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Reply to "Alexandria city home prices"
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[quote=Anonymous]Asking prices by me are definitely higher than they were when we bought in 2005. But where we are (North old Town, near metro) they never really crashed either, just kind of stagnated, then started gradually climbing in maybe 2011. Now they seem very high to me again. For example, the house on the next block sold for $725K in late 2004 and they're now asking $895K. Very similar houses on the same block sold for $790-$840K in 2012. These are all townhouses, same square footage. They may have slightly different layouts and/or upgrades so I can't say they're identical. But gives some sense of trends. Townhouse across the street sold for $550K in late 2004 and is now asking $725K. Last summer, the one next door to it (very similar, but no garage) sold for $655K. In 2012, another one of that block of houses sold for $650K. [/quote]
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