Realtor - Amanda S. Davidson: Kingstowne Home Sales May 2018 Market Update

Kingstowne Home Sales May 2018 Market Update

Kingstowne Home Sales May 2018 Market Update

The housing market in Kingstowne experienced another strong month of sales in May. An increase in the number of homes sold, sellers still seeing over 99% for the sale to list price ratio and days on the market remaining very low.

Kingstowne Homes For Sale 

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

•Number of Sales: 67

•Highest Priced Sale: $850,000

•Lowest Priced Sale: $232,000

•Median Sales Price: $490,000

•Median Days on Market: 7

•Median Sale Price to List Price Ratio: 99.24%

 

To gain some perspective let’s look back and compare to May 2018…

•Number of Sales: 60

•Highest Priced Sale: $832,800

•Lowest Priced Sale: $224,590

•Median Sale Price: $492,250

•Median Days on Market: 6

•Median Sale Price to List Price Ratio: 99.75%

 

Kingstowne Homes For Sale

 

It remains a seller's market in Kingstowne. Seller's are seeing almost 100% for sale to list price ratio and homes are moving very quickly. Inventory continues to be low and it's an excellent time to be a home seller in Kingstowne.

 

Kingstowne

 

There are currently 60 homes for sale in Kingstowne. View homes for sale in Kingstowne. While we sound like a broken record we’ll say it again – supply isn’t keeping up with demand in Kingstowne. Homes that are priced according to the market and reasonably updated are going under contract in a matter of days, sometimes in hours. It is an incredible time to be in a seller in Kingstowne. Getting top dollar for your home still requires proper preparation and the right marketing plan. Buyers are savvy and are looking for a product that is turnkey ready. Overpricing your home in the current market will result in it becoming stale inventory and ultimately impact your bottom line. As a buyer, in order to be successful in the current market, you need to be prepared. 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 to be successful in the competitive market we’re experiencing.

 

Homes For Sale in Kingstowne

 

If you’d like to know more about the Kingstowne real estate market or have questions about buying or selling reach out to us. We are a small business located in Hilltop Village Center near Wegmans and always welcome the opportunity to help.

 

Find out the value of your Kingstowne home here – 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. 

 

See homes for sale in the Kingstowne area.

 

Kingstowne Housing Market Update April 2018

 

Kingstowne Homes For Sale

 

 

 

 

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 14 commentsAmanda S. Davidson • June 12 2018 04:16PM

Comments

Good morning, Amanda. Thanks for the latest market information for Kingstowne. Sounds like another great area to buy a home from Amanda Davidson Real Estate Group. Have a wonderful Friday. D 

Posted by Debb Janes EcoBroker and Bernie Stea JD, REALTORS® in Clark County, WA (ViewHomes of Clark County - Nature As Neighbors) 3 months ago

Homeowners will be glad to learn the housing market in Kingstowne experienced another strong month of sales in May! Time to call Amanda...

Posted by Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400, Long Island Condo & Home Sale Specialists (The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803) 3 months ago

Amanda S. Davidson Thank you for taking the time to prepare and share this report.  This is just what buyers and sellers need to make informed decisions!  I like it...very professional!

Posted by Jim Crawford, Jim Crawford Atlanta Best Listing Agents & REALTOR (RE/MAX Paramount Properties) 3 months ago

Good morning Amanda - another very informative report.  Buyers will need to connect with you to plan not missing their house.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) 3 months ago

Amanda, great overview of the Kingstowne real estate market, and having only 7 median days on market sure screams  a HOT market!  

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373) 3 months ago

Your name is the only name that comes to my mind when I think about Kingstowne real estate.  I hope that is the case for everyone else in that area as well.

Posted by Brian England, MBA, GRI, REALTOR® Real Estate in East Valley AZ (Arizona Focus Realty) 3 months ago

You always provide good information about your housing market. Thank you for sharing 

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) 3 months ago

Looks like homes in Kingstowne are gone in a blink and for great prices...can you say "thinventory"?

Posted by Sally K. & David L. Hanson, WI Realtors - Luxury - Divorce (EXP Realty 414-525-0563) 3 months ago

Good morning Amanda.  Thanks for keeping us informed about the real estate market in Kingstowne.

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) 3 months ago

Hello Amanda,  Great information for buyers and sellers and us here in the rain.  Shiock just looking at my football schedules that came in and we do not play the Eagles or the Redskins this year in regular season.

 

Posted by Will Hamm, "Where There's a Will, There's a Way!" (Hamm Homes) 3 months ago

Hello Amanda - while our market reports may seem like a broken record, it makes a difference to keep people informed and up-to-date. 

Posted by Michael Jacobs, Los Angeles Pasadena Area Real Estate 818.516.4393 (Coldwell Banker Residential Brokerage) 3 months ago

Thank you to each of you for your comments! I appreciate your support!

Posted by Amanda S. Davidson, Alexandria Virginia Homes For Sale (Amanda Davidson Real Estate Group) 3 months ago

Thanks for sharing this information....have a wonderful week ahead~!

Posted by Kristin Johnston - REALTOR®, Giving Back With Each Home Sold! (RE/MAX Realty Center ) 3 months ago

Anyone who wants to know more about Kingstown needs to contact Amanda S. Davidson - she is the BEST when it comes to real estate sales! 

Posted by Patricia Feager, Selling Homes Changing Lives (DFW FINE PROPERTIES) 3 months ago

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