Real Estate
Properties $500K And Up Surpass 50 Percent In Alexandria
Properties under $500K used to make up more than half of Alexandria's assessed homes. Now it's the other way around.
ALEXANDRIA, VA—While it remains to be seen what Amazon's future headquarters does for the real estate market, the newest home assessment data shows the challenge of rising home prices is already looming over Alexandria.
Washington Business Journal reported that 51 percent of assessed homes in Alexandria are $500,000 or more in 2019, according to the latest assessment data. In 2018, $500,000 properties began to outnumber those under $500,000, unlike previous years.
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