Alexandria, VA 22306 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The primary indicator of recent market value is the median sold price $632,450, which, combined with a year-over-year price trend of up, suggests recent transaction-level appreciation even as listing expectations remain elevated.
2. There is a notable gap between the median listing price $812,315 and the median sold price $632,450, which may indicate pricing friction where seller expectations exceed realized transaction values.
3. Median days on market 325 points to slower sales velocity and extended marketing periods, which, together with a neutral market temperature (balanced), suggests liquidity is moderate rather than brisk.
4. Rents show downward pressure with median market rent $2,995 and a rent year-over-year trend of down; concurrent interest rate pressure is described as moderate (local 30-year fixed rate reported at 6.88%), which may dampen buyer purchasing power and keep market activity measured.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.