Real estate sales at Idylwood Towers did well in 2014. Prices were stable and reasonably priced homes sold on average in about 37 days. Prices continued their upward trend this year in part due to better quality units coming on the market as well as a slow and steady overall market appreciation. More often than not units have been updated with new kitchens and bath, fresh paint and new flooring. Units selling with the old refrigerator-sized stoves are getting rarer.
The number of sales in 2014 ended up being the same number as in 2013 with 21 units sold. You can see details on the units sold at Idylwood Towers here.
Generally, 1 bedrooms sell for about $200,000, 2 bedrooms for about $240,000 and 3 bedrooms around $300,000. As of today, there are 4 active and 2 pending homes in the community.
The rental market this year has been a bit challenging with lots of competition from new apartment complexes in the Merrifield, Vienna and Tysons Corner area.
Idylwood Towers is a wonderful community with great amenities in a fantastic location. The units are large and prices affordable. If you would like to discuss buying or selling at Idylwood Towers, give us a call at 703 560-3424.