ALEXANDRIA HOUSING MARKET DATA

There was an increase in total units sold in April, with 202 sold this month in Alexandria Real Estate versus 168 last month, an increase of 20%. This month's total units sold was lower than at this time last year, a decrease of 6% versus April 2024.

Versus last year, the total number of homes available this month is higher by 41 units or 15%. The total number of active inventory this April was 307 compared to 266 in April 2024. This month's total of 307 is lower than the previous month's total supply of available inventory of 312, a decrease of 2%.

Last April, the median sale price for Alexandria Homes was $680,000. This April, the median sale price was approximately the same at $680,000. The current median sold price is also similar to the median price in March.

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

In April, there was 1.5 months of supply available in Alexandria, compared to 1.2 in April 2024. That is an increase of 23% 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 267 homes newly listed for sale in Alexandria compared to 296 in April 2024, a decrease of 10%. There were 219 current contracts pending sale this April compared to 254 a year ago. The number of current contracts is 14% lower than last April.

In April, the average sale price in Alexandria was 101.1% of the average list price, which is 1.1% 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 14, an increase of 14%.





FOCUS ON: ALEXANDRIA HOUSING MARKET			APRIL 2025

Zip Code(s): 22303, 22306, 22307, 22308, 22309, 22310, 22312 and 22315
Units Sold 202	Active Inventory 307	Median Sale Price $680,000	Days On Market 16

Down -6% Vs. Year Ago	Up 15% Vs. Year Ago	No Change Vs. Year Ago	Up 14% Vs. Year Ago


		Units Sold There was an increase in total units sold in April, with 202 sold this month in Alexandria Real Estate versus 168 last month, an increase of 20%. This month's total units sold was lower than at this time last year, a decrease of 6% versus April 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 41 units or 15%. The total number of active inventory this April was 307 compared to 266 in April 2024. This month's total of 307 is lower than the previous month's total supply of available inventory of 312, a decrease of 2%.
		Median Sale Price Last April, the median sale price for Alexandria Homes was $680,000. This April, the median sale price was approximately the same at $680,000. The current median sold price is also similar to the median price in March. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 267	Current Contracts 219	Sold Vs. List Price 101.1%	Months of Supply 1.5

Down -10% Vs. Year Ago	Down -14% Vs. Year Ago	Down -1.1% Vs. Year Ago	Up 23% Vs. Year Ago


		Months of Supply In April, there was 1.5 months of supply available in Alexandria, compared to 1.2 in April 2024. That is an increase of 23% 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 267 homes newly listed for sale in Alexandria compared to 296 in April 2024, a decrease of 10%. There were 219 current contracts pending sale this April compared to 254 a year ago. The number of current contracts is 14% lower than last April.
		Sale Price to List Price Ratio In April, the average sale price in Alexandria was 101.1% of the average list price, which is 1.1% 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 14, an increase of 14%.


	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.