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Kingsbrooke Townhouse Report: Janaury 2016

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Real Estate Agent with Long and Foster Real Estate VA License # 0225089470

Kingsbrooke Townhouse Report:  Janaury 2016

It may be the end of February, but it is time to look back at what happened in the Kingsbrooke townhouse market in January.  Let's see if our January blizzard had any bearing on the sales activity.  As usual, we'll make comparisons to last month (December 2015) and last year (January 2015.)

 

TOWNHOUSES FOR SALE IN KINGSBROOKE

Kingsbrooke Townhouse in Bristow, VA2 Listings were Active:  Both Regular Sales

Kingsbrooke Townhouses For Sale, January 2016

When January ended, there were two Kingsbrooke townhouses available for Bristow buyers.  The high list price was up over 1% compared to last month.  The low list price was up over 19.5% compared to last month.  The average list price was up 4% compared to last month.  There were no active listings last year, so we do not have year to year comparisons here.

 

TOWNHOUSES UNDER CONTRACT IN KINGSBROOKE

2 Listings were Under Contract:  1 Regular Sale, 1 Short Sale

Kingsbrooke Townhouses Under Contract, January 2016

While there were two Kingsbrooke townhouses that were under contract in January, none were under contract last month.  However there were three townhouses under contract since last year.  The average list price at time of contract was up nearly 6% Kinsbrooke Townhouseand the average marketing time was 38% faster than it had been last year.

 

TOWNHOUSES SOLD IN KINGSBROOKE

No Listings Sold

Kingsbrooke Townhouses Sold, January 2016

With no sales that closed in Kingsbrooke townhouses for the month of January, there is nothing to compare to the sales that happened last month and last year.  I can say, given the sparse inventory in Kingsbrooke townhouses, this would be a great time of year for a seller to hit the market.  

The next Kingsbrooke Townhouse Report will be out at the end of March and will detail sales from the month of January.  Until then, if you are thinking of selling your Kingsbrooke townhouse, give me a call for a free market analysis of your home's specific value in today's market.  I've been a full-time Bristow Real Estate Agent since 2005, and a Short Sale Agent since 2007.  No matter what your equity position, I can get your Kingsbrooke townhouse sold for the highest possible price, in the shortest period of time.

And don't forget to join Kingsbrooke's Facebook group.  It is a great place to connect with neighbors and always have access to neighborhood property value reports.

 

Statistics compiled using the MRIS (Metropolitan Regional Information Systems.)

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To view the Kingsbrooke Single Family Home Report for January 2016, click the link provided.

 

Comments(2)

Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Thanks for the great market update on your community. One of the best parts of Active Rain is the local market updates!

Feb 29, 2016 10:33 AM
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

Hi Chris Ann, This is a great market report for Kingsbrooke Townhouses.  It is a great localism post.

Feb 29, 2016 01:08 PM