If you're thinking about buying, selling, or investing in Northern Virginia real estate, you need to know what’s happening in today’s market.
We just got the numbers for March 2025, and here’s what they reveal across Arlington, Alexandria, Fairfax, Prince William, Loudoun, and Fauquier counties!
👉 (P.S. If you're thinking about making a move, let's talk. Contact us here for a free consultation.)
Median Sold Price: $759,000 (up 5.8% YoY)
Closed Sales: 171 homes (down 2.8% YoY)
New Listings: Jumped 17.9% over last year
🏡 Detached homes are HOT, with a median price over $1.29M. Attached properties held at $519,000 — a small dip offering buyers an opening
🏛️ Alexandria City Housing Market
Median Sold Price: $755,000 (+7.5% YoY)
Closed Sales: 159 homes (-1.2% YoY)
Average Days on Market: Just 16 days!
High-end detached homes surged to a $1.29M median, signaling strong demand for single-family homes
Median Sold Price: $755,000 (+2.0% YoY)
Closed Sales: 836 homes (+2.2% YoY)
New Listings: 1,311 listings, up 25% YoY
🏠 Detached homes crossed $1 million median price for the first time, while townhomes and condos stayed strong around $550,000
Median Sold Price: $550,000 (down 5.2% YoY)
Closed Sales: 296 homes (down 20.9% YoY)
Detached homes are averaging $700,000+, while buyers looking for value are finding opportunities in attached homes around $460,000
Median Sold Price: $810,000 (+8.0% YoY)
Closed Sales: 401 homes (+13.0% YoY)
🚀 Loudoun County detached homes are now selling for a median price over $1M. Townhouses are closing strong too at $642,500
Median Sold Price: $712,500 (+28.4% YoY)
Closed Sales: 67 homes (-9.5% YoY)
Biggest price growth award goes to Fauquier County, perfect for buyers seeking more space and land
✅ Sellers: Inventory is growing slightly but prices are staying strong, especially for detached homes. It's still a prime time to list and sell.
✅ Buyers: There's more inventory than last year, giving you more choices — but be ready to move quickly, especially in hot zones like Fairfax and Loudoun.
👉 Ready to make a move or just have questions about your home's value?
Email us here or contact our team — no pressure, just expert advice tailored for you.
Or visit ColganTeam.com to start your journey!
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