Homes Sold in Kingstowne December 2017
The real estate market in Kingstowne continues to be strong. Sellers are seeing a very healthy sale to list price ratios and low inventory continues to play a factor in the market. The area is highly sought after due to its fabulous location; residents love being within minutes to shopping, dining, and entertainment. In addition to having anything one might need for day to day life nearby the area also offers easy access to commuter routes and public transportation.
Let’s check in on what happened in the Kingstowne market during December 2017.
•Number of Sales: 37
•Highest Priced Sale: $799,000
•Lowest Priced Sale: $225,000
•Median Sales Price: $485,000
•Median Days on Market: 20
•Median Sale Price to List Price Ratio: 97.18%
Kingstowne remains a seller’s market. Homes that show well and are priced correctly for the current market conditions are moving quickly. Buyers aren’t seeing very much negotiation from the list price vs. the sale price. Every home is different but, in general sellers remain in the driver’s seat.