The Alexandria housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have increased 8.3% in the past month alone. With 3.0 months of supply, Alexandria's inventory levels remain relatively tight. Homes are taking about 13 days to sell, which is -12 days longer than this time last year. Only 8.3% of listings saw price reductions, suggesting sellers are confident in their pricing. Approximately 16.7% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Alexandria market with the affordability index at 211.2. Market projections suggest continued price appreciation in the coming months as demand outpaces supply.