Looking for Potowmack Crossing condos for sale in Alexandria VA? This article has all of the listings currently for sale, but it also has an analysis of recent sales in this community.

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Potowmack Crossing is a quaint garden-style condo community located close to Old Town in Alexandria VA. Many of the units in this community have been renovated over the years. It is known for its convenient location yet reasonable prices.

Analysis of Sales Activity

All of the data below was pulled from the MRIS, the local multiple listing service. This analysis looks at condo sales in Potowmack Crossing from the past 12 months.

  • During this time period, 1-bedroom properties in this community ranged from $235,900 with a $5,000 seller subsidy toward purchaser’s closing costs to $250,000 with a $7,000 seller subsidy.
  • 2-bedroom/1-bath condo sales ranged from $242,500 with a $5,000 seller subsidy to $271,500.

How Much Should you Expect to Pay for a Property in this Alexandria Condo Community?

  • If you’re looking for a 1-bedroom condo in this community, you should expect to pay somewhere around $225,000 to $260,000, depending on how renovated the property is, as well as whether or not it’s a corner unit.
  • If you’re looking for a 2-bedroom/1-bath condo in this community, you should expect to pay somewhere in the mid to high $200,000s, again, depending on the level of upgrades and whether the property is a corner unit.
  • Seller subsidies are common with condo sales at Potowmack Crossing, mainly because this is a common first time home buyer price point, and many first time buyers don’t have enough money saved up for their closing costs. It’s important to remember that a seller subsidy reduces a seller’s net at closing, so it’s the same thing as a seller receiving a lower sales price on the property.

Schedule a Viewing!

Call me at 703-462-0700 or email me at DarrenRobertsonHomes@gmail.com to schedule a time to see one of the Potowmack Crossing condos that is currently on the market!

Do you own a Potowmack Crossing condo and you’re thinking of selling it sometime in the next year or so? Contact me so I can prepare a free in-depth property valuation for you!