Old Town Alexandria is one of the most beautiful places in the world - cobblestone streets, waterfront dining, and historic townhomes that George Washington literally walked past. From $820K average sales prices to $2M+ waterfront estates in Del Ray and Old Town, this is where history meets serious real estate value. 


The move marks a major new chapter for one of Northern Virginia’s most visible real estate teams and social media brands.

I am excited to officially announce that the Chris Colgan Team has joined Real Brokerage.

The move brings our team of 28 real estate agents to Real and expands the company’s presence throughout Northern Virginia and the greater Washington, D.C., metropolitan area.

Our team is currently on pace to close approximately $150 million in real estate sales this year, serving buyers, sellers and investors across Fairfax, Loudoun, Prince William and Arlington counties, as well as Alexandria and the surrounding D.C. region.

This is a major milestone for our company, but it is also the beginning of our next chapter.

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By Chris Colgan
Real Nova Network

For more than a decade, one of the most valuable pieces of waterfront land in Northern Virginia has been sitting behind fences.

Not abandoned in the middle of nowhere.

Not tucked away where nobody sees it.

Right there in Alexandria.

The old Potomac River Generating Station in Old Town North has been one of those sites almost everyone around Alexandria knows, even if they do not know the official name. A massive former coal-fired power plant. Industrial. Closed off. Sitting on the Potomac River, just north of Old Town, in a city where waterfront land is some of the most important land there is.

And now, after years of planning, debate, city review, and public meetings, Alexandria…

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Overview

In the last few months, Northern Virginia’s housing market has been surprising buyers and sellers alike by acting not as one homogeneous real estate sector, but as many markets, split by each county. This can feel overwhelming for those looking to purchase a new home and those trying to offload an old one. That's why the Colgan Team is breaking down the current market trends pulled from data by Bright MLS — the number one resource for realty companies in the mid-Atlantic.

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In brief: Inventory is up everywhere, but prices are split, with some counties having rises and others flattening. Days on the market are stretching, and buyer psychology is shifting in a span of mere months. Below is a narrower breakdown of each micromanaged…

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By Chris Colgan, The Colgan Team at Real Broker | Updated April 2026

Overview

If you're thinking about buying a home or moving to Alexandria, Virginia, this is the full breakdown. After 22 years selling Northern Virginia real estate, I'll walk you through the pros, the cons, and what's actually happening in this market right now. (0:00)

Key Takeaways

  • Location is Alexandria's biggest pro: minutes to D.C., the Pentagon, Reagan National, and Amazon HQ2 in adjacent Arlington. The location alone justifies a lot of the premium.
  • Median home price hit $695,000 in February 2026, with homes selling at 98.4% of list price in 30 days. Inventory has loosened slightly but the market is still tight on well-priced properties.
  • …

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