Realtor - Amanda S. Davidson: Kingstowne in Alexandria VA Market Report November 2015

Kingstowne in Alexandria VA Market Report November 2015

Kingstowne in Alexandria VA Market Report November 2015

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

Monthly sales comparison 2014 vs. 2015

*Data includes zip codes 22315, 22310

 Kingstowne Home Sales

Detached Home Sales in Kingstowne November 2015:

•Number of Sales: 25 (increase by 1 from October)

•Highest Priced Sale: $900,000

•Lowest Priced Sale: $340,000

•Median Sale Price: $570,000 (increase from $568,902)

•Median Days on Market: 35 (increase from 26)

•Median Sale Price to List Price Ratio: 95.19% (decrease from 97.08%)

 

The number of detached homes sold in Kingstowne remained about the same from October to November, increasing by just one property. The median sale price also remained consistent, increasing by just under $2,000. Days on the market increased in November which is a trend we typically see this time of year. Reviewing the same time period last year the number of homes sold increased this year, 19 homes in 2014 and 25 in 2015. Median sale price was lower last year by over $70,000. Days on the market were slightly lower last year – 29 in 2014 compared to 35 this year. There are currently 60 active detached homes for sale in Kingstowne, down from 77 in October. Winter is a great time to list, buyers that are in the market are serious and there’s less competition from other listings but, it requires the right marketing plan from an agent that knows your neighborhood and who can give your home maximum exposure.

 

Townhouse Sales in Kingstowne November 2015:

•Number of Sales: 23 (decrease from 29 in October)

•Highest Priced Sale: $599,000

•Lowest Priced Sale: $345,000

•Median Sale Price: $473,000 (increase from $439,000)

•Median Days on Market: 18 (increase from 14)

•Median Sale Price to List Price Ratio: 97.74% (decrease from 98.27%)

 

Six more townhomes closed in Kingstowne during October than November. Days on the market increased by 4 and the median sale price saw an increase of $34,000. The number of townhomes sold this year was slightly higher than November 2014; 23 vs. 18. The median sale price increased in November 2015, up by $60,100. There are currently 69 townhomes for sale in Kingstowne, down from 72 last month. This segment of the Kingstowne market remains a seller’s market. Inventory has been very low and while it’s still not plentiful it has slightly increased in the last three months. Homes that are going under contract quickly have similar characteristics; they show well, are priced according to the market, and are easy for agents to show to their buyers. Hiring the right agent to guide you through your sale remains an important factor to sell for the highest price and in the shortest time possible.

 

Buyers: Whether you’re ready to start your home search or have questions on where to begin I am ready to help you. I welcome the opportunity to work with you and locate your next home.

 

Sellers: I stand ready to assist with your Kingstowne real estate needs. Contact me for a current market analysis or to setup an in home consultation. I look forward to hearing from you and helping you attain your goals.

 

For a complete list of homes for sale in Alexandria visit www.amandadavidson.com or contact me to have a custom listing alert created to be notified when new homes enter the market.

 

703-431-3755 or amanda@amandadavidson.com

 

 

 

Amanda Davidson Real Estate Group

 exp realty

 

 

      

 

AMANDA DAVIDSON  
l ASSOCIATE BROKER l  
l AMANDA DAVIDSON REAL ESTATE GROUP BROKERED BY eXp REALTY l

C  703.431.3755   |   O  703.988.3151  |   W  www.amandadavidson.com

A  20130 Lakeview Center Plaza #400 Ashburn, Va 20147




Comment balloon 15 commentsAmanda S. Davidson • December 28 2015 06:21AM

Comments

Consumers will appreciate your Kingstowne Alexandria VA market report. Buyers and sellers, Amanda Davidson is the Realtor to call for your Real Estate goals in her area!

Posted by Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Long Island Home and Condo Specialists (The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803) almost 4 years ago

Hello Amanda Davidson,  Great report for buyers and sellers.  Hope Santa was good to you because you deserve it, you are always nice.

Posted by Will Hamm, "Where There's a Will, There's a Way!" (Hamm Homes) almost 4 years ago

Amanda, great market update for Kingstowne, and know the market will pick up right after the New Year. 

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (House to Home, Inc. - Denver Real Estate - 720-231-6373) almost 4 years ago

Those two years for Kingstowne are almost a mirror image of each other which means there will be a little uptick coming for this month!

Posted by Nicole Doty - Gilbert Real Estate Expert, Broker/Owner of Zion Realty ZionRealtyAZ.com (Zion Realty) almost 4 years ago

Hello Amanda,  Solid figures with now big peaks or Valleys from month to month or last year.  Looks like your area is moving into 2016 on good ground.  I like you bar.  I have been using lines and might try bars to see how they look.  Thank you for the excellent report.  Mark

Posted by Mark Don McInnes, Sandpoint, North Idaho Real Estate - 208-255.6227 almost 4 years ago

Hi Amanda -- your market reports always combine statistics along with your local insights.  This update for Kingstown in Alexandria is no exception.   

Posted by Michael Jacobs, Los Angeles Pasadena 818.516.4393 almost 4 years ago

Amanda, excellent market report on the Kingstowne area in Alexandria VA.

Posted by Rebecca Gaujot, Realtor®, Lewisburg WV, the go to agent for all real estate (Vision Quest Realty) almost 4 years ago

Hi Amanda, well done Kingstowne of Alexandria VA  market report. All the data a buyer or seller needs to get started.

Posted by Noah Seidenberg, Chicagoland and Suburbs (800) 858-7917 (Coldwell Banker) almost 4 years ago

Hi Amanda, great increase in home prices year over year, marketing time does increase during the holidays but that won't last long. Those looking to buy or sell a home in Kingstowne or anywhere in Alexandria VA would be wise to contact you.

Posted by Beth Atalay, Cam Realty of Clermont FL (Cam Realty and Property Management) almost 4 years ago

Amanda S. Davidson Thank you for taking the time to share this report. It is valuable information for buyers and sellers alike!

Posted by Jim Crawford, Jim Crawford Atlanta Best Listing Agents & REALTOR (Crye-Leike REALTORS®) almost 4 years ago

This is good information for home buyers and sellers in the area.

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) almost 4 years ago

Hi Amanda.  Thanks for keeping us informed about the Kingstowne real estate market in Alexandria VA.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) almost 4 years ago

Thank you all for your kind comments. I do think we will see an uptick in sales very soon. The market is steady and it's a great time to buy or sell.

Posted by Amanda S. Davidson, Alexandria Virginia Homes For Sale (Amanda Davidson Real Estate Group Brokered By eXp Realty) almost 4 years ago

Kingstowne has a vibrant market and I know you are a big part of why sales are happening. Have a wonderful Tuesday.

Posted by Debbie Reynolds, Your Dedicated Clarksville TN Real Estate Agent (Platinum Properties) almost 4 years ago

Good Morning Amanda S. Davidson - you're always on top of things with vast knowledge about current market prices. There are some agents who can show properties but you know, show, negotiate, and sell!!!

Posted by Patricia Feager, MBA, CRS, GRI,MRP, Selling Homes Changing Lives (DFW FINE PROPERTIES) almost 4 years ago

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