Fort Hunt Market Trends - November 2013

Fort Hunt Market TrendsFort Hunt Alexandria VA 
Zip Code 22308

As we close another month and head into the holidays, having a few days of cold weather has not taken the steam out of the market.  Activity in zip code 22308 remained strong posting 16 properties sold, an increase of 14% over the previous month.  The 'Average Days on Market' dropped to 34 for November.

This month there was decline in the number of ‘Active Listings’ (to 56).  Closed sales saw an increase in ‘Average Sold Price’ compared to the average ‘Original List Price’ last month.  There was a slight decline in “Average Sold Price’ this month.  ‘Average Sold Price’ to “Average List’ ratio is 96.5%, which is higher than last month and the same period in 2012.  As we move towards the end of the year, interest rates are still low and inventory remains available.

With tax time around the corner, be certain to consult with your tax advisor regarding the many changes to the tax code for 2014.

Check out our Fort Hunt Market Trends page for more information or view a PDF version of November statistics here.

Have a Question?

Not certain where to begin or have questions regarding the Fort Hunt area real estate market? We are here to help and are always happy to answer any questions you may have about buying or selling Fort Hunt properties. Give us a call at 703.286.1333 or send us an email and we'll help you get started.

Are you a buyer who is busy to pore over the Fort Hunt, Alexandria Virginia homes for sale? Use our Home Finder form to tell us know what you're looking for, and we'll set up searches for you for all the listings that match your specific requirements.

Contact Us Today - You'll Be Glad You Did

David Rainey and Sallie McBrien Alexandria VA RealtorsDavid Rainey and Sallie McBrien
David and Sallie are an experienced and results oriented team that are dedicated to meeting the needs of their clients.  Whether you are buying or selling your home, Your At Home Team is committed to your real estate success.
703.286.1333
Contact Us Today

 

 

Leave a Comment