Homes that sold across Alexandria in October garnered the highest per-square-foot price of any jurisdiction in the metro area for the month.
City sellers pocketed, on average, $516 per square foot for their properties, according to new data from Bright MLS, the region’s multiple-listing service.
That’s up 4% from a year before and put Alexandria on top of the District of Columbia ($507), Arlington ($503) and Falls Church ($481). Some or all of those localities typically are higher than Alexandria in a given month.
For the first 10 months of the year, Alexandria’s per-square-foot sales figure has averaged $491, ranking it fourth regionally. From January through October, Falls Church was on top ($531), followed by D.C. ($523) and Arlington ($504).
Results from other Northern Virginia jurisdictions on a year-to-date basis include $372 in Fairfax County, $301 in Loudoun County and $255 in Prince William County.
Figures for the 10-month period from January to October were higher in each of those localities except Arlington (down 0.4%) and D.C. (off 1.3%).
In Alexandria, a total of 172 residential properties went to closing in October, up 11% from a year before. Average sales prices were $1,352,390 for single-family attached homes (up 19.2%), $742,702 for attached homes (up 4%) and $545,389 for condominiums (down 13.7%)
The overall average sales price was $866,768, up 12% year-over-year. Some of the growth in the overall average price was due to a larger percentage of single-family homes in the overall mix of sales — 20.3% in October 2025 compared to 14.2% in October 2024.
The median sales price saw a bigger increase, rising 20.2% to $751,500.
For the month, the total sales volume of $149.8 million represented an increase of 25% from $119.9 million a year ago.
At the end of the month, there were 367 active listings in the Alexandria homes market, an increase of 51% from 243 a year before.
Homes that went to closing in October typically represented agreements that had been made before the federal government shutdown began Oct. 1. Despite the apparent end of the shutdown this week, economic concerns for the region persist.
“While the D.C. area housing market has been fairly resilient, we are definitely seeing some cracks,” said Lisa Sturtevant, chief economist for Bright MLS.
“Even though mortgage rates are at their lowest level in 13 months, homebuyers are still very cautious,” Sturtevant said. “Many prospective homebuyers are watching the news of weakness in the economy and are carefully monitoring their own economic situations.”
Northern Virginia home sales were in positive territory for the month, but declines were reported in the District of Columbia and the inner Maryland suburbs.
Across the Washington region, year-over-year sales were effectively unchanged — 4,201 in October 2025, versus 4,207 in October 2024.
Figures represent most, but not all, homes on the market. They come from data provided by MarketStats by ShowingTime. October 2025 figures are preliminary and are subject to revision.
Region’s single-family home prices post quarterly dip in excess of national rate: Quarterly declines are not unusual as the homes market transitions from the first half of the year into the second. But the drop in the D.C. region was 3.6% — six times the 0.6% decline nationally.
The median single-family home price in the local area for the third quarter was $657,200 in the third quarter, according to the preliminary data. That’s down from $681,900 in the second quarter, according to National Association of Realtors (NAR) data.
Nationally, the third-quarter rate of $426,000 was down from $428,500 in the second quarter, according to the new figures.
In each case, median sales prices were up year over year, rising 2.3% from $642,500 in the Washington region and 1.7% from $419,500 nationally.
Nationally, 77% of the 230 tracked metropolitan areas showed year-over-year increases in the new data, with 4% of markets posting double-digit increases, according to the national trade organization.
Median existing single-family home price by region rose year over year by the following margins:
- Northeast: $540,100 (+6.0%)
- Midwest: $331,100 (+4.2%)
- South: $372,800 (+0.5%)
- West: $633,900 (-0.1%)
“Markets in the supply-constrained Northeast and the more affordable Midwest have generally seen stronger price appreciation,” said NAR chief economist Lawrence Yun. “Price declines are occurring mainly in southern states, where there has been robust new home construction in recent years.”
The 10 priciest markets in the country in the third quarter were:
- San Jose-Sunnyvale-Santa Clara, Calif. ($1,915,000; +0.8%)
- Anaheim-Santa Ana-Irvine, Calif. ($1,400,000; +0.1%)
- San Francisco-Oakland-Hayward, Calif. ($1,315,000; +0.5%)
- Urban Honolulu, Hawaii ($1,127,900; -0.9%)
- Salinas, Calif. ($1,019,900; +6.3%)
- San Diego-Carlsbad, Calif. ($1,009,500; 0.0%)
- Los Angeles-Long Beach-Glendale, Calif. ($954,100; +0.7%)
- Oxnard-Thousand Oaks-Ventura, Calif. ($935,700; -1.2%)
- San Luis Obispo-Paso Robles, Calif. ($931,800; -1.9%)
- Bridgeport-Stamford-Norwalk, Conn. ($844,900; +7.8%)
Fourth-quarter figures are expected to be released on Feb. 4.
Photo via Kenny Eliason/Unsplash
