Alexandria Home Sales Slow Down a Bit in July
By Brian Block, Northern Virginia & D.C. Real Estate
(RE/MAX Allegiance, Managing Broker/Branch Vice President)
Whether it is because people are on vacation or it's just too hot to be out searching for homes, the number of homes sold in Alexandria in the month of July slipped from previous months.Total sales in Alexandria for July were 192 homes.This is down from 238 in June, 220 in May, and 207 in April.Single Family Homes:27 single family homes sold in Alexandria in July 2007 at an average price of $838,437.This is almost a 50% reduction in sales from the prior month of June when 52 single family homes sold at an average sales price of $858,151.The most active Alexandria neighborhood for single family home sales in July was Beverley Hills.Currently there are 130 single family homes on the market in Alexandria representing a 4.8 month inventory at July's sales pace. Condominiums: 92 condos sol...
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