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: 1,348 sq.ft.

Subdiv: Arch Hall

Type: Row/Townhouse for Sale

Added: 10/23/20

Updated: 10/28/2020

Home size: 1,220 sq.ft.

Subdiv: Van Dorn Village

Type: Row/Townhouse for Sale

Added: 10/16/20

Updated: 10/28/2020

Home size: 1,542 sq.ft.

Subdiv: Old Town

Type: End of Row/Townhouse for Sale

Added: 10/28/20

Updated: 10/28/2020

Home size: 1,260 sq.ft.

Subdiv: Old Town

Type: Row/Townhouse for Sale

Added: 10/28/20

Updated: 10/28/2020

Home size: 2,070 sq.ft.

Subdiv: Olde Belhaven Towne

Type: Row/Townhouse for Sale

Added: 10/28/20

Updated: 10/28/2020

Home size: 717 sq.ft.

Subdiv: 1600 Prince Street

Type: Unit/Flat for Sale

Added: 10/28/20

Updated: 10/28/2020

Home size: 772 sq.ft.

Subdiv: Exchange At van Dorn

Type: Unit/Flat for Sale

Added: 10/28/20

Updated: 10/28/2020

Home size: 824 sq.ft.

Subdiv: Parkfairfax

Type: Penthouse Unit/Flat for Sale

Added: 10/28/20

Updated: 10/28/2020

Home size: 531 sq.ft.

Subdiv: Pointe At Park Center

Type: Unit/Flat for Sale

Added: 10/28/20

Updated: 10/28/2020

Home size: 2,400 sq.ft.

Subdiv: Old Town Alexandria

Type: End of Row/Townhouse for Sale

Added: 08/01/20

Updated: 10/27/2020

Home size: 1,518 sq.ft.

Subdiv: Berkshire

Type: Row/Townhouse for Sale

Added: 10/23/20

Updated: 10/27/2020

Home size: 1,248 sq.ft.

Subdiv: Old Town Alexandria

Type: Row/Townhouse for Sale

Added: 10/27/20

Updated: 10/27/2020

Home size: 1,041 sq.ft.

Subdiv: Fairfax Homes

Type: Detached for Sale

Added: 10/16/20

Updated: 10/27/2020

Home size: 816 sq.ft.

Subdiv: Jefferson Manor

Type: Twin/Semi-Detached for Sale

Added: 09/12/20

Updated: 10/27/2020

Home size: 1,308 sq.ft.

Subdiv: Woodstone

Type: Row/Townhouse for Sale

Added: 10/14/20

Updated: 10/27/2020

Home size: 1,215 sq.ft.

Subdiv: Stratford Place At Kings

Type: Unit/Flat for Sale

Added: 09/27/20

Updated: 10/27/2020

Home size: 3,625 sq.ft.

Subdiv: Beverley Hills

Type: Detached for Sale

Added: 10/09/20

Updated: 10/27/2020

Home size: 1,400 sq.ft.

Subdiv: Windsor Park

Type: Row/Townhouse for Sale

Added: 09/03/20

Updated: 10/27/2020

Home size: 1,052 sq.ft.

Subdiv: Old Town

Type: Row/Townhouse for Sale

Added: 10/27/20

Updated: 10/27/2020

Home size: 3,900 sq.ft.

Subdiv: Old Town Alexandria

Type: Twin/Semi-Detached for Sale

Added: 10/27/20

Updated: 10/27/2020

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.