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

 

Lorton area recorded 61 home sales in May 2017. The average sales price was $526,424. Homes in Lorton area sold in 44 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: 33

Town House:  22

Condo: 6

May 2017 Market Recap:

Closed Sales Volume – $32,111,878

Median Sales Price – $495,000

Units Sold – 61

Average Sales Price – $526,424

Average SP to OLP – 98.0%

Average Seller Subsidy –  $4,126

Lorton Single Family Home Sales

Lorton area single-family home sales increased by 0% on a year over year basis. 33 single family homes sold in January 2018 with an average sales price of $665,104. Single family homes sold in 64.6 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 May 2017 Single Family Market Report

Address
OLP
LP
BR
BA
SP
LP/SP
DOMP
8813A Lake Hill Dr
$1,149,999
$1,150,000
4
5.1
$1,006,838
87.6%
558
9038 Swans Creek Way
$999,990
$999,990
5
6.1
$950,000
95.0%
18
8748 Bitterroot Ct
$929,900
$929,900
5
3.1
$900,000
96.8%
5
11443 Potomac Rd
$829,900
$829,900
3
2.1
$810,000
97.6%
42
9020 Virginia Ter
$798,000
$798,000
5
5.1
$800,000
100.3%
34
9105 Wood Spice Ln
$799,900
$799,900
4
4.1
$799,900
100.0%
12
9016 Haywood Ave
$779,900
$779,900
5
4.1
$793,000
101.7%
7
8511 Accotink Rd
$785,000
$785,000
4
3.1
$785,000
100.0%
2
9235 Wrights Hollow Ln
$779,000
$779,000
4
3.1
$782,000
100.4%
5
8308 Accotink Rd
$780,000
$780,000
5
4.1
$780,000
100.0%
48
8731 Flowering Dogwood Ln
$779,900
$779,900
7
4.1
$765,000
98.1%
0
8510 Indian Paintbrush Way
$755,000
$755,000
5
3.1
$765,000
101.3%
4
8507 Accotink Rd
$769,999
$769,990
5
3.1
$765,000
99.4%
8
8501 Indian Paintbrush Way
$747,000
$747,000
4
3.1
$740,000
99.1%
7
8959 Birch Bay Cir
$729,900
$719,900
4
4.0
$719,900
100.0%
39
6018 River Dr
$712,000
$700,000
4
2.1
$676,000
96.6%
73
8176 Paper Birch Dr
$678,000
$675,000
5
3.1
$660,000
97.8%
300
7180 Lyndam Hill Cir
$704,540
$669,990
4
4.1
$655,990
97.9%
148
8454 Wasdale Head Dr
$615,000
$615,000
4
3.1
$610,000
99.2%
17
8511 Barrow Furnace Ln
$635,000
$615,000
5
4.1
$607,000
98.7%
101
8013 Annette Dr
$599,000
$599,000
4
3.1
$590,000
98.5%
3
9580 Linnett Hill Dr
$590,000
$590,000
4
3.1
$575,000
97.5%
41
8831 Carpenters Hall Dr
$574,900
$574,900
4
3.1
$574,900
100.0%
11
9165 Stonegarden Dr
$570,000
$562,000
4
4.1
$573,000
102.0%
181
10544 Anita Dr
$600,000
$600,000
5
3.0
$565,000
94.2%
182
7755 Grandwind Dr
$555,000
$555,000
3
3.1
$555,000
100.0%
3
9028 Harrover Pl
$544,900
$544,900
4
3.1
$544,900
100.0%
2
8805 Sylvania St
$558,000
$529,000
7
4.0
$529,000
100.0%
96
5842 Mallow Trl
$569,900
$475,000
2
2.1
$475,000
100.0%
169
7505 Billsam Ct
$419,900
$419,900
4
2.0
$426,000
101.5%
3
7613 Anzio Ln
$440,000
$440,000
3
2.0
$425,000
96.6%
8
5908 Oak Grove St
$400,000
$400,000
2
2.0
$385,000
96.3%
0
9525 5Th Pl
$350,000
$350,000
3
2.0
$360,000
102.9%
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 4.9% on a year over year basis. 22 townhouse sold in January 2018 with an average sales price of $393,525. Townhouse sold in 20.1 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 May 2017 Town House Market Report

Address
OLP
LP
BR
BA
SP
LP/SP
DOMP
8464 Kirby Lionsdale Dr
$500,000
$500,000
3
2.2
$500,000
100.0%
4
8355 Millom Ct
$496,900
$496,900
3
2.2
$497,000
100.0%
1
9422 Lakeland Fells Ln
$495,000
$495,000
3
2.2
$495,000
100.0%
7
8353 Millom Ct
$489,888
$489,888
3
2.2
$490,000
100.0%
11
8102 Dove Cottage Ct
$489,900
$489,900
3
2.2
$490,000
100.0%
51
9654 Potters Hill Cir
$498,000
$489,000
3
2.1
$485,000
99.2%
20
9434 Lakeland Fells Ln
$475,000
$460,000
3
2.2
$460,000
100.0%
57
7912 Gunston Woods Pl
$409,900
$409,900
4
3.1
$412,000
100.5%
11
9634 Eaton Woods Pl
$399,999
$399,999
4
3.1
$410,000
102.5%
3
7884 Seafarer Way
$397,000
$397,000
3
3.1
$405,000
102.0%
8
7323 Ardglass Dr
$395,000
$395,000
3
2.1
$400,000
101.3%
18
9013 Marie Ct
$409,900
$402,000
3
2.1
$398,000
99.0%
28
9052 Marie Ct
$389,990
$389,990
3
2.1
$392,550
100.7%
6
7304 Old Pohick Way
$385,000
$385,000
3
3.1
$385,000
100.0%
11
7349 Rhondda Dr
$374,999
$374,999
3
3.0
$380,000
101.3%
2
7802 Lambkin Ct
$369,900
$369,900
4
3.1
$370,000
100.0%
2
7467 Aspenpark Rd
$350,000
$350,000
3
2.1
$343,000
98.0%
41
7427 Aspenpark Rd
$324,900
$324,900
3
2.0
$315,000
97.0%
9
7606 Whitly Way
$309,900
$299,900
2
2.1
$295,000
98.4%
59
8753 Susquehanna St
$314,900
$299,900
2
1.1
$290,000
96.7%
17
9873 Hagel Cir
$235,000
$235,000
3
2.0
$230,000
97.9%
15
9864 Hagel Cir
$224,900
$224,900
3
2.1
$215,000
95.6%
61

 

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

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Lorton Town House Sales

Lorton area townhouse sales increased by 4.9% on a year over year basis. 6 townhouse sold in January 2018 with an average sales price of $250,983. Townhouse sold in 18.5 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 May 2017 Condo Market Report

Address
OLP
LP
BR
BA
SP
LP/SP
DOMP
8425 Peace Lily Ct #412
$359,000
$359,000
2
2.0
$370,000
103.1%
3
9223 Cardinal Forest Ln #33
$270,000
$270,000
3
2.1
$270,000
100.0%
0
8209 Crossbrook Ct #201
$229,900
$229,900
2
1.1
$230,000
100.0%
19
9248 Cardinal Forest Ln #301
$219,900
$219,900
2
1.1
$219,900
100.0%
4
8203 Crossbrook Ct #201
$215,000
$215,000
2
1.0
$210,000
97.7%
6
8327A Bluebird Way #A
$210,000
$210,000
2
2.0
$206,000
98.1%
79

 

Lorton Condo Listings (REAL TIME LISTINGS FROM MLS)

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Lorton Overall Sales

Lake Hills is the top subdivision in Lorton by number of sales.

Lorton Overall Market Report

Lorton May 2017 Overall Market Report

Legal Subdivision
Units Sold
Average OLP
Average Sales Price
SP/OLP
Average DOM
Lake Hills
1
$1,149,999
$1,006,838
87.6%
558.0
Crandall Run
1
$999,990
$950,000
95.0%
18.0
Laurel Hill South
1
$929,900
$900,000
96.8%
5.0
Crosspointe
1
$799,900
$799,900
100.0%
12.0
John Leary
2
$788,950
$796,500
101.0%
20.5
Wrights Overlook
1
$779,000
$782,000
100.4%
5.0
Hunter Estates
1
$780,000
$780,000
100.0%
48.0
Twinbrook At Mount Air
2
$777,500
$775,000
99.7%
5.0
Laurel Hill Landbay
5
$737,960
$729,980
98.9%
70.0
1
$704,540
$655,990
93.1%
148.0
Gunston Manor
2
$699,900
$642,500
91.8%
105.5
Village At Lorton Valley
2
$602,500
$592,500
98.3%
29.0
Barnes
1
$599,000
$590,000
98.5%
3.0
Lorton Town Cntr Landbay
1
$570,000
$573,000
100.5%
181.0
Harbor View
1
$600,000
$565,000
94.2%
182.0
Lorton Town Ctr Landbay
3
$558,267
$558,267
100.0%
5.3
Hallowing Point River
2
$556,000
$530,500
95.4%
36.5
Lorton Valley North
6
$515,298
$508,167
98.6%
30.2
Lorton Station South
1
$489,900
$490,000
100.0%
51.0
Gunston Hill
1
$498,000
$485,000
97.4%
20.0
Pohick Estates
2
$488,950
$477,500
97.7%
49.5
Wiley
1
$440,000
$425,000
96.6%
8.0
Gunston Square
2
$404,950
$411,000
101.5%
7.0
Masons Passage
1
$397,000
$405,000
102.0%
8.0
South Pointe
2
$399,945
$395,275
98.8%
17.0
Worthington Woods
2
$385,000
$390,000
101.3%
10.0
Pohick Landing
1
$385,000
$385,000
100.0%
11.0
Spring Hill
1
$359,000
$370,000
103.1%
3.0
Shepherd Hills
1
$369,900
$370,000
100.0%
2.0
Shirley Acres
1
$350,000
$360,000
102.9%
5.0
Pohick Village
2
$337,450
$329,000
97.5%
25.0
Washington Square
1
$309,900
$295,000
95.2%
59.0
Newington Commons
1
$314,900
$290,000
92.1%
17.0
Gables At Gunston
1
$270,000
$270,000
100.0%
0.0
The Highlands
2
$229,950
$222,500
96.8%
38.0
Gunston Corner
3
$221,600
$219,967
99.3%
9.7
Highland At Gunston Crnr
1
$210,000
$206,000
98.1%
79.0

 

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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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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