About Alexandria's Kingstowne

Interested in what sold in Kingstowne during January 2012? Look no further.

41 properties sold in Kingstowne during the month of January. Of the 41 sold, 17 were single family detached homes, 17 were townhouses and 7 were condos.

Comparing January 2012 to 2011:

In 2011 29 properties sold in Kingstowne. Of the 29 sold, 10 were single family detached homes, 13 were townhouses and 6 were condos.

Looking for a home in Kingstowne?

Burger King is running a test in the Washington Metro area on the delivery option. Only select locations are part of the test; The Kingstowne Burger King being one of them. Delivery is set to begin on January 23, 2012. Any residence or business within 10 minutes of the Kingstowne location is eligible for delivery. A $2 delivery fee will be assessed and all orders must be at least $8-$10 depending on the location. The Backlick road Burger King is already offering the delivery option and the Burke and Annandale locations are also set to start on Monday the 23^rd.

Burger King states that the quality of food will not suffer due to special packaging. I haven’t spoken with anyone that’s tried the service but, would be curious to know if the food arrived hot. Delivery is estimated to take 30-45 minutes. Orders can be made online.

The Kingstowne market shows consistency in December 2010 and Dcember 2011 in home sales. 60 homes closed in December of 2010 (condos, townhomes and single family’s) and 59 homes closed in December 2011.

The average sale price on homes sold in December 2010 was $425,722 and in December 2011 was $422,079.

In both December 2010 and 2011 homes were selling at approximately 93.5% of list price. Homes had an average of 80 days on the market in 2010 and 72 days on the market in 2011.

Kingstowne is a popular place to buy for many reasons – location being one of them. TWO metros - South Van Dorn and Franconia/Springfield are close by and offer parking and car sharing. VRE is also another transportation option located in close proximity of Kingstowne. If you prefer to drive the beltway and 395 are minutes away too. It doesn’t get much easier to get to work than coming from Kingstowne!

Military families have found Kingstowne to be a great location too. Fort Belvoir is located on the southern end of Kingstowne making for an easy “commute” to work.

In addition to its great location, Kingstowne offers endless amenities, movies, shopping, Top Golf, restaurants and a Farmers Market (May to October). Hilltop Village Center is also coming soon and will house a Wegman’s and additional retail/office space, to get updates on opening day (expected in 2013) visit their website.

Kingstowne Condos For Sale - Kingstowne Condo Listings

Over the past several years, we have witnessed the extreme rise and fall of housing prices throughout the metro area. We have seen interest rates suspended at record lows and an inventory of houses plentiful enough to please the area's most selective buyers.

It is January 2012, and condo prices in Kingstowne remain immensely affordable while interest rates continue at their lowest in years. So what are you waiting for? Now is the perfect time to purchase your next condo in Kingstowne. Plus, you will love the new Kingstowne Shopping Center and all of the amenities and recreational facilities that Kingstowne has to offer.

For immediate consideration, I have attached a list of Kingstowne condos currently available for sale. Kingstowne condo listings include single and multi-level condos and garage condos rich in architectural design. If you have been looking for the perfect condo in Kingstowne, I am sure you will find a home that suits your needs.

Feel free to browse the following list of Kingstowne condos for sale now. If you have questions regarding the listings or would like to schedule a private tour, please contact me for assistance. I am quite familiar with the Kingstowne area and would be delighted to show you around.

Chancery of Kingstowne

Essex House

Eton Square Condos

Island Creek Condos

Stratford Place at Kingstowne

Surrey at Manchester Lakes

Tiers of Manchester Lakes

Victoria Crossing

Kingstowne Area Home Sales In Alexandria VA - Market Report for 22315 October 2011

This market report is for the Alexandria VA zip code of 22315 which includes Kingstowne and neighboring subdivisions.

There were 28 sales totaling $11,170,300 in sales in October 2011. The median sold price was $360,000. The average sold price was $398,939. On average, a home stayed on the market for 54 days and sold at 96.52% of the original list price.

So how's the real estate market in Kingstowne and the Alexandria VA area of 22315?

When you mouseover the interactive chart below, you'll see that home sales have been on a steady decline since July, when home sales peaked at 53 units. Distressed sales are barely making a dent. Foreclosures and short sales remained in the single digits in October.

What happened to the median sales price in October? The medial sales price actually took a nose dive. Look below and you'll notice that in September, the median sales price was $428,500. October's median sales price of $360,000 is a significant reduction but still higher than February's low of $308,000.

How long will it take to sell my Kingstowne area home? The average days on the market was still under two months, holding steady at 54 days for the second straight month.

Are sellers giving away their Kingstowne area homes? Don't count on it. The homes for sale in Kingstowne are still selling pretty close to their original asking price, and for the past four months, they've sold above 95% of that amount. In October, homes sold for 96.52% of their asking price, so there's still some negotiating going on.

Ths Kingstowne area has consistenly drawn buyers because of its neighborhood amenities, sought after schools, close proximity to Fort Belvoir, and to the Franconia-Springfield and Van Dorn metro stations. If you are thinking about selling your Kingstowne home, call me today at 703-623-8759 to find out what your home is worth. You'll benefit from my online marketing plan that targets local and relocating buyers.

Copyright 2011 by Tamara Inzunza.

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Buying or Selling Real Estate in Del Ray or Old Town Alexandria VA? Looking for short sales in Alexandria Virginia? Contact Tamara Inzunza, Associate Broker of McEnearney Associates, Inc. Realtors to list and sell your home, or purchase a new home. I specialize in real estate homes for sale in the beautiful Alexandria VA communities of Old Town Alexandria, Del Ray, Kingstowne, and Manchester Lakes including condos, townhomes, and single-family homes for sale.

Call me at 703-623-8759.

Be sure to visit my website where you can Search MLS Listings of ALL Homes For Sale in Alexandria VA at www.MovingToNova.com/. If you're thinking about selling and would like to know how much your Alexandria VA home is worth, visit http://www.confidentialcma.com/ for a complimentary market analysis of your home. Not selling but curious about the homes for sale in your neighborhood, visit http://www.movingtonova.info/ for FREE Market Snapshot reports and stay informed whenever a home is listed or sold in your neighborhood.

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