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Saturday, May 19, 2012

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.  

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.

Vivianne Couts (703/963-6735), is a realtor with Coldwell Banker Residential Brokerage.

1 comment:

  1. It depends where you are in Annandale of course. My 1 BR condo, in great condition, has been on the market for 6 months.