https://www.comehomevirginia.com/homes-for-sale-in-parkfairfax-alexandria-va-22302
Originally Posted At: https://www.comehomevirginia.com/homes-for-sale-in-parkfairfax-alexandria-va-22302
We've officially entered the Fall - Autumn 2018 real estate market and recent activity for homes, both sellers and buyers continues to be brisk. The major issues being faced at this time include a shortage of inventory, increasing mortgage rates (expected to continue to rise for the foreseeable future) the buyer frenzy seems to be leveling off but has not decreased at this time. The factors will vary for each individual situation but the market conditions currently make it advisable to consult with a professional in your local market to see if now is the right time for you to make a move! Contact Emal No Obligation Consult
What does Parkfairfax have to offer you as a homeowner? There are many benefits to those who choose to make it their home. The Parkfairfax neighborhood is comprised of 1,684 townhouse-type condominium apartments in more than 200 buildings, with 132 acres there is plenty of open free space and natural settings to enjoy. There are thirteen different models available in Parkfairfax, ranging from 1 to 4 bedrooms. With the large number of homes to choose from you will find a wide variety of varying models. Its close in location and charming layout make Parkfairfax a highly sought after community.
Parkfairfax was originally constructed during World War II as the influx of war time residents in the area soared. At that time Alexandria had a very suburban feel and quality to it. Even now the Parkfairfax Community possess that quieter suburban feel with old growth trees and considerable open space not found in many areas anymore.
Parkfairfax median real estate price is $320,804, which is more expensive than 65.5% of the neighborhoods in Virginia and 71.5% of the neighborhoods in the U.S.
The average rental price in Parkfairfax is currently $2,170, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 79.5% of the neighborhoods in Virginia.
Parkfairfax is an urban neighborhood (based on population density) located in Alexandria, Virginia 22302.
Parkfairfax real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartments & townhomes style homes. Most of the residential real estate is owner occupied. Many of the residences in the Parkfairfax neighborhood are older, well-established, built between in 1942 and remodled in the late 1970's when they were converted from rental apartments to condominiums.
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Locally, throughout the Northern Virginia market place home buyer confidence continues to be strong. A vibrant local economy and growing jobmarket providing many with great options and opportunities. Presently there are two very different market environments taking place at the same time in Alexandria Va as well as the rest of the region.
This holds particularly true in some specific areas in and around Northern Va metro areas. The shortage of housing inventory; homes for sale at the entry and move-up levels combined with a surplus of homes in the Luxury and High End prices ranges make now an ideal time for those considering a Luxury Home to take the next step.
For most families, choosing a new home is the biggest financial decision they will ever make and for that reason, there are many complicated decisions involved in choosing your new home and also with selling your present home. Our recent home selling and home buying clients have both had great results; exceeding the current market conditions for the real estate market.
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PARKFAIRFAX ALEXANDRIA VIRGINIA 22302 HOMES
"Parkfairfax Neighborhood and Real Estate Market Update"
brought to you courtesy of Dave Martin Realty Group, your Northern Virginia residential real estate experts. If you're considering selling or buying a house in the Northern Virginia metro area, we'd love an opportunity to earn your business, provide you an outstanding experience, and demonstrate to you that:
"Help From The Best Agent Makes All The Difference."
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