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Sunday, January 26, 2014

Average home prices in Annandale up 8.5 percent from last year

This five-bedroom house at 3429 Holly Road, Annandale, is available for online auction Feb. 1-4 at Auction.com. The starting bid is $175,000. [Photo from Zillow]
The average price of homes sold in Annandale (zip code 22003) in December 2013 was 8.5 higher than a year before, according to data from Real Estate Business Intelligence provided by Annandale realtor Vivianne Couts, of the Couts Group with Coldwell Banker.

In December 2013, the average price of a home sold in Annandale was $498,366, compared to $459,320 in December 2012. The median price was up 26.7 percent—$510,000 in December 2013, compared to $402,500 in December 2012. It’s taking about 46 days to sell a home, about the same as last year. The most expensive house sold last month in Annandale was in the $1 million to $2.5 million range.

The number of units sold was done slightly. Just 43 units were sold last month, compared to 46 in the same month a year ago. The number of detached units sold are up 19.2 percent from a year ago, while the number of attached units are down 40 percent.

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