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 zip code.
Real Estate Activity in Kingstowne April 2017:
•Number of Sales: 30
•Highest Priced Sale: $795,000
•Lowest Priced Sale: $224,348
•Median Sale Price: $469,225
•Median Days on Market: 6
•Median Sale Price to List Price Ratio: 99.27%
There are currently 71 homes for sale in Kingstowne. The homes range from a $225,500 two bedroom, one bath condo and go up to a $849,999 single family home with four bedrooms and four and a half baths. Inventory remains low and sellers are seeing an extremely strong sale to list price ratio. Days on the market came in at just 6 for April, very impressive statistic and one that should speak to both buyers and sellers. From a selling standpoint now is a great time to list your home for sale. Homes are moving quickly and the market is strong. As a buyer the low days on the market tell us that you have to be prepared to make an offer as soon as you find the one. Being pre-approved prior to touring homes in a must in order to be successful in the current market.
For a complete list of homes for sale in Kingstowne visit the link or contact us to have a custom listing alert setup to be notified when new homes enter the market.
Interested in what your Kingstowne home is worth in today’s market? Visit www.northervalocalmarketvalues.com for a free no obligation estimate.
If you’re considering buying or selling in the Kingstowne area and have questions about the market or the area contact us. We look forward to helping you!