If you’re looking for Savoy Park condos for sale in Falls Church, this blog post will give you a good idea of how much condos in this community are worth. Keep in mind that although this market analysis covers sales of condos in Savoy Park from a specific time period, all of the listings of properties for sale on this blog are updated on a daily basis. When you look at real estate listings on this website, you’re searching the actual MRIS, which is the local multiple listing service.
Savoy Park is a pretty garden-style condo community located in Falls Church, Virginia close to Bailey’s Crossroads. It is convenient to I-395, Route 7, and a variety of transportation routes. Residents enjoy being so close to the action, yet at the same time living in a serene setting that feels like it’s farther away from the city.
There are currently three Savoy Park condos for sale right now, and they are all one bedroom units – they range in price from $194,900 – $204,000. Right now, there is one pending sale – it’s a one bedroom that was listed at $204,500 before it went under contract.
Savoy Park is in the midst of a very active real estate market, with numerous sales over the past few months. Here are the sales of Savoy Park condos from the last nine months (this data was pulled from the MRIS):
- 5573 SEMINARY RD #201 – this 2 bedroom, 1 bath was originally listed at $289,900 and closed at $281,500 in January 2014.
- 5563 SEMINARY RD #313 – this 2 bedroom, 2 bath short sale was listed at $270,000 and closed for $250,000 in November 2013.
- 5563 SEMINARY RD #105 – this 2 bedroom, 1 bath was originally listed at $234,900 and closed at $217,500 in November 2013 with a $1,500 seller subsidy.
- 5573 SEMINARY RD #208 – this 1 bedroom, 1 bath was originally listed at $219,900 and closed at $212,000 in December 2013 with a $5,600 seller subsidy.
- 5575 SEMINARY RD #408 – this 1 bedroom, 1 bath was originally listed at $215,000 and closed at $215,000 in January 2104.
- 5575 SEMINARY RD #114 – this 1 bedroom, 1 bath was originally listed at $210,000 and closed at $210,000 in December 2013 with a seller subsidy of $3,750.
- 5573 SEMINARY RD #308 – this 1 bedroom, 1 bath was originally listed at $209,500 and closed at $208,000 in December 2013.
- 5575 SEMINARY RD #208 – this 1 bedroom, 1 bath was originally listed at $180,000 and closed at $170,299 in January 2014.
As you can see from the data, the sales prices of 1 bedroom, 1 bath Savoy Park condos ranged from $170,299 to $212,000 and the sales prices of 2 bedroom, 2 bath units ranged from $217,500 to $281,500. The higher priced sales of Savoy Park condos had more high end updates and in some instances, more square footage than the lower priced sales.
Give me a call at 703-462-0700 so I can help you find the right property. I’m an experienced negotiator who will work hard to get you the best deal possible.
If you own a condo in Savoy Park and are curious about how much it’s worth, contact me for a hassle free, over-the-phone market analysis of your property.