Kingstowne VA Real Estate For Sale And Market Statistics For January 2010
Townhomes For Sale Saw The Most Activity | More Condos Hit The Market
How did the real estate market in Kingstowne (Alexandria 22315) do last month? The numbers are enlightening, especially for the townhomes. The number of townhomes for sale that went under contract was up from 6 units last month to 13, and as you can see, the bulk of that inventory that was absorbed by ready buyers that were in the $400,000 - $499,999 price range.
While the real estate market for condos for sale in Kingstowne VA also witnessed a slight increase in units sold, up one unit from 5 last month to 6, there were also more Kingstowne condos for sale that entered the market. Condo home sellers in Eton Square, Chancery, Stratford Place had stiff competition as the units that sold were split evenly between the $200k price range and the $300k price range.
Detached homes for sale in Kingstowne VA remained calm with 5 homes actively for sale, and only one that went under contract.
The Kingstowne VA real estate market seems pretty balanced,and as I've been saying in my previous posts, I think the traditional spring market is here and now. If the tax credit is not extended again, I believe that many buyers may lose their motivation to buy and exit the market.
See Also: Kingstowne Real Estate Video Tour