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

 

Lorton area recorded 40 home sales in January 2018. The average sales price was $440,273. Homes in Lorton area sold in 49.5 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.

[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:

Town House: 22

Single-Family: 12

Condo: 6

October 2017 Market Recap:

Closed Sales Volume – $17,610,915

Median Sales Price – $402,500

Units Sold – 40

Average Sales Price – $440,273

Average SP to OLP –97.0%

Average Seller Subsidy –  $5,735

Lorton Town House Sales

Lorton area townhouse sales increased by 4.3% on a year over year basis. 22 townhouse sold in January 2018 with an average sales price of $374,864. Townhouse sold in 28.6 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.

 

Loron October 2017 Town House Market Report

Address
OLP
LP
BR
BA
SP
LP/SP
DOMP
8513 Bertsky Ln
$489,900
$489,900
3
2.2
$493,900
100.8%
102
8200 Gunston Commons Way
$449,900
$479,900
3
3.1
$470,000
97.9%
43
9058 Tanyard Ln
$459,900
$459,900
3
2.2
$462,000
100.5%
3
8325 Linden Oaks Ct
$424,500
$424,500
3
2.2
$420,000
98.9%
14
8110 Dove Cottage Ct
$429,900
$419,900
3
3.0
$419,900
100.0%
69
8542 Enochs Dr
$424,900
$424,900
3
2.2
$416,500
98.0%
22
9615 Franklin Woods Pl
$407,900
$407,900
4
3.1
$407,900
100.0%
7
8571 Enochs Dr
$419,500
$409,500
4
3.1
$404,000
98.7%
84
8320 Linden Oaks Ct
$400,000
$400,000
4
3.1
$404,000
101.0%
6
9612 Eaton Woods Pl
$409,988
$409,988
4
3.1
$401,000
97.8%
16
7812 Dogue Indian Cir
$425,000
$417,000
3
2.1
$400,000
95.9%
41
9736 Plaskett Forest Ln
$390,000
$380,000
3
2.1
$375,000
98.7%
24
9646 Franklin Woods Pl
$390,500
$369,990
4
2.1
$355,000
95.9%
64
7803 Stovall Ct
$339,000
$339,000
3
2.2
$349,000
102.9%
17
9173 Sheffield Hunt Ct
$325,000
$325,000
3
3.1
$330,000
101.5%
7
8764 Susquehanna St
$319,000
$319,000
2
2.0
$315,000
98.7%
7
7407 Aspenpark Rd
$325,000
$315,000
3
2.1
$315,000
100.0%
22
8408 White Feather Ct
$309,900
$312,900
2
2.0
$312,900
100.0%
9
8544 Golden Ridge Ct
$304,900
$304,900
2
2.0
$304,900
100.0%
3
8506 Golden Ridge Ct
$305,000
$305,000
2
2.0
$302,000
99.0%
7
8806 Newington Commons Rd
$299,000
$299,000
2
2.1
$295,000
98.7%
41
8785 Susquehanna St
$295,000
$295,000
2
2.0
$294,000
99.7%
21

 

Lorton Townhouse Listings (REAL TIME LISTINGS FROM MLS)

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Lorton Single Family Home Sales

Lorton area single-family home sales increased by 5% on a year over year basis. 12 single family homes sold in January 2018 with an average sales price of $623,921. Single family homes sold in 86.8 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.

 

Loron October 2017 Single Family Market Report

Address
OLP
LP
BR
BA
SP
LP/SP
DOMP
7775 Julia Taft Way
$1,216,900
$1,031,200
4
2.1
$1,094,715
106.2%
422
9223 Ox Rd
$862,000
$850,000
6
5.2
$850,000
100.0%
110
8755 Bitterroot Ct
$849,900
$839,900
4
3.2
$803,000
95.6%
134
9054 Chynoweth St
$760,000
$760,000
4
4.1
$705,000
92.8%
64
8194 Douglas Fir Dr
$720,000
$649,900
4
2.1
$640,000
98.5%
104
9524 3Rd Pl
$630,000
$630,000
4
3.1
$630,000
100.0%
3
8562 Barrow Furnace Ln
$645,977
$625,000
4
4.1
$625,000
100.0%
0
8549 Barrow Furnace Ln
$649,900
$619,900
4
3.1
$620,000
100.0%
63
9795 Lorraine Carol Way
$615,000
$615,000
4
3.1
$615,000
100.0%
17
9245 Lee Masey Dr
$589,900
$569,900
3
3.1
$560,000
98.3%
36
8819 Carpenters Hall Dr
$550,000
$550,000
4
3.1
$550,000
100.0%
9
10511 Madison Dr
$374,900
$364,900
3
1.0
$366,500
100.4%
80

 

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

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Lorton Condo Sales

Lorton area condo sales increased by 2.2% on a year over year basis. 6 condo sold in January 2018 with an average sales price of $217,450. Condos sold in 51.7days 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.

 

Loron October 2017 Condo Market Report

Address
OLP
LP
BR
BA
SP
LP/SP
DOMP
9000 Lorton Station Blvd #2-110
$284,900
$274,900
2
2.0
$280,000
101.9%
60
9278D Cardinal Forest Ln #302
$249,900
$249,900
2
2.1
$255,000
102.0%
6
9251 Cardinal Forest Ln #101
$234,700
$234,700
2
2.0
$234,700
100.0%
4
8311C Bluebird Way #C
$215,000
$215,000
2
2.0
$215,000
100.0%
72
9640 Hagel Cir #D
$197,500
$197,500
3
2.0
$185,000
93.7%
102
9708 Hagel Cir #B
$159,000
$155,000
2
1.0
$135,000
87.1%
66

 

Lorton Condo Listings (REAL TIME LISTINGS FROM MLS)

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Lorton Overall Sales

John Leary is the top subdivision in Lorton by number of sales.

Lorton Overall Market Report

Loron October 2017 Overall Market Report

Legal Subdivision
Units Sold
Average OLP
Average Sales Price
SP/OLP
Average DOM
2
$988,450
$899,858
91.0%
243.0
John Leary
1
$862,000
$850,000
98.6%
110.0
Laurel Hill South
1
$849,900
$803,000
94.5%
134.0
Laurel Hill Landbay
1
$720,000
$640,000
88.9%
104.0
Shirley Acres
1
$630,000
$630,000
100.0%
3.0
Lorton Valley North
2
$647,939
$622,500
96.1%
31.5
Lorton Town Cntr Landbay
1
$589,900
$560,000
94.9%
36.0
Lorton Town Ctr Landbay
1
$550,000
$550,000
100.0%
9.0
The Forest At Southrun
1
$489,900
$493,900
100.8%
102.0
Gunston Commons
1
$449,900
$470,000
104.5%
43.0
Masons Passage
3
$476,667
$463,333
97.2%
27.3
Laurel Crest
1
$459,900
$462,000
100.5%
3.0
Lorton Station South
1
$429,900
$419,900
97.7%
69.0
Southern Oaks
2
$412,250
$412,000
99.9%
10.0
Village Of Mount Air
2
$422,200
$410,250
97.2%
53.0
Gunston Square
3
$402,796
$387,967
96.3%
29.0
Gunston Heights
1
$374,900
$366,500
97.8%
80.0
Williamsburg Sq
1
$339,000
$349,000
102.9%
17.0
Pohick Village
2
$325,000
$322,500
99.2%
14.5
Newington Heights
3
$306,600
$306,600
100.0%
6.3
Newington Commons
3
$304,333
$301,333
99.0%
23.0
Residences Of Lorton Sta
1
$284,900
$280,000
98.3%
60.0
Gunston Corner
2
$242,300
$244,850
101.1%
5.0
Highland At Gunston Crnr
1
$215,000
$215,000
100.0%
72.0
Terrace Towne Homes Of G
2
$178,250
$160,000
89.8%
84.0

 

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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