Greenwood Subdivision in Springfield VA – Market Update 12.21.15
The Greenwood subdivision is conveniently located off Franconia Road in Springfield. It borders the Kingstowne section of Alexandria and is just minutes from Springfield Town Center. The neighborhood is composed of 447 townhomes and residents enjoy use of an outdoor pool, tot lots, tennis court, and Springfield Forest Park which is maintained by Fairfax County. Most homes in the neighborhood range from 2-3 bedrooms and some feature garages. The homeowners association offers residents a free shuttle to and from Franconia-Springfield Metro (blue line) during peak hours of morning and evening commutes. Residents also have the option of taking a 10 minute walk along neighborhood paths to reach metro. The community is very commuter friendly and just a few lights to 95/395/495 and Fairfax County parkway. Access to VRE, Amtrak, and Greyhound is also available. Kingstowne Towne Center is less than 5 minutes by car and home to multiple grocery stores, dining, and retail options. Best Buy, Home Depot, Petsmart, Starbucks and Z-Pizza are all also within 5 minutes from the neighborhood.
The following is a review of activity in Greenwood since November 2014.
•Number of Sales: 3
•Highest Priced Sale: $484,903
•Lowest Priced Sale: $350,000
•Median Sales Price: $463,525
•Median Days on Market: 24
•Average Sales Price to List Price Ratio: 95.10%
Buyers: There is currently one home for sale in Greenwood. Buyers should note that inventory is often low in Greenwood, contact me to have a custom listing alert setup that will notify you when a new home enters the market. I am always ready to assist you with your home search and welcome any questions you have.
Sellers: Inventory is needed in Greenwood and the neighborhood is currently experiencing a seller’s market. If you’re considering selling your Greenwood home, now is the time to act. I welcome the opportunity to earn your trust and business. Contact me for a free market analysis or to setup an in home consultation.