Alexandria, VA 22309 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

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 market value is the median sold price of $681,000, which reflects recent completed transactions and supports ongoing moderate price appreciation in this ZIP code; upward price momentum is also indicated by local price trends.
2. The median listing price sits at $644,900, creating a visible premium in realized transaction values versus asking levels that may indicate sellers are achieving higher final prices than initial list expectations; this pricing gap suggests strong seller outcomes in executed deals.
3. Liquidity appears healthy: the median days on market is 17, which suggests relatively brisk turnover and that properties are not lingering long in market despite elevated interest rate pressure.
4. Market context shows a hot market temperature with price year-over-year trend up and rent year-over-year trend flat; however, elevated interest rate pressure (elevated) may be creating a lock-in effect for existing owners and could moderate supply response even as buyer interest remains consistent.

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.