Lorton, VA 22079 – January 2018 Real Estate Market Update
Lorton, VA 22079 – January 2018 Real Estate Market Update

 

Lorton area recorded 21 home sales in January 2018. The average sales price was $449,137. Homes in Lorton area sold in 32.8 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: 10

Town House:  7

Condo: 4

January 2018 Market Recap:

Closed Sales Volume –  $9,431,881

Median Sales Price –  $480,000

Units Sold –  21

Average Sales Price –  $449,137

Average SP to OLP – 97.8%

Average Seller Subsidy – $3,150

Lorton Single Family Home Sales

Lorton area single-family home sales increased by 5% on a year over year basis. 10 single family homes sold in January 2018 with an average sales price of $599,777. Single family homes sold in 32.2 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 Single Family Homes Market Report

Lorton January 2018 Single Family Market Report

Address
OLP
LP
BR
BA
SP
LP/SP
DOMP
8755 Flowering Dogwood Ln
$750,000
$750,000
4
3.1
$750,000
100.0%
5
8521 Silverview Dr
$734,000
$734,000
4
3.1
$734,000
100.0%
6
9814 Amsterdam St
$630,000
$625,000
4
3.1
$620,000
99.2%
61
9235 Old Beech Ct
$599,900
$599,900
4
3.1
$615,000
102.5%
6
8339 Middle Ruddings Dr
$615,000
$615,000
4
3.1
$604,000
98.2%
46
8398 Gingerspice Pl
$579,500
$579,500
3
3.0
$575,000
99.2%
6
8251 Laurel Heights Loop
$575,000
$575,000
4
3.1
$563,500
98.0%
73
9916 Hill Dr
$650,000
$585,000
5
4.1
$556,270
95.1%
35
9521 4Th Pl
$499,000
$499,000
3
3.0
$500,000
100.2%
19
7667 Fallswood Way
$479,000
$480,000
5
2.2
$480,000
100.0%
65

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

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Lorton Town House Sales

Lorton area townhouse sales increased by 6.5% on a year over year basis. 7 townhouse sold in January 2018 with an average sales price of $368,587. Townhouse sold in 22.6 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 Townhouses Market Report

Lorton January 2018 Town House Market Report

Address
OLP
LP
BR
BA
SP
LP/SP
DOMP
9020 Endicott Pl
$575,900
$575,900
4
3.1
$560,000
97.2%
43
8980 Fascination Ct #416
$420,000
$420,000
2
2.0
$408,111
97.2%
0
7945 Gunston Woods Pl
$410,000
$389,900
4
3.1
$393,000
100.8%
60
7816 Stovall Ct
$370,000
$370,000
4
2.2
$359,000
97.0%
46
8512 Golden Ridge Ct
$315,000
$315,000
2
2.0
$315,000
100.0%
3
8552 Koluder Ct
$299,900
$299,900
2
1.2
$295,000
98.4%
6
11607 Gunston Rd
$250,000
$250,000
2
1.0
$250,000
100.0%
0

Lorton Townhouse Listings (REAL TIME LISTINGS FROM MLS)

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Lorton Condo Sales

Lorton area condo sales increased by 3.2% on a year over year basis. 4 condo sold in January 2018 with an average sales price of $213,500. Condos sold in 52.3 days on average.

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

Lorton Condo Market Report

Lorton January 2018 Condo Market Report

Address
OLP
LP
BR
BA
SP
LP/SP
DOMP
9020 Lorton Station Blvd #211
$285,000
$285,000
2
2.0
$270,000
94.7%
69
9523 Hagel Cir #C
$228,000
$228,000
3
2.0
$219,000
96.1%
47
8181 Halley Ct #0
$220,000
$215,000
2
2.1
$215,000
100.0%
78
9574 Hagel Cir #E
$154,900
$154,900
2
1.0
$150,000
96.8%
15

Lorton Condo Listings (REAL TIME LISTINGS FROM MLS)

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Lorton Overall Sales

Newington Heights is the top subdivision in Lorton by number of sales.

Lorton Overall Market Report

Lorton January 2018 Overall Market Report

Legal Subdivision
Units Sold
Average OLP
Average Sales Price
SP/OLP
Average DOM
Newington Heights
2
$307,450
$305,000
99.2%
4.5
Terrace Towne Homes Of G
2
$191,450
$184,500
96.4%
31.0
Laurel Hill Landbay
1
$750,000
$750,000
100.0%
5.0
Silverbrook Estates
1
$734,000
$734,000
100.0%
6.0
Cranford At Gunston Cove
1
$630,000
$620,000
98.4%
61.0
Lorton Town Cntr Landbay
1
$599,900
$615,000
102.5%
6.0
Village At Lorton Valley
1
$615,000
$604,000
98.2%
46.0
Spring Hill Senior Cmp
1
$579,500
$575,000
99.2%
6.0
Courts Of Laurel Crest
1
$575,000
$563,500
98.0%
73.0
Lyndam Hill
1
$575,900
$560,000
97.2%
43.0
East Hill
1
$650,000
$556,270
85.6%
35.0
Shirley Acres
1
$499,000
$500,000
100.2%
19.0
Summerhill
1
$479,000
$480,000
100.2%
65.0
Spring Hill
1
$420,000
$408,111
97.2%
0.0
Gunston Square
1
$410,000
$393,000
95.9%
60.0
Williamsburg Sq
1
$370,000
$359,000
97.0%
46.0
Residences Of Lorton Sta
1
$285,000
$270,000
94.7%
69.0
Gunston Manor
1
$250,000
$250,000
100.0%
0.0
Condo At Gunston Corner
1
$220,000
$215,000
97.7%
78.0

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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