Realty Times -

Front Page

NEED HELP?

Click for Live Support

Call: 214-353-6980

CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Virginia > Alexandria
Rosemont, Alexandria

Market Conditions Summary for Alexandria, Virginia

Reported by

Cheryl Shier
as of 7/6/2008:

The Northern Virginia market has definitely picked up this Spring and buyers that have been putting off purchases are now venturing out to take advantage of low interest rates, affordable housing and great loan programs The good news is that... MORE->
About Cheryl Shier

Reported by

The Claypool Team
as of 6/20/2008:

The market activity in Alexandria is still a great buyers market with terrifically low interest rates and higher inventory. For the month of May the average sold price was down slightly by 6%; total units sold down 9%; average days on market is up... MORE->
About The Claypool Team

Reported by

Barbara Northam
as of 6/19/2008:

Alexandria is a weak buyer's market. Prices are up only 2% over last year this time. There's been a decrease in the number of homes sold. The Average Sold Price of all homes is $457K,( a 13% decrease over last year this time). Now--looking at the... MORE->
About Barbara Northam

Reported by

Lisa M. Bailey-Harper
as of 6/15/2008:

This Buyers market is steady as it goes. Rates are still good and buyers are certainly out there finally buying and that's a great thing because if you can buy, now is the best time. Inventory is high and homes are going on the market daily so you... MORE->
About Lisa M. Bailey-Harper

Reported by

David H. Lohman
as of 6/15/2008:

The current Market in Northern Virginia is a strong Buyers Market. Inventory is at an all time high and prices are falling 1-5 percent each month in most areas. Cost of gas is actually stimulating the sale and rental market in Fairfax, Alexandria... MORE->
About David H. Lohman

Reported by

Ron Fowler
as of 6/13/2008:

Inventory of active listings (single family + condos) decreased slightly from 939 at the end of April to 936 at the end of May. Sales during May totaled 187 units versus 156 in April. The average sales price of the properties actually sold during... MORE->
About Ron Fowler

Reported by

Tony Ward
as of 6/11/2008:

Lawrence Yun, NAR chief economist, said pending sales contracts have picked up notably in areas undergoing significant price drops. "Bargain hunters have entered the market en masse, especially in areas that have experienced double-digit price... MORE->
About Tony Ward

Reported by

Janet Lange
as of 6/6/2008:

Jumbo loans are available in Alexandria! The new conforming loan limits were raised from $417,000 to $729,750 in some high-priced metro areas in order to make home loans more readily available to help stabilize declining markets. The Jumbo loans... MORE->

Reported by

Charlene Bayes www.CharleneBayes.com
as of 6/4/2008:

As you can see from my listings, the market is doing well...Alexandria and the Northern Virginia metro area is a wonderful place to live! Check out my new website and the best MLS Search possible! I received my ABR, Accredited Buyer's... MORE->
About Charlene Bayes www.CharleneBayes.com

Reported by

Casey ONeal, Associate Broker
as of 6/4/2008:

Alexandria City is an attractive hot spot in the DC Metro area with close proximity to everything. $729,750 is the New Maximum Loan! See Details Below Market Stats. Here are some market stats for the month of May 2008: In May,... MORE->
About Casey ONeal, Associate Broker

Reported by

Steve Hawkins
as of 5/16/2008:

Alexandria prices are down, thus becoming a buyers market. Alexandria, and Old Towne are still hot spots. In April 2008 76 single family homes sold compared to 100 in April 2007. Days on market for April 2008 was 93. Learn more about the Alexandria... MORE->
About Steve Hawkins

Reported by

ElizabethSachero-Perez
as of 4/17/2008:

WELCOME TO ALEXANDRIA! We are experiencing a buyer's market Average price for a Single family home is aproximately $706,000. If you have any questions just give me a call at... MORE->
About ElizabethSachero-Perez

Reported by

Bobbie Salame Weichert Assoc. Broker
as of 4/15/2008:

Hearing all the time about the doom and gloom of the real estate market can get us in a definite recession. So let us examine our options. The mortgage rates are at a historical low. Lots of house inventory in the market. Sellers are willing to... MORE->
About Bobbie Salame Weichert Assoc. Broker

Reported by

Mary Lou Sage
as of 4/1/2008:

The market continues to be in favor of the buyer, sales are picking up in our area. At the end of March the 30 year rate was approximately 5.75% The new temporary conforming rate has just increased to $729,750 , with the rate being a bit higher than... MORE->
About Mary Lou Sage

Average Current Market Rating: 1.7 (14 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 2.4 (14 ratings)

1	2	3	4	5
Falling			Rising

Navigate: Top > Virginia > Alexandria
Rosemont, Alexandria

Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.

Real Estate News Network