Lorton, VA 22079 – April 2017 Real Estate Market Update
Lorton, VA 22079 – April 2017 Real Estate Market Update

 

Lorton area recorded 36 home sales in April 2017. The average sales price was $417,500. Homes in Lorton area sold in 36.5 days on average.

Steps to Selling and Buying

Homeowners interested in selling their homes can use this historic data to accurately price their homes in Northern Virginia’s competitive housing market.

Homebuyer uses this information to accurately assess the market values of their future homes before making offers.

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Top Property Types Sold:

Single-Family: 15

Town House:  12

Condo: 9

April 2017 Market Recap:

Closed Sales Volume – $15,480,490

Median Sales Price – $417,500

Units Sold – 36

Average Sales Price – $430,014

Average SP to OLP – 97.1%

Average Seller Subsidy –  $3,123

Lorton Single Family Home Sales

Lorton area single-family home sales decreased by -3% on a year over year basis. 12 single family homes sold in January 2018 with an average sales price of $588,867. Single family homes sold in 56.2 days on average.

Do you have a single-family home in Lorton area? Get your complimentary market valuation to check the value of your single family home in today’s market by clicking here.

 

Lorton April 2017 Town House Market Report

Address
OLP
LP
BR
BA
SP
LP/SP
DOMP
9039 Endicott Pl
$574,990
$569,990
4
3.1
$569,990
100.0%
24
9025 Endicott Pl
$603,210
$532,490
4
3.1
$532,900
100.1%
169
9033 Endicott Pl
$575,320
$529,690
4
3.1
$520,000
98.2%
167
8068 Horseshoe Cottage Cir
$469,000
$469,000
4
2.1
$469,000
100.0%
2
8119 Dove Cottage Ct
$429,900
$429,900
3
3.0
$429,900
100.0%
4
9720 Plaskett Forest Ln
$424,900
$424,900
3
2.1
$424,900
100.0%
9
8135 Dove Cottage Ct
$425,000
$422,000
3
3.0
$422,000
100.0%
42
8081 Horseshoe Cottage Cir
$425,000
$425,000
3
2.1
$420,000
98.8%
3
7321 Ardglass Dr
$451,000
$415,000
3
2.2
$415,000
100.0%
9
9218 Lorton Valley Rd
$375,000
$375,000
3
2.2
$375,000
100.0%
0
8950 Waites Way
$339,000
$339,000
3
1.2
$339,000
100.0%
6
8426 Red Eagle Ct
$294,888
$294,888
2
2.0
$300,000
101.7%
1
8563 Blackfoot Ct
$299,000
$299,000
2
2.0
$297,400
99.5%
14
7680 Wolford Way
$270,000
$270,000
3
2.1
$281,000
104.1%
4
8747 Susquehanna St
$230,000
$230,000
2
1.1
$233,000
101.3%
3

 

Lorton Single-Family Homes Listings (REAL TIME LISTINGS FROM MLS)

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Lorton Condo Sales

Lorton area condo sales increased by 5.8% on a year over year basis. 15 condo sold in January 2018 with an average sales price of $401,939. Condo sold in 30.5 days on average.

Do you have a condo in Lorton area? Get your complimentary market valuation to check the value of your condo in today’s market by clicking here.

 

Lorton April 2017 Single Family Market Report

Address
OLP
LP
BR
BA
SP
LP/SP
DOMP
9471 Lake Hill Farms Dr #2-5
$1,196,883
$1,049,900
4
3.1
$1,010,000
96.2%
539
9355 Davis Dr
$789,000
$789,000
5
3.1
$789,000
100.0%
0
7615 Buckland Pl
$669,888
$669,888
4
3.1
$645,000
96.3%
26
9670 Hawkshead Dr
$599,995
$629,995
4
3.1
$610,000
96.8%
1
7648 Graysons Mill Ln
$599,900
$615,000
4
3.1
$599,900
97.5%
24
7651 Graysons Mill Ln
$599,000
$559,000
4
3.1
$565,000
101.1%
2
8934 Yellow Daisy Pl
$559,900
$559,900
3
3.0
$550,000
98.2%
5
8412 Stargazer Lily Ct
$559,000
$559,000
3
3.0
$550,000
98.4%
5
7681 Henry Knox Dr
$549,950
$549,950
4
3.1
$535,000
97.3%
15
7605 Devries Dr
$424,900
$424,900
4
2.0
$420,000
98.8%
49
7704 Henry Pl
$389,000
$389,000
3
2.0
$407,500
104.8%
3
7612 Wiley Dr
$385,000
$385,000
3
1.1
$385,000
100.0%
5

 

Lorton Single-Family Homes Listings (REAL TIME LISTINGS FROM MLS)

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Lorton Town House Sales

Lorton area townhouse sales increased by 5.0% on a year over year basis. 13 townhouse sold in January 2018 with an average sales price of $388,732. Townhouse sold in 65.5 days on average.

Do you have a townhouse in Lorton area? Get your complimentary market valuation to check the value of your townhouse in today’s market by clicking here.

 

Lorton April 2017 Condo Market Report

Address
OLP
LP
BR
BA
SP
LP/SP
DOMP
8980 Fascination Ct #213
$382,000
$382,000
2
2.0
$375,000
98.2%
19
7582 Aspenpark Rd
$315,900
$315,900
3
2.1
$318,000
100.7%
3
8318 Green Heron Way #52
$299,990
$299,990
3
2.1
$295,000
98.3%
1
9246 Cardinal Forest Ln #302
$255,000
$255,000
2
2.1
$255,000
100.0%
4
8236 Catbird Cir #101
$249,900
$249,900
2
2.0
$250,000
100.0%
1
8195 Halley Ct #301
$245,000
$245,000
2
2.1
$245,000
100.0%
2
8970 Fascination Ct #131
$239,500
$239,500
2
2.0
$240,000
100.2%
1
9234 Cardinal Forest Ln #9234A-
$230,000
$200,000
2
2.0
$207,000
103.5%
85
9220 Cardinal Forest Ln #B
$217,900
$205,900
2
2.0
$200,000
97.1%
68

 

Lorton Condo Listings (REAL TIME LISTINGS FROM MLS)

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Lorton Overall Sales

Wrights Overlook is the top subdivision in Lorton by number of sales.

Lorton Overall Market Report

Lorton April 2017 Overall Market Report

Legal Subdivision
Units Sold
Average OLP
Average Sales Price
SP/OLP
Average DOM
Wrights Overlook
1
$789,000
$789,000
100.0%
0.0
4
$737,601
$658,223
89.2%
224.8
Lorton Town Cntr Landbay
1
$669,888
$645,000
96.3%
26.0
Village At Lorton Valley
1
$599,995
$610,000
101.7%
1.0
Lorton Town Ctr Landbay
3
$582,950
$566,633
97.2%
13.7
Spring Hill Senior Cmp
2
$559,450
$550,000
98.3%
5.0
Lorton Station South
4
$437,225
$435,225
99.5%
12.8
Masons Passage
1
$424,900
$424,900
100.0%
9.0
Pohick Estates
1
$424,900
$420,000
98.8%
49.0
Worthington Woods
1
$451,000
$415,000
92.0%
9.0
Gunston Heights
1
$389,000
$407,500
104.8%
3.0
Wiley
1
$385,000
$385,000
100.0%
5.0
Pohick Village
1
$315,900
$318,000
100.7%
3.0
Washington Square
2
$304,500
$310,000
101.8%
5.0
Spring Hill
2
$310,750
$307,500
99.0%
10.0
Newington Heights
2
$296,944
$298,700
100.6%
7.5
Gables At Gunston
1
$299,990
$295,000
98.3%
1.0
Gunston Corner
4
$277,475
$271,750
97.9%
22.5
Condo At Gunston Corner
1
$245,000
$245,000
100.0%
2.0
Newington Commons
1
$230,000
$233,000
101.3%
3.0
Highland At Gunston Crnr
1
$217,900
$200,000
91.8%
68.0

 

Do you have a property in Lorton area you would like to sell? We can help sell your Lorton Property!  Call 703-539-2053 to discuss your home’s value or visit us on the web for your free home value report done by an experienced Northern Virgina Realtor®. We are here to help you with all of your Northern Virginia real estate needs. 

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[button size=”large” url=”https://www.askawalker.com/category/lorton-market-stats-homes-sold/” newtab=”true”]Lorton Market Reports by Month[/button] [button size=”large” url=”https://www.askawalker.com/home-valuation/” newtab=”true”]Check My Lorton Home Value[/button] [button size=”large” url=”https://www.askawalker.com/buyer-resources/steps-to-buy-a-home/” newtab=”true”]Steps To Buying My Lorton Home[/button] [button size=”large” url=”https://www.askawalker.com/seller-resources/steps-selling-your-home-northern-virginia/” newtab=”true”]Steps To Selling My Lorton Home[/button]

LORTON HOMES FOR SALE



Table Key
TitleNameDescription
Legal SubdivisionLegal SubdivisionThis is the legal description of the property. Sometimes this name matches the condo development.
AddressStreet AddressThis is the street address of the property.  Condo unit, Apt numbers and Suite numbers will show up before or after the address.
OLPOriginal List PriceThis is the starting list price of the property before price reductions.
LPList PriceThis is the last list price before the property was sold.  This price is used in the List Price to Sales Price ratio.
BRBedroomsNumber of bedrooms listed in the Multiple Listing Service (MLS).  This number does not represent “legal” bedrooms.  This is a number agents input into the MLS when marketing the property.
BABedroomsNumber of bedrooms listed in the Multiple Listing Service (MLS).  This number does not represent “legal” bedrooms.  This is a number agents input into the MLS when marketing the property.
BABathroomsNumber of all bathrooms in the property.  This number includes full and half bathrooms.  Half bathrooms are noted as a tenth of a number. 1 half bathroom = .1, 2 half bathrooms = .2, 3 half bathrooms = .3, etc.
SPSale PriceThis is the number reported in the MLS as the sales price of the property.  This number does not take into account closing cost or incentives paid by the seller.  Contact us directly to receive information on closing cost paid by the seller to the buyer.
LP / SPList Price to Sales Price RatioThis percentage is calculated by dividing the Sales Price by the List Price and multiplying the result by 100 to represent the number using percentage.  This number measures the distance from the list price the seller received for the property.  This number is not accurate because it does not take into account the amount the seller paid in closing cost or incentives to the buyer at the time of closing.  Please contact us if you would like a complete picture of the local real estate market.
DOMPDays On Market PropertyTotal number of days the property has been on the market regardless of status until the home closes.

 

Fun Facts about the Lorton Zip Code 22079 from CityData:

Estimated zip code population in 2015: 34,218
Zip code population in 2010: 32,059
Zip code population in 2000: 19,607

Houses and condos: 11,675
Renter-occupied apartments: 3,425

22079 has several legal subdivisions. Here is a short list of a few of the Lorton subdivisions: Amberleigh, Barnes, Beechwood Cluster, Belmont Park Estates, Callaway Greens, Colchester, Condo At Gunston Corner, Courts Of Laurel Crest, Crandall Run, Cranford At Gunston Cove, Crosspointe, Crosspointe Glen, Denali Way, East Hill, Evans, Gables At Gunston, Grace Bible Church, Green Ridge Cozzos, Gunston Commons, Gunston Corner, Gunston Hall Forest, Gunston Heights, Gunston Hill, Gunston Manor, Gunston Square, Hallowing Point River, Hampton Station, Harbor View, Highland At Gunston Crnr, Hollymeade, Hunter Estates, Hunterwood, John Leary, Laurel Crest, Laurel Highlands, Laurel Hill Landbay, Laurel Hill South, Laurel Ridge Crossing, Lorfax Heights, Lorton Station North, Lorton Station South, Lorton Town Cntr Landbay, Lorton Town Ctr Landbay, Lorton Valley North, Lyndam Hill, Masons Passage, Maywood, Meeker, Monacan Estates, Mount Air, Mount Vernon Meadows, Newington Commons, Newington Heights, Nirvana Palace, Occoquan Overlook, Occoquan Park, Overlook Pointe, Pinewood Station, Pohick Estates, Pohick Landing, Pohick Square, Pohick Village, Pumpelly Point, Raceway Farms, Remington, Residences Of Lorton Sta, Robmont, Shepherd Hills, Shirley Acres, Silverbrook, Silverbrook Estates, South Point, South Pointe, Southern Oaks, Southgate Woods Townhous, Spring Hill, Spring Hill Senior Cmp, Springfield Farms, Sullenberger, Summerhill, Summit Oaks, Terrace Towne Homes Of G, The Forest At Southrun, The Highlands, Thompsons Creek, Townes Of Pohick, Twinbrook At Mount Air, Village At Lorton Valley, Village Of Mount Air, Washington Square, Wildwood, Wiley, Williamsburg Sq, Winstead Manor, Worthington Woods, Wrights Overlook.



Data compiled from the MRIS. Statistics deemed reliable, but not guaranteed. We feel that if you are in the market to Sell a home in Lorton or Buy a Home in Lorton, it is important to understand the trends in Closed Listings, Days on the Market, and Listing to Sale Price ratio so that you can make an educated decision.



About the Author: The above article was written by Abraham Walker, Your Lorton Virginia Real Estate Agent, helping clients market their homes to achieve high sales with a quick closing time is my main priority.  He’s the co-founder of Ask A Walker and can be found on YouTube, Facebook, and HERE on this blog.

Abraham can be reached via email at Abraham@AskAWalker.com or by phone at (703)539-2053.  He’s happy to answer all your real estate questions.

Thinking of selling your home?  Check out 20+ step process to selling your home. Our contact me now to start the process.  Same day appointments are available on a case by case basis.

I help people sell and buy real estate in the following Northern Virginia area cities & neighborhoods: Lorton, Island Creek, Cameron Station, Overlook, Alexandria, Old Town, Belle Haven, Fort Hunt, Mount Vernon, Springfield, West Springfield, Burke, Lorton, Woodbridge, Lake Ridge, Manassas, Annandale, Fairfax, Arlington, McLean, Reston, Herndon and of course Vienna

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