Homes for Sale in Kingstowne VA

Kingstowne Home Sales November 2018 Market Update

Kingstowne Home Sales November 2018 Market Update

Lets check in on what happened in the Kingstowne market during November 2018. We’ve been receiving a lot of questions about the market in general and specifically whether it’s still a seller’s market. While days on the market are higher than they were the reality is they’re still very low and so is inventory. Read on to find out if it’s still a seller’s market!
 


•Number of Sales: 38

•Highest Priced Sale: $826,225

•Lowest Priced Sale: $223,100

•Median Sales Price: $477,475

•Median Days on Market: 18

•Median Sale Price to List Price Ratio: 100%

Is It A Buyer’s Or A Seller’s Market?
It is still a seller’s market. There are markets that have shifted to a stable market in others areas of the country but, in regard to Kingstowne that’s just not the case.

 

View homes for sale in Kingstowne
 


Current Inventory In Kingstowne

There are currently 41 homes for sale in Kingstowne. That’s a decrease of 30 homes from this time last month. As we’ve mentioned in our previous market reports it’s important to point out that the Crest Of Alexandria a 55+ active adult community has added new construction listings (11 at this time) making resale inventory even lower than the total active inventory. If you’re considering selling your Kingstowne home now is an excellent time. Homes that are priced correctly, have a reasonable amount of updates, and show well are moving quickly. Many in less than a week. Buyers continue to seek a turn-key ready product and resist homes that are overpriced. Do not make the misstep of rushing to put your home on the market. Taking the time to properly prepare it will produce the best results.
 


If you’d like to know more about the Kingstowne market reach out to us, we’d be happy to answer your questions.
 


Receive a free home value estimate within minutes. Our home value tool is just a guide, and to be used solely to receive an estimate. If you prefer to receive a precise analaysis on what your home is worth in the current market reach out to Amanda Davidson 703-431-3755.

 

See homes for sale in Kingstowne 

 


 

 

Homes For Sale In Runnymeade in Alexandria | Market Update December 2018

Homes For Sale In Runnymeade in Alexandria | Market Update December 2018

Runnymeade is located in Alexandria off of South Van Dorn Street and Crown Royal Drive.  The neighborhood is home to 346 townhomes that were built between 1983 and 1987. All of the homes have 3 levels and range from 2,080 to 3,000 square feet depending on the floor plan. There are six-floor plans; Alford, Berwick, Darnley, Elgin, Falkirk, and Marlburough. The townhomes in Runnymeade typically have 2-4 bedrooms and 2-3 full bathrooms. Some of the homes have a one car garage while others sell with surface parking.
 


Community Amenities

Community amenities in Runnymeade include tennis courts, tot lots, and common areas. There is a beautiful wooded area of the community where you’ll often see residents playing with their children, walking their dogs, or enjoying a game of catch or kickball.

 

What’s Nearby Runnymeade?

Runnymeade is very conveniently located. Kingstowne Towne Center is less than 5 minutes away. You’ll find multiple grocery stores, Kingstowne 16 Movie Theater, World Market, Home Goods, Panera Bread, Pasara Thai, Bonefish Grill, Bath and Body Works and many other dining and retail options in the center. Runnymeade is also close to Springfield Town Center, home to Maggiano’s, Yard House, Chuys, LA Fitness, Target, and many retail stores. Check out the movie theatre while you’re there – super comfortable seats, delicious food and you can even have an adult beverage while you watch the latest release. Hilltop Village Center, home to the sought after Wegmans grocery store is less than ten minutes from the neighborhood. The community is two lights from the Beltway making it very commuter friendly. Van Dorn and Franconia Springfield metro stations are easily accessible from Runnymeade and there is a bus stop located in the front of the neighborhood that’s in walking distance to all residents. 395, 495, 95, and Fairfax County Parkway are all just minutes away.
 


What Schools Will The Kids Attend?

Kids in Runnymeade will attend Bush Hill Elementary, Twain Middle, and Edison High School. Visit www.greatschools.org for reviews and information on test scores.

 

The following is a review of activity in Runnymeade since January 2018.

•Number of Sales: 15

•Highest Priced Sale: $482,650

•Lowest Priced Sale: $419,000

•Median Sales Price: $460,500

•Median Days on Market: 16

•Median Sale Price to List Price Ratio: 100%
 


There are currently no homes for sale in Runnymeade. If you’d like to know more about the neighborhood or are considering selling reach out to us. We look forward to answering your questions.

 

Find out what the current value of your Runnymeade home is by using our free home value tool.
 

 

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Condos For Sale In Kingstowne | Market Update October 2018

Condos For Sale In Kingstowne | Market Update October 2018

Kingstowne is a planned community of over 5,300 homes. The community consists of condos, townhomes, and single family homes. Many locals consider 22315 the Kingstowne area and for our condo market update that’s the zip code we’ll focus on.  
 


October 2018 Condo Sales in Kingstowne

•Number of Sales: 6

•Highest Priced Sale: $345,000

•Lowest Priced Sale: $235,000

•Median Sales Price: $331,745

•Median Days on Market: 10

•Median Sale to List Price Ratio: 98.83%
 


How Do Sales in October 2017 Compare to October 2018?

8 condos sold in October 2017 with a median sale price of $292,750. Days on the market were higher, coming in at 18 and the median sale to list price ratio was 98.00%. The change in median sale price is an important statistic to take note of, a 13.3% increase.
 


Kingstowne Condo Inventory

There are currently 10 condos for sale in Kingstowne. They range from a 2 bedroom, 2 bath with 1,053 square feet priced at $269,000 up to a 2 bedroom, 2 bath with 1,277 square feet priced at $325,000. The total number of condos for sale includes new construction condos at The Crest Of Alexandria, a 55+ community located off Telegraph Road. Base pricing starts at $429,900 for a 2 bedroom, 2 bath.  

Inventory in Kingstowne remains low and condos are no exception. Rising interest rates and the winter season have not slowed buyers down. You can read more about the Kingstowne housing market in our October 2018 market update. Homes that have a reasonable amount of updates and that are priced according to the market are moving quickly. Sellers do need to understand that the market has changed from this spring when we were seeing 5, 6, 7+ offers on homes. That is no longer the case and if you try to chase the market your home is going to sit and be avoided by buyers. High days on the market and an inevitable price drop will cost you far more than pricing your home correctly from the start. It’s still a seller’s market but, buyers are looking for value in the form of homes that are priced according to the market. Pricing your home correctly and properly preparing it for sale will ensure a timely sale for the highest price possible.
 


If you’re looking to buy a condo in Kingstowne it’s important to know that inventory remains low. Homes that show well and are priced correctly are selling quickly. There’s still a strong chance that if a home that has just come on the market that matches those criteria that other buyers will also be interested. Do not delay in making an offer when you find the home you want to purchase. Consult with your agent on the best strategy to take. Every neighborhood and property is different and understanding the current market trends is important to position your offer to be appealing to the seller.

 

To receive a free estimate of what your Kingstowne condo is worth in the current market visit our free home value tool.

If you’re buying or selling a condo in Kingstowne and would like to work with an experienced agent reach out to us and let’s connect.

 

See condos for sale in Kingstowne

 

 

Homes For Sale In Island Creek in Alexandria, Virginia | November 2018 Market Update

Homes For Sale In Island Creek in Alexandria, Virginia | November 2018 Market Update

There are over 1200 homes in the Island Creek neighborhood in Alexandria Virginia. The neighborhood is home to single family homes, townhouses, and two styles of condos; garden and townhouse style. Island Creek is conveniently located off Beulah Street in the Kingstowne area of Alexandria. The neighborhood is known for its amenities and convenient location; two outdoor pools, tot lots, tennis, basketball, and volleyball courts are all available for residents to use. There’s an assortment of jogging and biking trails through the community and residents also enjoy a private lake. Island Creek features a clubhouse that can be reserved for parties or special events.
 


What’s Nearby Island Creek?

Minutes to Fort Belvoir, public transportation and major highways this community is sought after because of its convenient location for commuters. The Springfield Town Center is just minutes from Island Creek and home to Top Shop, Michael Kors, Forever 21, Dicks Sporting Goods, Macy’s and many more. There are also numerous dining options in the town center; Maggianos, Nando's Peri Peri, Chuys, and Yardhouse just to name a few. Hilltop Village Center is within walking distance of Island Creek and home to Wegmans, LA Fitness, Green Turtle, Burtons Grill and many other retail locations. Residents of Island Creek find access to daily needs, commuter routes, shopping, dining, and entertainment all very convenient.
 


The following is a review of activity in Island Creek since November 2017.

•Number of Sales: 49

•Highest Priced Sale: $860,000

•Lowest Priced Sale: $310,000

•Median Sales Price: $505,000

•Median Days on Market: 35

•Median Sale Price to List Price Ratio: 99%

What Schools Will The Kids Attend?
Children that live in Island Creek will attend Island Creek Elementary and Hayfield Secondary Schools. Visit the GreatSchools website for more information about these schools including reviews and test scores.

 


There are currently 7 homes for sale in Island Creek. Have you been thinking about selling your Island Creek home? Find out its value in the current market by visiting our home value tool for a free estimate.
 


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To learn more about Island Creek contact Amanda Davidson Real Estate Group 703.988.3151.

 

 

Kingstowne Home Sales | October 2018 Market Update

Kingstowne Home Sales October 2018 Market Update

The number of homes sold in Kingstowne increased from September to October. The median sale to list price ratio increased slightly and days on the market also increased. Sale to list price ratio remains extremely strong.
 

Let’s check in on what happened in the Kingstowne market during October 2018.

•Number of Sales: 45

•Highest Priced Sale: $1,100,000

•Lowest Priced Sale: $240,000

•Median Sales Price: $482,000

•Median Days on Market: 16

•Median Sale Price to List Price Ratio: 99.63%
 


Is It A Buyer’s Or A Seller’s Market?
It remains a seller’s market in Kingstowne. Supply is not keeping up with demand, a trend we have witnessed throughout 2018.

 

View homes for sale in Kingstowne
 

Current Inventory In Kingstowne

There are currently 71 homes for sale in Kingstowne. An increase of 2 from this time last month. It’s again important to point out that the Crest Of Alexandria a 55+ active adult community has added new construction listings (11 at this time) making resale inventory even lower than the total active inventory. Inventory remains low and as we mentioned above it is still a seller’s market. That doesn’t mean buyers aren’t looking for value and a turnkey product though. Seller’s that attempt to price above the market are learning quickly that buyers are passing up on their homes. Proper pricing is imperative – if you price your home correctly and it is reasonably updated and turnkey ready it will be positioned to sell quickly. Rates are currently getting close to 5% and there are a lot of buyers in the market looking to secure their new home. If you’re a buyer in the current market you need to be prepared to make a strong offer when you find the home of your dreams. Days on the market remain low and homes are still moving very quickly in Kingstowne.
 


If you’d like to know more about the Kingstowne market reach out to us and let’s connect! We are always happy to answer questions.
 


Receive a free home value estimate within minutes. Our home value tool is just a guide if you are looking for a precise analysis of the current value of your home nothing replaces the expertise of a local agent with years of experience selling homes. Reach out to us for a free consultation. www.northernvalocalmarketvalues.com

 

See homes for sale in Kingstowne


 

Amberleigh In Alexandria Virginia 22315 | Market Report November 2018

Amberleigh In Alexandria Virginia 22315 | Market Report November 2018

Amberleigh is located in Alexandria off of Beulah Road. The tree-lined streets provide a peaceful setting and privacy all while being within minutes of popular Kingstowne.

 


What’s The Neighborhood Like?

Amberleigh consists of 502 townhomes constructed between 1981 and 1988. There are six different models; Ashleigh, Oakleigh, Ridgeleigh, Stoneleigh, Timberleigh, and Woodleigh. Homes in Amberleigh typically range from 2-3 bedrooms and 2-3 full baths. Residents have access to basketball, tennis, and volleyball courts. There are multiple tot lots throughout the community and an active neighborhood association puts on events throughout the year for the community. Residents can also access walking trails through a peaceful wooded area in Amberleigh Park.
 


What’s Nearby Amberleigh?

Amberleigh is conveniently located in the Kingstowne area of Alexandria. As with many neighborhoods in the area, major commuter routes, dining, shopping, and daily needs are all easily accessible. The Springfield Transportation center is minutes away and home to Franconia-Springfield metro (blue line), VRE, Amtrak, and Greyhound. Fort Belvoir, the Pentagon, the U.S. Coast Guard Navigation Center and Fort Myer are all nearby as well. Kingstowne is less than 5 minutes by car where you’ll find Kingstowne Towne Center; home to Kingstowne 16 Movie Theater, Pasara Thai, East Moon Bistro, HomeGoods, World Market, TJ Maxx, La Madeline, and two grocery stores. Hilltop Village Center is within walking distance from the neighborhood. It’s home to the sought after Wegmans and you’ll also find Burtons Grill, LA Fitness, Green Turtle, Verizon, Hair Cuttery and many other retail locations in the center
 


What Schools Will The Kids Attend?

Children living in Amberleigh will attend Island Creek Elementary and Hayfield Secondary Schools. To learn more about these schools visit the GreatSchools website.

Amberleigh Real Estate Market Update

Below is a review of activity in Amberleigh since January 2018.

•Number of Sales: 21

•Highest Priced Sale: $445,263

•Lowest Priced Sale: $395,000

•Median Sales Price: $432,500

•Median Days on Market: 5

•Median Sale Price to List Price Ratio: 99.55%
 


There are currently 3 homes for sale in the neighborhood. See pictures and details about the home for sale in Amberleigh.

If you have questions don’t hesitate to reach out to us!
 


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4 Bedroom Homes For Sale in Kingstowne | Alexandria, Virginia 22315

4 Bedroom Homes in Kingstowne | Alexandria, Virginia 22315

Kingstowne is a planned community of over 5,300 homes. While Kingstowne is a community itself many locals in the area think of Kingstowne as 22315 and for this market report that’s the area we’ll be focusing on.
 


Thinking about what you’re looking for when you’re buying a home is important. You want to have an idea of what your next home has to have vs. what features you’d like it to have. Wants and needs are different! Determining the number of bedrooms you need is an important consideration. A four bedroom home is something many buyers seek out. The majority of the time it isn’t about the additional square footage, it’s about having an additional room that can be used for a variety of things – guestroom and office being at the top of many buyers’ lists.
 


Let’s take a look at year to date sales for 4 bedroom homes in Kingstowne.

•Number of Sales: 75

•Highest Priced Sale: $865,000

•Lowest Priced Sale: $365,000

•Median Sales Price: $554,900

•Median Days on Market: 8

•Median Sale Price to List Price Ratio: 99.11%

The market for 4 bedroom homes in Kingstowne is very active and sellers are seeing close to 100% for the sale to list price ratio.
 


If you’re looking for a 4 bedroom home in Kingstowne there are currently 8 homes to choose from with a price range of $385,000 to $799,900.
 


Whether you’re buying or selling in the Kingstowne area I’d love the opportunity to listen to your real estate goals. Reach out to me (call or text) 703-431-3755 or email amanda@amandadavidson.com. 

4 Bedroom Homes In Alexandria

 

 

 

Homes For Sale In Landsdowne | Market Update October 2018

Homes For Sale In Landsdowne | Market Update October 2018

The Landsdowne neighborhood in Alexandria is home to 619 single family residences and townhomes. Pulte and Richmond American homes built the neighborhood between 1987 and 1989. The single-family homes in the neighborhood range from 3-5 bedrooms and 2.5 to 3.5 bathrooms. All of the detached homes have a 1-2 car garage and some have fireplaces. While the majority of the single family homes have 3 levels there are some floor plans with 2 levels and some that are split level with 4. The townhomes in Landsdowne range from 2-3 bedrooms and 1.5 to 2.5 bathrooms. Some of the townhomes feature a garage and/or a fireplace. The homes range from 2-3 levels.

 


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Community Amenities

Landsdowne has excellent amenities for residents to enjoy. From a 25-meter outdoor swimming pool complete with a deep and shallow play area to tennis/basketball courts, wading pool, picnic area with grills, tot lots, and walking paths there’s a lot for residents to enjoy. The neighborhood has beautiful landscaping throughout and it’s rare to drive through and not see people out enjoying the area or taking their dog for a walk.
 


What’s Nearby The Landsdowne Neighborhood?

When it comes to location Landsdowne has it covered. Whether it’s major commuter routes, grocery stores, pharmacies, dining, or entertainment all are nearby the neighborhood. Landsdowne is in walking distance to two shopping centers. Landsdowne Centre and Hilltop Village Center. Hilltop is the newest shopping center in the area and home to Wegmans, Burtons Grill, Green Turtle, The Joint, Panda Express, Mattress Warehouse, Hair Cuttery and many other dining and retail locations. Kingstowne Towne Center is less than ten minutes by car from the neighborhood. You’ll find additional grocery, dining, and retail options in the Towne Center. Commuters find easy access from the neighborhood to 495, 395, 95, and Fairfax County Parkway. Access to the Franconia-Springfield and Van Dorn metro stations is also within 10 minutes from Landsdowne.
 


What Schools Will The Kids Attend?

Children in the neighborhood will attend Island Creek Elementary and Hayfield Secondary schools. For more information on these schools check out www.greatschools.org - you'll find test scores and reviews about the schools.
 


Landsdowne Real Estate Market Activity In 2018

•Number of Sales: 31

•Highest Priced Sale: $636,000

•Lowest Priced Sale: $252,000

•Median Sales Price: $420,000

•Median Days on Market: 5

•Median Sale Price to List Price Ratio: 99.36%
 


There is currently 2 homes for sale in Landsdowne. It remains an excellent time to sell your Landsdowne home. The neighborhood has been experiencing a seller’s market the entire year and with low inventory, buyers are waiting for a new listing to become available.
 


Whether you’re buying or selling in Landsdowne we’d love to connect with you. We have experience assisting clients in the neighborhood and are always happy to answer questions.

 

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Kingstowne Home Sales September 2018 Market Update

Kingstowne Home Sales September 2018 Market Update

The number of homes sold in Kingstowne saw a large decrease as compared to last month but, available inventory has also decreased. The median sale to list price ratio remained consistent and days on the market decreased.
 


Let’s check in on what happened in the Kingstowne market during September 2018.

•Number of Sales: 33

•Highest Priced Sale: $783,500

•Lowest Priced Sale: $223,100

•Median Sales Price: $476,500

•Median Days on Market: 8

•Median Sale Price to List Price Ratio: 98.30%
 

Is It A Buyer’s Or A Seller’s Market?
It is still a seller’s market in Kingstowne. Supply is not keeping up with demand, a trend we’ve witnessed throughout 2018.

View homes for sale in Kingstowne

 

 

Current Inventory In Kingstowne
There are currently 69 homes for sale in Kingstowne. 
A decrease of 14 from this time last month. It’s again important to point out that the Crest Of Alexandria a 55+ active adult community has added new construction listings (7 at this time) making resale inventory even lower than the total active inventory. It goes without saying inventory remains low. A median of 8 days on the market is very telling that buyers are acting quickly. Buyers are however looking for value, sellers who overprice their homes are not seeing offers, their homes are sitting and becoming stale inventory. On the flip side, homes that are priced according to the market, have a reasonable amount of updates, and show well are moving quickly and multiple offers are still occurring. Positioning your home to appeal to buyers in the current market takes the right preparation and a custom marketing plan to showcase all it has to offer. The smallest details make the biggest impact when selling your home.

 

 

If you’d like to know more about the Kingstowne market or just have questions reach out to us and let’s connect! We are a small boutique brokerage with an in-depth understanding of the Kingstowne real estate market. I not only work in Kingstowne, but I also live here too and I love the community.
 


Receive a free home value estimate within minutes by visiting www.northernvalocalmarketvalues.com. Our home value tool is just a guide if you are looking for a precise analysis of the current value of your home nothing replaces the expertise of a local agent with years of experience selling homes. Reach out to us for a free consultation.

 

See homes for sale in Kingstowne

 

Kingstowne Housing Market Update August 2018

 

 

5 Things To Watch In The Kingstowne Real Estate Market | Fall 2018

5 Things To Watch In The Kingstowne Real Estate Market | Fall 2018

Fall has arrived (still haven’t wrapped my brain around that) and with the change in season comes questions about the real estate market. What’s happening in the Kingstowne real estate market and what should you watch for? Check out my top 5 things to watch in the Kingstowne real estate market below.

 


1. Bull Market: We’re still in the longest bull market in US history. The housing market remains strong despite higher interest rates and rising rates are stimulating demand – for now. For how long? We can’t honestly answer that. Read more about rising rates and inventory below.

 

2. Rising Interest Rates: The Fed just increased rates and has expressed their intentions to raise rates once, maybe even twice more in 2018. They’re discussing having three increases in 2019. What does this mean? Rates could hit 5% by the end of the year, that was a prediction very early on in 2018 and it’s looking highly likely to happen. Many buyers who purchased 6-8 years ago have a rate in the 3-3.5% range. If you’re considering making a move the time to do it is this fall.

 

3. Rising Prices: Prices in Kingstowne continue to rise, year to date they’re up 6.2% as compared to 2017. The increase in prices has not slowed buyers down this year, it’s spurred them to purchase now in order to avoid future higher prices and higher interest rates. The market in Kingstowne is competitive with many homes seeing multiple offers but, only if they’re priced correctly and show well.

 

4. Low Inventory: Real estate is local – HYPER LOCAL. While this may not be the case in all areas, in our area inventory is historically LOW and has been for over a year. Low inventory points to a seller’s market. As we mentioned above, homes that are priced correctly and show well are moving quickly. If you’re considering selling your home and meet the above criteria you’re in an excellent position to see a lot of demand from buyers for your home.

 

5. Amazon HQ2: Where Amazon HQ2 will land has been a hot topic in the DMV. The buzz of it possibly landing here has already created some speculation among developers and investors. One thing is for sure, if Amazon ends up here you will see an increased demand for housing with it. You can also expect an increase in traffic but, that’s another story!

 

Interested in learning more about the Kingstowne real estate market or have a specific question you’d like to ask? Reach out to us and let’s connect!