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.
Fifty-nine properties were sold in April, a 40 percent 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.