Real Estate Blog

Kingstowne Real Estate – Market Update July 2017 

Kingstowne is located in Alexandria Virginia and known for its convenient location with easy access to major commuter routes, public transportation, and daily needs. Kingstowne is a planned community and home to over 5,300 residences. While Kingstowne itself is a community many locals know the area of Kingstowne as the 22315 zip code and some also consider 22310 a part of the area as it is situated right next to Kingstowne. For the purpose of this market report we will focus on the 22315 area.

 

Real Estate Activity in Kingstowne July 2017:
•Number of Sales: 63

•Highest Priced Sale: $740,000

•Lowest Priced Sale: $223,000

•Median Sale Price: $455,000

•Median Days on Market: 13

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This weekend is a great opportunity to purchase qualifying school supplies, clothing, footwear, hurricane and emergency preparedness items, Energy Star and WaterSense products and not have to pay any tax on the items you purchase. Take advantage of the legislation that was enacted by the 2015 General Assembly to combine Virginia’s three sales tax holidays into one three-day holiday. The Sales Tax Holiday will begin Friday, August 4, 2017 at 12:01 a.m. and end Sunday August 6, 2017 at 11:59 p.m.

School supplies, clothing and footwear: this applies to clothing and footwear under $100 per item and for school supplies under $20 per item. Some items, such as sports equipment, may not be exempt from sales tax during Virginia's sales tax holiday.

 

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Kingstowne Real Estate – Market Update June 2017 

Kingstowne is located in Alexandria Virginia and known for its convenient location with easy access to major commuter routes, public transportation, and daily needs. Kingstowne is a planned community and home to over 5,300 residences. While Kingstowne itself is a community many locals know the area of Kingstowne as the 22315 zip code and some also consider 22310 a part of the area as it is situated right next to Kingstowne. For the purpose of this market report we will focus on the 22315 area.

 

Real Estate Activity in Kingstowne June 2017:
•Number of Sales: 78

•Highest Priced Sale: $825,000

•Lowest Priced Sale: $210,500

•Median Sale Price: $452,250

•Median Days on Market: 7

•Median

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Do you have a future move planned? Moving can be complicated, especially since moving season is now officially upon us. We want to share seven tips to make the moving process easier for you.

Take advantage of move-in off days. Weekends are prime times for moving companies because most of us don’t work on the weekends. However if you can spare a few days during the week to move, it will save you money. You can also save money by not moving on the day when leases start and end, so avoid the 1st, 15th, 30th, and 31st of the month.

Don’t choose the cheapest quote. It can mean the cheapest service as well. Cheap moving companies will often cost you more in the long run. Pack without emotion. Packing can be a quicker process if you don’t have a

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Alexandria Real Estate Market Update – June 2017

Sales continued to be strong during June in Alexandria. We did see a decrease in the median sale to list price ratio but, the number of sales increased and days on the market saw no change. 

Let’s check in on the statistics and then review story behind them …

 

Real Estate Activity in Alexandria During June 2017

•Number of Sales: 652 (increase from 606 in May)

•Highest Priced Sale: $3,900,000

•Lowest Priced Sale: $100,000

•Median Sales Price: $482,300 (increase from $455,450 in May)

•Median Days on Market: 9 (no change from May)

•Median Sale Price to List Price Ratio: 98.50% (decrease from 98.68% in May)

Alexandria Home Sales June 2016 vs. June 2017
In June 2016 there were

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We luckily happened to stumble upon a great Korean restaurant that has an awesome lunch buffet that we just had to share about. Specializing in Korean fried chicken wings (yum!), Kochix also offers staple Korean dishes such a kimchi, bulgogi, and dumplings, all which are offered on their lunch buffet with a variety of side dishes. The wings they’re known for come in either Mild Honey, Spicy Honey, or Soy Garlic flavor. Trust us, the wings are crispy and delicious!

The lunch buffet is offered from 11am-2pm and is under $10, so not only can you have a hearty meal but it’s also a great deal! If you’re thinking of dinner instead, the menu offers a wide assortment of traditional and contemporary Korean dishes to choose from. We’re looking forward to trying

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Northern Virginia’s Best Value Neighborhoods

It is peak home buying season and homes are moving quickly in Northern Virginia.  Finding the perfect home at the right price can be a challenge.  Finding the perfect home in a great neighborhood can be a challenge as well.  Luckily, it just became a lot easier thanks to Trulia.  Using data from its site, Trulia, assessed all neighborhoods in the Washington DC metropolitan area for their overall value* considering the affordability of homes, number of restaurants, quality of schools, crime rates, and commute times.

 

Northern Virginia's Best Value Neighborhoods

City

Neighborhood

$$ Score

Restaurant Score

Commute Score

School Score

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Condo Sales in Alexandria, VA – Market Update June 2017

June 2017 Condo Sales in Alexandria

•Number of Sales: 216 (decrease from 218 in May)

•Highest Priced Sale: $1,599,000

•Lowest Priced Sale: $100,000

•Median Sales Price: $269,875 (decrease from $280,500 in June)

•Median Days on Market: 13 (increase from 11 in May)

•Median Sale to List Price Ratio: 97.77% (decrease from 98.07% in May)

How Does June 2016 Compare to June 2017?

There were 15 more condos sold this June as compared to last year. The median sale price was higher this year by $9,875 and days on the market were lower this year by 6. The median sale to list price ratio was just a bit stronger this year 2016 – 97.00% vs. 2017 – 97.77%.

Is It A Buyers or a

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Alexandria Real Estate Market Update – May 2017

May was another strong month for sales in Alexandria. The median sale price slightly decreased but, the number of homes sold was higher than April and days on market continue to be incredibly low.

Let’s check in on the statistics and then review story behind them …

 

Real Estate Activity in Alexandria During May 2017

•Number of Sales: 606 (increase from 477 in April)

•Highest Priced Sale: $1,842,500

•Lowest Priced Sale: $105,000

•Median Sales Price: $455,450 (decrease from $462,000 in April)

•Median Days on Market: 7 (decrease from 9 in April)

•Median Sale Price to List Price Ratio: 98.68% (increase from 98.61% in April)

Alexandria Home Sales May 2016 vs. May 2017
Comparing

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Kingstowne Real Estate – Market Update May 2017 

Kingstowne is located in Alexandria Virginia and known for its convenient location with easy access to major commuter routes, public transportation, and daily needs. Kingstowne is a planned community and home to over 5,300 residences. While Kingstowne itself is a community many locals know the area of Kingstowne as the 22315 zip code and some also consider 22310 a part of the area as it is situated right next to Kingstowne. For the purpose of this market report we will focus on the 22315 area.

 

Real Estate Activity in Kingstowne May 2017:
•Number of Sales: 60

•Highest Priced Sale: $832,800

•Lowest Priced Sale: $224,590

•Median Sale Price: $492,250

•Median Days on Market: 6

•Median

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