With the real estate prices having soared in many communities in 2013 it is only to be expected that Idylwood Towers would finally see some price appreciation too. In 2012 16 homes sold the whole year. In 2013, 21 homes sold year to date.
As of today there are 2 homes listed for sale in the low $200’s (both 1 bedroom units). You can see the homes currently for sale here.
To get a better understanding of the overall price curve in the neighborhood we can take a look at the sales history of the various models.
While prices remained flat from 2009 to 2012, 2013 has seen about a 10% price increase for 1 and 2 bedroom units. The lowest price was a junior 1br/1ba at $138,500. The highest price was a 2br/2ba property at $260,000.
32 properties rented in 2012, this year to date 31 properties rented. The rents went down a little bit this year – overall the trend has been them increasing.
Idylwood Towers is a great place to call home and the prices are still low. Coupled with still low interest rates this is a great time to buy. If you would like to discuss selling or purchasing in Idylwood Towers, please give us a call at 703 560-3424 or contact us online.
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