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Hayfield Farm Alexandria, Va 22315 – May 2019 Market Update

Hayfield Farm Alexandria, Va 22315 – May 2019 Market Update
Hayfield Farm is located in the Kingstowne area of Alexandria. Situated off of Telegraph Road between Fort Belvoir and the US Coast Guard Station. This neighborhood offers both convenience and privacy, as you drive through you’ll enjoy the well-established trees and landscaping.

 

The community is composed of 691 single family homes. Construction began in the mid-1960’s and the last homes were completed in 1972. Hayfield Farm offers different home styles including; colonial, rambler, split level, and split foyer.

 

There is no HOA for the neighborhood but, community members are encouraged to join the Hayfield Citizens Association.
 


What’s Nearby Hayfield Farm?

Kingstowne is just a few minutes from the neighborhood where you’ll find access to multiple grocery stores, restaurants, retail stores, and Kingstowne 16 Movie Theater.

 

Hilltop Village Center is less than 2 miles up Telegraph Road home to Wegmans, Burtons Grill, Verizon, Sprint, Green Turtle, Massage Envy, NY Bagel, LA Fitness, and many other dining and retail options.

 

Old Town Alexandria is also just a short drive from Hayfield Farm. Take a stroll along the waterfront or look at the unique shopping the area has to offer. As with most neighborhoods in the Kingstowne area commuting from Hayfield Farm is very convenient. Access to 395, 495, 95, and Fairfax County Parkway are all within minutes from the neighborhood. Metro, VRE, and Amtrak are all also easily accessible.

 


Hayfield Farm Real Estate Market

The following is a review of activity in Hayfield Farm since January 2019.

•Number of Sales: 8

•Highest Priced Sale: $601,000

•Lowest Priced Sale: $473,777

•Median Sales Price: $573,225

•Median Days on Market: 77

•Median Sale Price to List Price Ratio: 96.5%

 

The year to date data is a bit skewed for days on the market due to 3 homes that took well over 100 days to go under contract. Price and condition both played a factor in the days on the market being high for the neighborhood. These are outlier sales and not the typical turn time that neighborhood is currently experiencing.

 

Real estate activity in Hayfield Farm since April 2019 paints a more realistic picture of the current conditions in the neighborhood.
 

•Number of Sales: 3

•Highest Priced Sale: $601,000

•Lowest Priced Sale: $572,450

•Median Sales Price: $590,000

•Median Days on Market: 16

•Median Sale Price to List Price Ratio: 100.18%
 


What Schools Will The Kids Attend?

Kids that live in Hayfield Farm will attend Hayfield Elementary and Hayfield Secondary both of which are in walking distance from the neighborhood. To learn more about these schools check out the GreatSchools website. 

 

The Current Real Estate Market In Hayfield Farm

There are currently no homes for sale in Hayfield Farm. Inventory is needed at this time and the neighborhood continues to experience a seller’s market.

 

Buyers

Homes that are reasonably updated and priced correctly are moving quickly. Due to supply not keeping up with demand buyers need to be poised and ready to act quickly.

 

If you’re a buyer in the current market the odds of your tastes in a home are probably not much different from any other home buyer. Because of this when you find a home you love it’s highly likely another buyer will love it too. Don’t delay when it comes to touring homes and making a strong offer in the current market conditions.
 


Sellers

If you are thinking about selling your Hayfield Farm home the market is in your favor. That, however, doesn’t mean proper preparation, pricing, and attention to detail don’t matter.

 

In order to get top dollar in the shortest time possible, your home needs to show well and make the right first impression. Creating demand for your home is a must and that starts online with pictures that entice buyers to want to see it in person.

 

Browse Homes For Sale in Alexandria

 

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