ALEXANDRIA HOUSING MARKET DATA

There was an increase in total units sold in May, with 210 sold this month in Alexandria Real Estate versus 202 last month, an increase of 4%. This month's total units sold was lower than at this time last year, a decrease of 16% versus May 2024.

Versus last year, the total number of homes available this month is higher by 62 units or 21%. The total number of active inventory this May was 363 compared to 301 in May 2024. This month's total of 363 is lower than the previous month's total supply of available inventory of 389, a decrease of 7%.

Last May, the median sale price for Alexandria Homes was $650,000. This May, the median sale price was $750,000, an increase of 15% or $100,000 compared to last year. The current median sold price is 9% higher than in April.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In May, there was 1.7 months of supply available in Alexandria, compared to 1.2 in May 2024. That is an increase of 44% versus 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.

This month there were 258 homes newly listed for sale in Alexandria compared to 277 in May 2024, a decrease of 7%. There were 222 current contracts pending sale this May compared to 220 a year ago. The number of current contracts is 1% higher than last May.

In May, the average sale price in Alexandria was 100.8% of the average list price, which is 1.2% lower than at this time last year.

This month, the average number of days on market was 16, higher than the average last year, which was 12, an increase of 33%.





FOCUS ON: ALEXANDRIA HOUSING MARKET			MAY 2025

Zip Code(s): 22303, 22306, 22307, 22308, 22309, 22310, 22312 and 22315
Units Sold 210	Active Inventory 363	Median Sale Price $750,000	Days On Market 16

Down -16% Vs. Year Ago	Up 21% Vs. Year Ago	Up 15% Vs. Year Ago	Up 33% Vs. Year Ago


		Units Sold There was an increase in total units sold in May, with 210 sold this month in Alexandria Real Estate versus 202 last month, an increase of 4%. This month's total units sold was lower than at this time last year, a decrease of 16% versus May 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 62 units or 21%. The total number of active inventory this May was 363 compared to 301 in May 2024. This month's total of 363 is lower than the previous month's total supply of available inventory of 389, a decrease of 7%.
		Median Sale Price Last May, the median sale price for Alexandria Homes was $650,000. This May, the median sale price was $750,000, an increase of 15% or $100,000 compared to last year. The current median sold price is 9% higher than in April. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 258	Current Contracts 222	Sold Vs. List Price 100.8%	Months of Supply 1.7

Down -7% Vs. Year Ago	Up 1% Vs. Year Ago	Down -1.2% Vs. Year Ago	Up 44% Vs. Year Ago


		Months of Supply In May, there was 1.7 months of supply available in Alexandria, compared to 1.2 in May 2024. That is an increase of 44% versus 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 258 homes newly listed for sale in Alexandria compared to 277 in May 2024, a decrease of 7%. There were 222 current contracts pending sale this May compared to 220 a year ago. The number of current contracts is 1% higher than last May.
		Sale Price to List Price Ratio In May, the average sale price in Alexandria was 100.8% of the average list price, which is 1.2% lower than at this time last year. Days on Market This month, the average number of days on market was 16, higher than the average last year, which was 12, an increase of 33%.


	Alexandria are defined as properties listed in zip code/s 22303, 22306, 22307, 22308, 22309, 22310, 22312 and 22315.
	*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.