Condos For Sale In Kingstowne | Market Update November 2018
Kingstowne is located in Alexandria Virginia and is a planned community of over 5,300 homes. It’s conveniently located about 12 miles outside of Washington DC. The community consists of condos, townhomes, and single family homes. Many locals consider 22315 the Kingstowne area and for the purpose of our condo market update that’s the zip code we’ll focus on.
November 2018 Condo Sales in Kingstowne
•Number of Sales: 7
•Highest Priced Sale: $313,000
•Lowest Priced Sale: $223,100
•Median Sales Price: $296,000
•Median Days on Market: 16
•Median Sale to List Price Ratio: 96.59%
How Do Sale in November 2017 Compare to November 2018?
November 2017 Condo Sales In Kingstowne
•Number of Sales: 7
•Highest Priced Sale: $328,000
•Lowest Priced Sale: $229,000
•Median Sales Price: $285,750
•Median Days on Market: 17
•Median Sale to List Price Ratio: 97.20%
Kingstowne Condo Inventory
There are currently 6 condos for sale in Kingstowne. 3 of the condos for sale are located in The Crest Of Alexandria, a 55+ community located off Telegraph Road. Base pricing starts at $429,900 for a 2 bedroom, 2 bath. The non-age restricted condos for sale range from a 1 bedroom, 1 bath with 742 square feet priced at $233,600 up to a 2 bedroom, 2 bath with 1,277 square feet priced at $325,000.
Inventory for condos in Kingstowne remains low. If you have been considering selling your condo now is the time to act. Every year we talk about it being a myth that winter isn’t a good time to sell. Homebuyers that are looking for homes now are serious. They’re not out touring because it’s a beautiful, warm, and sunny day. As a homeowner you can capitalize on low inventory and serious buyers in the current market. That said, proper preparation and pricing remain imperative for a successful sale. Buyers pass over properties that are overpriced causing them to sit on the market and become stale inventory.
If you’re interested in buying a condo in Kingstowne in most cases you still need to be prepared to act quickly. Low inventory drives condos that are priced correctly and show well to go under contract quickly. Have your pre-approval ready to go and work with an agent that has availability to work around your schedule in order to tour condos promptly as they come on the market.
Homebuyer Tip: remain tight lipped when touring homes
To receive a free estimate on what your Kingstowne condo is worth in the current market visit our free home value tool.
If you’re buying or selling a condo in Kingstowne and would like to work with an experienced agent, reach out to us and let’s connect. 703-988-3151 or firstname.lastname@example.org