Wondering what’s happening in the Alexandria housing market this June? We’ve got all the latest trends, prices, and insights you need to know! 📈💼
Highlights:
- Average Sales Price (Jan – Jun 2024): $778,625
- Compared to last year Average Sales Price (Jan – Jun 2023): $727,373
- Average Sales Price Increase: 7% from last year
- Homes Closed in 2024: 951
- Homes Closed in 2019: 1231
- 23% fewer homes closed compared to 2019
The Alexandria housing market continues to evolve, with an average sales price increase of 7% from last year. While there has been a 23% decrease in the number of homes closed compared to 2019, the market remains vibrant with numerous opportunities for both buyers and sellers.
With an average sales price of $778,625 for the first half of 2024, Alexandria remains a sought-after location for homebuyers. The reduced number of homes closed this year indicates a tighter market, which can benefit sellers looking to maximize their returns.
As we move closer to the election, market activity may slow down. However, staying updated with the latest trends and statistics is essential for making informed decisions.
If you’re interested in buying or selling a home in Alexandria, be sure to explore our current listings and sign up for our next home buying workshop to gain deeper insights and expert advice.
At The Davenport Group, we are obsessed with delivering an unmatched real estate experience.
If you are looking to purchase or sell a home, we would be honored to help you find your place. 🏡
Contact us through:
📱 Call/Text Direct (703)-350-8800
📧 Email: blake@thedavenportgroupre.com
💻 Website: http://thedavenportgrouprealestate.com
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