Kingstowne Home Sales September 2018 Market Update

By
Real Estate Agent with Amanda Davidson Real Estate Group Brokered By eXp Realty 0225221517

Kingstowne Home Sales September 2018 Market Update

The number of homes sold in Kingstowne saw a large decrease as compared to last month but, available inventory has also decreased. The median sale to list price ratio remained consistent and days on the market decreased.

Kingstowne Real Estate Market 

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

•Number of Sales: 33

•Highest Priced Sale: $783,500

•Lowest Priced Sale: $223,100

•Median Sales Price: $476,500

•Median Days on Market: 8

•Median Sale Price to List Price Ratio: 98.30%

 

Is It A Buyer’s Or A Seller’s Market?
It is still a seller’s market in Kingstowne. Supply is not keeping up with demand, a trend we’ve witnessed throughout 2018.

 

View homes for sale in Kingstowne

 

Buying A Home In Kingstowne


Current Inventory In Kingstowne

There are currently 69 homes for sale in Kingstowne. A decrease of 14 from this time last month. It’s again important to point out that the Crest Of Alexandria a 55+ active adult community has added new construction listings (7 at this time) making resale inventory even lower than the total active inventory. It goes without saying inventory remains low. A median of 8 days on the market is very telling that buyers are acting quickly. Buyers are however looking for value, sellers who overprice their homes are not seeing offers. On the flip side, homes that are priced according to the market, have a reasonable amount of updates, and show well are moving quickly and multiple offers are still occurring. Positioning your home to appeal to buyers in the current market takes the right preparation and a custom marketing plan to showcase all it has to offer. The smallest details make the biggest impact when selling your home.

 

Buyer Specialist In Kingstowne 

If you’d like to know more about the Kingstowne market or just have questions reach out to us and let’s connect! We are a small boutique brokerage with an in-depth understanding of the Kingstowne real estate market. I not only work in Kingstowne, but I also live here too and I love the community.

Best Listing Agent In Kingstowne 

Receive a free home value estimate within minutes by visiting www.northernvalocalmarketvalues.com our home value tool is just a guide if you are looking for a precise analysis of the current value of your home nothing replaces the expertise of a local agent with years of experience selling homes. Reach out to us for a free consultation. 

 

See homes for sale in Kingstowne

 

Kingstowne Housing Market Update August 2018

 

 

Posted by

 

Amanda Davidson Real Estate Group

 exp realty

 

 

      

 

AMANDA DAVIDSON  
l ASSOCIATE BROKER l  
l AMANDA DAVIDSON REAL ESTATE GROUP BROKERED BY eXp REALTY l

C  703.431.3755   |   O  866.825.7169 ext: 743  |   W  www.amandadavidson.com

A  1320 Central Park Blvd Suite 200, Fredericksburg, VA 22401




Comments (12)

Bob Ratliff
Robert Ratliff Realty - San Antonio, TX
"Sold with Bob"

It's nice to read it's a sellers market for the listing agents, only eight average days on the market sounds sweet. Have a great weekend Amanda S. Davidson 

Oct 12, 2018 06:46 AM
Grant Schneider
Performance Development Strategies - Armonk, NY
Your Coach Helping You Create Successful Outcomes

Good morning Amanda - with this hot sellers market in Kingstowne buyers should see you first to find the home of their dreams.

Oct 12, 2018 07:01 AM
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 and Home Specialists

Kingstowne home buyers and sellers should know that the best representation they can receive would be to work with Amanda Davidson!

Oct 12, 2018 08:06 AM
Anita Clark
Coldwell Banker Access Realty ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

Happy Friday Amanda. It is definitely time for homeowners to hop off the fence and call you to get their Kingstowne property listed. 

Oct 12, 2018 03:29 PM
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Hello Amanda, always like market reports to see what is happening in other areas.

 

Oct 12, 2018 04:41 PM
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.

Oct 13, 2018 06:30 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Amanda, great market update for Kingstowne, and again our market is very similar.   Sales are down here too.

Oct 13, 2018 06:40 AM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Amanda, Kingstowne area is the place to live it seems. Thanks for the update and wishing you a great Sunday.

Oct 14, 2018 11:03 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Amanda I hope the buyers and sellers appreciate your Kngstowne market trends report as much as I do, Endre

Oct 14, 2018 09:46 PM
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Alexandria, VA
Alexandria Virginia Homes For Sale

Thank you, everyone, I very much appreciate your comments. 

Oct 15, 2018 04:02 AM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Families moving to the area will love your local market reports.

Oct 17, 2018 07:14 AM
Amanda S. Davidson

Roy Kelley thank you!

Oct 18, 2018 05:08 AM
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 

Oct 18, 2018 07:43 PM
Amanda S. Davidson

Gita Bantwal thank you! Hope you have a great weekend. 

Oct 19, 2018 10:17 AM