How Will COVID-19 Affect The Real Estate Market In Alexandria?

Spring is fast approaching and this is the time when the listing of homes for sale and the surge of buyers start to increase in the real estate market in Alexandria. But how will the current COVID-19 Pandemic affect the market this spring?

There is a decline of new listings but inventory continues to be introduced on the market and there is a preference for sellers to accept a purchase offer without a hone sale contingency.  With the COVID-19 pandemic, sellers are now required to sanitize and disinfectant their properties. Sellers now have to make arrangements for private showings with open houses now being closed to the public. Realtors such as Nesbitt Realty are now conducting appointments and negotiating contracts via Zoom.

Sellers and buyers alike will now be required to exercise patience and to take extra precaution while navigating the real estate market during this pandemic.

Properties in Alexandria

Home size: 1,496 sq.ft.

Subdiv: Kingstowne

Type: Row/Townhouse for Sale

Added: 05/31/20

Updated: 06/01/2020

Home size: 1,058 sq.ft.

Subdiv: Sequoyah

Type: Unit/Flat for Sale

Added: 06/08/19

Updated: 06/01/2020

Home size: 1,293 sq.ft.

Subdiv: Stratford On the Potomac

Type: Detached for Sale

Added: 05/22/20

Updated: 06/01/2020

Home size: 1,513 sq.ft.

Subdiv: Old Town Greens

Type: Row/Townhouse for Sale

Added: 06/01/20

Updated: 06/01/2020

Home size: 1,260 sq.ft.

Subdiv: Old Town

Type: Detached for Sale

Added: 06/01/20

Updated: 06/01/2020

Home size: 1,750 sq.ft.

Subdiv: Stoneybrooke

Type: Detached for Sale

Added: 06/01/20

Updated: 06/01/2020

Home size: 1,305 sq.ft.

Subdiv: Montebello

Type: Unit/Flat for Sale

Added: 06/01/20

Updated: 06/01/2020

Home size: 850 sq.ft.

Subdiv: Hunting Creek Club Apts

Type: Unit/Flat for Sale

Added: 06/01/20

Updated: 06/01/2020

Home size: 1,145 sq.ft.

Subdiv: Northampton Place

Type: Unit/Flat for Sale

Added: 06/01/20

Updated: 06/01/2020

Home size: 1,366 sq.ft.

Subdiv: The Lofts

Type: Unit/Flat for Sale

Added: 06/01/20

Updated: 06/01/2020

Home size: 1,280 sq.ft.

Subdiv: Jefferson Manor

Type: Twin/Semi-Detached for Sale

Added: 05/22/20

Updated: 05/31/2020

Home size: 3,740 sq.ft.

Subdiv: Pinecrest

Type: Detached for Sale

Added: 04/27/20

Updated: 05/31/2020

Home size: 1,080 sq.ft.

Subdiv: D Evereux West

Type: End of Row/Townhouse for Sale

Added: 05/30/20

Updated: 05/31/2020

Home size: 3,598 sq.ft.

Subdiv: Plymouth Haven

Type: Detached for Sale

Added: 05/30/20

Updated: 05/31/2020

Home size: 1,654 sq.ft.

Subdiv: Mount Vernon Park

Type: Detached for Sale

Added: 03/31/20

Updated: 05/31/2020

Home size: 1,610 sq.ft.

Subdiv: Alexandria House

Type: Unit/Flat for Sale

Added: 02/15/20

Updated: 05/31/2020

Home size: 1,454 sq.ft.

Subdiv: Valley Park Condo

Type: Unit/Flat for Sale

Added: 05/29/20

Updated: 05/31/2020

Home size: 1,224 sq.ft.

Subdiv: Thomas Shelton Estate

Type: End of Row/Townhouse for Sale

Added: 05/14/20

Updated: 05/31/2020

Home size: 900 sq.ft.

Subdiv: Parker Gray

Type: Row/Townhouse for Sale

Added: 11/28/19

Updated: 05/31/2020

Home size: 1,525 sq.ft.

Subdiv: Montebello

Type: Unit/Flat for Sale

Added: 04/24/20

Updated: 05/31/2020

Jodi Ann

View posts by Jodi Ann
Jodi has been trained in Data Entry, Operations Management and Administrative tasks. She also holds a Bachelors Degree in Banking and Finance with a hope of pursuing a Masters in Banking and Finance. She is a senior writer for Nesbitt Realty and an expert on Alexandria Virginia. Outside of work, Jodi enjoys spending time with her son and her family.