Kingstowne Home Sales May 2018 Market Update

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

Kingstowne Home Sales May 2018 Market Update

The housing market in Kingstowne experienced another strong month of sales in May. An increase in the number of homes sold, sellers still seeing over 99% for the sale to list price ratio and days on the market remaining very low.

Kingstowne Homes For Sale 

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

•Number of Sales: 67

•Highest Priced Sale: $850,000

•Lowest Priced Sale: $232,000

•Median Sales Price: $490,000

•Median Days on Market: 7

•Median Sale Price to List Price Ratio: 99.24%

 

To gain some perspective let’s look back and compare to May 2018…

•Number of Sales: 60

•Highest Priced Sale: $832,800

•Lowest Priced Sale: $224,590

•Median Sale Price: $492,250

•Median Days on Market: 6

•Median Sale Price to List Price Ratio: 99.75%

 

Kingstowne Homes For Sale

 

It remains a seller's market in Kingstowne. Seller's are seeing almost 100% for sale to list price ratio and homes are moving very quickly. Inventory continues to be low and it's an excellent time to be a home seller in Kingstowne.

 

Kingstowne

 

There are currently 60 homes for sale in Kingstowne. View homes for sale in Kingstowne. While we sound like a broken record we’ll say it again – supply isn’t keeping up with demand in Kingstowne. Homes that are priced according to the market and reasonably updated are going under contract in a matter of days, sometimes in hours. It is an incredible time to be in a seller in Kingstowne. Getting top dollar for your home still requires proper preparation and the right marketing plan. Buyers are savvy and are looking for a product that is turnkey ready. Overpricing your home in the current market will result in it becoming stale inventory and ultimately impact your bottom line. As a buyer, in order to be successful in the current market, you need to be prepared. 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 to be successful in the competitive market we’re experiencing.

 

Homes For Sale in Kingstowne

 

If you’d like to know more about the Kingstowne real estate market or have questions about buying or selling reach out to us. We are a small business located in Hilltop Village Center near Wegmans and always welcome the opportunity to help.

 

Find out the value of your Kingstowne home here – 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. 

 

See homes for sale in the Kingstowne area.

 

Kingstowne Housing Market Update April 2018

 

Kingstowne Homes For Sale

 

 

 

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:
Virginia Fairfax County Alexandria
Tags:
kingstowne
homes for sale in kingstowne
kingstowne real estate
kingstowne market report
kingstowne homes for sale

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Ambassador
1,589,321
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Good morning, Amanda. Thanks for the latest market information for Kingstowne. Sounds like another great area to buy a home from Amanda Davidson Real Estate Group. Have a wonderful Friday. D 

Jun 15, 2018 07:29 AM #1
Rainmaker
2,861,484
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

Homeowners will be glad to learn the housing market in Kingstowne experienced another strong month of sales in May! Time to call Amanda...

Jun 15, 2018 07:56 AM #2
Ambassador
1,460,235
Jim Crawford
RE/MAX Paramount Properties - Atlanta, GA
Jim Crawford Atlanta Best Listing Agents & REALTOR

Amanda S. Davidson Thank you for taking the time to prepare and share this report.  This is just what buyers and sellers need to make informed decisions!  I like it...very professional!

Jun 15, 2018 08:08 AM #3
Rainmaker
1,546,482
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Amanda - another very informative report.  Buyers will need to connect with you to plan not missing their house.

Jun 15, 2018 08:42 AM #4
Rainmaker
3,566,480
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, great overview of the Kingstowne real estate market, and having only 7 median days on market sure screams  a HOT market!  

Jun 15, 2018 08:42 AM #5
Rainmaker
2,002,829
Brian England
Arizona Focus Realty - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

Your name is the only name that comes to my mind when I think about Kingstowne real estate.  I hope that is the case for everyone else in that area as well.

Jun 15, 2018 11:06 AM #6
Rainmaker
4,050,521
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

Jun 16, 2018 03:34 AM #7
Rainmaker
2,786,942
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

Looks like homes in Kingstowne are gone in a blink and for great prices...can you say "thinventory"?

Jun 16, 2018 04:32 AM #8
Rainmaker
4,311,942
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 keeping us informed about the real estate market in Kingstowne.

Jun 16, 2018 06:45 AM #9
Rainmaker
2,631,897
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Amanda,  Great information for buyers and sellers and us here in the rain.  Shiock just looking at my football schedules that came in and we do not play the Eagles or the Redskins this year in regular season.

 

Jun 16, 2018 09:14 AM #10
Rainmaker
2,898,233
Michael Jacobs
Coldwell Banker Residential Brokerage - Pasadena, CA
Los Angeles Pasadena Area Real Estate 818.516.4393

Hello Amanda - while our market reports may seem like a broken record, it makes a difference to keep people informed and up-to-date. 

Jun 16, 2018 11:59 AM #11
Rainmaker
1,333,374
Amanda S. Davidson
Amanda Davidson Real Estate Group - Alexandria, VA
Alexandria Virginia Homes For Sale

Thank you to each of you for your comments! I appreciate your support!

Jun 16, 2018 01:30 PM #12
Rainmaker
2,740,901
Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Thanks for sharing this information....have a wonderful week ahead~!

Jun 18, 2018 07:02 AM #13
Rainmaker
1,747,025
Patricia Feager
DFW FINE PROPERTIES - Southlake, TX
Selling Homes Changing Lives

Anyone who wants to know more about Kingstown needs to contact Amanda S. Davidson - she is the BEST when it comes to real estate sales! 

Jun 21, 2018 06:37 AM #14
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Amanda S. Davidson

Alexandria Virginia Homes For Sale
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