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The Amazon HQ2 Effect Hits Alexandria As Home Sales Jump 70%
New housing data reveals that the HQ2 real estate effect extends well beyond National Landing.
In December, UrbanTurf reported that home searches and contracts increased by a respective 743 percent and 633 percent in the National Landing area just after the neighborhood was selected for Amazon's second headquarters. Now, it appears that all of Alexandria City is benefiting from the online giant's arrival.
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The number of listings in Alexandria that went under contract last month rose 71 percent compared to a year ago, jumping from 127 to 217. The number of active listings consequently fell by 40 percent, resulting in the supply of homes for sale dropping below one month for the first time in 10 years.
All cash purchases accounted for 18 percent of sales last month, up from 10 percent of sales in December 2017, an indication that investors are seizing on opportunities in the city.
More of UrbanTurf's HQ2 coverage below:
- National Landing: Brought to You By Amazon
- With Amazon, All Real Estate is Now Local in the DC Area
- The Yellow Line Rent Watch Begins
- DC Expected to Gain 3,550 Households from Amazon Employees
- With Amazon Anticipation, Homebuyers’ Eyes Turn to Arlington
- Here is How Many More Apartments The DC Area Will Need if the Region Lands Amazon
- Is The DC Area Rental Market Ideally Positioned to Accommodate Amazon?
See other articles related to: national landing, amazon hq2 real estate effect, amazon hq2, Alexandria real estate, alexandria
This article originally published at https://dc.urbanturf.com/articles/blog/the-amazon-hq2-effect-hits-alexandria-as-home-sales-jump-70/14873
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Ballston
Looking to Give People A Reason to Stay Past 6pm
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Clarendon
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Columbia Pike
Arlington’s Neglected Stepchild is Getting a Makeover
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Crystal City
Turning Lemons into Lemonade
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Lyon Village
Developing An Air of Exclusivity?
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Rosslyn
Hitting Its Growth Spurt
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Shirlington
An Urban Village Hitting Its Stride
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Del Ray
Virginia’s Small Town Near the Big City
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Eisenhower Avenue
The Vibrancy Might Take a Few Years
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Huntington
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Old Town
Mayberry By The Potomac
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Parkfairfax
132 Commerical-Free Acres
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Downtown Falls Church
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Tysons Corner
Radical Change Could Be On The Way
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Bedroom Community Gets Buzzing Cache
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Cabin John
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Chevy Chase
Affluence, Green Lawns and Pricey Homes
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Downtown Silver Spring
Experiencing a Resurgence After a Bumpy History
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Potomac
A Suburb on Steroids
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Rockville Town Square
Despite the Dynamism, Still Somewhat Generic
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Takoma Park
More Than a Little Bit Quirky
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Wheaton
A Foodie Magnet on the Verge of Change
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Capitol Heights
Kudzu, Front Porches and Crime
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Hyattsville
Glass Half Full or Half Empty?
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Mount Rainier
Artists, Affordable Homes and A Silo Full of Corn
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National Harbor
A Development Rises Next to the Potomac
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Riverdale Park
A Town Looking For Its Identity
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16th Street Heights
DC's Sleeper Neighborhood
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Bloomingdale
Where (Almost) Everyone Knows Your Name
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AU Park
One of DC’s Last Frontiers Before the Suburbs
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Brightwood
DC’s Northern Neighborhood on the Cusp
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Burleith
DC’s 535 House Neighborhood
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Cathedral Heights
Do You Know Where That Is?
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Chevy Chase DC
Not to Be Confused With the Other Chevy Chase
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Cleveland Park
Coming Back After A Rough Year
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Columbia Heights
DC’s Most Diverse Neighborhood, But For How Long?
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Crestwood
An Island of Serenity East of the Park
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Dupont Circle
The Best of DC (For a Price)
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Foggy Bottom & West End
Where the Institutional Meets the International
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Forest Hills
Ambassadors and Adventurous Architecture
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Foxhall Village
350 Homes Just West of Georgetown
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Friendship Heights
A Shopping Mecca With a Few Places to Live
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Georgetown
History, Hoyas and H&M
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Glover Park
One of DC’s Preppier and More Family-Friendly Neighborhoods
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Kalorama
A Posh View From Embassy Row
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LeDroit Park
A Quiet Enclave in the Middle of the City
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Logan Circle
Trendy Now, But Not By Accident
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Mount Pleasant
Sought-After Homes Surround Main Street in Transition
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Mount Vernon Triangle
From Seedy to Sought-After
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Palisades
The Long, Skinny Neighborhood at the City’s Northwest Edge
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Park View
It’s Not Petworth
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Penn Quarter/Chinatown
DC’s Go-Go-Go Neighborhood
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Petworth
Getting a Vibrancy of Its Own
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Shaw
The Duke’s Former Stomping Ground
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Shepherd Park
DC’s Garden of Diversity
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Spring Valley
A Suburb With a DC Zip Code
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Takoma
Not To Be Confused With Takoma Park
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Tenleytown
Not Quite Like Its Neighbors
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U Street Corridor
The Difference a Decade Makes
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Woodley Park
Deceptively Residential
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Adams Morgan
No Longer DC’s Hippest Neighborhood, But Still Loved by Residents
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Southwest DC
The little quadrant that could
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Southwest Waterfront
A Neighborhood Where A Change Is Gonna Come
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Northeast DC
Profiles of 10 neighborhoods in NE
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Brookland
New Development Could Shake Up Pastoral Peace
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Deanwood
A Little Bit of Country Just Inside the District’s Borders
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Eckington
Not to Be Confused With Bloomingdale
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Fort Totten
Five Years Could Make a Big Difference
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H Street
A Place To Party, and To Settle Down
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Langdon
The Northeast Neighborhood That Few Know About
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Michigan Park
A Newsletter-On-Your-Doorstep Community
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NoMa
Evolving from a Brand to a Neighborhood
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Rosedale
Ripe for Investment Right About Now
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Trinidad
The Difference 5 Years Makes
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Woodridge
Big Houses, A Dusty Commercial Strip and Potential
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Southeast DC
6 neighborhoods from Capitol Hill to East of the River
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Capitol Riverfront
Still Growing
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Hill East
Capitol Hill’s Lesser Known Neighbor
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Congress Heights
Gradually Rising
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Hillcrest
Notable for Its Neighborliness
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Historic Anacostia
Future Promise Breeds Cautious Optimism
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Eastern Market
A More European Way of Living
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Off the Beaten Turf
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