Alexandria Housing Market Update | August 2023 🏡📊
🔹 Just 136 homes on sale
🔹 201 homes sold in 30 days
🔹 Supply down 16% from last month
Despite higher rates, homes are flying off the market selling in just 5 days on average (compared to 9 days last year). Limited inventory is fueling this rapid pace, making this summer the one of the strongest markets we’ve seen over the last 5 years!
So what does all of this mean?
If you’re selling, now’s the time! Low inventory continues to drive the market, making it a standout season for sellers. With the right prep, pricing, and marketing, your home will shine.
Buyers, brace for competition! This summer won’t be a breeze, but we’ve got you covered. Join us for our Virtual Home Buying Workshop on August 23rd at 6pm. Tap the link below to sign up and learn more. 📅🔗
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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
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