Realtor - Amanda S. Davidson

Kingstowne in Alexandria VA Market Report February 2014

Kingstowne in Alexandria VA Market Report February 2014

 

Real Estate market data provided by Amanda Davidson of Living A Dream Real Estate.

 

 

Monthly sales comparison 2013 vs. 2014

*Data includes zip codes 22315,22310

Homes For Sale in Kingstowne

 

Single Family Homes
There were 24 single family homes sold in February, up from 14 in January. Median sales price in Kingstowne for single family homes in February was $484,500 up slightly from $480,411 in January. Single family homes were on the market for a median of 36 days. Sellers saw 95.79% of list price and the median seller subsidy was $500.


Townhomes
36 townhomes sold during the month of February in Kingstowne, an increase from 21 in January. The median sales price for February was $425,500 an increase from $418,000 in January. Median days on the market decreased from 30 to 33. Sellers saw 97.73% of list price with zero in seller subsidy.

 


Kingstowne Sales in February
Sales for February in Kingstowne showed that things are starting to pick up after a harsh winter and havoc played from snow storms in January. Units sold are up by 12 as compared to 2013; the median sales price for the same time period in 2013 for single family/townhomes was $435k and it remained the same in 2014. Median days on the market increased; 14 in 2013 compared to 34 in 2014. I predict that the Spring market is just delayed this year due to the weather. We had a very mild winter in 2013 and things kicked in early where this year they are just starting to pick up. The numbers show that buyers are actively seeking houses and the number of Kingstowne homes sold has increased since the same time period in 2013. Low inventory continues to be a trend and buyers are waiting for new listings to become active. This is good news for sellers as it makes it a great time to go ahead and list. Less homes on the market equates to less competition.

 

If you’re considering selling your Kingstowne home give me a call or send me an email to talk about how I can help you. I welcome the opportunity to get to know you. 703-431-3755/amanda4210@yahoo.comInterested in buying a home in Kingstowne? Please visit the link to see homes for sale in Kingstowne or contact me to setup a custom listing alert that matches what you’re looking for.

 

 

 

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Living A Dream Real EstateTwitterLiving A Dream Real Estate FacebookLinked In Amanda S. DavidsonAmanda S. Davidson - Featured on WUSA9
Co-Owner/Broker Living A Dream Real Estate

12701 Fair Lakes Circle Suite 370

Fairfax, Virginia 22033

Cell: 703-431-3755
Fax: 703-562-7057
Web: www.livingadreamrealestate.com

9 commentsAmanda S. Davidson • March 06 2014 06:54AM
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