Are buyers active in Alexandria?

Buyers in Alexandria are quite active right now, scooping up homes at a good pace. This means that when a home goes on the market, it's likely to get an offer. The median listing price in Alexandria is $227,000, which is 2.4% lower than last month and 8.6% lower than last year. This could be a good sign for buyers looking for more affordable options. There are 310 homes for sale right now, which is 16% fewer than last year. Even with fewer homes to choose from, buyers are still making offers quickly. Homes are selling in about 76 days. While this is only slightly faster than last year, the number of homes going under contract is high. About 17.3% of homes have had their prices reduced, which is a bit more than last year. This suggests that some sellers are adjusting their expectations to attract buyers. But with almost half of all listings (146 out of 310) already under contract, buyers are clearly engaged. This high pending ratio, up 10.5% from last year, shows that homes are moving off the market quickly once buyers find what they want. For buyers, this means you might find some deals, but you should be ready to act fast when you see a home you like.