real estate | ALXnow

Alexandria wins Bloomberg Philanthropies grant to fight housing shortage

Published October 15, 2026 at 2:45PM

As seen at the 204-unit affordable housing apartment complex Samuel Madden Homes, Nov. 12, 2025 (staff photo by James Cullum)

Alexandria is one of 15 cities across the country chosen to receive between $450,000 and $750,000 each in grant funding to increase its housing stock.

Today (Oct. 15), Bloomberg Philanthropies announced that Alexandria is among the first 15 cities to get the grant funding, and that 30 nationwide will be chosen to combat a national shortage of homes. Alexandria was awarded the funds, along with Albuquerque, N.M., Charleston, S.C., Chattanooga, Tenn., Cleveland, Columbia, S.C., Durham, N.C., Louisville, Ky., Miami, Nashville, Tenn., Omaha, Neb., Pittsburgh, Portland, Maine, Providence, R.I. and San Jose, Calif.

News

Elevated interest rates are putting a chill in Alexandria’s real estate market

By Scott McCaffrey

Published October 15, 2026 at 11:45AM

Home living room and dining room (via Francesca Tosolini/Unsplash)

Affordability issues and higher interest rates led to a rough month in real estate across Alexandria in September.

Sales for the month totaled 143, down from 167 a year before and below the five-year average of 150 for the month, according to data reported Oct. 12 by MarketStats by ShowingTime.

News

‘Thriller’ flash mob to take over lower King Street in Old Town

By Emily Leayman

Published October 12, 2026 at 2:45PM | Updated October 12, 2026 at 4:38PM

200 block of King Street (staff photo by James Cullum)

On the evening of Saturday, Oct. 17, onlookers on lower King Street might feel like they’ve been transported into a Michael Jackson music video.

Coldwell Banker Realty real estate agents Barb Scheeler and Rachel Knapp are coordinating a “Thriller” Zombie Flash Mob in the unit block of King Street in Old Town, at 5 p.m. Saturday. Scheeler and Knapp told ALXnow there are about 100 dancers signed up to participate, and hundreds of spectators are expected to attend with the dancers.

News

Alexandria home sales soften in August as buyers react to higher interest rates

By Scott McCaffrey

Published September 16, 2026 at 11:45AM

Home move (photo by Vitaly Gariev/Unsplash)

Alexandria recorded a significant year-over-year decline in home sales during August as the regional and national markets slowed due to rising interest rates.

Total sales across the city for the month were 130, down 28.6% from 182 transactions in August 2025, according to figures reported by MarketStats by ShowingTime.

News

Residential developments, outdoor stage and fine increase on City Council’s Sept. 19 docket

By James Cullum

Published September 14, 2026 at 11:45AM

415 N. Alfred Street (via Google Maps)

It’s going to be a long public hearing with the Alexandria City Council on Saturday, Sept. 19.

New construction in the Parker-Gray Historic District, adding outdoor entertainment to a Del Ray business and increasing fines for writing bad checks to the city are just a few of the items the Alexandria City Council will consider. This is City Council’s first public hearing since returning from summer recess.

News

Alexandria’s home sales, prices hold steady in July, but slower days may be ahead

By Scott McCaffrey

Published August 13, 2026 at 2:45PM

Keys to a home (via Jakub Żerdzicki/Unsplash)

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.

News

Alexandria average home price tops $850K as sales rise during 2026’s first half

By Scott McCaffrey

Published July 13, 2026 at 9:15AM

Real estate home interior (via Kenny Eliason/Unsplash)

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.

News

Original family owners sell 74-year-old Arlandria apartment complex

By James Cullum

Published July 1, 2026 at 3:45PM

Glebe House Apartments in Arlandria (via Google Maps)

After an Arlandria apartment complex has been owned by the same family for more than 70 years, the owner has sold the property and retired.

Joann Poladian Belknap recently sold the 213-unit, three-building Glebe House Apartments complex at 25 W. Glebe Road to Maryland-based Rock Creek Property Group for $29.5 million. After managing the 2.5-acre property for nearly 40 years with her Potomac Management Company, Belknap has officially retired and moved to Myrtle Beach, S.C.

News

Alexandria’s home sales, prices rose in May amid strengthening real estate market

By Scott McCaffrey

Published June 16, 2026 at 1:45PM

Couple moves into new home (via Vitaly Gariev/Unsplash)

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.

News

Buyers, sellers active as Alexandria sees strong April home sales data

By Scott McCaffrey

Published May 13, 2026 at 11:45AM

Townhomes on the Potomac River in Alexandria (staff photo by James Cullum)

The Alexandria real estate market saw a strong start to spring, with April sales up 33% year over year.

A total of 217 properties went to closing during the month, according to data from MarketStats by ShowingTime.

News

Alexandria’s home sales stable, prices see mixed results in early 2026

By Scott McCaffrey

Published April 14, 2026 at 9:15AM

Real estate home interior (via Francesca Tosolini/Unsplash)

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.