Market Absorption Virginia
Local Market Update May 2011 Source: MRIS, Inc.; Northern Virginia is comprised of the Counties of Arlington and Fairfax; ...
Local Market Update May 2011 Absorption Rate = the number of active listings/by the number of homes marked “under contract...
No VA Stats Avg. SP-  +5.4% Units Sold-  -20.69% DOM-  +43.59 %  to 56 days Source: MRIS, Inc.  June 16, 2011
Local Market Update May 2011 Source: MRIS, Inc. June 16 , 2011 PW & Loudoun Available UC Abs Rate < $100,000 19 13 1.46 $1...
Local Market Update May 2011 Absorption Rate = the number of active listings/by the number of homes marked “under contract...
Local Market Update SELLERS MARKET No. VA Current May 2010 Var Available 4,997 5,085 -2% UC Last 30 Days 1,691 1,684 +.4% ...
Local Market Update SELLERS MARKET Fairfax Co. Current May 2010 Var Available 3,523 3,549 -.7% UC Last 30 Days 1,260 1,231...
Fairfax Co. Stats Avg. SP-  +7.2% Units Sold-  -18.44% DOM-  +34.21%  to 51days Source: MRIS, Inc. June 16 , 2011
Local Market Update SELLERS MARKET Alexandria City Current May 2010 Var Available 617 626 -1.4% UC Last 30 Days 169 183 -7...
Local Market Update SELLERS MARKET Arlington Co. Current May 2010 Var Available 712 791 -9.9% UC Last 30 Days 216 228 -5.2...
Local Market Update SELLERS MARKET Fairfax Current May 2010 Var Available 380 455 -17% UC Last 30 Days 148 169 -12% Sold L...
Local Market Update SELLERS MARKET Fairfax Station Current May 2010 Var Available 85 70 +21% UC Last 30 Days 18 16 +13% So...
Local Market Update SELLERS MARKET Clifton Current May 2010 Var Available 88 72 +22% UC Last 30 Days 24 12 +100% Sold Last...
Local Market Update SELLERS MARKET Herndon Current May 2010 Var Available 175 171 +2.3% UC Last 30 Days 76 79 -4% Sold Las...
Local Market Update Sterling Current May 2010 Var Available 196 231 -15% UC Last 30 Days 111 91 +22% Sold Last 30 Days 120...
Local Market Update SELLERS MARKET Vienna/ Oakton Current May 2010 Var Available 318 334 -4.7% UC Last 30 Days 107 136 -21...
Local Market Update Ashburn Current May 2010 Var Available 355 317 +12% UC Last 30 Days 115 101 +14% Sold Last 30 Days 96 ...
Local Market Update Reston Current May 2010 Var Available 179 258 -31% UC Last 30 Days 84 102 -18% Sold Last 30 Days 91 11...
Local Market Update Centreville Current May 2010 Var Available 159 160 -.6% UC Last 30 Days 107 70 +53% Sold Last 30 Days ...
Local Market Update DC Current May 2010 Var Available 2,439 2,695 -9% UC Last 30 Days 532 545 -2.3% Sold Last 30 Days 629 ...
Local Market Update Prince William Current May 2010 Var Available 1,499 1,402 +7% UC Last 30 Days 594 560 +6% Sold Last 30...
Local Market Update Loudoun Co. Current May 2010 Var Available 1,691 1,625 +4% UC Last 30 Days 455 392 +16% Sold Last 30 D...
Local Market Update **Includes Faquier, Culpeper, Orange, Madison and Rappahannock Counties GPAAR Current May 2010 Var Ava...
Local Market Update **Includes Clarke, Frederick, Warren Counties & Winchester City BRAR Current May 2010 Var Available 1,...
Local Market Update **Includes Fredericksburg City, Stafford, Spotsylvania, King George and Caroline Counties FAAR Current...
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May Absorption for Northern Virginia Areas

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  • Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates. For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD. For example, you might discuss the market conditions of different communities or price ranges each week.
  • Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates. For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD. For example, you might discuss the market conditions of different communities or price ranges each week.
  • Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates. For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD. For example, you might discuss the market conditions of different communities or price ranges each week.
  • Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates. For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD. For example, you might discuss the market conditions of different communities or price ranges each week.
  • Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates. For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD. For example, you might discuss the market conditions of different communities or price ranges each week.
  • Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates. For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD. For example, you might discuss the market conditions of different communities or price ranges each week.
  • Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates. For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD. For example, you might discuss the market conditions of different communities or price ranges each week.
  • Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates. For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD. For example, you might discuss the market conditions of different communities or price ranges each week.
  • Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates. For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD. For example, you might discuss the market conditions of different communities or price ranges each week.
  • Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates. For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD. For example, you might discuss the market conditions of different communities or price ranges each week.
  • Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates. For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD. For example, you might discuss the market conditions of different communities or price ranges each week.
  • Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates. For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD. For example, you might discuss the market conditions of different communities or price ranges each week.
  • Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates. For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD. For example, you might discuss the market conditions of different communities or price ranges each week.
  • Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates. For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD. For example, you might discuss the market conditions of different communities or price ranges each week.
  • Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates. For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD. For example, you might discuss the market conditions of different communities or price ranges each week.
  • Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates. For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD. For example, you might discuss the market conditions of different communities or price ranges each week.
  • Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates. For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD. For example, you might discuss the market conditions of different communities or price ranges each week.
  • Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates. For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD. For example, you might discuss the market conditions of different communities or price ranges each week.
  • Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates. For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD. For example, you might discuss the market conditions of different communities or price ranges each week.
  • Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates. For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD. For example, you might discuss the market conditions of different communities or price ranges each week.
  • Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates. For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD. For example, you might discuss the market conditions of different communities or price ranges each week.
  • Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates. For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD. For example, you might discuss the market conditions of different communities or price ranges each week.
  • Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates. For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD. For example, you might discuss the market conditions of different communities or price ranges each week.
  • May Absorption for Northern Virginia Areas

    1. 1. Market Absorption Virginia
    2. 2. Local Market Update May 2011 Source: MRIS, Inc.; Northern Virginia is comprised of the Counties of Arlington and Fairfax; and the Cities of Alexandria, Fairfax & Falls Church . June 16, 2011 Northern Virginia Available UC Abs Rate < $100,000 38 14 2.71 $100,000–$199,999 211 164 1.28 $200,000-$299,999 564 261 2.16 $300,000-$399,999 789 313 2.52 $400,000-$499,999 693 272 2.54 $500,000-$599,999 662 212 3.12 $600,000-$699,999 434 137 3.16
    3. 3. Local Market Update May 2011 Absorption Rate = the number of active listings/by the number of homes marked “under contract” in the past 30 days. The absorption rate is the number of months it would take to deplete the inventory. June 16, 2011 Northern Virginia Available UC Abs Rate $700,000-$799,999 362 138 2.62 $800,000-$899,999 255 67 3.80 $900,000-$999,999 167 27 6.18 $1M -$1.49M 413 62 6.66 $1.5M -2.49 253 17 14.88 $2.5 million + 138 4 34.50 Overall 4,979 1,688 2.94
    4. 4. No VA Stats Avg. SP- +5.4% Units Sold- -20.69% DOM- +43.59 % to 56 days Source: MRIS, Inc. June 16, 2011
    5. 5. Local Market Update May 2011 Source: MRIS, Inc. June 16 , 2011 PW & Loudoun Available UC Abs Rate < $100,000 19 13 1.46 $100,000–$199,999 211 222 .95 $200,000-$299,999 532 266 2.00 $300,000-$399,999 629 211 2.98 $400,000-$499,999 539 149 3.61 $500,000-$599,999 474 74 6.40 $600,000-$699,999 269 55 4.89
    6. 6. Local Market Update May 2011 Absorption Rate = the number of active listings/by the number of homes marked “under contract” in the past 30 days. The absorption rate is the number of months it would take to deplete the inventory. June 16 , 2011 PW & Loudoun Available UC Abs Rate $700,000-$799,999 145 26 5.57 $800,000-$899,999 119 14 8.50 $900,000-$999,999 54 13 4.15 $1M -$1.49M 111 5 22.20 $1.5M -2.49 58 1 58.00 $2.5 million + 30 0 0 Overall 3,190 1,049 3.04
    7. 7. Local Market Update SELLERS MARKET No. VA Current May 2010 Var Available 4,997 5,085 -2% UC Last 30 Days 1,691 1,684 +.4% Sold Last 30 Days 1,700 2,048 -17% Absorption Rate 2.95 3.02 As of June 16, 2011
    8. 8. Local Market Update SELLERS MARKET Fairfax Co. Current May 2010 Var Available 3,523 3,549 -.7% UC Last 30 Days 1,260 1,231 +2.3% Sold Last 30 Days 1,226 1,486 -17% Absorption Rate 2.79 2.88 As of June 16, 2011
    9. 9. Fairfax Co. Stats Avg. SP- +7.2% Units Sold- -18.44% DOM- +34.21% to 51days Source: MRIS, Inc. June 16 , 2011
    10. 10. Local Market Update SELLERS MARKET Alexandria City Current May 2010 Var Available 617 626 -1.4% UC Last 30 Days 169 183 -7.6% Sold Last 30 Days 204 222 -8.1% Absorption Rate 3.65 3.42 As of June 16, 2011
    11. 11. Local Market Update SELLERS MARKET Arlington Co. Current May 2010 Var Available 712 791 -9.9% UC Last 30 Days 216 228 -5.2% Sold Last 30 Days 221 294 -25% Absorption Rate 3.29 3.46 As of June 16, 2011
    12. 12. Local Market Update SELLERS MARKET Fairfax Current May 2010 Var Available 380 455 -17% UC Last 30 Days 148 169 -12% Sold Last 30 Days 149 209 -29% Absorption Rate 2.56 2.69 As of June 16, 2011
    13. 13. Local Market Update SELLERS MARKET Fairfax Station Current May 2010 Var Available 85 70 +21% UC Last 30 Days 18 16 +13% Sold Last 30 Days 12 12 0% Absorption Rate 4.72 4.38 As of June 16, 2011
    14. 14. Local Market Update SELLERS MARKET Clifton Current May 2010 Var Available 88 72 +22% UC Last 30 Days 24 12 +100% Sold Last 30 Days 15 14 +7% Absorption Rate 3.66 6.00 As of June 16, 2011
    15. 15. Local Market Update SELLERS MARKET Herndon Current May 2010 Var Available 175 171 +2.3% UC Last 30 Days 76 79 -4% Sold Last 30 Days 75 105 -29% Absorption Rate 2.30 2.16 As of June 16, 2011
    16. 16. Local Market Update Sterling Current May 2010 Var Available 196 231 -15% UC Last 30 Days 111 91 +22% Sold Last 30 Days 120 140 -14% Absorption Rate 1.76 2.54 As of June 16, 2011 SELLERS MARKET
    17. 17. Local Market Update SELLERS MARKET Vienna/ Oakton Current May 2010 Var Available 318 334 -4.7% UC Last 30 Days 107 136 -21% Sold Last 30 Days 111 147 -24% Absorption Rate 2.97 2.45 As of June 16, 2011
    18. 18. Local Market Update Ashburn Current May 2010 Var Available 355 317 +12% UC Last 30 Days 115 101 +14% Sold Last 30 Days 96 142 -32% Absorption Rate 3.08 3.13 As of June 16, 2011 SELLERS MARKET
    19. 19. Local Market Update Reston Current May 2010 Var Available 179 258 -31% UC Last 30 Days 84 102 -18% Sold Last 30 Days 91 118 -23% Absorption Rate 2.13 2.52 As of June 16, 2011 SELLERS MARKET
    20. 20. Local Market Update Centreville Current May 2010 Var Available 159 160 -.6% UC Last 30 Days 107 70 +53% Sold Last 30 Days 93 130 -28% Absorption Rate 1.48 2.28 As of June 16, 2011 SELLERS MARKET
    21. 21. Local Market Update DC Current May 2010 Var Available 2,439 2,695 -9% UC Last 30 Days 532 545 -2.3% Sold Last 30 Days 629 711 -12% Absorption Rate 4.58 4.94 As of June 16, 2011 SELLERS MARKET
    22. 22. Local Market Update Prince William Current May 2010 Var Available 1,499 1,402 +7% UC Last 30 Days 594 560 +6% Sold Last 30 Days 527 698 -24% Absorption Rate 2.52 2.50 As of June 16, 2011 SELLERS MARKET
    23. 23. Local Market Update Loudoun Co. Current May 2010 Var Available 1,691 1,625 +4% UC Last 30 Days 455 392 +16% Sold Last 30 Days 416 530 -21% Absorption Rate 3.71 4.14 As of June 16, 2011 SELLERS MARKET
    24. 24. Local Market Update **Includes Faquier, Culpeper, Orange, Madison and Rappahannock Counties GPAAR Current May 2010 Var Available 1,510 1,411 +7% UC Last 30 Days 176 151 +16% Sold Last 30 Days 150 165 -9% Absorption Rate 8.57 8.55 As of June 16, 2011
    25. 25. Local Market Update **Includes Clarke, Frederick, Warren Counties & Winchester City BRAR Current May 2010 Var Available 1,212 1,332 -9% UC Last 30 Days 163 160 +2% Sold Last 30 Days 182 200 -9% Absorption Rate 7.43 8.32 As of June 16, 2011
    26. 26. Local Market Update **Includes Fredericksburg City, Stafford, Spotsylvania, King George and Caroline Counties FAAR Current May 2010 Var Available 1,798 1,968 -9% UC Last 30 Days 430 352 +22% Sold Last 30 Days 378 387 -2.3% Absorption Rate 4.18 5.59 As of June 16, 2011 SELLERS MARKET
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