From $200,000 to $1.2 million: Homes sold in Alexandria last week

ALEXANDRIA, Va. — Nineteen homes closed in Alexandria in the last week, ranging from a $200,000 one-bedroom at Eos Twenty-One to a $1.2 million waterfront condominium at Porto Vecchio, according to data from Redfin. The average sale price was $560,316 across an average of 1,206 square feet, or a blended $464 per square foot. The median sale price was $461,000.

It was the slowest and cheapest week in the eight the Brief has tracked. Nineteen closings followed 35 the week before, and the average price fell $290,431 from $850,747. The blended rate per square foot dropped from $497 to $464, and the median from $740,000 to $461,000.

The top of the market thinned out. One home sold above $1 million, against 10 the week before. Ten sold below $500,000 and eight closed in between, a middle band that held 14 sales last week and five the week before that.

Condominiums accounted for 13 of the 19 closings, with four townhouses, one detached house and one listing whose type is unclear. Nine sales were in the 22314 ZIP code covering Old Town and Carlyle and seven were in 22304 in the West End, with two in 22302 and one in 22312.

The week's most expensive sale was 1250 S. Washington St. #703 at Porto Vecchio, a two-bedroom, two-bath condominium of 1,439 square feet in a 1983 building on the Potomac at the south end of Old Town. It sold Sept. 9 for $1,199,000, or $833 per square foot, the steepest rate of the week. The unit carries a $1,672 monthly homeowners association fee.

Below it the top of the market ran suburban. A three-bedroom townhouse at 445 Old Town Ct. in Old Town Station sold for $985,000. Two homes tied at $840,000: a two-bedroom at 649 S. Columbus St. in Arch Hall, and a four-bedroom at 1111 Archer Ct. in Lincolnia Hills, at 2,302 square feet the largest home of the week and, at $365 per square foot, one of the cheapest rates above $800,000. Cameron Station produced the fifth-highest sale, a three-bedroom at 5094 Grimm Dr. for $825,000.

Cameron Station recorded two closings, as did the Baggett area and Carlyle Towers on Jamieson Avenue. Eos Twenty-One on South Van Dorn Street accounted for the two lowest prices of the week: a two-bedroom at $275,000, or $262 per square foot, and a one-bedroom at $200,000. The Eos two-bedroom sold for less than a third the rate of the Porto Vecchio unit at the other end of the list.

Listing histories for all 19 sales show sellers holding closer to their asking prices than they have in recent weeks. The homes were first posted at a combined $10,708,590 and sold for $10,646,000, or 99.4 percent of original list, up from 97.6 percent last week. Four sold above their asking price, six sold at it and nine sold below. They averaged 55 days from first posting to closing, with a median of 47.

Every one of the week's five most expensive homes closed at exactly its opening price.

Speed again tracked with outcome. Of the seven homes that closed within 40 days of first posting, six got at least 98 percent of their opening price and three beat it. Both homes that took 90 days or more sold below their ask.

The largest premium of the week went to 1620 Boyle St. in the Baggett Tract, a two-bedroom listed Aug. 19 at $599,000. The price was revised up to $614,000 on Aug. 25, the same day it went pending, and it closed at that number Sept. 4 — 16 days from first posting, the fastest sale of the week. Two others beat their ask by similar margins: a one-bedroom at 801 S. Pitt St. in St. Asaph Square, listed at $450,000 and sold for $461,000, and a two-bedroom at 1589-B N. Van Dorn St. in Parkside, listed at $445,000 and sold for $455,000. Both took under a month.

The steepest markdown was a two-bedroom at 1205 N. Pitt St. in Canal Place, listed June 23 at $400,000 and sold Sept. 4 for $362,500 — 90.6 percent of the original ask after 73 days, and a $37,500 cut. The listing marketed it as an investor special a block from the Potomac, sold as-is, and said the unit was not in livable condition.

The longest listing of the week belonged to 219 Buchanan St. in the Baggett neighborhood, a two-bedroom posted as coming soon April 27 at $689,000. It went contingent in July, was removed and relisted within a day, went contingent again in August and sold Sept. 8 for $679,000 — 134 days from first posting.

Two of the 19 sellers marketed assumable VA loans, a pitch that has become more common as rates have stayed elevated. A two-bedroom at 2181 Jamieson Ave. in Carlyle Towers advertised a 2.375 percent assumable rate, telling buyers the underlying mortgage and homeowners association fee together would run about $2,400 a month. A two-bedroom at 3307 Wyndham Cir. in Pointe at Park Center made a similar offer.

A third seller went a different route. The listing for 219 Buchanan St. offered $10,000 toward a buyer's closing costs, or the same amount off the price, whichever the buyer preferred.

For the third week running, a seller tried to rent a home while it was still for sale. A two-bedroom at 60 S. Van Dorn St. in Eos Twenty-One was listed May 8 at $279,000, cut to $275,000 nine days later, then went pending, was relisted, went pending again and was relisted twice more over the summer. In June the owner listed it for rent at $2,500 a month, withdrawing the rental Sept. 1. The unit sold Sept. 8 at $275,000, 123 days after first posting. The final listing said it had returned to the market because of unexpected buyer circumstances.

The week's figures sit against a citywide market that has been getting more expensive and slower at the same time. Over the three months ending in July, the most recent period for which Redfin has published data, Alexandria's median sale price was $722,880, up 6.3 percent from a year earlier, and the median price per square foot was $465, up 6.2 percent. Homes took a median of 40 days to sell, two days longer than a year ago. There were 173 sales in July, down from 178 in July 2025.

One number lined up almost exactly. The blended rate of $464 per square foot across the week's 19 sales is within a dollar of the citywide median of $465 through July.

What Sold

Ryan Belmore is an Alexandria resident and the founder and publisher of The Alexandria Brief. Send tips, feedback, and story ideas to ryan@alexandriabrief.com.