Kingstowne Condos

Condos In Kingstowne | Market Update August 2018

Condos In Kingstowne | Market Update August 2018

Kingstowne is a planned community of over 5,300 homes but, because many locals consider 22315 the Kingstowne area that’s what we will be focusing on for the parameters of this market report.
 


August 2018 Condo Sales in Kingstowne

•Number of Sales: 7

•Highest Priced Sale: $343,900

•Lowest Priced Sale: $193,000

•Median Sales Price: $299,000

•Median Days on Market: 6

•Median Sale to List Price Ratio: 99.69%

The condos that sold were located in Chancery of Kingstowne, Carrdinal Place, Eton Square, Stratford Place.
 


How Does August 2017 Compare to August 2018?

12 condos sold in August 2017 with a median sale price of $288,450. Days on the market were higher, coming in at 11 and the median sale to list price ratio was 98.63%. Lack of inventory plays a factor in fewer condos being sold this year. The median sale price is an indicator of what the market has been experiencing this year with a healthy increase of 3.6%.
 


Kingstowne Condo Inventory

There are currently 15 condos for sale in Kingstowne. They range from a 1 bedroom, 1 bath with 742 square feet priced at $233,750 up to a 2 bedroom, 2 bath with 1,314 square feet priced at $354,997. There are also new construction condos for sale at The Crest Of Alexandria, a 55+ community located off Telegraph Road. Only a few condos remain and a late fall delivery is expected.

The inventory for Kingstowne condos remains low. Kingstowne as a whole is experiencing low inventory, you can read more about it in our neighborhood market update for August 2018. Condos that are properly priced, have a reasonable amount of updates, and show well are moving quickly. At the same time, even though inventory is low buyers are spotting an overpriced property quickly. If you are considering selling your Kingstowne condo do not try to chase the market and overprice it. Buyers just aren’t going for properties that are even remotely overpriced. As a seller, if your condo is priced correctly the market will react in your favor. When your options are creating demand for your property vs. becoming stale bread always opt to have demand!
 


If you’re looking to buy a condo in Kingstowne it’s important to understand that inventory remains low. When a new listing comes on the market if it shows well and is priced correctly it’s going to move quickly. It’s very likely that it will sell quickly and go for at or even above list price. Don’t delay in making an offer and rely on your agent for advice on how to negotiate and make your offer stand out to the seller. Each neighborhood within Kingstowne experiences different market conditions and its imperative to understand them before you decide on the terms of your offer.
 


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 talk! We’re always happy to answer questions.
 

See condos 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

 

 

 

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

 

 

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

Founders Walk Condos For Sale – Alexandria VA 22310

 

 

Founders Walk Condos For Sale – Alexandria VA 22310

Founders Walk is a garden style condo community located off South Van Dorn Street in Alexandria. The neighborhood is home to 201 condos that were built between 1998 and 2000. Floor plans in Founders Walk range from 2 bedrooms 2 baths and go up to 3 bedrooms and 3 baths. The condos have living space that ranges 1,045 square feet and goes up to 1,329 square feet. All of the residences have fireplaces and a washer/dryer hookup and some of the condos are two levels and feature a loft.

 

Founders Walk Amenities

Residents enjoy use of an outdoor pool, walking paths, and tot lots. Unassigned surface parking is included with the sale of each condo.

 

 

What’s Nearby Founders Walk?

Founders Walk is situated in a very convenient location. The neighborhood is located off of South Van Dorn Street and minutes to 95, 395 and 495. Van Dorn metro station is 1.30 miles from Founders Walk and residents also have easy access to a bus stop located directly across the street from the community. Kingstowne Towne Center is less than ten minutes away and home to two grocery stores, Kingstowne 16 Movie Theater, Pasara Thai, Moby Dick Kabob, ABC store, Panera Bread, Famous Footwear and many other retail and dining options. Hilltop Village Center, the newest shopping center in the area is also nearby and home home to the popular Wegmans grocery store. You’ll also find LA Fitness, Burtons Grill, Massage Envy, First Impressions Orthodontics, Green Turtle, and many other retail and dining options in the center. To experience unique shopping, endless options for dining, and the beautiful waterfront you can check out Old Town Alexandria which is just a short drive or metro ride from Founders Walk.

 

What Schools Will The Kids Attend?

Children that live in the neighborhood will attend Bush Hill Elementary, Mark Twain Middle, and Edison High Schools. Check out test scores and reviews by visiting the GreatSchools website.

 

Founders Walk Real Estate Market

The following is a review of sales activity in Founders Walk during 2018.

Number of Sales: 23

Highest Priced Sale: $369,000

Lowest Priced Sale: $265,000

Median Sales Price: $318,000

Median Days on Market: 8

Median Sale Price to List Price Ratio: 99.05%

 

 

There are currently no condos for sale in Founders Walk. If you’re interested in buying in the neighborhood and would like to be notified when new condos become available for sale contact us. We can put you on a waiting list or and contact you as soon as a new listing becomes available.

 

Find Out The Value Of Your Founders Walk Condo 

 

See Homes For Sale In 22310