We currently are showing 5 good sales here in Alexandria since the first of the year.  A good sale is one where it is “arms length”; neither party are related or have a vested interest in the property (i.e. rented…), it is not a foreclosed or bank owned, you get the picture.     As of 9.22.09, the city assesor is showing 15 sales with only 5 being “good”.  Those sales are:

  • 3705 Hwy 29 South.  #63-3109-000. $210,000
  • 613 Broadway. #63-1008-000.  $252,000
  • 508 Twin Blvd. #63-3104-850.   $985,000
  • 106 Donovan Drive.  #63-0405-000.  $1,750.000
  • 302 N.Nokomis.  #63-0501-000.  $265,000

Last year there were 28 sales at the same time, with only 3 good.  So unless a lot of sales come in the next week, we are on track for half as many sales but a few more good sales.