Kingstowne, VA 22315 – May 2017 Real Estate Market Update
Kingstowne, VA 22315 – May 2017 Real Estate Market Update

 

Kingstowne area recorded 60 home sales in March 2017. The average sales price was $474,873. Homes in Kingstowne area sold in 14.4  days on average.

Steps to Selling and Buying

Homeowners interested in selling their homes can use this historic data to accurately price their homes in Northern Virginia’s competitive housing market.

Homebuyer uses this information to accurately assess the market values of their future homes before making offers.

[button size=”large” url=”https://www.askawalker.com/northernvirginia/kingstowne/market-reports/monthly/” newtab=”true”]Kingstowne Market Reports by Month[/button] [button size=”large” url=”https://www.askawalker.com/home-valuation/” newtab=”true”]Check My Kingstowne Home Value[/button] [button size=”large” url=”https://www.askawalker.com/category/22315-market-stats-alexandria-virginia-homes-sold/” newtab=”true”]Recent Kingstowne Sold Properties[/button] [button size=”large” url=”https://www.askawalker.com/seller-resources/steps-selling-your-home-northern-virginia/” newtab=”true”]Steps To Selling My Kingstowne Home[/button]

Top Property Types Sold:

Town House: 36

Single-Family: 13

Condo: 11

May 2017 Market Recap:

Closed Sales Volume – $28,492,396

Median Sales Price –  $493,500

Units Sold –  60

Average Sales Price –  $474,873

Average SP to OLP – 100.2%

Average Seller Subsidy –  $2,788 

Kingstowne Townhouses Sales

Kingstowne area townhouse sales increased by 6.8% on a year over year basis. 36 townhouse sold in January 2018 with an average sales price of $478,132. Townhouse sold in 10.8 days on average.

Do you have a townhouse in Kingstowne area? Get your complimentary market valuation to check the value of your townhouse in today’s market by clicking here.

 

22315 Kingstowne May 2017 Town House Market Report

Address
OLP
LP
BR
BA
SP
LP/SP
DOMP
6290 Alforth Ave
$589,900
$589,900
3
2.2
$630,000
106.8%
0
6433 Sutcliffe Dr
$589,000
$589,000
3
3.1
$600,000
101.9%
7
5130 Ballycastle Cir
$575,000
$575,000
3
2.2
$575,000
100.0%
6
6233 Windham Hill Run
$575,000
$575,000
3
3.1
$570,000
99.1%
5
6899 Rolling Creek Way
$575,000
$575,000
3
3.1
$565,000
98.3%
7
7447 Gillingham Row
$559,500
$559,500
3
3.1
$555,000
99.2%
46
6712 Sullivan Way
$555,000
$555,000
3
2.1
$550,000
99.1%
11
5994 Norham Dr
$549,900
$549,900
3
2.2
$545,000
99.1%
13
6636 Haltwhistle Ln
$535,000
$535,000
3
2.2
$535,000
100.0%
3
5201 Ballycastle Cir
$529,990
$529,990
3
2.2
$530,000
100.0%
23
6605 Thurlton Dr
$525,000
$525,000
3
3.1
$527,500
100.5%
6
7411 Salford Ct
$525,000
$525,000
3
2.2
$525,000
100.0%
3
7038 Fieldhurst Ct
$519,900
$519,900
3
3.1
$519,900
100.0%
3
6749 Royal Thomas Way
$525,000
$525,000
4
3.1
$515,000
98.1%
4
7534 Oldham Way
$499,500
$499,500
3
3.1
$507,500
101.6%
4
6626 Kelsey Point Cir
$499,999
$499,999
3
2.2
$501,000
100.2%
7
6597 Patent Parish Ln
$497,000
$497,000
3
2.1
$497,000
100.0%
4
7511 Lamoyne Ct
$488,000
$488,000
3
3.1
$490,000
100.4%
3
7190 Lake Cove Dr
$489,900
$489,900
3
3.1
$487,500
99.5%
5
6446 Castlefin Way
$484,999
$484,999
3
3.1
$485,000
100.0%
5
7145 Lake Cove Dr
$485,000
$490,000
4
2.1
$483,000
98.6%
16
6730 Sullivan Way
$489,000
$489,000
3
2.2
$470,000
96.1%
56
7411 Digby Grn
$464,000
$464,000
2
3.1
$469,000
101.1%
10
5224 Leeward Ln
$449,900
$449,900
3
2.2
$450,000
100.0%
12
7470 Gadsby Sq
$449,950
$449,950
3
3.0
$450,000
100.0%
6
7501 Amesbury Ct
$449,950
$439,950
3
2.2
$439,950
100.0%
28
6553 Coachleigh Way
$425,000
$425,000
3
2.1
$435,000
102.4%
6
7447 Duddington Dr
$435,000
$430,000
3
3.1
$432,500
100.6%
25
7407 Duddington Dr
$425,000
$425,000
2
3.1
$425,000
100.0%
3
6990 Admetus Ct
$399,000
$399,000
3
3.1
$399,000
100.0%
6
6423 Patience Ct
$345,000
$345,000
3
2.1
$361,217
104.7%
2
5905 Dungeness Ln
$359,950
$359,950
2
2.1
$359,950
100.0%
10
7406 Houndsbury Ct
$349,950
$349,950
2
1.2
$355,000
101.4%
6
5340 Harbor Court Dr
$335,000
$335,000
2
2.1
$343,000
102.4%
3
7290 Hillary St
$315,000
$315,000
3
2.1
$330,000
104.8%
7
6647 High Valley Ln
$227,300
$227,300
3
1.1
$299,750
131.9%
28

 

Kingstowne Townhouse Listings (REAL TIME LISTINGS FROM MLS)

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Kingstowne Single Family Home Sales

Kingstowne area single-family home sales has 0% increase on a year over year basis. 13 single family homes sold in January 2018 with an average sales price of $614,460. Single family homes sold in 18.0 days on average.

Do you have a single-family home in Kingstowne area? Get your complimentary market valuation to check the value of your single family home in today’s market by clicking here.

 

22315 Kingstowne May 2017 Single Family Market Report

Address
OLP
LP
BR
BA
SP
LP/SP
DOMP
5499 Clonmel Ct
$829,950
$829,950
5
3.1
$834,000
100.5%
6
6711 Lake Village Dr
$799,900
$784,000
5
2.1
$784,000
100.0%
18
6605 Green Glen Ct
$750,000
$750,000
4
3.1
$730,000
97.3%
166
7802 Worthing Ct
$629,000
$629,000
5
4.0
$642,000
102.1%
4
6718 Morning Ride Cir
$614,900
$614,900
4
3.1
$614,900
100.0%
5
7714 Hayfield Rd
$599,000
$599,000
5
3.0
$599,000
100.0%
6
7719 Hayfield Rd
$599,950
$599,950
4
2.1
$580,000
96.7%
6
7203 Racepoint Way
$549,950
$549,950
4
2.1
$575,000
104.6%
5
5907 Wivenhoe Ct
$540,000
$540,000
5
3.1
$549,579
101.8%
4
5801 Charlton Ct
$545,000
$545,000
5
3.0
$535,000
98.2%
6
7711 Hayfield Rd
$530,000
$530,000
4
2.1
$530,000
100.0%
3
5512 Broadmoor St
$522,000
$522,000
4
2.0
$511,500
98.0%
2
5506 Butterworth Ct
$499,990
$499,990
3
2.0
$503,000
100.6%
3

Kingstowne Single-Family Homes Listings (REAL TIME LISTINGS FROM MLS)

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Kingstowne Condo Sales

Kingstowne area condo sales increased by 2.8% on a year over year basis. 11 condo sold in January 2018 with an average sales price of $296,988. Condos sold in 21.9 days on average.

Do you have a Condo in Kingstowne area? Get your complimentary market valuation to check the value of your townhouse in today’s market by clicking here.

22315 Kingstowne May 2017 Condo Market Report

Address
OLP
LP
BR
BA
SP
LP/SP
DOMP
6604 Netties Ln #1204
$339,900
$337,000
2
2.1
$334,000
99.1%
38
7008 Irwell Ln #13C
$320,000
$320,000
2
2.0
$320,000
100.0%
7
6832 Brindle Heath Way #232
$318,000
$312,000
2
2.0
$315,000
101.0%
5
6822 Brindle Heath Way #242
$314,000
$314,000
2
2.0
$314,000
100.0%
7
6612 Netties Ln #F
$314,700
$314,700
2
2.0
$310,000
98.5%
16
6007 Ellesmere Ct #18F
$309,900
$309,900
2
2.0
$309,950
100.0%
8
6004 Mersey Oaks Way #F
$315,000
$299,000
2
2.0
$298,700
99.9%
84
7704 Haynes Point Way #D
$310,000
$299,900
2
2.0
$295,000
98.4%
36
7512K Ashby Ln #K
$289,900
$289,900
2
2.0
$290,000
100.0%
2
7014C Ellingham Cir #35
$285,000
$285,000
2
2.0
$280,000
98.2%
3
6930 Ellingham Cir #111
$225,000
$225,000
1
1.0
$225,000
100.0%
35

 

Kingstowne Condo Listings (REAL TIME LISTINGS FROM MLS)

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Kingstowne Overall Sales

 

Edge Hill  is the top subdivision in 22315 Kingstowne by number of sales.

 

22315 Kingstowne May 2017 Overall Market Report

Legal Subdivision
Units Sold
Average OLP
Average Sales Price
SP/OLP
Average DOM
Edge Hill
1
$799,900
$784,000
98.0%
18.0
1
$589,900
$630,000
106.8%
0.0
Wellfleet
1
$549,950
$575,000
104.6%
5.0
Hawthorne
1
$575,000
$565,000
98.3%
7.0
Hayfield Farm
7
$566,421
$563,868
99.5%
4.4
Kingstowne
17
$547,161
$546,997
100.0%
19.2
Mews The
1
$519,900
$519,900
100.0%
3.0
Island Creek
5
$510,800
$504,400
98.7%
15.6
Wickford
1
$499,990
$503,000
100.6%
3.0
Lake D Evereux
2
$487,450
$485,250
99.5%
10.5
Landsdowne
2
$421,100
$457,325
108.6%
16.5
Amberleigh
1
$425,000
$435,000
102.4%
6.0
Hayfield View
4
$414,975
$413,113
99.6%
15.5
Devonshire Townhomes
1
$399,000
$399,000
100.0%
6.0
D Evereux West
2
$392,450
$396,500
101.0%
7.5
Windsor Park
2
$330,000
$345,609
104.7%
4.5
Condo At Island Creek
1
$339,900
$334,000
98.3%
38.0
Tiers At Manchester Lake
3
$314,967
$309,550
98.3%
33.0
Carrdinal Place
2
$312,350
$302,500
96.8%
26.0
Stratford Place At Kings
1
$289,900
$290,000
100.0%
2.0
Eton Square
4
$285,500
$283,500
99.3%
12.5

 

Do you have a property in Kingstowne area you would like to sell? We can help sell your Lorton Property!  Call 703-539-2053 to discuss your home’s value or visit us on the web for your free home value report done by an experienced Northern Virgina Realtor®. We are here to help you with all of your Northern Virginia real estate needs.

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Table Key
TitleNameDescription
Legal SubdivisionLegal SubdivisionThis is the legal description of the property. Sometimes this name matches the condo development.
AddressStreet AddressThis is the street address of the property.  Condo unit, Apt numbers and Suite numbers will show up before or after the address.
OLPOriginal List PriceThis is the starting list price of the property before price reductions.
LPList PriceThis is the last list price before the property was sold.  This price is used in the List Price to Sales Price ratio.
BRBedroomsNumber of bedrooms listed in the Multiple Listing Service (MLS).  This number does not represent “legal” bedrooms.  This is a number agents input into the MLS when marketing the property.
BABedroomsNumber of bedrooms listed in the Multiple Listing Service (MLS).  This number does not represent “legal” bedrooms.  This is a number agents input into the MLS when marketing the property.
BABathroomsNumber of all bathrooms in the property.  This number includes full and half bathrooms.  Half bathrooms are noted as a tenth of a number. 1 half bathroom = .1, 2 half bathrooms = .2, 3 half bathrooms = .3, etc.
SPSale PriceThis is the number reported in the MLS as the sales price of the property.  This number does not take into account closing cost or incentives paid by the seller.  Contact us directly to receive information on closing cost paid by the seller to the buyer.
LP / SPList Price to Sales Price RatioThis percentage is calculated by dividing the Sales Price by the List Price and multiplying the result by 100 to represent the number using percentage.  This number measures the distance from the list price the seller received for the property.  This number is not accurate because it does not take into account the amount the seller paid in closing cost or incentives to the buyer at the time of closing.  Please contact us if you would like a complete picture of the local real estate market.
DOMPDays On Market PropertyTotal number of days the property has been on the market regardless of status until the home closes.

Fun Facts about the Kingstowne Zip Code 22315 from CityData:

Estimated zip code population in 2015: 28,494
Zip code population in 2010: 26,202
Zip code population in 2000: 21,901

Houses and condos: 11,090
Renter-occupied apartments: 3,016

22315 has several legal subdivisions. Here is a short list of a few of the Kingstowne subdivisions: Amberleigh, Ashby Heights, Cardinal Place, Carrington, Carrington Estates, Cedar Knoll, Chancery Of Kingstowne, Condo At Island Creek, Crestleigh, D Evereux West, Devonshire Townhomes, Dewey Park, Edge Hill, Eton Square, Gayfields Road, Glynalta Park, Hawthorne, Hayfield Farm, Hayfield View, Island Creek, Kendrick, Kingstowne, Lake D Evereux, Landsdowne, Lincoln Heights, Manchester Lakes, Mews The, Northampton, Piney Glen, Piney Run, Small Property, Stratford Place At Kings, Tiers At Manchester Lake, Turnberry Mews, Wellfleet, Wickford, Windsor Est, Windsor Knoll, Windsor Park



Data compiled from the MRIS. Statistics deemed reliable, but not guaranteed. We feel that if you are in the market to Sell a home in Kingstowne or Buy a Home in Kingstowne, it is important to understand the trends in Closed Listings, Days on the Market, and Listing to Sale Price ratio so that you can make an educated decision.



About the Author: The above article was written by Abraham Walker, Your Kingstowne Virginia Real Estate Agent, helping clients market their homes to achieve high sales with a quick closing time is my main priority.  He’s the co-founder of Ask A Walker and can be found on YouTube, Facebook, and HERE on this blog.

Abraham can be reached via email at Abraham@AskAWalker.com or by phone at (703)539-2053.  He’s happy to answer all your real estate questions.

Thinking of selling your home?  Check out 20+ step process to selling your home. Our contact me now to start the process.  Same day appointments are available on a case by case basis.

I help people sell and buy real estate in the following Northern Virginia area cities & neighborhoods: Kingstowne, Island Creek, Cameron Station, Overlook, Alexandria, Old Town, Belle Haven, Fort Hunt, Mount Vernon, Springfield, West Springfield, Burke, Lorton, Woodbridge, Lake Ridge, Manassas, Annandale, Fairfax, Arlington, McLean, Reston, Herndon and of course Vienna.

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