Place One Real Estate Guide
Place One is a condo community in Alexandria, VA. It has approximately 300 units, built in 1974. The median home price in Place One is $262,550. About 13 homes sell annually in this community, which have appreciated approximately 8% over the past decade. Click here to sign up for my free monthly real estate market update.
People like living in Place One because:
Appreciation: Place One has had steady market growth over the last 10 years.
Low Maintenance: Many people love the condo life, which can have much less maintenance requirements than a townhouse or single family house.
Neighborhood: Place One’s median home value is lower than other surrounding neighborhoods, making it more affordable to live in Alexandria.
Established Neighborhood: Place One is an established neighborhood with a majority of the homes built before 1980.
Popular Neighborhood: Place One has a thriving real estate market with the median days on market less than 5 days in 2019.
Current Place One Real Estate Market Inventory
The dials below indicate the current status of the Place One Real Estate Market based on the number of active listings, median sales price, and median days on market compared against the 5-Year averages.
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Recent Sold Homes and Sold Properties in Place One
Below is a list of properties in Place One that sold in 2018. Want to find out how much did my neighbor pay for their house? Want to learn what are homes selling for in my neighborhood? Check out the list below:
How Much Equity Is In My House?
Below is a table outlining the median sold home prices annually for the past 10 years. This information can help you determine how roughly how much equity is in your home from the appreciation from your home value.
Year Units Sold Sold Price (Median) Sold Price (Low) Sold Price (High) 2017 14 $220,000 $185,000 $311,000 2016 22 $216,200 $175,000 $295,000 2015 12 $234,500 $170,000 $308,000 2014 26 $227,500 $136,000 $290,000 2013 15 $200,000 $170,000 $280,425 2012 15 $199,000 $140,000 $282,000 2011 5 $160,000 $107,000 $206,000 2010 14 $205,000 $165,000 $267,000 2009 10 $204,500 $170,000 $260,000
How Much Is My Home Worth?
Are you thinking about making a move? Are you wondering how much equity is in my Place One home? Get Your Place One Home Value Today with our Easy-To-Use Professional Home Value Estimator or to get prices of recently sold homes in your neighborhood. Act now to see your property’s value from the best Alexandria real estate agent Peggy Yee.
Closed Sales in Place One
The chart below indicates the number of closed sales within the past year in Place One.
Median Home Price in Place One
The chart below shows the median home values by month for the past year in Place One. While there are seasonal changes in the sales price, this charts give you a good idea of home price trends in the neighborhood.
Median Days on Market in Place One
The chart below shows the median days on market for the past year in Place One, which indicates how fast homes are selling in the neighborhood. This is calculated from the time the home hits the market until it goes under contract.
Months of Supply in Place One
The chart below shows the months of supply for Place One, which shows how much inventory is on the market. This is a snapshot of how long it would take all the houses in Place One to sell right now and indicates how much a neighborhood is in demand. Typically, 3 months of supply is a balanced market. Anything less than 3 months of supply is considered a seller’s market and, vice versa, anything more than 3 months of supply is considered a buyer’s market.
Find Homes for Sale in Place One
Place One Schools
Alexandria County Public Schools near Place One include: James Polk Elementary School, Patrick Henry Elementary School, Samuel Tucker Elementary School, Francis Hammond Middle School and T.C. Williams High School. For the Great School ratings, click on the school name. To look up the schools serving a specific address, go to the Alexandria County Public School boundary locator.
About Peggy Yee
Peggy Yee is a supervising broker at Frankly Realtors and is a local Top Producer. She has sold over $80 million in sales and was one of Northern Virginia Magazine’s Top Realtors since 2015. She has been quoted in the Around Reston Magazine, Washington Post, Money Magazine, Consumer Reports, Zillow, Trulia and Realtor.com. Peggy is 100% committed to making your move the best experience possible! Don’t just take our word…Click here to see what Peggy’s past clients have to say about the experience working with her from Buyer and Seller Video Testimonials and you’ll understand why she is one of the top real estate agents in Place One with dozens of 5 Star Zillow reviews. Click here for Zillow Reviews.
* Source: BrightMLS. Information deemed reliable but not guaranteed.