Alexandria has seen a 32.1% increase in new listings compared to the same time last year, according to the latest monthly listing and sales data from the Northern Virginia Association of Realtors (NVAR).
In the week ending April 27, 2025, Alexandria saw 70 new listings hit the market, a 22.8% increase from the previous week.
Alexandria’s median list price now stands at $767,500, up 9.7% from March 2024 / down 3.5% compared to a week ago.
Home prices in Northern Virginia also outpaced the national rate of appreciation. The median sold price in the region reached $755,625, a 3.5% increase from a year ago, outpacing the 2.7% national price increase, which pushed the U.S. median to $403,700 — an all-time high for the month of March.
Despite the upward price trajectory, homes in Northern Virginia are taking slightly longer to sell. The average number of days on market rose to 18 days, up 12.5% from March 2024. Nationally, homes are sitting on the market even longer, with an average of 36 days — double the time it takes in Northern Virginia.
Active listings across Northern Virginia, including Alexandria, have surged by 63.6% compared to last year. The months of supply also increased to 1.45 months, a 58.1% jump. Meanwhile, nationally, inventory rose 19.8%, and months of supply grew to 4.0 months, up from 3.2 a year earlier.
