market statistics and listing data for the Northern Virginia and Washington DC marketplaces, compares current inventories to year over year comparisons
5. Local Market Update
April 2017
Northern Virginia Available UC Abs Rate
< $100,000 9 5 1.80
$100,000–$199,999 160 107 1.50
$200,000-$299,999 371 273 1.36
$300,000-$399,999 386 361 1.07
$400,000-$499,999 437 393 1.11
$500,000-$599,999 451 370 1.22
$600,000-$699,999 413 320 1.29
Source: Bright MLS; Northern Virginia is comprised of the Counties of Arlington and Fairfax; and the Cities of
Alexandria, Fairfax & Falls Church. May 11, 2017
6. Local Market Update
April 2017
Northern Virginia Available UC Abs Rate
$700,000-$799,999 373 216 1.73
$800,000-$899,999 355 140 2.54
$900,000-$999,999 247 83 2.98
$1M -$1.49M 622 171 3.64
$1.5M -2.49 393 53 7.42
$2.5 million + 173 3 57.67
Overall 4,390 2,495 1.76
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 May 11, 2017
7. No VA Stats- April
Avg. SP- +3.75%
Units Sold- +1.17%
DOM- -25% to 36 days
Source: Bright MLS May 11, 2017 Year over year
8. Local Market Update
April 2017
Prince William Available UC Abs Rate
< $100,000 2 1 2.00
$100,000–$199,999 38 46 .83
$200,000-$299,999 156 231 .68
$300,000-$399,999 248 250 .99
$400,000-$499,999 259 185 1.40
$500,000-$599,999 255 109 2.34
$600,000-$699,999 119 31 3.84
Source: Bright MLS May 11, 2017
9. Local Market Update
April 2017
Prince William Available UC Abs Rate
$700,000-$799,999 58 13 4.46
$800,000-$899,999 24 4 6.00
$900,000-$999,999 21 1 21.00
$1M -$1.49M 32 0 0.00
$1.5M -2.49 7 1 7.00
$2.5 million + 3 0 0.00
Overall 1,222 872 1.40
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. May 11, 2017
11. Local Market Update
April 2017
Loudoun Available UC Abs Rate
$700,000-$799,999 185 61 3.03
$800,000-$899,999 124 27 4.59
$900,000-$999,999 52 8 6.50
$1M -$1.49M 133 12 11.80
$1.5M -2.49 55 7 7.86
$2.5 million + 31 1 31.00
Overall 1,403 721 1.95
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. May 11, 2017
12. Local Market Update
No. VA Current April 2016 Var
Available 4,110 5,128 -20%
UC Last 30 Days 2,577 2,673 -4%
Sold Last 30 Days 1,996 1,973 +1%
Absorption Rate 1.59 1.92
As of May 11, 2017
13. Local Market Update
Fairfax Co. Current April 2016 Var
Available 3,006 3,881 -23%
UC Last 30 Days 1,864 1,992 -6%
Sold Last 30 Days 1,451 1,448 +0%
Absorption Rate 1.61 1.95
As of May 11, 2017
14. Fairfax Co. Stats- April
Avg. SP- +2.65%
Units Sold- +.21%
DOM- -26% to 37 days
Source: Bright MLS May 11, 2017 Year over year
15. Local Market Update
Alexandria City Current April 2016 Var
Available 465 508 -8%
UC Last 30 Days 288 288 +0%
Sold Last 30 Days 247 226 +9%
Absorption Rate 1.61 1.76
As of May 11, 2017
16. Local Market Update
Arlington Co. Current April 2016 Var
Available 538 650 -17%
UC Last 30 Days 351 327 +7%
Sold Last 30 Days 34 43 -21%
Absorption Rate 1.53 1.99
As of May 11, 2017
17. Local Market Update
Annandale Current April 2016 Var
Available 112 125 -10%
UC Last 30 Days 77 83 -7%
Sold Last 30 Days 65 57 +14%
Absorption Rate 1.45 1.51
As of May 11, 2017
SELLERS
MARKET
18. Local Market Update
Ashburn Current April 2016 Var
Available 298 398 -25%
UC Last 30 Days 214 236 -9%
Sold Last 30 Days 192 160 +20%
Absorption Rate 1.39 1.69
As of May 11, 2017
SELLERS
MARKET
19. Local Market Update
Bristow Current April 2016 Var
Available 78 91 -14%
UC Last 30 Days 92 75 -23%
Sold Last 30 Days 56 60 -7%
Absorption Rate .85 1.21
As of May 11, 2017
SELLERS
MARKET
20. Local Market Update
Burke Current April 2016 Var
Available 61 86 -29%
UC Last 30 Days 87 90 -3%
Sold Last 30 Days 65 43 +51%
Absorption Rate .70 .96
As of May 11, 2017
SELLERS
MARKET
21. Local Market Update
Centreville Current April 2016 Var
Available 135 192 -30%
UC Last 30 Days 148 157 -6%
Sold Last 30 Days 128 120 +7%
Absorption Rate .91 1.22
As of May 11, 2017
SELLERS
MARKET
22. Local Market Update
Chantilly Current April 2016 Var
Available 108 195 -45%
UC Last 30 Days 96 101 -5%
Sold Last 30 Days 97 81 +20%
Absorption Rate 1.13 1.93
As of May 11, 2017
SELLERS
MARKET
23. Local Market Update
Clifton Current April 2016 Var
Available 80 91 -12%
UC Last 30 Days 25 28 -11%
Sold Last 30 Days 24 23 +4%
Absorption Rate 3.20 3.25
As of May 11, 2017
24. Local Market Update
Fairfax Current April 2016 Var
Available 362 423 -14%
UC Last 30 Days 270 302 -11%
Sold Last 30 Days 207 194 +7%
Absorption Rate 1.34 1.40
As of May 11, 2017
SELLERS
MARKET
25. Local Market Update
Fairfax Station Current April 2016 Var
Available 75 74 +1%
UC Last 30 Days 32 27 +19%
Sold Last 30 Days 24 27 -11%
Absorption Rate 2.34 2.74
As of May 11, 2017
26. Local Market Update
Gainesville Current April 2016 Var
Available 151 179 -16%
UC Last 30 Days 89 85 +5%
Sold Last 30 Days 73 76 -4%
Absorption Rate 1.70 2.11
As of May 11, 2017
27. Local Market Update
Great Falls Current April 2016 Var
Available 155 225 -31%
UC Last 30 Days 29 38 -24%
Sold Last 30 Days 20 29 -31%
Absorption Rate 5.34 5.92
As of May 11, 2017
28. Local Market Update
Haymarket Current April 2016 Var
Available 151 206 -27%
UC Last 30 Days 66 83 -20%
Sold Last 30 Days 52 42 +24%
Absorption Rate 2.29 2.48
As of May 11, 2017
29. Local Market Update
Herndon Current April 2016 Var
Available 209 230 -9%
UC Last 30 Days 138 138 0%
Sold Last 30 Days 99 103 -4%
Absorption Rate 1.51 1.67
As of May 11, 2017
30. Local Market Update
Leesburg Current April 2016 Var
Available 326 441 -26%
UC Last 30 Days 184 200 -8%
Sold Last 30 Days 141 131 +8%
Absorption Rate 1.77 2.21
As of May 11, 2017
SELLERS
MARKET
31. Local Market Update
Manassas Current April 2016 Var
Available 300 419 -28%
UC Last 30 Days 284 293 -3%
Sold Last 30 Days 210 182 +15%
Absorption Rate 1.06 1.43
As of May 11, 2017
SELLERS
MARKET
32. Local Market Update
McLean Current April 2016 Var
Available 352 426 -17%
UC Last 30 Days 90 104 -13%
Sold Last 30 Days 79 73 +8%
Absorption Rate 3.91 4.10
As of May 11, 2017
33. Local Market Update
Oakton Current April 2016 Var
Available 94 120 -22%
UC Last 30 Days 38 36 +6%
Sold Last 30 Days 19 27 -30%
Absorption Rate 2.47 3.33
As of May 11, 2017
SELLERS
MARKET
34. Local Market Update
Reston Current April 2016 Var
Available 235 316 -26%
UC Last 30 Days 137 153 -10%
Sold Last 30 Days 113 146 -23%
Absorption Rate 1.72 2.07
As of May 11, 2017
SELLERS
MARKET
35. Local Market Update
Springfield Current April 2016 Var
Available 164 199 -18%
UC Last 30 Days 163 197 -17%
Sold Last 30 Days 129 126 +2%
Absorption Rate 1.01 1.01
As of May 11, 2017
SELLERS
MARKET
36. Local Market Update
Sterling Current April 2016 Var
Available 122 192 -36%
UC Last 30 Days 141 167 -16%
Sold Last 30 Days 134 114 +18%
Absorption Rate .87 1.15
As of May 11, 2017
SELLERS
MARKET
37. Local Market Update
Vienna Current April 2016 Var
Available 202 320 -37%
UC Last 30 Days 122 108 -13%
Sold Last 30 Days 93 80 +16%
Absorption Rate 1.66 2.96
As of May 11, 2017
SELLERS
MARKET
39. Local Market Update
Woodbridge Current April 2016 Var
Available 387 568 -32%
UC Last 30 Days 392 389 +1%
Sold Last 30 Days 293 250 +17%
Absorption Rate .99 1.46
As of May 11, 2017
SELLERS
MARKET
40. Local Market Update
DC Current April 2016 Var
Available 1,327 1,307 +2%
UC Last 30 Days 930 1,017 -9%
Sold Last 30 Days 690 771 -11%
Absorption Rate 1.43 1.29
As of May 11, 2017
SELLERS
MARKET
41. Local Market Update
Loudoun Co. Current April 2016 Var
Available 1,373 1,789 -23%
UC Last 30 Days 743 822 -10%
Sold Last 30 Days 644 563 +14%
Absorption Rate 1.85 2.18
As of May 11, 2017
SELLERS
MARKET
42. Local Market Update
Prince William Current April 2016 Var
Available 1,163 1,496 -22%
UC Last 30 Days 914 925 -1%
Sold Last 30 Days 673 622 +8%
Absorption Rate 1.28 1.62
As of May 11, 2017
SELLERS
MARKET