Market Update · August 2026

The City of Alexandria, Virginia

Closed residential sales for the calendar month, all property types, compared against the same month last year.

The month in three numbers

$740,000

Median sold price

↑ up from $689,000

26

Days on market

↑ up from 24 days

2.6

Months of supply

↑ up from 2.2

How much room there is to negotiate

Months of supply is how long it would take to sell everything currently listed. It is the number that decides which side has leverage, so it is worth knowing where your market sits before you talk about price.

City of Alexandria, 2.6 months
Under 4 months: sellers have the advantage. Homes that are priced right go quickly. Buyers have little room to ask for a lower price, repairs, or help with closing costs.
4 to 6 months: balanced. Both sides have something to work with. Offers below asking get considered, and sellers still hold their ground on a well presented home.
Over 6 months: buyers have the advantage. Homes sit longer, price reductions become common, and buyers can reasonably ask for repairs or closing help.

City of Alexandria sits at 2.6 months, which puts it well inside the range where sellers still set the terms. A buyer here should not count on much movement on price. What has changed is the direction. Supply was 2.2 months in August 2025, so there is more to choose from now than there was. The four and six month marks are the rule of thumb agents work from rather than an official measure, so read 2.6 as a direction of travel rather than a verdict.

This August against last

Median sold price

August 2026

$740,000

August 2025

$689,000

Days on market

August 2026

26 days

August 2025

24 days

What it means if your home is here

  • Your home has more competition than it did a year ago. There were 2.2 months of inventory in August 2025 and there are 2.6 now, so a buyer sees more homes before they get to yours.
  • The market still moves quickly. A median of 26 days means most homes priced correctly are under contract inside a month.
  • The median closed above last year, $740,000 against $689,000. That reflects which homes sold as much as what they are worth, which is why the figure for your street is the one that matters.
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What would yours sell for?

We can pull the closed sales for your zip code, property type, and bed and bath configuration, and walk you through what they mean.

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Source: Bright MLS closed sales for City of Alexandria, VA, August 2026, with August 2025 for comparison. Figures deemed reliable but not guaranteed.

Clare Grana | The Grana Group | Samson Properties

Licensed in Virginia, Maryland, and the District of Columbia. Nothing here is investment, tax, or legal advice. Equal Housing Opportunity.