Realtor - Amanda S. Davidson

Kingstowne Home Sales April 2018 Market Update

Kingstowne Home Sales April 2018 Market Update

Home sales in Kingstowne show no signs of slowing down. April brought an increase in the number of homes sold along with an increase in median sale price.

Kingstowne Home Sales

Let’s check in on what happened in the Kingstowne market during April 2018.

•Number of Sales: 59

•Highest Priced Sale: $805,000

•Lowest Priced Sale: $290,000

•Median Sales Price: $494,150

•Median Days on Market: 6

•Median Sale Price to List Price Ratio: 99.14%

 

To gain some perspective let’s go back and compare to April 2017…

•Number of Sales: 30

•Highest Priced Sale: $795,000

•Lowest Priced Sale: $224,348

•Median Sale Price: $469,225

•Median Days on Market: 6

•Median Sale Price to List Price Ratio: 99.27%

 

Home Sales in Kingstowne April 2018


The seller’s market in Kingstowne continues. Median sale priced inched up a bit more and days on the market remain historically low. Sellers are in the driver’s seat in most cases when it comes to negotiations – 99.14% sale to list price ratio shows just how little they are currently having to negotiate.

Kingstowne Home Sales April 2018 Market Update 

There are currently 62 homes for sale in Kingstowne. Inventory decreased from the same time frame last month and supply continues to struggle to keep up with demand. Buyers are waiting for homes to come on the market. Homes that are properly priced and reasonably updated are going under contract in days, sometimes in hours. As a buyer, in order to be successful in the current market conditions you need to have your pre-approval in hand, be available to tour homes the day they come on the market, and present an offer with short contingency deadlines and your highest and best terms upfront. Working with an agent who has full-time availability and a constant pulse on the market is imperative.

View homes for sale in Kingstowne.

 

Kingstowne Real Estate Market Update April 2018 

It’s an ideal time to list and sell in Kingstowne. With the right marketing and proper execution, sellers are seeing multiple offers and very favorable terms. With that said, even though it’s a seller’s market that doesn’t mean buyers don’t spot a home that’s overpriced. Correct pricing is and always will be imperative to a successful sale. Connect with an agent that’s a local expert who can guide you on staging, preparation for the market, pricing, and advertising.

Kingstowne Home Sales 

If you’d like to know more about the Kingstowne real estate market or have questions reach out to us. We’d love to connect with you!

Kingstowne Real Estate 

Find out the value of your Kingstowne home – free estimate. Our home value tool is just a guide if you are looking for an accurate analysis of the current value of your home nothing replaces the expertise of a local agent with years of experience selling homes. 

 

Kingstowne Housing Market Update March 2018

 

 

Amanda Davidson Real Estate Group

 

 

      

 

Amanda Davidson

Amanda Davidson Real Estate Group

Broker - Owner
Licensed in VA and DC

6485 Old Beulah Street
Alexandria, VA 22315

Cell: 703.431.3755
Fax: 703.562.7057




Comment balloon 7 commentsAmanda S. Davidson • May 06 2018 02:20PM
Kingstowne Home Sales April 2018 Market Update
share
Kingstowne Home Sales April 2018 Market Update Home sales in Kingstowne show no signs of slowing down. April brought an increase in the number of homes sold along with an increase in median sale price. Let’s check in on what happened in the… more
Founders Walk Condos | May 2018 Market Report
share
Founders Walk Condos | May 2018 Market Report Founders Walk is located just outside the beltway off of South Van Dorn Street. The neighborhood is home to 201 garden style condos that were built between 1998 and 2000. The floor plans in the… more
4 Bedroom Homes For Sale in Kingstowne
share
4 Bedroom Homes For Sale in Kingstowne Low inventory continues to be a trend in the Alexandria real estate market and the Kingstowne area is no exception. Kingstowne is a planned community of over 5, 300 homes. Locals refer to Kingstowne as the 22315… more
Condos In Alexandria Market Report March 2018
share
Condos In Alexandria Market Report March 2018 Condo sales in Alexandria experienced a large increase in the number of units sold from February to March. Sellers continue to enjoy low days on the market and strong sale to list price ratios. Let's… more
How Did The Housing Market In Kingstowne Perform In March 2018?
share
How Did The Housing Market In Kingstowne Perform In March 2018? The real estate market in Kingstowne is showing no signs of slowing down. March was another strong month for sales, let's check in on the numbers and then talk about the story behind… more
How Did Real Estate Sales Perform in Alexandria in February 2018?
share
How Did Real Estate Sales Perform in Alexandria in February 2018? February 2018 home sales for Alexandria are in and very telling of the current seller’s market this area is experiencing. The median sale price saw a strong increase from January and… more
How Did The Housing Market Perform in Alexandria in January 2018?
share
How Did The Housing Market Perform in Alexandria in January 2018? Home sales for Alexandria are in for the first month of 2018! There is less than a 2 month's supply of inventory available in Alexandria and that means two things. Buyers are waiting.. more
What is my Wellington Commons Home Worth? Wellington Commons in…
share
What is my Wellington Commons Home Worth? Wellington Commons in Alexandria Market Update December 2017 Located at the intersection of Franconia Road and South Van Dorn Street in Alexandria the Wellington Commons neighborhood offers convenient access… more
Homes Sold in Kingstowne December 2017
share
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… more
What Is My Amberleigh Home Worth? Free Market Analysis and Market…
share
What Is My Amberleigh Home Worth? Free Market Analysis and Market Update Amberleigh is located in Alexandria off of Beulah Road. The tree lined streets provide a peaceful setting and privacy all while being within minutes of popular Kingstowne. The… more