October 2009 Home Sales in Alexandria’s Old Town Neighborhood

October 2009 home sales in Alexandria’s Old Town neighborhood show identical DOM (days of market) as in October 2008 and an increase of one in the number of sales.

The exciting news is that the average sold price shows an 8.8 percent increase from $611,462 in October 2008 to $670,236 in October 2009.

This steadfastness in total sales, along with the 2009 price increase, speaks to the overall health of the housing market in Northern Virginia.

Please feel free to call me at 703.927.4554 or email me at [email protected] for more information on the Old Town market.