 |
|||
 |
|||
| | |||
| JUNE 2025 | |||
| | |||
| Units Sold 228 |
Active Inventory 325 |
Median Sale Price $675,750 |
Days On Market 23 |
|
|
|
|
|
| Up 21% Vs. Year Ago |
Up 21% Vs. Year Ago |
Down -10% Vs. Year Ago |
Up 21% Vs. Year Ago |
| | |||
Units Sold
There was an increase in total units sold in June, with 228 sold this month in Alexandria City Real Estate versus 208 last month, an increase of 10%. This month's total units sold was higher than at this time last year, an increase of 21% versus June 2024. |
|||
Active Inventory
Versus last year, the total number of homes available this month is higher by 57 units or 21%. The total number of active inventory this June was 325 compared to 268 in June 2024. This month's total of 325 is lower than the previous month's total supply of available inventory of 397, a decrease of 18%. |
|||
Median Sale Price
Last June, the median sale price for Alexandria City Homes was $750,799. This June, the median sale price was $675,750, a decrease of 10% or $75,049 compared to last year. The current median sold price is 11% lower than in May. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
|||
| | |||
| New Listings 196 |
Current Contracts 194 |
Sold Vs. List Price 100.2% |
Months of Supply 1.4 |
|
|
|
|
|
| Down -15% Vs. Year Ago |
Up 7% Vs. Year Ago |
Down -0.8% Vs. Year Ago |
No Change Vs. Year Ago |
| | |||
Months of Supply
In June, there was 1.4 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. |
|||
New Listings & Current Contracts
This month there were 196 homes newly listed for sale in Alexandria City compared to 230 in June 2024, a decrease of 15%. There were 194 current contracts pending sale this June compared to 181 a year ago. The number of current contracts is 7% higher than last June. |
|||
Sale Price to List Price Ratio
In June, the average sale price in Alexandria City was 100.2% of the average list price, which is 0.8% lower than at this time last year. Days on Market
This month, the average number of days on market was 23, higher than the average last year, which was 19, an increase of 21%. | |||
 |
|||
| *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. |
|||