quarter these numbers are great news for buyers and sellers alike.

Want to know more about what these Market Watch numbers mean  for buying or selling in Del Ray?  Give me a call at 703.927.4554 and let’s start the conversation.