Alexandria, VA Market Update for July 2007

Here are the latest real estate market statistics for Alexandria, VA area. These numbers represent single family home (SFR) sales only. Percentage of homes on the market with the asking price had been reduced: 46.6%*

Average	June 2007	July 2007	% Change
Asking Price	$555,506	$508,090	-8.5%
Sales Price	$546,497	$497,022	-9.1%
% of Asking Price	98%	98%	0.0%
$/SQFT	$309	$314	1.6%
Days on Market	40	58	45.0%
Total Transactions	218	205	-6.0%

Search for homes in Alexandria, VA and read a neighborhood overview of the Alexandria, VA area.

All numbers are from the MLS and are deemed reliable but not guaranteed. *Market numbers as of 8/7/2007: 2,213 properties on the market with 1,032 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.