The ranks of the unemployed in the city grew more than 46% year-over-year in new state jobs figures.
A total of 3,723 Alexandria residents were recorded as unemployed in November according to figures reported yesterday (Wednesday) by the Virginia Department of Workforce Development and Advancement.
Alexandria City Council unanimously approved a roadmap for Alexandria’s economic future last night (Tuesday) as the city tries to strengthen its economic competitiveness.
The ALX Forward framework will shape how the city pursues economic growth, from development to business recruitment and retention. It details strategies like leveraging economic opportunities in Old Town North, Eisenhower East, the West End, and Potomac Yard; retaining local businesses; attracting industries like artificial intelligence and strengthening support for entrepreneurs.
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.
Alexandria closed out 2025 with median apartment rental rates down 2.5% from the start of the year — the first annual decline in five years.
The 2.5% dip is more than twice the rate of decline across the metro area, with Alexandria pushed down in part by a 1.1% drop in median rents from November to December.
Alexandria is expected to lead other Northern Virginia localities in home-value appreciation in the coming year, with strongest growth coming in the single-family sector.
The 2026 Regional Housing Market Forecast, released yesterday (Monday), predicts “moderate” home price increases and elevated inventory throughout Northern Virginia. The report was created by the Center for Regional Analysis at George Mason University in partnership with the Northern Virginia Association of Realtors (NVAR).
The number of unemployed Alexandrians is up by a third from a year before, according to September jobs figures that were delayed by the federal government shutdown.
A total of 96,711 city residents were counted as employed in the civilian workforce, with 3,479 reported unemployed, according to figures reported Dec. 18 by the Virginia Department of Workforce Development and Advancement.
The Alexandria Economic Development Partnership is planning a major redesign of its website and published materials, in hopes of attracting more businesses to the city.
D.C.-based marketing and public relations agency Hart announced today (Tuesday) that AEDP has selected its team “to lead a comprehensive modernization of its website, messaging, video storytelling and marketing collateral.”
The total market value of home sales across Alexandria was down 4.8% year-over-year but remained above $100 million last month, according to new data.
A total of 121 residential properties changed hands citywide during the month, according to figures reported yesterday (Wednesday) by MarketStats by ShowingTime. That’s down from 136 transactions in November 2024.
Alexandria residents have continued to seek out local tax assistance as the city’s economy reels from federal layoffs, rising living costs and increased unemployment.
Alexandria has currently provided a total of 95 car tax payment plans averaging some $1,053 each, in addition to 12 real estate payment plans that average $4,189 per year.
Alexandria’s apartment rental costs have cooled over the past year, but remain well above pandemic-era lows.
The city’s median apartment-rental rate in November was $1,996 for a one-bedroom unit, $2,452 for two bedrooms and $2,179 for all units, according to the monthly data analysis by Apartment List.
Facing a decline in job growth, a struggling commercial real estate market and a climbing population, today (Friday) Alexandria released the draft of its first economic development strategy in nearly two decades.
The 63-page ALX Forward draft plan makes a number of recommends to reverse negative trends, including leveraging economic opportunities in Old Town North, Eisenhower East, the West End, and Potomac Yard; retaining local businesses and attracting high-growth industries like artificial intelligence firms; and strengthening support for the city’s entrepreneurial ecosystem.
