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Real Estate

[Cash Buyers] Top 10 Neighborhoods in Kingstowne-Rose Hill

See the latest rankings of the Kingstowne-Rose Hill neighborhoods with the most cash buyers last year. Is your neighborhood on the list?

What do cash buyers mean for your neighborhood? Neighborhoods with a high percentage of cash buyers can mean that investors are fixing and flipping homes, which can increase home values overall. In condo communities, a high percentage of cash buyers may mean these are good buy and hold investment properties, where the rent versus purchase price is attractive to investors. In the past year, 1065 properties have sold in Kingstowne-Rose Hill ranging from a 1-bed, 1-bath condo for $153,470 to a 3-bed, 1.5-bath detached for $1,100,000. Approximately 7% of these homes were purchased with cash. The median sold price was $474,950.

Top 10 Kingstowne-Rose Hill Neighborhoods for Cash Buyers

In the past 12 months, a total of 70 homes sold in Kingstowne-Rose Hill for cash with a median sold price of $400K. These were the most popular Kingstowne-Rose Hill neighborhoods for cash buyers.

Neighborhood Type Cash Sales % Cash Sold (Med)
Kingstowne Townhouse 9 4% $525,000
Virginia Hills Detached 6 17% $343,500
Crest Of Alexandria Townhouse 3 38% $759,715
Hayfield Farm Detached 3 10% $560,000
Rose Hill Farm Detached 3 20% $395,500
Windsor Park Townhouse 3 23% $365,000
Victoria Crossings Condo 3 20% $181,000
Bush Hill Woods Detached 2 13% $634,000
Wilton Woods Detached 2 14% $862,000
Landsdowne Townhouse 2 5% $328,250

Kingstowne-Rose Hill Cash Sales by Property Type

In the past 12 months, a total of 30 detached homes, 26 townhomes, and 14 condos sold in Kingstowne-Rose Hill for cash. This was the breakdown by property type and bedrooms.

Find out what's happening in Kingstowne-Rose Hillfor free with the latest updates from Patch.

Type 1 BR 2 BR 3 BR 4+ BR Sold (Med)
Detached 1 2 9 18 $419,950
Townhouse 0 6 18 2 $471,250
Condo 4 8 2 0 $267,500
Sold (MED) $181,000 $282,700 $439,900 $482,500 $400,250

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Peggy Yee is a supervising broker at Frankly Realtors and is one of Northern Virginia Magazine's Top Realtors in 2015-2019. She has been quoted in the Around Reston Magazine, Washington Post, Money Magazine, Consumer Reports, Zillow, Trulia and Realtor.com.

Find out what's happening in Kingstowne-Rose Hillfor free with the latest updates from Patch.

Information based on BrightMLS data and deemed reliable but not guaranteed.

The views expressed in this post are the author's own. Want to post on Patch?

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