Alexandria (City) VA Real Estate Market Report for October 2012
Snapshot of market trends for October 2012 vs September 2012 (month to month):
- Number of sold listings - DOWN
- Median sales price - DOWN
- Average days on market - DOWN
- Average original list price to sold price ratio - UP
On average, homes stayed on the market for 40 days.
The average original list price to sold price ratio was 97.15%. This has remained relatively constant since the second quarter of 2012.
The number pending sales, or homes under contract spiked from 256 in September, to 302 in October. This confirms that there are serious homebuyers in the market even during the holiday season.
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