Alexandria VA Real Estate Market Update August 2013
Pending Sales and Prices Down
Alexandria VA Real Estate - How's the real estate market in Alexandria VA? Here are the monthly statistics for August 2013.
How many homes sold in Alexandria VA? - There were 223 homes that sold in August, this is the third consecutive month of decreased sales volume. We saw this year's peak back in May when 275 homes sold. The real estate market in Alexandria took off this year, with increase sales continually from February to May. What's also noticeable is the dip in the number of new listings. Since June, fewer and fewer homes have been coming on the market, August's new listings count was 223, a sharp decline from May's peak of 380. This was the third consecutive month of fewer homes coming to the market in Alexandria VA.
How many homes went under contract in Alexandria VA? Pending sales are also taking a dip, for the fourth straight month. In August, there were 259 homes that went under contract (or pending), a sharp decrease from April's peak of 413.
Connect with me on Google+