Realtor - Amanda S. Davidson: Kingstowne Home Sales January 2019 - Market Update

Kingstowne Home Sales January 2019 - Market Update

Kingstowne Home Sales January 2019 - Market Update

 

Ktowne Market Update 1/2019


Supply continues to struggle to keep up with demand in Kingstowne. January experienced strong sales with buyers seeing very little if any negotiation. Median sale price increased from December while the number of homes sold and closed decreased.

January 2019 Kingstowne Home Sales

•Number of Sales: 35

•Highest Priced Sale: $824,999

•Lowest Priced Sale: $215,000

•Median Sales Price: $439,213

•Median Days on Market: 22

•Median Sale Price to List Price Ratio: 98.33%

 

Is It A Buyer’s Or A Seller’s Market?

It is a seller’s market in Kingstowne. There are currently 30 homes for sale, 17 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. If you are thinking about selling your Kingstowne home this spring find out why winter might be a better time.

 

View homes for sale in Kingstowne

 

Kingstowne Sign

 

Low Inventory in Kingstowne

Kingstowne housing inventory remains very low. Homeowners in Kingstowne have an excellent opportunity to sell quickly and for top dollar in the current market conditions. 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 and homes that meet these criteria are frequently seeing multiple offers.

 

 

If you’re a home buyer in Kingstowne the market is moving quickly and you have to be prepared to act accordingly. Work with an agent who has the availability to tour homes with you as soon as they become available. Low inventory increases the odds of other buyers being interested in the same properties and factoring that into your strategy is important to achieve a successful purchase.

 

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’d like to receive a free current market analysis reach out to me and let’s connect! 703-431-3755 or amanda@amandadavidson.com.

 

See homes for sale in Kingstowne 

 

Additional Kingstowne Real Estate Resources

Kingstowne Home Buyer Tips 

 

Kingstowne Home Seller Tips 

 

Selling Your Kingstowne Condo 

 

 

Amanda Davidson Real Estate Group

 

 

      

 

Amanda Davidson

Amanda Davidson Real Estate Group

Broker - Owner
Licensed in VA and DC

5680 King Centre Drive #600
Alexandria, VA 22315

Cell: 703.431.3755
Fax: 703.562.7057




Comment balloon 14 commentsAmanda S. Davidson • February 14 2019 04:50PM

Comments

Good morning Amanda - time is very important in Kingstowne.  Working with Amanda S. Davidson will insure that you have your chance as a buyer.

Posted by Grant Schneider, Your Coach Helping You Create Successful Outcomes (Performance Development Strategies) about 1 month ago

What we are experiencing across our market at the low to mid range prices. However we are seeing more homes coming on the market, we will have to wait and see if the supply keeps up with demand through the Spring. I know you will provide any Kingstowne owner excellent service and representation.

Posted by Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtors, Philly Main Line (Long & Foster Real Estate Inc 610-225-7400) about 1 month ago

Hello Amanda,  Great information for buyers and sellers in your area and us here in the rain.

Posted by Will Hamm, "Where There's a Will, There's a Way!" (Hamm Homes) about 1 month ago

Now is the perfect time for Kingstowne homeowners to call Amanda S. Davidson and get their property listed, seen, and sold. With very few homes for buyers and investors to peruse, fresh inventory will get plenty of consumer attention.

Posted by Anita Clark, Realtor - Homes for Sale in Warner Robins GA (ColdwellBanker SSK Realtors ~ 478.960.8055) about 1 month 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) about 1 month 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) about 1 month ago

It's a sellers market in Kngstowne home sales and Amanda knows the market well. Call her and you won't be disappointed!

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) about 1 month ago

Hi Amanda S. Davidson - At an average of 22 days on market, I would say the Kingstowne market is sizzling!  Those interested in this market better call you and be ready to make an offer. They couldn't call a better agent to help secure a home!

Posted by Sheri Sperry - MCNE®, (928) 274-7355 ~ YOUR Solutions REALTOR® (Coldwell Banker Residential Brokerage) about 1 month ago

Hello Amanda- - -clear and concise market report for Kingstowne. Valuable information.  Well-delivered. 

Posted by Michael Jacobs, Los Angeles Pasadena 818.516.4393 about 1 month 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) about 1 month ago

Excellent report, Amanda. I keep hearing agents say we are in a buyer's market because sales are down and they are just so wrong. Sales are down because of lack of inventory, especially affordable inventory. When you have less than two months of inventory you are no where near being in a buyer's market.

Posted by Nina Hollander, Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor (Coldwell Banker Residential Brokerage ) about 1 month ago

Amanda, excellent market update for Kingstowne, and with only 22 median days on market, buyers and sellers would be wise to call when ready to make a move.

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (House to Home, Inc. - Denver Real Estate - 720-231-6373) about 1 month ago

The graphic makes it easy to quickly know what is going on in Kingstowne!  I hope that your weekend is being enjoyed!

Posted by Brian England, MBA, GRI, REALTOR® Real Estate in East Valley AZ (Arizona Focus Realty) about 1 month ago

Thank you, everyone! I always love helping buyers and sellers in Kingstowne. It's a special place and has been where I live, work, and play for the last 12 years. There's no place like home!

Posted by Amanda S. Davidson, Alexandria Virginia Homes For Sale (Amanda Davidson Real Estate Group) about 1 month ago

Participate