Home sales in the city of Alexandria grew 2.2% year-over-year, while average sales prices also rose.
A total of 1,987 properties changed hands across the city in 2025, up from 1,945 in 2024, according to figures reported Jan. 12 by MarketStats by ShowingTime.
The average sales price rose 5.3% to $818,871, representing all types of homes. The city’s results were in line with growth rates recorded throughout most of Northern Virginia for the year, as increased inventory helped bring some prospective purchasers off the sidelines.
“There is a lot of pent-up demand in the market, and buyers do have more choices than they have had in years,” said Lisa Sturtevant, chief economist for the Bright MLS multiple-listing service.
The market remains complicated by various positive and negative trends, Sturtevant said:
“Even with mortgage rates coming down, affordability is still a major challenge for many buyers, particularly first-time buyers. Sellers should expect that buyers will have more leverage and price growth will soften further, with price drops possible in some local markets.”
Across Northern Virginia as a whole, sales were up 1% to about 26,696, according to an ALXnow analysis of Bright MLS sales data.
Beyond Alexandria in 2025:
- Sales totaled 11,780 in Fairfax County, down 0.1%
- Loudoun’s sales total of 5,332 was up 5.8%
- In Prince William County, 5,005 homes changed hands, down 5.6%
- The sales total in Arlington was 2,315, up 5.4%
- In the city of Fairfax, the sales total of 357 was up 19.8%
- In Falls Church, the sales total of 171 was up 30.5%
Falls Church led not just the area but the entire Mid-Atlantic in average sales price for the year. Though down 2.3% from 2024, it stood at $1,084,584, the only jurisdiction with a million-dollar average price.
Arlington’s average sale price rose 3.3% to $928,999 while Fairfax County’s average price rose 3% to $883,520.
For December, the Alexandria homes markets closed the year out strong with 143 transactions, up 15.3% year over year.
Regional home sales down, prices up in 2025: Across the Washington region in 2025, sales totaled 49,408, down 1.1% from 49,942, according to Bright MLS.
As is typical, market activity varied by locality.
“Loudoun and Arlington counties had gains in closed sales in 2025 compared to 2024. Meanwhile, Prince George’s County had significantly fewer sales,” Bright MLS noted.
Prices were up, rising 3.6% to $627,000, although it took sellers a lengthier period of time (a median 14 days vs. nine days) to get from listing to ratified contract.
Buyer interest was down slightly year-over-year, with the 1.06 million home showings in 2025 representing a drop of 2.9% from 1.09 million in 2024.
Figures represent market activity in the D.C.; Arlington, Fairfax and Loudoun counties and the cities of Alexandria, Falls Church and Fairfax in Virginia; and Montgomery, Prince George’s and Frederick counties in Maryland.
Bright MLS’s Mid-Atlantic coverage area includes the District of Columbia, Delaware and portions of Virginia, West Virginia, Maryland, Pennsylvania and New Jersey, totaling about 70 localities.
Across that geographic swath, sales for 2025 were essentially flat — up 0.1% to 235,565 — despite a healthy December. For the year, the median sales price was up 3.6% to about $425,000 across the Mid-Atlantic.
December transactions were up 3.8% year over year across the Mid-Atlantic, but that bump in sales was not enough to offset the relatively sluggish sales throughout much of the rest of the year, analysts said.
“Price growth has been softer in markets where inventory has increased quickly, including in the Del/Mar Coastal and Suburban Maryland markets,” Sturtevant said.
Figures represent most, but not all, homes on the market. All December 2025 and year-end 2025 figures are preliminary and are subject to revision.
Photo via Daria Nepriakhina/Unsplash
