HOMESbyRP of eXp Realty / Richard Pearrell

Alexandria, VA

Single-Family Homes

https://HOMESbyRP.com GRI, Associate Broker DC, MD, VA & REALTOR® in FL at eXp Realty, LLC / (301) 991-7061 /



Alexandria, VA

Tue Jul 01 2025
This week the median list price for Alexandria, VA is $949,000 with the market action index hovering around 47. This is less than last month's market action index of 51. Inventory has held steady at or around 199. Click here to stay informed with the Alexandria market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Alexandria, VA

Tue Jul 01 2025
This week the median list price for Alexandria, VA is $949,000 with the market action index hovering around 47. This is less than last month's market action index of 51. Inventory has held steady at or around 199. Click here to stay informed with the Alexandria market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Alexandria market.
Median List Price $949,000
Median Price of New Listings $990,000
Per Square Foot $398
Average Days on Market 61
Median Days on Market 35
Price Decreased 41%
Price Increased 1%
Relisted 11%
Inventory 199
Median Rent
Market Action 47
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,880,000 4,270 0.25 - 0.5 acre 5 4.5 54 9 2 49
$1,145,000 3,101 0.25 - 0.5 acre 5 3.5 60 8 8 35
$875,000 2,329 0.25 - 0.5 acre 4 3 64 6 5 31
$679,900 1,512 0.25 - 0.5 acre 4 2 68 9 9 21