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| AUGUST 2025 | |||
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| Units Sold 183 |
Active Inventory 351 |
Median Sale Price $689,000 |
Days On Market 25 |
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| Up 14% Vs. Year Ago |
Up 15% Vs. Year Ago |
Up 1% Vs. Year Ago |
Up 14% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in August, with 183 sold this month in Alexandria City Real Estate versus 176 last month, an increase of 4%. This month's total units sold was higher than at this time last year, an increase of 14% versus August 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 46 units or 15%. The total number of active inventory this August was 351 compared to 305 in August 2024. This month's total of 351 is lower than the previous month's total supply of available inventory of 382, a decrease of 8%. |
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Median Sale Price
Last August, the median sale price for Alexandria City Homes was $684,500. This August, the median sale price was $689,000, an increase of 1% or $4,500 compared to last year. The current median sold price is 1% higher than in July. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
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| New Listings 186 |
Current Contracts 168 |
Sold Vs. List Price 99.6% |
Months of Supply 1.9 |
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| Down -15% Vs. Year Ago |
Up 13% Vs. Year Ago |
Up 0.8% Vs. Year Ago |
No Change Vs. Year Ago |
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Months of Supply
In August, there was 1.9 months of supply available in Alexandria City. The amount of supply is similar compared to a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand. |
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New Listings & Current Contracts
This month there were 186 homes newly listed for sale in Alexandria City compared to 220 in August 2024, a decrease of 15%. There were 168 current contracts pending sale this August compared to 149 a year ago. The number of current contracts is 13% higher than last August. |
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Sale Price to List Price Ratio
In August, the average sale price in Alexandria City was 99.6% of the average list price, which is 0.8% higher than at this time last year. Days on Market
This month, the average number of days on market was 25, higher than the average last year, which was 22, an increase of 14%. | |||
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| *Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates. | |||
 Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc. |
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