So what's been happening in Lorton?...
(Data as of 4/24/2011)
The Lorton market had a total of 378 single family residential sales over the past 12 months. The median sold price was $405,000, up 9% from the previous 12 month period. The sold price range was $124,950 - $3,600,000. Days-on-market ranged from 0 - 741 days with a median DOM of 18 days. The median sold price as a percentage of the median original list price was 99%.
The most recent 6 month period shows a total of 154 sales with a sold price range of $124,950 - $1,135,000. The median sold price was $385,000, up 1.3% year-over-year. The median days-on-market was 30 days, up slightly from a median of 14 days year-over-year. The median sold price as a percentage of the median original list price has been 97%.
The local Realtor MLS shows a total of 69 Active single family residential listings for sale in the Lorton market. The price range is $180,599 - $7,000,000 with a median list price of $579,950 and a median days-on-market of 42 days.
The months supply of inventory stands at just 2.2 months based on 12 month sales and 2.7 months based on the most recent 6 months sales.
The highest sales price based on MRIS data in the Lorton market over the most recent 6 month period goes to the property at 9328 Elkhorne Run Ct Lorton, VA 22079 with a sales price of $1,135,000 and a total days-on-market of 39 days. The listing agent was Sunil Arora with Regal Realty Group, Inc. The Selling agent was David Billups with Long & Foster Real Estate, Inc.
Going back 12 months we have a high sale price of $3,600,000 for the property at 11191 Gunston Rd Lorton, VA 22079 The listing as well as the selling agent was Susan Gray Chambers with Coldwell Banker Residential Brokerage.
The highest list price for Active listings in the Herndon market currently goes to the property at 10606 Belmont Blvd Lorton, VA 22079 This property has an asking price of $7,000,000 and has been on the market for 174 days. The listing agent is Pascale Karam with Long & Foster Real Estate ,Inc.
The Lorton Community includes the following zip code: 22079
Certified Appraisal Group, LLC appraises in the following subdivisions within the Lorton market:
Barnes, Beechwood Cluster, Belmont Park Estates, Callaway Greens, Cavanough Crossing, Chester Park, Courts of Laurel Crest, Cranford at Gunston Cove, Crosspointe, Denali Way, East Hill, Evans, Grace Bible Church, Green Ridge Cozzos, Gunston Commons, Gunston Hall Forest, Gunston Heights, Gunston Hill, Gunston Manor, Gunston Square, Hallowing Point River, Harbor View, Harley Farm Estates, Hollymeade, Hunter Estates, John Leary, Laurel Crest, Laurel Highlands, Laurel Hill, Laurel Hill Landbay, Laurel Hill South, Laurel Overlook, Lorfax Heights, Lorton Station, Lorton Town Cntr Landbay, Lorton Station Lorton Station South, Lorton Valley North, Masons Passage, Monacan Estates, Mount Air, Mount Vernon Meadows, Newington Commons, Newington Heights, Nirvana Palace, Occoquan Overlook, Overlook Pointe, Pinewood Station, Pohick Estates, Pohick Landing, Pohick Square, Raceway Farms, Shepherd Hills, Shirley Acres, Southern Oaks, Southgate Woods Townhouses, Spring Hill Senior Campus, Springman, Springman, Summerhill, Summit Oaks, The Forest At Southrun, The Highlands, Townes Of Pohick, Village at Lorton Valley, Village of Mount Air, Washington Square, Wildwood, Wiley, Williamsburg Square, Worthington Woods.
Market Trends for Lorton:
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