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

Kingstowne Home Sales December 2018 Market Update

Kingstowne Home Sales December 2018 Market Update

Kingstowne Market Update Dec 2018

 

Last week we shared our 2018 Kingstowne Market Review and it showed that last year was the year of the seller. Very little negotiation was taking place and days on the market remained low throughout the year. What happened during December for homes sales in 2018? Read more below to find out!

December 2018 Kingstowne Home Sales

•Number of Sales: 42

•Highest Priced Sale: $725,545

•Lowest Priced Sale: $232,500

•Median Sales Price: $423,770

•Median Days on Market: 22

•Median Sale Price to List Price Ratio: 98.71%

 

Is It A Buyer’s Or A Seller’s Market?

The market in Kingstowne remains a seller’s market. There are currently 28 homes for sale, 15 of which are located in The Crest Of Alexandria, a 55+ active adult community. There is currently less than a one month supply of inventory.

View homes for sale in Kingstowne

 

The Crest Winter

 

Low Inventory in Kingstowne

Inventory in Kingstowne is low, very very low and if you’re a homeowner who is planning to sell this spring consider listing sooner vs. later. Competition from other homes for sale in 22315 will be higher with more listings coming on the market in the spring but, with inventory so low right now you’re in an excellent position to capitalize on low supply and high demand. Homes still need to be properly priced and show well in order to entice buyers. Home buyers are attracted to homes that have a reasonable amount of updates. Make sure your home is well presented prior to going on the market. You only get one chance to make a first impression.

 

 

If you’re a home buyer in Kingstowne it’s essential to be prepared to tour a home as soon as it comes on the market. With limited supply your chances of other buyers being interested in the same home increase. Have your pre-approval in hand and work with an agent who is not just a local expert but, committed to tailoring the buying process to your schedule and goals.

 

Interested in knowing more about the Kingstowne market? Reach out and let’s connect!

 

Receive a free home value estimate within minutes. Our home value tool is just a guide, and to be used solely to receive an estimate. If you prefer to receive a precise analysis of what your home is worth in the current market reach out to me. 703-431-3755 or amanda@amandadavidson.com.

 

See homes for sale in Kingstowne 

 

Kingstowne Home Winter

 

Resources:

Kingstowne Home Buyer Tips 

 

Kingstowne Home Seller Tips 

 

Selling Your Kingstowne Condo 

 

 

 

Amanda Davidson Real Estate Group

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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 13 commentsAmanda S. Davidson • January 24 2019 03:20PM

Comments

Good morning Amanda S. Davidson, with low inventory of homes for sale in Kingstowne, now is a great time to list. Home buyers can not afford to wait for a warmer weather or see how the market will do in the coming months but call you today to start the home buying process.

Posted by Beth Atalay, Cam Realty of Clermont FL (Cam Realty and Property Management) 5 months ago

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

Posted by Gabe Sanders, Stuart Florida Real Estate (Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales) 5 months ago

Hi there Amanda, Sellers market, or buyers market, you are the only one to call for real estate needs in Kingstowne. Thanks for sharing the information with us. D 

Posted by Debb Janes EcoBroker and Bernie Stea JD, REALTORS® in Clark County, WA (ViewHomes of Clark County - Nature As Neighbors) 5 months ago

As usual a thoroughly professional market report. We are pushing our buyers in this market to move through the whole mortgage application process, beyond just a pre-approval, I am sure you are doing the same so they become like a cash buyer with only an appraisal required to go to settlement. Hope the sellers in this market heed your advice and call you quickly so they can take advantage of that very, very low inventory position.

Posted by Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line (Long & Foster Real Estate Inc 610-225-7400) 5 months ago

Hello Amanda,  Looks like another great market report by you for buyers and sellers to check out.  Make it a Great weekend.

 

Posted by Will Hamm, "Where There's a Will, There's a Way!" (Hamm Homes) 5 months ago

Amanda, Kingstowne home buyers wanting to sell their homes should call the Realtor in the Know and that is YOU!

Posted by Rebecca Gaujot, Realtor®, Lewisburg WV, the go to agent for all real estate (Vision Quest Realty) 5 months ago

Amanda, Kingstowne definitely is showing the strength of your market, and expect you will see this again in 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) 5 months ago

Sounds like it is quite a good market and listings do not stay on the market long at all, buyers better be prepared.

Posted by Brian England, MBA, GRI, REALTOR® Real Estate in East Valley AZ (Arizona Focus Realty) 5 months ago

Thanks for the update, all the best to you as you get many of these properties listed and sold.

Posted by Sally Crane, Woodland appraisal support. (WMS) 5 months ago

A great way to put it, Amanda... the year of the seller. Same here in my area. People who are trying to convince us that we are entering a buyer's market need to look at the numbers... with just two month of inventory, it's not close to being a buyer's market.

Posted by Nina Hollander, Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor (Coldwell Banker Residential Brokerage ) 5 months ago

Thank you for stopping by and commenting everyone. It is truly an excellent time to list in the Kingstowne area. I'm getting calls daily from other agents to see if I have any new listings coming, buyers are waiting and ready to pounce!

Posted by Amanda S. Davidson, Alexandria Virginia Homes For Sale (Amanda Davidson Real Estate Group Brokered By eXp Realty) 5 months ago

Thanks for sharing this information.  Make it a great day too!

Posted by Kristin Johnston - REALTOR®, Giving Back With Each Home Sold! (RE/MAX Realty Center ) 5 months ago

Good afternoon Amanda - some areas of the country appear to be moving a little toward balanced but not many.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) 5 months ago

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