Alexandria real estate is the site of a growing, historic community located along the Western bank of the Potomac River approximately six miles south of Washington, D.C. The city’s Old Town district was one of the country’s first designated historic districts, and it still holds on to its 18th century charm today. It’s concentration of boutiques, restaurants, antique shops and theaters mixed with cobblestone streets and waterfront views welcome both visitors and Alexandria real estate owners alike, making Old Town Alexandria real estate some of the most desirable and highly valued in the city.
Like the rest of Northern Virginia, as well as central Maryland, modern Alexandria has been shaped by its proximity to the nation’s capital. It is largely populated by professionals working in the federal civil service, in the U.S. military, or for one of the many private companies which contract to provide services to the federal government. But Alexandria real estate is perhaps best known for the diversity and dynamism of its many unique neighborhoods, from Del Ray and the West End to Mount Vernon.
A portion of adjacent Fairfax County, Virginia is named Alexandria, but is under the jurisdiction of Fairfax County and separate from the city; the city is sometimes referred to as the City of Alexandria or Alexandria City to avoid confusion.
Alexandria real estate prices have been increasing, but the city still remains a smart place to buy a home. Like Old Town, many Alexandria neighborhoods are compact, walkable, high-income suburbs of Washington, D.C. It is the seventh largest and highest income independent city in Virginia. Due to the excellent public school system and the abundant job opportunities that call Alexandria real estate home, many families and business professionals opt to live here.