$489,999
1,120 SqFt
2 Beds
•2 Full Baths
Dorinda Fitt, Listing Office: RE/MAX Executives
October 2024
Report Updated 20 Days Ago
Is Alexandria, VA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Alexandria has remained a Seller's Market.
How much do homes in Alexandria, VA cost?
$663,621
$382/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
Summary: The median home sold price in Alexandria was $663,621 in October 2024, up 6.2% from last year, and the median price per square foot was $382.
# BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $291K | $299.3K | +2.9% |
2 Bedrooms | $433.4K | $452K | +4.3% |
3 Bedrooms | $685K | $710.3K | +3.7% |
4 Bedrooms | $815.7K | $849.2K | +4.1% |
5+ Bedrooms | $1.0M | $1.0M | 0.4% |
Summary: Alexandria housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.9%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 0.4%.
Mason | $653.3K | $711K | +8.8% |
Alexandria | $619.6K | $665.6K | +7.4% |
Lee | $580.1K | $621.4K | +7.1% |
Alexandria | $625.1K | $663.6K | +6.2% |
Washington | $662.2K | $672.3K | +1.5% |
How many homes are available in Alexandria, VA?
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
958 | 1,052 | +9.8% |
Summary: The Alexandria real estate market had 1,052 homes for sale in October 2024, a 9.8% increase compared to September 2024.
# BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 128 | 161 | +25.8% |
2 Bedrooms | 271 | 307 | +13.3% |
3 Bedrooms | 302 | 329 | +8.9% |
4 Bedrooms | 157 | 161 | +2.5% |
5+ Bedrooms | 100 | 94 | -6.0% |
Summary: The Alexandria housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25.8%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes decreased by 6%.
Sep 2024 | Oct 2024 | CHANGE |
---|---|---|
292 | 287 | -1.7% |
79 Homes Were Sold
Under Asking
111 Homes Were Sold
At Asking
97 Homes Were Sold
Over Asking
Summary: A total of 287 homes were sold or pending in Alexandria in October 2024, down by 1.7% month-over-month. Of the 287 sold homes, 28% were sold under asking, 39% were sold at asking, and 34% were sold over asking.
How long does it take to sell a home in Alexandria, VA?
Oct 2023 | Oct 2024 | CHANGE |
---|---|---|
17 Days | 21 Days | +26.6% |
Summary: Homes in Alexandria had an average of 21 days on market in Oct 2024, up by 26.6% compared to last year.
228 Homes Were Sold
Under 30 Days
48 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During October 2024, 287 homes were sold in Alexandria; 79% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.
Report Updated 20 Days Ago
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Based on information from BrightMLS, Roanoke Valley Association of Realtors MLS, and Real Estate Information Network for the period 11/01/2022 - 11/01/2024
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
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Last updated on: 11/21/2024, 12:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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Last updated on: 11/21/2024, 12:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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The listing data relating to real estate for sale on this web site comes in part from the Real Estate Information Network Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent.
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Last updated on: 11/21/2024, 12:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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