Kingstowne Real Estate Market Update October 2017
Kingstowne in Alexandria Virginia is 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.
What’s The Neighborhood Like?
Kingstowne offers a variety of residences – condos, townhomes, single family homes and some new construction. Residents enjoy extensive amenities; outdoor pools, walking paths, tot lots, fitness centers, tennis courts, multi-purpose courts, volleyball courts, and an aerobics studio. Kingstowne is very unique in that it also features 1,200 acres of green space which the owners association does a wonderful job of maintaining. As you drive through the different areas of Kingstowne you’ll often see residents out for a run and children out riding their bikes. All of the walking paths throughout the community make it very inviting to get outdoors and go for a stroll.
What’s Nearby Kingstowne?
If you’re looking for a convenient location Kingstowne has you covered. Situated just 12 miles from the nation’s capital the community is minutes from 95, 395, 495, and Fairfax County Parkway. Need access to public transportation? Kingstowne is situated minutes from two metro stations; Franconia-Springfield and Van Dorn Street. Kingstowne Towne Center is within minutes from all of the homes in the community and you’ll find multiple grocery stores, retail options, and over 25 dining choices. Hilltop Village Center is also within minutes of Kingstowne and home to the sought after Wegmans grocery store, Burtons Grill, Dickey’s BBQ, LA Fitness, Mathnasium and many other retail and dining options. Stop by and see us, we’re located in Hilltop Village Center too! Old Town Alexandria is ten minutes by car; enjoy a stroll along the waterfront or a delicious meal at one of the many dining options. You’ll also find unique shopping and endless activities to enjoy in Old Town. Needless to say Kingstowne is in a wonderful and highly sought after location. Whether you’re commuting into the city or just running to the grocery store Kingstowne makes access to everything extremely convenient.
How close is Fort Belvoir to Kingstowne?
If you currently work at Fort Belvoir or are being transferred to the base soon Kingstowne is a great option to look into – your commute time would be less than 15 minutes from anywhere in Kingstowne. Some homes are located less than 5 minutes from the base.
Kingstowne Real Estate Market
The following is a review of activity in Kingstowne for October 2017 – data is for 22315.
•Number of Sales: 40
•Highest Priced Sale: $635,000
•Lowest Priced Sale: $224,000
•Median Sales Price: $428,250
•Median Days on Market: 11
•Median Sale Price to List Price Ratio: 98.16%
There are currently 51 homes for sale in Kingstowne. That’s a decrease by 13 homes at the same time last month. The homes for sale range from a 1 bedroom, 1 bath condo that’s a short sale listed at $232,000 and goes up to a $934,900 single family home with 5 bedrooms, 5 full baths, and 1 half bath.
Do you want to know the value of your Kingstowne home? Visit our home value calculator for a free estimate.
If you’d like to learn more about Kingstowne and the current real estate market in the community reach out to us. We look forward to answering your questions and the opportunity to help provide you with local information and expertise.