LORTON, MASON NECK, AND FORT BELVOIR HOUSING MARKET DATA

There was an increase in total units sold in March, with 20 sold this month in Lorton, Mason Neck, and Fort Belvoir Real Estate versus 18 last month, an increase of 11%. This month's total units sold was lower than at this time last year, a decrease of 17% versus March 2024.

Versus last year, the total number of homes available this month is higher by 2 units or 7%. The total number of active inventory this March was 30 compared to 28 in March 2024. This month's total of 30 is lower than the previous month's total supply of available inventory of 31, a decrease of 3%.

Last March, the median sale price for Lorton, Mason Neck, and Fort Belvoir Homes was $757,500. This March, the median sale price was $625,000, a decrease of 17% or $132,500 compared to last year. The current median sold price is 8% lower than in February.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In March, there was 1.5 months of supply available in Lorton, Mason Neck, and Fort Belvoir, compared to 1.2 in March 2024. That is an increase of 29% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 32 homes newly listed for sale in Lorton, Mason Neck, and Fort Belvoir, which is similar to the amount in March 2024. There were 29 current contracts pending sale this March compared to 35 a year ago. The number of current contracts is 17% lower than last March.

In March, the average sale price in Lorton, Mason Neck, and Fort Belvoir was 101.1% of the average list price, which is 1.7% lower than at this time last year.

This month, the average number of days on market was 18, higher than the average last year, which was 12. This increase was impacted by the limited number of sales.





FOCUS ON: LORTON, MASON NECK, AND FORT BELVOIR HOUSING MARKET			MARCH 2025

Zip Code(s): 22079 and 22060
Units Sold 20	Active Inventory 30	Median Sale Price $625,000	Days On Market 18

Down -17% Vs. Year Ago	Up 7% Vs. Year Ago	Down -17% Vs. Year Ago	Up Vs. Year Ago


		Units Sold There was an increase in total units sold in March, with 20 sold this month in Lorton, Mason Neck, and Fort Belvoir Real Estate versus 18 last month, an increase of 11%. This month's total units sold was lower than at this time last year, a decrease of 17% versus March 2024.
Active Inventory Versus last year, the total number of homes available this month is higher by 2 units or 7%. The total number of active inventory this March was 30 compared to 28 in March 2024. This month's total of 30 is lower than the previous month's total supply of available inventory of 31, a decrease of 3%.
		Median Sale Price Last March, the median sale price for Lorton, Mason Neck, and Fort Belvoir Homes was $757,500. This March, the median sale price was $625,000, a decrease of 17% or $132,500 compared to last year. The current median sold price is 8% lower than in February. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 32	Current Contracts 29	Sold Vs. List Price 101.1%	Months of Supply 1.5

No Change Vs. Year Ago	Down -17% Vs. Year Ago	Down -1.6% Vs. Year Ago	Up 28% Vs. Year Ago


		Months of Supply In March, there was 1.5 months of supply available in Lorton, Mason Neck, and Fort Belvoir, compared to 1.2 in March 2024. That is an increase of 29% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 32 homes newly listed for sale in Lorton, Mason Neck, and Fort Belvoir, which is similar to the amount in March 2024. There were 29 current contracts pending sale this March compared to 35 a year ago. The number of current contracts is 17% lower than last March.
		Sale Price to List Price Ratio In March, the average sale price in Lorton, Mason Neck, and Fort Belvoir was 101.1% of the average list price, which is 1.7% lower than at this time last year. Days on Market This month, the average number of days on market was 18, higher than the average last year, which was 12. This increase was impacted by the limited number of sales.


	Lorton, Mason Neck, and Fort Belvoir are defined as properties listed in zip code/s 22079 and 22060.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.