Alexandria VA Homes for Sale: August 2014

Foreclosure and Short Sale Listings in Alexandria City

old town alexandria foreclosures The city of Alexandria has been fortunate not to have been ravished by foreclosures in the past few years.  

This does not mean there are absolutely no foreclosures;  even today, there are a few out there.  

By few, I mean 6, ranging  in price from $135,000 to $704,900 and with an average days on market of 50 days.  

The most expensive foreclosure on the market in the city of Alexandria at $704,900 is a fee simple 2 car garage townhouse in Old Town Greens, which is located on the north end of Old Town Alexandria, centrally located near the GW Parkway, Crystal City and Pentagon City. Rumor has it a metro stop will eventually be added at nearby Potomac Yard.  

Search City of Alexandria Foreclosure Properties

 

How about Short Sales?  We've seen there are not an abundance of bank owned properties in the city of Alexandria, but how about short sales?

city of alexandria short sales park placeA quick search of short sales results in 11 active listings, on the market an average of 154 days and ranging in price from $93,000 to $705,000. 

The lowest priced short sale listing is for a studio apartment in Park Place, which is a high rise condominium building located in west Alexandria, right on a public bus line, within walking distance of a public library and pharmacy.  It's just minutes to shopping, the Pentagon, DC and the Van Dorn Metro.  Amenities include an outdoor pool and a mini mart with dry cleaning service. 

 

Search City of Alexandria Short Sale Properties

As you can see, while there is a wide variety of bank owned and short sale properties - ranging from studio condominium units to 2 car garage townhouses - there are not a lot of distressed properties for sale in the city of Alexandria.   

Located just a few miles from the nation's capital, there is no shortage of opportunities for activities, events, shops and restaurants in Alexandria, which makes it a prime destination for folks looking for employment and a rich, vibrant community.  Consequently, the area has remained stable throughout the years, as reflected in the low number of foreclosures and short sale listings that are available.  

 

From Northern Virginia to the Northern Neck, we provide you with stellar service (just read what some of our former clients have to say about it) and top notch market knowledge to help you sell your current home or buy your next dream home.

 Visit our website to search homes for sale or for more information on how we can work together to reach your real estate goals.

Comment balloon 7 commentsSusan Haughton • August 17 2014 04:43PM
Foreclosure and Short Sale Listings in Alexandria City
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