Springfield, VA 22151 – October 2011 Real Estate Market Update

Your Springfield Real Estate agent, Abraham Walker, has prepared your local real estate market report for homes sold in the 22151 zip code. At Ask A Walker, we believe that more information about the local market leads to better decisions. If you’re planning on selling your home or buying in today’s market, we’ve included the property address, list price, and days on market for previous transactions.

October 2011 Market Recap:

$458,580 – Average List Price

$453,600 – Average Sales Price

42.4 – Average Days on Market

5 – Total

22151 Springfield October 2011 Market Report

Address
OLP
LP
BR
BA
SP
LP/SP
DOMP
7104 Granberry Way
$890,000
$849,000
4
4.1
$855,000
100.71%
16
8926 Victoria Rd
$459,000
$459,000
5
3
$450,000
98.04%
31
7652 Long Pine Dr
$400,000
$365,000
4
2
$360,000
98.63%
126
7915 Hatteras Ln
$305,000
$305,000
3
2
$305,000
100.%
0
6747 Bostwick Dr
$329,900
$314,900
3
1
$298,000
94.63%
39

Do you have a property in Springfield you would like to sell? We can help sell your Springfield 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
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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SPRINGFIELD HOMES FOR SALE

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[su_column size=”1/3″]Under $300K[/su_column]
[su_column size=”1/3″]Under $500K[/su_column]
[su_column size=”1/3″]Under $700K[/su_column]
[/su_row]
[su_row]
[su_column size=”1/3″]Under $1M[/su_column]
[su_column size=”1/3″]Over $1M[/su_column]
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Table Key
Title Name Description
Legal Subdivision Legal Subdivision This is the legal description of the property. Sometimes this name matches the condo development.
Address Street Address This is the street address of the property.  Condo unit, Apt numbers and Suite numbers will show up before or after the address.
OLP Original List Price This is the starting list price of the property before price reductions.
LP List Price This is the last list price before the property was sold.  This price is used in the List Price to Sales Price ratio.
BR Bedrooms Number 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.
BA Bedrooms Number 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.
BA Bathrooms Number 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.
SP Sale Price This 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 / SP List Price to Sales Price Ratio This 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.
DOMP Days On Market Property Total number of days the property has been on the market regardless of status until the home closes.

Fun Facts about the Springfield Zip Code 22151 from CityData:

Estimated zip code population in 2015: 17,484
Zip code population in 2010: 17,456
Zip code population in 2000: 16,587

22193 has several legal subdivisions. Here is a short list of a few of the Springfield subdivisions:

Antietam Square Condo, Antietam Square I / Ii, Antietam Wood, Antietam Woods Condo, Beacon Hill, Beaver Creek, Brooke Farm, Cannon Bluff, Cannon Bluff Estates, Cannon Bluff/Bacon Race, Carolyn Forest, Clarke Property, County Center Condominiu, Coventry Glen, Crest Ridge Estates, Devils Reach Condo, Elm Farm Estates, Elm Farm/Puffenbarger, Elysian Woods, Firwood Manor, Forest Vista, Georges Estates, Glen Oaks, Glen Oaks Condo, Hampton House, Hamptons Grove, Hamptons Run, Hickory Falls, Hornbaker, Hrnbkr/Poplar/Rvrvw Ests, Lake Occoquan Club, Lake Ridge, Lake Ridge Crossing, Lake Ridge Parcel C14, Lake Ridge Parcelb1, Lake Ridge Part 1, Lake Ridge Part 2, Lake Ridge Pointe, Lake Ridge Pointe Condo, Lake Ridge Resub, Lake Ridge/Promontry Oak, Lakeview, Lakewood Forest, Landings Point Condo, Laurel Hills, Longwood Estates, Longwood Estates Additio, Longwood Estates/Orman, Madison Farm, Malvern Chase, Mays Quarter, Mooney Shanklin, Moorings Of Occoquan, Moorings Of Occoquan Con, Mount High, Nokesville, Oak Grove Estates, Occoquan Oaks, Occoquan Overlook, Occoquan Ridge, Occoquan Ridge Condo, Old Bridge Acres, Old Bridge Estates, Omisol Estates, Orman Acres, Park Center, Park Center/Brooke Farm, Pinewood Forest, Potomac Crest, Potomac Crest Condo, Prince William County Ce, Prince William Tc/Land B, Prince William Town Cent, Prince William Town Ctr, Promontory Oaks Lake Rid, Prospect Cove At Lakesid, Puffenbarger Estates, Quaker Homes Fowke Lane, Reids Prospect, Ridgeleigh, River Falls, River Ridge, River Terrace Condo, Riverview Overlook, Riverview Terrace, Rockledge Clusters Condo, Rolling Brook, Rolling Brook Group1, Rolling Brook Group2, Rollingwood, Rollingwood Village, Rollingwood/Rllngwd Vlg, Second Antietam Square C, Sherbrooke, Sherbrooke Condos, Somerset At Westridge, Somerset At Westridge Co, Tacketts Mill, The Cloisters, The Glen, Twin Oaks, Twin Oaks Farm, Vantage Point South, Vinings, Vinings Condo, W & E S Garber Plat, Westridge, Westridge/Reids Prospect, Windsor, Woodmark, Woodmark Of Lake Ridge, Woodmont, Woodmont/Rollingwood Vlg.



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 Springfield or Buy a Home in Springfield, 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 Springfield 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 [email protected] 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: Kingstowne, 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.