Kingstowne VA 22315 Market Statistics and
Real Estate Update For June 2010
For the Kingstowne condos for sale, the inventory of units in the $200,000's are crowding themselves. In order to shine, and be one of the units lucky enough to get an offer in the next 30 days, today's buyer is looking for upgrades, cleanliness, and move-in readiness. Four Kingstowne condos went under contract in the last 30 days. The units in th $300,000's are holding strong, with not as many competing in that bracket, including one unit that went under contract recently.
What's really coming on the market for sale in Kingstowne VA are the townhomes priced in the $400,000's. Out of the 52 townhomes for sale, 29 are in the $400'000's; and the $500,000's are coming in second place with 16 units for sale. What's really going are the Kingstowne townhomes in the $300,000's. Perhaps with the expiration of the Federal Homebuyer Tax Credit, buyers in this price range may be one-income households who are passing on the $200k condos, for a little more space, and more ownership bang for the buck by avoiding a condo fee.
If you're thinking about putting your detached Kingstowne home up for sale, then you won't have a lot of competition. One home for every bracket from $400,000 to $799,999. Now may be the time. If eleven townhome sellers now need a new place to call home, they just might want to stay in the neighborhood!
See Also: Kingstowne Real Estate Video Tour