First-quarter home sales were flat across Alexandria while pricing data was mixed, according to new data.
A total of 401 city properties went to closing between Jan. 1 and March 31, up three homes — 0.8% — from the 398 transactions during the same period a year before, according to data reported April 11 by MarketStats by ShowingTime.
The sale of a 19th-century home has set a record for the most expensive residential sale in Old Town, according to the real estate firm representing the seller.
The home at 510 Wolfe Street sold for $7.1 million after being put on the market for the first time in four decades. The seven-bedroom, eight-bathroom estate spans 14,000 square feet and dates back to 1854. Corcoran McEnearney real estate agents Babs Beckwith and Lauren Bishop were the seller’s agents.
A modestly solid start to home sales across the city in 2026 could be complicated by Middle East war anxiety.
Home sales in Alexandria totaled 116 for February, according to figures reported March 10 by MarketStats by ShowingTime. That’s up 1.8%, from sales in February 2025.
Alexandria’s real-estate market started the year with lower year-over-year sales and mixed results on sales prices.
A total of 98 residential properties went to closing last month, down 20.3% from 123 in January 2025, according to figures reported Feb. 10 by MarketStats by ShowingTime.
A new record for home sales has been set in the City of Alexandria as the historic property known as “Clarens Estate” is officially off the market.
The property at 318 N. Quaker Lane sold for $7.5 million, the highest price a home in the city has sold for, according to Washington Fine Properties. Jaci Appel and Hadley Jones of WFP were the seller’s agents, and Al and Harriet Pricenor of Weichert Realtors represented the buyer.
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 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 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.
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.
Faced with uncertainty from the government shutdown and federal layoffs, Alexandria City Manager Jim Parajon says the city is facing a relatively flat Fiscal Year 2027 budget.
Parajon is asking all city departments for a 1% budget cut and 1.5% in growth for Alexandria City Public Schools. During Saturday’s annual City Council budget retreat, he said the city is “not in a negative situation” — but rather, aiming to adjust its sails in turbulent economic times.
Leasing has launched for a 199-unit luxury office-to-residential conversion development at 1101 King Street in Old Town.
Plans to convert the seven-story 1980s-era office building were unveiled in 2023 and approved last year, after which property owner American Real Estate Partners (AREP) announced that leasing would start in summer 2025. Now, the 200,000-square-foot property known as CityHouse Old Town is offering a range of 525-square-foot studios-to-three-bedroom apartments with dens and private wraparound terraces.
