Annandale real estate market still hot
By Vivianne Couts
The real estate market in Annandale continued to be hot this
past April, with the average sales price
rising to $391,000 from $379,000 in April 2011. This is an increase of
approximately 3 percent.
past April, with the average sales price
rising to $391,000 from $379,000 in April 2011. This is an increase of
approximately 3 percent.
Fifty-nine properties were sold in April, a 40 percent
increase over the number sold in April of last year.
increase over the number sold in April of last year.
There are currently
114 homes for sale in Annandale at the moment, a decrease from 140 in April
2011. This low inventory is helping to increase sales prices, and points toward
a continuing improvement in the housing industry.
114 homes for sale in Annandale at the moment, a decrease from 140 in April
2011. This low inventory is helping to increase sales prices, and points toward
a continuing improvement in the housing industry.
It depends where you are in Annandale of course. My 1 BR condo, in great condition, has been on the market for 6 months.