listings, sales and market data for the Northern Virginia and Washington DC real estate markets for August 2016

2. 10 Vital Statistics You Must Know
Fairfax Co. Stats YTD
•Total listings- 3,431
•Avg LP- $556,450
•Avg SP- $547,598
•LP/ SP- 97.4%
•DOM- 51
•Sales YTD- 11,096 (+5.88%)
•Appreciation/ Depreciation- 0%
•Months of Supply- 2.48
•Interest Rate- 3.64%
Source: MRIS, Inc. September 16, 2016

3. 10 Vital Statistics You Must Know
Prince William Co. Stats YTD
•Total listings- 1,487
•Avg LP- $366,362
•Avg SP- $362,373
•LP/ SP- 97.7%
•DOM- 51
•Sales YTD- 5,118 (+6.45%)
•Appreciation/ Depreciation- +1.98%
•Months of Supply- 2.09
•Interest Rate- 3.64%
Source: MRIS, Inc. September 16, 2016

4. 10 Vital Statistics You Must Know
Loudoun Co. Stats YTD
•Total listings- 1,868
•Avg LP- $488,844
•Avg SP- $481,989
•LP/ SP- 97.7%
•DOM- 51
•Sales YTD- 4,733 (+5.84%)
•Appreciation/ Depreciation- 0%
•Months of Supply- 2.74
•Interest Rate- 3.64%
Source: MRIS, Inc. September 16, 2016

5. Local Market Update
August 2016
Northern Virginia Available UC Abs Rate
< $100,000 12 3 4.00
$100,000–$199,999 224 119 1.88
$200,000-$299,999 488 242 2.02
$300,000-$399,999 586 333 1.76
$400,000-$499,999 589 323 1.82
$500,000-$599,999 510 274 1.86
$600,000-$699,999 464 188 2.47
Source: MRIS, Inc.; Northern Virginia is comprised of the Counties of Arlington and Fairfax; and the Cities of
Alexandria, Fairfax & Falls Church. September 16, 2016

6. Local Market Update
August 2016
Northern Virginia Available UC Abs Rate
$700,000-$799,999 340 100 3.40
$800,000-$899,999 294 84 3.50
$900,000-$999,999 211 44 4.80
$1M -$1.49M 593 94 6.31
$1.5M -2.49 351 29 12.10
$2.5 million + 151 3 50.33
Overall 4,913 1,836 2.68
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 September 16, 2016

7. No VA Stats- August
Avg. SP- 0%
Units Sold- +11.26%
DOM- +2.13% to 48 days
Source: MRIS, Inc. September 16, 2016 Year over year

8. Local Market Update
August 2016
Prince William Available UC Abs Rate
< $100,000 0 2 0.00
$100,000–$199,999 48 46 1.04
$200,000-$299,999 287 221 1.30
$300,000-$399,999 352 184 1.91
$400,000-$499,999 284 150 1.89
$500,000-$599,999 225 55 4.09
$600,000-$699,999 119 21 5.67
Source: MRIS, Inc. September 16, 2016

9. Local Market Update
August 2016
Prince William Available UC Abs Rate
$700,000-$799,999 53 4 13.25
$800,000-$899,999 32 2 16.00
$900,000-$999,999 17 3 5.67
$1M -$1.49M 27 2 13.50
$1.5M -2.49 5 0 0.00
$2.5 million + 2 0 0.00
Overall 1,451 690 2.10
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. September 16, 2016

10. Local Market Update
August 2016
Loudoun Available UC Abs Rate
< $100,000 6 0 0.00
$100,000–$199,999 35 19 1.84
$200,000-$299,999 100 77 1.30
$300,000-$399,999 200 149 1.34
$400,000-$499,999 258 137 1.88
$500,000-$599,999 229 89 2.57
$600,000-$699,999 322 58 5.55
Source: MRIS, Inc. September 16, 2016

11. Local Market Update
August 2016
Loudoun Available UC Abs Rate
$700,000-$799,999 190 39 4.87
$800,000-$899,999 119 8 9.15
$900,000-$999,999 69 8 8.63
$1M -$1.49M 85 11 7.73
$1.5M -2.49 51 1 51.00
$2.5 million + 30 1 30.00
Overall 1,694 602 2.81
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. September 16, 2016

12. Local Market Update
No. VA Current Aug 2015 Var
Available 4,564 5,704 -20%
UC Last 30 Days 1,888 1,799 +5%
Sold Last 30 Days 2,104 1,891 +11%
Absorption Rate 2.42 3.17
As of September 16, 2016
SELLERS
MARKET

13. Local Market Update
Fairfax Co. Current Aug 2015 Var
Available 3,431 4,391 -22%
UC Last 30 Days 1,386 1,274 +9%
Sold Last 30 Days 1,561 1,353 +15%
Absorption Rate 2.48 3.45
As of September 16, 2016
SELLERS
MARKET

14. Fairfax Co. Stats- August
Avg. SP- +1%
Units Sold- +15.37%
DOM- +4.26% to 49 days
Source: MRIS, Inc September 16, 2016 Year over year

15. Local Market Update
Alexandria City Current Aug 2015 Var
Available 427 536 -20%
UC Last 30 Days 201 217 -7%
Sold Last 30 Days 215 234 -8%
Absorption Rate 2.12 2.47
As of September 16, 2016

16. Local Market Update
Arlington Co. Current Aug 2015 Var
Available 600 644 -7%
UC Last 30 Days 241 260 -7%
Sold Last 30 Days 273 256 +7%
Absorption Rate 2.49 2.48
As of September 16, 2016

17. Local Market Update
Annandale Current Aug 2015 Var
Available 114 159 -28%
UC Last 30 Days 58 55 +5%
Sold Last 30 Days 71 50 +42%
Absorption Rate 1.97 2.87
As of September 16, 2016
SELLERS
MARKET

18. Local Market Update
Ashburn Current Aug 2015 Var
Available 248 509 -32%
UC Last 30 Days 179 184 -3%
Sold Last 30 Days 197 177 +11%
Absorption Rate 1.94 2.77
As of September 16, 2016
SELLERS
MARKET

19. Local Market Update
Bristow Current Aug 2015 Var
Available 94 127 -26%
UC Last 30 Days 61 59 +3%
Sold Last 30 Days 65 71 -8%
Absorption Rate 1.54 2.15
As of September 16, 2016
SELLERS
MARKET

20. Local Market Update
Burke Current Aug 2015 Var
Available 69 129 -47%
UC Last 30 Days 63 52 +21%
Sold Last 30 Days 58 62 -6%
Absorption Rate 1.10 2.48
As of September 16, 2016
SELLERS
MARKET

21. Local Market Update
Centreville Current Aug 2015 Var
Available 181 284 -36%
UC Last 30 Days 104 89 +17%
Sold Last 30 Days 101 89 +13%
Absorption Rate 1.74 3.19
As of September 16, 2016
SELLERS
MARKET

22. Local Market Update
Chantilly Current Aug 2015 Var
Available 160 191 -16%
UC Last 30 Days 80 80 0%
Sold Last 30 Days 88 78 +13%
Absorption Rate 2.00 2.39
As of September 16, 2016
SELLERS
MARKET

23. Local Market Update
Clifton Current Aug 2015 Var
Available 83 98 -15%
UC Last 30 Days 16 17 -6%
Sold Last 30 Days 26 20 +30%
Absorption Rate 5.19 5.76
As of September 16, 2016

24. Local Market Update
Fairfax Current Aug 2015 Var
Available 372 539 -30%
UC Last 30 Days 205 171 -20%
Sold Last 30 Days 221 194 +14%
Absorption Rate 1.81 3.15
As of September 16, 2016
SELLERS
MARKET

25. Local Market Update
Fairfax Station Current Aug 2015 Var
Available 71 79 -10%
UC Last 30 Days 22 14 +57%
Sold Last 30 Days 17 15 +13%
Absorption Rate 3.23 5.64
As of September 16, 2016

26. Local Market Update
Gainesville Current Aug 2015 Var
Available 175 189 -7%
UC Last 30 Days 76 68 +12%
Sold Last 30 Days 77 66 +17%
Absorption Rate 2.30 2.78
As of September 16, 2016

27. Local Market Update
Great Falls Current Aug 2015 Var
Available 189 212 -11%
UC Last 30 Days 25 21 +19%
Sold Last 30 Days 32 21 +52%
Absorption Rate 7.56 10.10
As of September 16, 2016

28. Local Market Update
Haymarket Current Aug 2015 Var
Available 173 220 -21%
UC Last 30 Days 43 54 -20%
Sold Last 30 Days 72 51 +41%
Absorption Rate 4.02 4.07
As of September 16, 2016

29. Local Market Update
Herndon Current Aug 2015 Var
Available 203 276 -26%
UC Last 30 Days 84 76 +11%
Sold Last 30 Days 106 89 +19%
Absorption Rate 2.42 3.63
As of September 16, 2016

30. Local Market Update
Leesburg Current Aug 2015 Var
Available 425 541 -21%
UC Last 30 Days 152 104 +46%
Sold Last 30 Days 162 115 +41%
Absorption Rate 2.80 5.20
As of September 16, 2016

31. Local Market Update
Manassas Current Aug 2015 Var
Available 420 576 -27%
UC Last 30 Days 240 220 +9%
Sold Last 30 Days 231 182 +27%
Absorption Rate 1.75 2.62
As of September 16, 2016
SELLERS
MARKET

32. Local Market Update
McLean Current Aug 2015 Var
Available 382 453 -16%
UC Last 30 Days 67 63 +6%
Sold Last 30 Days 70 75 -7%
Absorption Rate 5.70 7.19
As of September 16, 2016

33. Local Market Update
Oakton Current Aug 2015 Var
Available 86 118 -27%
UC Last 30 Days 25 17 +47%
Sold Last 30 Days 40 27 +48%
Absorption Rate 3.44 6.94
As of September 16, 2016

34. Local Market Update
Reston Current Aug 2015 Var
Available 275 400 -31%
UC Last 30 Days 106 85 +25%
Sold Last 30 Days 104 106 -2%
Absorption Rate 2.59 4.71
As of September 16, 2016
SELLERS
MARKET

35. Local Market Update
Springfield Current Aug 2015 Var
Available 215 270 -20%
UC Last 30 Days 123 127 -3%
Sold Last 30 Days 148 120 +23%
Absorption Rate 1.75 2.13
As of September 16, 2016
SELLERS
MARKET

36. Local Market Update
Sterling Current Aug 2015 Var
Available 203 257 -21%
UC Last 30 Days 127 128 -1%
Sold Last 30 Days 136 128 +6%
Absorption Rate 1.60 2.01
As of September 16, 2016
SELLERS
MARKET

37. Local Market Update
Vienna Current Aug 2015 Var
Available 266 285 -7%
UC Last 30 Days 91 83 +10%
Sold Last 30 Days 107 77 +39%
Absorption Rate 2.92 3.43
As of September 16, 2016

38. 10 Vital Statistics You Must Know
Vienna Stats YTD
•Total listings- 266
•Avg LP- $789,972
•Avg SP- $778,068
•LP/ SP- 97.2%
•DOM- 59
•Sales YTD- 660 (+1%)
•Appreciation/ Depreciation- -1.62%
•Months of Supply- 2.92
•Interest Rate- 3.64%
Source: MRIS, Inc. September 16, 2016

39. Local Market Update
Woodbridge Current Aug 2015 Var
Available 582 769 -24%
UC Last 30 Days 308 336 -8%
Sold Last 30 Days 288 309 -7%
Absorption Rate 1.89 2.29
As of September 16, 2016
SELLERS
MARKET

40. Local Market Update
DC Current Aug 2015 Var
Available 1,128 1,197 -6%
UC Last 30 Days 709 695 +2%
Sold Last 30 Days 782 686 +14%
Absorption Rate 1.59 1.72
As of September 16, 2016
SELLERS
MARKET

41. Local Market Update
Loudoun Co. Current Aug 2015 Var
Available 1,686 2,143 -21%
UC Last 30 Days 616 571 +8%
Sold Last 30 Days 695 568 +22%
Absorption Rate 2.74 3.75
As of September 16, 2016

42. Local Market Update
Prince William Current Aug 2015 Var
Available 1,487 1,961 -24%
UC Last 30 Days 711 712 0%
Sold Last 30 Days 737 673 0%
Absorption Rate 2.09 2.75
As of September 16, 2016
SELLERS
MARKET