Homeowners from Alexandria have changed houses less in the past years. During the first quarter of 2019, homeowners in Alexandria have sold their homes have lived in it for an average of 8.05 years. As compared to an average of 8.17 years during the last quarter of 2018, the numbers has started to decline.
Before the great recession occurred, homeownership tenure averaged at just 4.21 years. However, homeowners who stay longer are able to see higher gains at resale. In the first quarter of 2019, home sellers in Alexandria pocketed an average price gain of $57,500 since their purchase, which is an average 31.5% return on the purchase price.
Among large metros with populations of at least 1 million, the areas with the longest average homeownership tenure for home sellers who sold in the first quarter were:
- Hartford, Conn.: 12.52 years
- Boston: 12.36 years
- Providence, R.I.: 11.15 years
- San Francisco: 10.40 years
- San Jose, Calif.: 10.27 years
- Kansas City, Missouri
- Tucson, Arizona
- Boston, Massachusetts
- Orlando, Florida
- Oklahoma City
Properties in Alexandria
$300,000 at Pointe At Park Center
$269,999 at Highpointe
$2,498,000 at Old Town Alexandria
$224,900 at Forty Six Hundred
$730,000 at Groveton Heights
$1,450,000 at Waynewood
