From $242,500 to $1.8 million: Homes sold in Alexandria last week

ALEXANDRIA, Va. - Sixteen homes closed in Alexandria last week, ranging from a $242,500 two-bedroom at Mayflower Square on North Armistead Street to a $1,775,000 Craftsman on Elmore Drive in Beverley Hills, according to data from Redfin. The average sale price was $744,812 across an average of 1,628 square feet, or a blended $458 per square foot. The median sale price was $641,000.

Volume fell to its lowest point since the Brief began tracking weekly closings in mid-July. Sixteen sales is down from 20 the week before and 23 the week of July 30, and the top of the market came down with it. The week's most expensive home sold for $1,775,000, roughly half the $3.4 million and $3.7 million sales that led the two prior weeks. Four homes still crossed $1 million, matching each of the last two weeks, and six sold for less than $500,000.

The blended rate of $458 per square foot was the lowest of the five weeks tracked, reflecting a market weighted toward mid-sized townhouses rather than the small high-priced condominiums that drove July's figures.

The week's most expensive property, 3307 Elmore Dr., was also its largest at 3,252 square feet. The five-bedroom, four-and-a-half-bath Craftsman was rebuilt to the studs in 2008 and was marketed with an assumable VA loan at 4.5 percent.

Two more sales cleared $1.2 million. A four-level end-unit townhouse at 917 Parker Gray School Way, near the Braddock Road Metro station, sold for $1,320,000, and a stone cottage at 1302 Quincy St. went for $1,182,500. The Quincy Street house is one of a pair built by two Italian brothers in 1949 and since expanded to four bedrooms.

Listing histories for all 16 sales show a market where sellers are largely holding their asking prices but waiting longer to get them. Together the homes were first listed at a combined $12,103,999 and sold for $11,917,000, or 98.5 percent of original list. Four sold above their opening price, three sold at it and nine sold below. They averaged 68 days from first listing to closing and 34 days to go under contract.

That figure sits close to the citywide numbers the city manager's office has tracked through the past year, when the average sale price as a share of original list slipped from 99.4 percent to below 98 percent as days on market lengthened.

Speed and price moved together. The three fastest sales to go under contract all held their asking price or beat it: the Quincy Street cottage went under contract four days after listing and sold $32,500 above its $1,150,000 ask, the Glebe Road townhouse took three days and sold at its full $739,000, and the Lambert Drive condominium took three days and sold within $2,000 of list. The Marina Towers unit at 501 Slaters Ln. never reached the open market at all, going pending the same day it was posted as coming soon; the listing noted the tenant held a right of first refusal.

The homes that sat longest gave up the most. The four sales that took more than 90 days to close all sold below their opening price, and together accounted for nearly all of the week's $186,999 gap between combined list and sale prices.

The week's longest road belonged to 917 Rolfe Pl., the brick townhouse between Old Town and Del Ray that sold for $870,000. It first came on the market April 15 at $975,000 and was relisted three times under separate MLS numbers over the following four months. Its price was cut in $100 increments on seven consecutive days in mid-June, from $944,900 down to $944,400, before a larger reduction to $929,000. The sellers also listed the home for rent at $5,200 a month in July, dropping to $5,100, and withdrew the rental listing July 24. The sale closed 120 days after the first listing at 89.2 percent of the original asking price.

The largest straight price reduction was at 200 N. Pickett St., the combined two-unit residence at Hallmark Condominiums. Listed at $540,000 in May, it was cut three times over two months before selling for $499,000, or 92.4 percent of the original ask, after 104 days.

The steepest price per square foot came from Old Town North, though at a far lower rate than in recent weeks. A two-bedroom waterfront unit at Marina Towers, 501 Slaters Ln., sold for $670,000, or $605 per square foot. That is the first week since mid-July in which no sale topped $700 per square foot.

Parkfairfax accounted for two of the week's closings, both 900-square-foot two-bedrooms sold within a day of each other: 1619 Mount Eagle Pl. at $415,000 and 3376 Gunston Rd. at $407,000.

At the bottom of the market, the West End again supplied the lowest entry points. The $242,500 sale at Mayflower Square, a $315,000 two-bedroom in Bolling Brook and a $323,000 one-bedroom at Manors at Stonegate on Lambert Drive were the week's three cheapest closings.

What sold

Data sourced from Redfin. Neighborhood designations reflect Redfin's records. Sales reflect closings reported Aug. 13-19, 2026. The Alexandria Brief publishes this roundup every Wednesday. Data may not reflect all transactions recorded during this period.