Annandale home prices rising

The median sales price of a home sold in
Annandale (zip code 22003) in November was $542,000. That’s a 9 percent
increase from November 2013, according to data provided by realtor Vivianne Couts of Coldwell Banker.

The average sales price in November was
$558,708, up 12 percent from $498,625 in November of 2013 and up 1.4 percent
from $551,100 in October 2014.

Twenty-eight homes were sold in
Annandale in November 2014, compared to 24 in October and just 20 in November
2013. So far, 329 homes were sold in Annandale in 2014, which is down about 12
percent from last year.

There were 82 properties available for
sale last month, compared to 111 in October and 74 in November 2013.

Houses are selling faster than they had
been a year ago, which indicates the market is favoring sellers over buyers. In
November the average home took 37 days to sell, down from 50 days in October
and 38 days in November 2013.