Island Creek Real Estate Market Update - Island Creek Homes for Sale
Island Creek is a well-known, suburban community located in Alexandria, Virginia. The community offers a beautiful selection of condos, townhouses, and single family homes all conveniently located within 5-minutes from Fort Belvoir. Island Creek homes provide easy access to Interstates 95, 395, and 495. The community is also located within a short distance from the Franconia-Springfield Metro Station and the Van Dorn Street Metro Station.
For added convenience, Island Creek is located within minutes from the Festival at Manchester Lakes Shopping Center and the Kingstowne Shopping Center. Here you will find a host of retail stores, grocery stores, restaurants, banks, and a movie theater. Additional amenities include a club house, pool, exercise facilities, basketball court, tennis court, bike trails, walking trails, parks, ponds, and more. If you are interested in owning a home in Alexandria, Island Creek has the perfect blend of homes to suit your needs.
Island Creek Real Estate Update
Since January 1, 2011, a total of 21 homes have sold in Island Creek. The average "sold price" (not listed price) of these homes is $475,960.
During the same time period in 2010, a total of 29 homes were sold in Island Creek. The average "sold price" for these homes was $448,128.
Comparing the statistics for Island Creek homes sold in 2011 with homes sold in 2010, we see that 8 additional homes were sold in Island Creek in 2010. However, the average price of homes sold was $475,960 in 2011 and $448,128 in 2010. Thus, home prices in Island Creek are definitely on the rise! This is great news for home sellers as rising prices means home values are increasing and equity is being restored. This is also great news for home buyers! With interest rates remaining at record lows and home prices finally on the rise, buyers can purchase a home in Island Creek with the confidence and assurance that home values are moving upward!
Interested in buying or selling real estate in Kingstowne, Alexandria, Lorton, Woodbridge or any of the surrounding areas in northern Virginia? Contact me for assistance! My expertise includes first-time home buyers, home sellers, luxury homes, short sales, foreclosures, divorce, and relocation.