Kingstowne

Kingstowne Home Sales April 2019 - Market Update

Kingstowne Home Sales April 2019 - Market Update
The market in Kingstowne is strong and moving quickly. Homes are selling for top dollar and demand from home buyers remains strong.
 

April 2019 Kingstowne Home Sales

•Number of Sales: 51

•Highest Priced Sale: $820,000

•Lowest Priced Sale: $279,550

•Median Sales Price: $522,000

•Median Days on Market: 14

•Median Sale Price to List Price Ratio: 100%
 


Is It A Buyer’s Or A Seller’s Market?
No surprise that it remains a seller’s market but, there is good news for buyers. Inventory has increased – while it might be a small increase it’s still good news. There are currently 49 homes for sale in 22315. The homes range from $285,000 up to $1,099,000.
 

View homes for sale in Kingstowne
 

Inventory in Kingstowne

When supply doesn’t keep up with demand the market moves quickly and that’s exactly what continues to happen in Kingstowne. The location of Kingstowne and amenities make it very appealing to buyers and they continue to seek homes in 22315 and the surrounding area.
 


Sellers

Homeowners who are considering selling their Kingstowne home can rest easy that there are buyers actively looking to move. Because of that homes are selling for top dollar. However, in order to achieve top dollar when selling your Kingstowne home you have to properly prepare it for the market.

Buyers are looking for homes that are turnkey ready and have a reasonable amount of updates. There are very few buyers who are looking for homes that need work, especially when it involves the kitchen and bathrooms.

Allow yourself plenty of time to get your home ready for the market. Every last detail matters and you want to home to shine on picture day. Photos are what will draw homebuyers in online and then want to come for a tour in person. Gone are the days when the first showing occurs in person – the first showing is online! 

Get a free home value estimate within minutes. Our home value tool is just a guide, and to be used solely to receive an immediate estimate. If you’d like to receive a free current market analysis customized for your home reach out to me and let’s connect! 703-431-3755 or amanda@amandadavidson.com.

 


Buyers

If Kingstowne and the surrounding area is your desired location be prepared for the current market conditions. Have a consultation with your agent prior to looking at homes to determine your must-haves vs. your would like to have. Understand your budget by getting fully pre-approved before heading out to tour homes.

The market is moving quickly and being prepared is your best asset. Not only will it save you stress and disappointment it will also put you in the best position possible to secure your future home.

When you find the one be ready to make a strong offer. Delaying even a day in the current market conditions can mean the property is already under contract. Multiple offers are still alive and well. Working with an agent who knows how to set your offer apart from the rest is important.

If you work with an experienced agent who understands the intricacies of the market you’ll find your home buying experience smooth and enjoyable. Have questions about buying? Contact me to learn more.

 

See homes for sale in Kingstowne
 

Additional Real Estate Resources

First Time Home Seller Tips

Pre-Approval vs. Pre-Qualification

5 Questions You Should Ask Before Hiring A Real Estate Agent To Sell Your Home

 

 

 

Kingstowne Home Sales March 2019 - Market Update

Kingstowne Home Sales March 2019 - Market Update
Home sales in Kingstowne really picked up during the month of March and competition is fierce. Sellers enjoyed an over 100% sale to list price ratio which is telling as to just how competitive the market currently is.
 

March 2019 Kingstowne Home Sales

•Number of Sales: 46

•Highest Priced Sale: $746,000

•Lowest Priced Sale: $236,000

•Median Sales Price: $480,000

•Median Days on Market: 10

•Median Sale Price to List Price Ratio: 101.6%

Is It A Buyer’s Or A Seller’s Market?
It remains a seller’s market in Kingstowne, supply just isn’t keeping up with demand. There are currently 36 homes for sale, 14 of which are located in The Crest Of Alexandria, a 55+ active adult community.
 

View homes for sale in Kingstowne
 

Inventory in Kingstowne

Inventory in Kingstowne is low – very very low. There is less than a one month supply of homes for sale in the area. It’s considered a seller’s market when there is up to a 3 month supply and we are well below that threshold. If you’re a buyer it’s important to understand there are very few homes for sale and homes are moving quickly. Multiple offer scenarios are very common and happening regularly. Be prepared to tour homes quickly and when you find a home you want to make an offer on put your best foot forward. You may not have a chance to make any changes if you’re competing with other offers so make it your best and final right from the start. The good news is rates are extremely low and purchasing now will ensure you can lock your rate in. Your interest rate is what impacts your monthly payment the most.
 


If you’re considering selling your home now is an excellent time. Although it’s a seller’s market that doesn’t remove the need to properly prepare your home for sale. Buyers are looking for homes that have a reasonable amount of updates (preferably turnkey ready) and providing them with the product they are seeking will deliver favorable results in the form of offers being made quickly and achieving top dollar for the sale of your home.

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’d like to receive a free current market analysis reach out to me and let’s connect! 703-431-3755 or amanda@amandadavidson.com.

See homes for sale in Kingstowne

Additional Kingstowne Real Estate Resources

Kingstowne Home Buyer Tips
 

Kingstowne Home Seller Tips
 

Selling Your Kingstowne Condo
 

 

Kingstowne Home Sales February 2019 - Market Update

Kingstowne Home Sales February 2019 - Market Update
The story of low inventory in Kingstowne continues. Supply is not keeping up with demand and sellers are enjoying close to a 100% sale to list price ratio. Inventory is needed in Kingstowne and surrounding areas. Let's look into the details of the current market. 
 

February 2019 Kingstowne Home Sales

•Number of Sales: 22

•Highest Priced Sale: $700,000

•Lowest Priced Sale: $278,000

•Median Sales Price: $479,600

•Median Days on Market: 19

•Median Sale Price to List Price Ratio: 99.73%
 


Is It A Buyer’s Or A Seller’s Market?
It is a seller’s market in Kingstowne. There are currently 41 homes for sale, 14 of which are located in The Crest Of Alexandria, a 55+ active adult community. While there is still less than a one month supply of inventory there are a few more homes on the market as compared to January. By no means is inventory plentiful, not even close. It remains a prime time to list your Kingstowne home for sale. 

 

View homes for sale in Kingstowne
 

Low Inventory in Kingstowne
Kingstowne housing inventory remains very low, and listings are needed. Buyers have to put their best foot forward in the current market conditions and be prepared to act quickly. Sellers, however, can’t overlook the details that go into listing a home. Buyers are looking for homes with a reasonable amount of updates and that show well. Deliver the product buyers are looking for and with the proper marketing, you will see a quick sale for top
dollar in the current market.
 


As a buyer, you have to be prepared to make an offer when you find the home you want – waiting for days to think it over just won’t work, it will be gone. Work with an agent who has the availability to tour homes with you as soon as they become available and who has experience navigating competitive markets. Low inventory increases the odds of other buyers being interested in the same properties and factoring that into your strategy is important to achieve a successful purchase. Read more about how to make your offer stand out in a bidding war
 

Receive a free home value estimate within minutes by visiting www.northernvalocalmarketvalues.com. Our home value tool is just a guide, and to be used solely to receive an estimate. If you’d like to receive a free current market analysis for a precise value of what your home could sell for in the current market reach out to me and let’s connect! 703-431-3755 or amanda@amandadavidson.com.

See homes for sale in Kingstowne
 


Additional Kingstowne Real Estate Resources

Kingstowne Home Buyer Tips
 

Kingstowne Home Seller Tips
 

Selling Your Kingstowne Condo

 


 

 

Homes for Sale Under 300k in Kingstowne VA

 

If you're thinking of buying a home for sale under 300k in Kingstowne VA, you're in luck! You'll find a good selection of homes to choose from.

 

Why live in Kingstowne VA?

 

Kingstowne VA is a large planned community in Fairfax County, second to Reston. Located on the western side of Alexandria and a suburb of Washington, D.C., this community is one of the best places to live in Virginia.

 

Kingstowne is widely recognized as a home to many military families, mostly because of its proximity to the Pentagon, Fort Belvoir, and Washington D.C. Since living on the base is not an option for many military families, they tried to find a location where they can enjoy a semblance of the base but still feel like a regular community.

Proximity to the base is important because they have to be close to work, and Kingstowne is the ideal location. It allows and minimizes commuting time, a huge advantage for military personnel who seek to also have time with their loved ones.

 

Because it is a planned community, it is well-equipped with everything residents would need from schools, recreational facilities, town center, to dining options, and more.

 

Kingstowne Towne Center is home to 2 grocery stores, over 25 dining options and many retail stores. When you want to see the latest release, Kingstowne 16 Movie Theater is also located in the center.

 

When it comes to schools, students in this community attend Fairfax County schools, one of the best school districts in Virginia.

 

If you are looking for an affordable home in a neighborhood in proximity to local amenities and conveniences, Kingstowne is the community for you.

 

The neighborhoods of Kingstowne VA

 

Neighborhood names in Kingstowne are derived from English villages. You'll find smaller neighborhoods with the names of Abbey, Belford, Canterbury, Chancery, Derbyshire, New Castle, Northampton, Stratford Place, and many more.

 

The Kingstowne community is divided into three sections which help residents easily identify a location. There’s North Village, Middle Village, and South Village.

 

The North Village is at the easternmost part of the community and includes Kingstowne Lake. South Village is located at the western border of Middle Village.

Real Estate in Kingstowne

You'll find apartments, condominium units, townhouses, and single-family homes for sale in Kingstowne VA.

 

What kind of home can you buy under 300K?

 

For under 300k, you’ll find condos. Some of the condos are located in walking distance to the Kingstowne Towne Center.

 

Many of the condos and townhouses are well-maintained, but there are also a some that will need TLC and they will of course sell on the lower end of the average sale prices in Kingstowne.

 

Condos and townhouses range in price $275,000 - $600,000. Price varies based on square footage, number of beds/baths, and finishes such as hardwood, carpet, or tile floors. Surface parking vs. garage parking also impacts the price range of a condo and townhome in Kingstowne.

 

Single-family homes for sale start from $525,000. Many of the homes offer 3 bedrooms and 2-3 bathrooms. Among the common features for single family homes are ample-sized rooms, living room with a fireplace, and modern kitchens.

 

Homes priced between $550,000 - $750,000 feature updated kitchens, newly painted walls, and well-maintained front yards and backyards. Many of these homes also have 1-2 car attached garage.

 

Whatever home you prefer and no matter what features are important to you, you can find it in Kingstowne VA.

 

Visit my website http://www.AmandaDavidson.com to find the available homes in the area.

 

Ready to buy a home soon? Call me, Amanda Davidson, at 703-431-3755. Let’s talk about what you’re looking for in a home.

2018 Kingstowne Home Sales Market Review

2018 Kingstowne Home Sales Market Review

The tune of it being a seller’s market played in Kingstowne throughout 2018. Final numbers show that the number of homes sold remained fairly consistent, an increase of 16 from 2017. Sale prices were a different story; up by over 5% in 2018 and days on the market were down by over 11%. Sellers also saw a 98.7% sale to list price in 2018.
 


So what does this mean for Kingstowne real estate? It was an excellent year for sellers. Inventory remained low (and still is) which causes buyers to wait for new homes to become available and they are poised to act as soon as they do. We currently have less than a one month supply of inventory. If you’re considering selling your Kingstowne home reach out to me and let’s talk. Winter might be in full swing but, that doesn’t mean it’s not an excellent time to list your home in Kingstowne.

 

Kingstowne home image winter

 

It’s still important to keep perspective as a seller and not have a pie in the sky price in mind for your home. If you price your incorrectly and buyers perceive it as a poor value it will sit on the market. Bottom line, it’s an excellent time to list your Kingstowne home but, you have to be realistic about pricing and keeping perspective is key.

 

If you’re planning a move to Alexandria, Kingstowne is an area buyer's often consider due to its close proximity to DC, Tysons’s Corner, Old Town, major commuter routes, and public transportation. Kingstowne is an urban community with tree lined streets and over 1,200 acres of green space. You’ll find apartments, condos, townhomes, and single family homes along with amenities including a lake, walking trails, outdoor pools, fitness centers, sports courts, and tot lots.
 

 

Kingstowne lake winter

 

A question I’m frequently being asked” “Is the market crashing? I heard on the news that it’s down.” No the market is not crashing, it is stabilizing in some areas and not everywhere is a seller’s market, some areas are even a buyer’s market but, real estate local. Hyper local. Market conditions vary in different neighborhoods so when you’re listening to the news just understand that what they’re saying isn’t specific to your market. If you’re a property owner interested in knowing the current market trends reach out to me. I’m happy to provide you with a free market analysis for your home! amanda@amandadavidson.com or 703-431-3755.

 

Search For Homes In Kingstowne 

 

Resources
Tips For Selling Your Kingstowne Home 

Kingstowne Home Buyer Tips 

 

 

Condos For Sale In Kingstowne | Market Update November 2018 

Condos For Sale In Kingstowne | Market Update November 2018 

 

Kingstowne is located in Alexandria Virginia and is a planned community of over 5,300 homes. It’s conveniently located about 12 miles outside of Washington DC. The community consists of condos, townhomes, and single family homes. Many locals consider 22315 the Kingstowne area and for the purpose of our condo market update that’s the zip code we’ll focus on.

 

 

November 2018 Condo Sales in Kingstowne

•Number of Sales: 7

•Highest Priced Sale: $313,000

•Lowest Priced Sale: $223,100

•Median Sales Price: $296,000

•Median Days on Market: 16

•Median Sale to List Price Ratio: 96.59%

 

How Do Sale in November 2017 Compare to November 2018?
 

November 2017 Condo Sales In Kingstowne

•Number of Sales: 7

•Highest Priced Sale: $328,000

•Lowest Priced Sale: $229,000

•Median Sales Price: $285,750

•Median Days on Market: 17

•Median Sale to List Price Ratio: 97.20%

 

 

Kingstowne Condo Inventory

There are currently 6 condos for sale in Kingstowne. 3 of the condos for sale are located in The Crest Of Alexandria, a 55+ community located off Telegraph Road. Base pricing starts at $429,900 for a 2 bedroom, 2 bath. The non-age restricted condos for sale range from a 1 bedroom, 1 bath with 742 square feet priced at $233,600 up to a 2 bedroom, 2 bath with 1,277 square feet priced at $325,000.

 

Inventory for condos in Kingstowne remains low. If you have been considering selling your condo now is the time to act. Every year we talk about it being a myth that winter isn’t a good time to sell. Homebuyers that are looking for homes now are serious. They’re not out touring because it’s a beautiful, warm, and sunny day. As a homeowner you can capitalize on low inventory and serious buyers in the current market. That said, proper preparation and pricing remain imperative for a successful sale. Buyers pass over properties that are overpriced causing them to sit on the market and become stale inventory.

 

 

Find out how to boost your Kingstowne home value.

 

If you’re interested in buying a condo in Kingstowne in most cases you still need to be prepared to act quickly. Low inventory drives condos that are priced correctly and show well to go under contract quickly. Have your pre-approval ready to go and work with an agent that has availability to work around your schedule in order to tour condos promptly as they come on the market.

 

 

Homebuyer Tip: remain tight lipped when touring homes

 

To receive a free estimate on 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. 703-988-3151 or amanda@amandadavidson.com

 

See condos for sale in Kingstowne

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 

 


 

 

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

 

 

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


 

Chancery Of Kingstowne Condos For Sale | Alexandria, Va 22315

Chancery Of Kingstowne Condos For Sale | Alexandria, Va 22315
Chancery of Kingstowne is a highly sought after 
neighborhood in Kingstowne. The neighborhood is tucked away off South Van Dorn Street and Lake Village Drive. Constructed between 1995 and 1998 there are 170 condos in 13 secure access buildings. The floorplans range from 1-2 levels and 2-3 bedrooms. All of the residences have 2 full baths and a patio or a balcony. Square footage in Chancery of Kingstowne ranges from 1,170 to 1,505. There’s ample on-site surface parking in the neighborhood as well.
 


Looking For A Condo In Chancery Of Kingstowne?
Interested in finding condos for sale in Chancery Of Kingstowne? Click that link to see the current listings.

Why Do People Live Here?
Did we mention many of the condos overlook Kingstowne Lake? It’s a beautiful setting and buyers find the water views to be a big selling point. Residents also enjoy use of all the Kingstowne amenities; outdoor pools, tennis courts, tot lots, fitness 
center, and professionally landscaped common areas. The neighborhood is just a short walk to the pool and there’s a tot lot located right in the community.
 


What’s Going On Nearby Chancery of Kingstowne?
You can walk to Kingstowne Towne Center where you’ll find grocery stores, Kingstowne 16 Movie Theater, Bonefish Grill, Panera, World Market, HomeGoods, Macaroni Grill, Pasara Thai, World Market and many other retail and dining options. Hilltop Village Center is also nearby and home to the sought after Wegmans, don’t forget to check out The Pub while you’re there. Springfield Town Center is within minutes of the 
neighborhood and features retail, dining, and entertainment options. Commuters will find two metro stations nearby, Van Dorn and Franconia-Springfield both of which are the blue line. Access to 495, 95, 395, and Fairfax County Parkway is also very convenient from the neighborhood. Fort Belvoir, the Pentagon, Fort Myer, and the US Coast Guard on Telegraph Road are all easily accessible from Chancery of Kingstowne.
 


What Schools Will The Kids Attend?
Children living in Chancery of Kingstowne will attend Franconia Elementary, Twain Middle, and Edison High Schools. To see more information about these schools including test scores please visit the GreatSchools website.

 


Chancery of Kingstowne Real Estate Market
Review of activity in Chancery of Kingstowne since January 2018.

•Number of Sales: 8

•Highest Priced Sale: $350,000

•Lowest Priced Sale: $312,000

•Median Sales Price: $322,500

•Median Days on Market: 32

•Median Sale Price to List Price Ratio: 100%
 


If you are interested in finding a condo in Chancery Of Kingstowne click on the link to see current listings. Our property information is a direct feed from the Bright MLS and is updated multiple times per day.

Just have questions about the neighborhood? Reach out to us, we have experience representing buyers and sellers in Chancery of Kingstowne and are always happy to help.
 


Explore Nearby Neighborhoods
Hayfield Farm
Kingstowne
Lake d'Evereux
Landsdowne