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

 

Lorton area recorded 29 home sales in February 2017. The average sales price was $508,809. Homes in Lorton area sold in 73.6 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.

[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]

Top Property Types Sold:

Single-Family: 14

Town House:  14

Condo: 1

February 2017 Market Recap:

Closed Sales Volume: $14,755,460

Median Sales Price – $519,990

Units Sold – 29

Average Sales Price – $508,809

Average SP to OLP – 96.9%

Average Seller Subsidy – $5,917

Lorton Single Family Home Sales

Lorton area single-family home sales decreased by -8% on a year over year basis. 14 single family homes sold in January 2018 with an average sales price of $618,250. Single family homes sold in 73.6 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 February 2017 Single Family Market Report

Address
OLP
LP
BR
BA
SP
LP/SP
DOMP
8700 Bitterroot Ct
$900,000
$900,000
4
3.1
$872,500
96.9%
10
8049 Winstead Manor Ln
$799,990
$785,000
4
4.1
$785,000
100.0%
56
9006 Weatherly Way
$759,900
$759,900
5
4.1
$757,200
99.6%
39
8770 Flowering Dogwood Ln
$749,900
$749,900
6
3.1
$745,000
99.3%
3
8193 Mistletoe Ln
$744,999
$744,900
5
4.1
$740,000
99.3%
213
7232 Lyndam Hill Cir
$659,900
$645,500
5
3.1
$630,000
97.6%
41
8932 Periwinkle Blue Ct
$619,000
$619,000
4
4.0
$619,000
100.0%
25
8559 Barrow Furnace Ln
$609,950
$559,950
4
3.1
$555,000
99.1%
183
8913 Periwinkle Blue Ct
$549,900
$549,900
3
3.0
$540,900
98.4%
77
8715 Silverbrook Rd
$539,900
$534,900
3
1.0
$534,900
100.0%
4
7794 Grandwind Dr
$535,000
$535,000
3
3.1
$532,000
99.4%
35
7668 Summerhill Ct
$485,000
$485,000
4
2.1
$475,000
97.9%
122
10238 Gunston Rd
$499,900
$449,900
2
1.0
$450,000
100.0%
146
8816 Lagrange St
$419,900
$419,900
3
2.0
$419,000
99.8%
77

 

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

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Lorton Town House Sales

Lorton area townhouse sales increased by 1.0% on a year over year basis. 14 townhouse sold in January 2018 with an average sales price of $414,211. Townhouse sold in 71.7 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 February 2017 Town House Market Report

Address
OLP
LP
BR
BA
SP
LP/SP
DOMP
9015 Endicott Pl
$623,930
$539,990
4
3.1
$539,990
100.0%
143
8918 Purple Lilac Cir
$525,000
$525,000
4
3.1
$537,000
102.3%
5
9027 Endicott Pl
$558,395
$523,990
4
3.1
$523,990
100.0%
125
9019 Endicott Pl
$572,475
$517,990
4
3.1
$519,990
100.4%
194
9035 Endicott Pl
$549,215
$517,990
4
3.1
$518,990
100.2%
112
9433 Hucks Bridge Cir
$485,000
$485,000
3
2.2
$480,000
99.0%
1
8190 Halley Ct
$414,888
$414,888
4
3.1
$420,000
101.2%
5
9221 Lorton Valley Rd
$399,900
$399,900
3
2.2
$400,000
100.0%
7
7840 Lambkin Ct
$340,000
$340,000
4
3.1
$330,000
97.1%
28
7607 Sheffield Village Ln
$333,000
$328,000
3
2.0
$328,000
100.0%
45
7406 Larne Ln
$330,000
$305,000
3
3.1
$309,000
101.3%
158
7425 Larne Ln
$316,999
$309,000
3
2.1
$309,000
100.0%
75
8582 Blackfoot Ct
$305,000
$295,000
2
2.0
$295,000
100.0%
56
8755 Susquehanna St
$289,900
$289,900
2
1.1
$288,000
99.3%
50

 

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

[property_carousel max=”15″ display=”2″ order=”high-low” autoplay=”1″ property_type=”savedlink” saved_link_id=”13878″ /]

Lorton Condo Sales

Lorton area condo sales increased by 0.7% on a year over year basis. 1 condo sold in January 2018 with an average sales price of $301,000. Condo sold in 106 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 February 2017 Condo Market Report

Address
OLP
LP
BR
BA
SP
LP/SP
DOMP
8930 Milford Haven Ct #30B
$306,000
$306,000
3
2.1
$301,000
98.4%
106

 

Lorton Condo Listings (REAL TIME LISTINGS FROM MLS)

[property_carousel max=”15″ display=”2″ order=”high-low” autoplay=”1″ property_type=”soldpending” saved_link_id=”13874″ /]

Lorton Overall Sales

Laurel Hill South is the top subdivision in Lorton by number of sales.

Lorton Overall Market Report

Lorton February 2017 Overall Market Report

Legal Subdivision
Units Sold
Average OLP
Average Sales Price
SP/OLP
Average DOM
Laurel Hill South
1
$900,000
$872,500
96.9%
10.0
Winstead Manor
1
$799,990
$785,000
98.1%
56.0
Crosspointe
1
$759,900
$757,200
99.6%
39.0
Laurel Hill Landbay
3
$673,300
$674,000
100.1%
73.7
Lyndam Hill
1
$659,900
$630,000
95.5%
41.0
Spring Hill Senior Cmp
2
$584,450
$579,950
99.2%
51.0
Silverbrook
1
$539,900
$534,900
99.1%
4.0
Lorton Town Ctr Landbay
1
$535,000
$532,000
99.4%
35.0
Lorton Valley North
2
$547,475
$517,500
94.5%
92.0
5
$560,783
$510,592
91.0%
144.0
Pohick Estates
1
$419,900
$419,000
99.8%
77.0
Gunston Corner
2
$407,394
$410,000
100.6%
6.0
Summerhill
2
$409,000
$401,500
98.2%
83.5
Shepherd Hills
1
$340,000
$330,000
97.1%
28.0
Southgate Woods Townhous
2
$323,500
$309,000
95.5%
116.5
Lorton Station North
1
$306,000
$301,000
98.4%
106.0
Newington Heights
1
$305,000
$295,000
96.7%
56.0
Newington Commons
1
$289,900
$288,000
99.3%
50.0

 

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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[property_showcase max=”10″ use_rows=”1″ num_per_row=”2″ order=”high-low” show_image=”1″ property_type=”savedlink” saved_link_id=”9536″ /]
[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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