Kingstowne Home Sales April 2018 Market Update

By
Real Estate Broker/Owner with Amanda Davidson Real Estate Group 0225221517

Kingstowne Home Sales April 2018 Market Update

Home sales in Kingstowne show no signs of slowing down. April brought an increase in the number of homes sold along with an increase in median sale price.

Kingstowne Home Sales

Let’s check in on what happened in the Kingstowne market during April 2018.

•Number of Sales: 59

•Highest Priced Sale: $805,000

•Lowest Priced Sale: $290,000

•Median Sales Price: $494,150

•Median Days on Market: 6

•Median Sale Price to List Price Ratio: 99.14%

 

To gain some perspective let’s go back and compare to April 2017…

•Number of Sales: 30

•Highest Priced Sale: $795,000

•Lowest Priced Sale: $224,348

•Median Sale Price: $469,225

•Median Days on Market: 6

•Median Sale Price to List Price Ratio: 99.27%

 

Home Sales in Kingstowne April 2018


The seller’s market in Kingstowne continues. Median sale priced inched up a bit more and days on the market remain historically low. Sellers are in the driver’s seat in most cases when it comes to negotiations – 99.14% sale to list price ratio shows just how little they are currently having to negotiate.

Kingstowne Home Sales April 2018 Market Update 

There are currently 62 homes for sale in Kingstowne. Inventory decreased from the same time frame last month and supply continues to struggle to keep up with demand. Buyers are waiting for homes to come on the market. Homes that are properly priced and reasonably updated are going under contract in days, sometimes in hours. As a buyer, in order to be successful in the current market conditions you need to have your pre-approval in hand, be available to tour homes the day they come on the market, and present an offer with short contingency deadlines and your highest and best terms upfront. Working with an agent who has full-time availability and a constant pulse on the market is imperative.

View homes for sale in Kingstowne.

 

Kingstowne Real Estate Market Update April 2018 

It’s an ideal time to list and sell in Kingstowne. With the right marketing and proper execution, sellers are seeing multiple offers and very favorable terms. With that said, even though it’s a seller’s market that doesn’t mean buyers don’t spot a home that’s overpriced. Correct pricing is and always will be imperative to a successful sale. Connect with an agent that’s a local expert who can guide you on staging, preparation for the market, pricing, and advertising.

Kingstowne Home Sales 

If you’d like to know more about the Kingstowne real estate market or have questions reach out to us. We’d love to connect with you!

Kingstowne Real Estate 

Find out the value of your Kingstowne home – free estimate. Our home value tool is just a guide if you are looking for an accurate analysis of the current value of your home nothing replaces the expertise of a local agent with years of experience selling homes. 

 

Kingstowne Housing Market Update March 2018

 

Posted by

 

Amanda Davidson Real Estate Group

 

 

      

 

Amanda Davidson

Amanda Davidson Real Estate Group

Broker - Owner
Licensed in VA and DC

6485 Old Beulah Street
Alexandria, VA 22315

Cell: 703.431.3755
Fax: 703.562.7057




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Topic:
Real Estate Market Trends
Location:
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Tags:
kingstowne
homes for sale in kingstowne
kingstowne market update
kingstowne home sales
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Rainmaker
3,522,533
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Amanda, Kingstowne is sure looking good, and buyers and sellers would be wise to contact you, and utilize the knowledge you share with your clients.  They won't be disappointed.

May 23, 2018 02:20 PM #1
Rainmaker
2,833,783
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo & Home Sale Specialists

Average days on market was only 6 in Kingstowne...That's quite AMAZING Amanda!

May 24, 2018 04:35 AM #2
Rainmaker
4,248,937
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good morning Amanda.  Thanks for the information and update about the Kingstowne real estate market.

 

May 24, 2018 04:51 AM #3
Rainmaker
1,520,372
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Amanda - you really have your finger on the pulse of the market.  Buyers should follow your suggestions to get their home.

May 24, 2018 08:26 AM #4
Rainmaker
1,958,152
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

The Queen of Kingstowne is none other than you and people would be crazy not to give you a call.

May 24, 2018 10:37 AM #5
Rainmaker
4,602,320
Roy Kelley
Realty Group Referrals - Gaithersburg, MD
Roy and Dolores Kelley Photographs

Families on the move will appreciate your local community reports.

May 24, 2018 01:03 PM #6
Rainmaker
1,318,566
Amanda S. Davidson
Amanda Davidson Real Estate Group - Alexandria, VA
Alexandria Virginia Homes For Sale

Thank you, everyone, for stopping by and commenting. You're the best!

May 25, 2018 05:58 AM #7
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Rainmaker
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Amanda S. Davidson

Alexandria Virginia Homes For Sale
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