Home sales and average sales prices across Alexandria showed year-over-year stability in July, according to new data, but the figures point to potential softening.
A total of 170 properties went to closing last month, down slightly from 174 in July 2025. That’s according to figures reported Aug. 11 by the region’s multiple-listing service Bright MLS, based on figures from MarketStats by ShowingTime.
Eleven tech startups with high prospects of growth have joined Alexandria’s first-ever tech accelerator program, the Alexandria Economic Development Partnership announced with program manager FedTech and the City of Alexandria Wednesday (Aug. 12).
The 11 participants were chosen among 41 applications for the Accelerate ALX program beginning in August. According to AEDP, the companies “represent high-growth sectors including defense, aerospace, health tech, artificial intelligence and machine learning, and cybersecurity.”
Alexandria is still making a showing on the Inc. 5000 fastest-growing companies list, but none of the companies are appearing near the top of the ranking.
Inc. came out with its annual ranking of America’s fastest-growing companies Tuesday (Aug. 11). A dozen Alexandria companies — seven in the city and five with addresses in Fairfax County — made the cut in 2026.
Alexandria apartment rents have increased since the start of the year but remain below the market’s mid-2025 peak costs, according to a new analysis.
The median citywide apartment rent of $2,230 in July — $2,042 for one-bedroom units and $2,508 for two bedrooms — was down 2.7% from a year before, according to data released July 29 by Apartment List.
The number of Alexandria residents counted as unemployed in June was at the highest level since March and stood 36% higher than at the start of the second Trump administration, according to new state data.
A total of 95,925 city residents were employed in the civilian workforce, with 3,120 looking for work, resulting in a jobless rate of 3.1% in June.
Despite a relatively weak June report, Alexandria saw a 6.2% year-over-year increase in home sales during the first six months of the year.
A total of 1,063 residential properties changed hands from January to June, up from 1,001 in 2025, according to figures reported July 10 by MarketStats by ShowingTime.
As the number of Alexandria residents counted as unemployed dropped below 3,000 for the first time in more than a year, the city’s jobless rate reached its lowest level since April 2025, according to new state data.
A total of 96,006 Alexandria residents were counted in the civilian workforce for the month, with 2,888 seeking jobs, according to figures reported July 1 by the Virginia Department of Workforce Development and Advancement.
While down year over year, Alexandria’s median apartment rental rate is still more than 16% above the onset of the pandemic and 28% more than during the worst of Covid-19.
The city’s median rent of $2,234 — $2,046 for one-bedroom units, $2,513 for two bedrooms — was down 3.1% in June from a year before, according to figures released June 30 by Apartment List.
Michael Duffin, a fired State Department worker from Alexandria who is running for Congress, appeared on “The Daily Show” Tuesday to discuss federal workforce reductions by the Department of Government Efficiency (DOGE).
Duffin, who lives in the West End with his wife and two children, was one of more than 1,300 federal workers fired by the State Department in July 2025. The Democrat running in the 8th Congressional District joined Maryland congressional candidates Alexis Goldstein and Tracy Starr and New York candidate Alissa Ellman in “The Daily Show” segment on fired federal workers’ campaigns.
Increases in sales and average prices in May propelled Alexandria’s homes market to a nearly 15% year-over-year increase in sales volume.
A total of 220 Alexandria residential properties went to closing during the month, up from 206 in May 2025, according to figures reported June 10 by MarketStats by ShowingTime, based on data from Bright MLS.
Alexandria’s unemployment rate in April was its lowest in nearly a year, but the region still faces ongoing headwinds in keeping both jobs and workers in place, according to a panel of experts.
With 96,031 city residents counted in the civilian workforce and 3,088 looking for jobs, the city’s unemployment rate of 3.1% in April was the lowest since 3% in June 2025, according to figures reported June 3 by the Virginia Department of Workforce Development and Advancement.
