If you’re considering buying a Jefferson Green condo, this post will not only give you access to all of the listings currently for sale here, but it will also give you an analysis of all of the closed sales in this community from the past six months. Remember that listings for sale on my website are updated daily, so you never have to worry about properties having already gone under contract, etc.
View all Jefferson Green condos for sale
Right now, there is one Jefferson Green property for sale and no units that are currently under contract.
My analysis of closed sales in Jefferson Green will give you a good idea of how much properties here are worth, and the range in price that you should expect to pay if you buy a condo here. All sales data on my site is pulled directly from the MRIS, which is the Northern Virginia MLS.
View all closed sales of Jefferson Green condos from past six months (updated daily)
Here is a summary of all of the closed sales:
Sales of 3-bedrom properties:
- 5583 FIRST STATESMAN LN – sold in September for $290,000 with a $9,000 seller subsidy.
- 5664 INDEPENDENCE CIR – sold in August for $345,000 with a $4,300 seller subsidy.
- 5584 FIRST STATESMAN LN – sold in June for $345,000 with a $6,000 seller subsidy.
- 5576 FIRST STATESMAN LN – sold in September for $349,000 with no seller subsidy.
Sales of 2-bedroom properties:
- 5601 INDEPENDENCE CIR – sold in July for $292,000 with no seller subsidy.
- 5740 INDEPENDENCE CIR – sold in July for $325,000 with no seller subsidy.
Jefferson Green Condo Sales Analysis
When analyzing real estate sales in Jefferson Green, as with sales in any community, it’s important to consider the contract sales price, as well as any seller subsidy. A seller subsidy is when the seller credits some money toward the purchaser’s closing costs. When a seller does this, it’s the same thing as a seller accepting a lower sales price on their property, since it reduces the overall net sales price.
Closing net sales prices of 2-bedroom Jefferson Green condos during the last six months ranged from $292,000 to $325,000 and 3-bedroom net sales prices ranged from $281,000 to $349,000.
If you’re considering buying a Jefferson Green condo, you should expect to pay anywhere from the high $200,000s to low $300,000s for a 2-bedroom property. For most 3-bedroom properties, you should expect to pay from the low $300,000s to the mid $300,000s.
The main factors that impact the range of prices in Jefferson Green are square footage, condition of the property, and numbers of bedrooms and bathrooms. The reason 5583 FIRST STATESMAN LN sold for such a cheap price was because it was a fixer-upper. If a property is updated with things like hardwood floors, upgraded bathrooms with new tile and vanities, upgraded kitchens with things like granite counters and new cabinets, it will usually sell for a higher price than other comparably sized units that are less updated.
Keep in mind, however, that no matter how upgraded a Jefferson Green condo is, it won’t necessarily sell for a price that is too much higher than the recent highest price sale in the community. This is why it’s important to consider recent sales prices before you make big renovating decisions, as you wouldn’t want to “over-improve” your property and fail to get a good return on your investment.