Fort Hunt Market Trends - 2013 Year End Review

Fort Hunt Market TrendsFort Hunt Alexandria VA 
Zip Code 22308

Fort Hunt real estate, zip code 22308, had a fairly active year for 2013.  There were 222 single family homes sold during the year compared to 210 in 2012, a 5.7% increase. Along with the increase in sold volume, the Average Sold Price increased by 10.7% from $601,553 in 2012 to $666,099 in 2013.  Also, the Average Sold Price to Average Original List Price increased by 1.06%, so on the average Sellers received about 97% of the list price. As expected, the Average Days on Market declined to 56 days versus 59 in 2012.  Of the 222 sold homes sold in 2013, 123 sold in 30 days or less. The total sold volume in 2013 was $147,874,025, a 17.06% increase over 2012.

As a reminder for news affecting tax payers, Congress did not renew 55 items in the tax code before adjourning for the winter break; this could impact your taxes for the coming year.  Consult with your tax advisor to see how your tax deductions for 2014 might be affected.  

There are also new lending guidelines that took effect this month.  If you are planning on purchasing a home this year, be certain to check with your lender before you get started.  If you don't have a lender, we can us today at 703.286.1333.

Best wishes for a healthy and prosperous New Year.

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