Magarpatta Nova Elegance Mundhwa Pune E-Brochure.pdf
April 2016 Market Absoptions for Northern Virginia and Washington DC
1.
2. 10 Vital Statistics You Must Know
Fairfax Co. Stats YTD
•Total listings- 3,881
•Avg LP- $538,984
•Avg SP- $525,381
•LP/ SP- 97%
•DOM- 67
•Sales YTD- 4,191 (+6.53%)
•Appreciation/ Depreciation- 0%
•Months of Supply- 1.95
•Interest Rate- 3.69%
Source: MRIS, Inc. May 23, 2016
3. 10 Vital Statistics You Must Know
Prince William Co. Stats YTD
•Total listings- 1,496
•Avg LP- $360,133
•Avg SP- $355,307
•LP/ SP- 97%
•DOM- 69
•Sales YTD- 1,935 (+2.33%)
•Appreciation/ Depreciation- +1%
•Months of Supply- 1.62
•Interest Rate- 3.69%
Source: MRIS, Inc. May 23, 2016
4. 10 Vital Statistics You Must Know
Loudoun Co. Stats YTD
•Total listings- 1,789
•Avg LP- $479,399
•Avg SP- $472,147
•LP/ SP- 97.2%
•DOM- 68
•Sales YTD- 1,782 (+3.79%)
•Appreciation/ Depreciation- +1.19%
•Months of Supply- 2.18
•Interest Rate- 3.69%
Source: MRIS, Inc. May 23, 2016
5. Local Market Update
April 2016
Northern Virginia Available UC Abs Rate
< $100,000 10 5 2.00
$100,000–$199,999 257 112 2.29
$200,000-$299,999 522 235 2.22
$300,000-$399,999 613 350 1.75
$400,000-$499,999 577 334 1.73
$500,000-$599,999 542 297 1.82
$600,000-$699,999 519 235 2.21
Source: MRIS, Inc.; Northern Virginia is comprised of the Counties of Arlington and Fairfax; and the Cities of
Alexandria, Fairfax & Falls Church. May 23, 2016
6. Local Market Update
April 2016
Northern Virginia Available UC Abs Rate
$700,000-$799,999 411 153 2.69
$800,000-$899,999 346 103 3.36
$900,000-$999,999 267 47 7.81
$1M -$1.49M 675 95 7.11
$1.5M -2.49 407 34 11.97
$2.5 million + 145 8 18.13
Overall 5,291 2,008 2.63
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 23, 2016
7. No VA Stats- April
Avg. SP- 0%
Units Sold- +4.02%
DOM- +3.23% at 64 days
Source: MRIS, Inc. May 23, 2016 Year over year
8. Local Market Update
April 2016
Prince William Available UC Abs Rate
< $100,000 5 1 5.00
$100,000–$199,999 55 52 1.06
$200,000-$299,999 224 196 1.14
$300,000-$399,999 347 184 1.89
$400,000-$499,999 329 124 2.65
$500,000-$599,999 280 65 4.31
$600,000-$699,999 117 23 5.09
Source: MRIS, Inc. May 23, 2016
9. Local Market Update
April 2016
Prince William Available UC Abs Rate
$700,000-$799,999 66 5 13.20
$800,000-$899,999 32 1 32.00
$900,000-$999,999 20 2 10.00
$1M -$1.49M 23 0 0.00
$1.5M -2.49 6 0 0.00
$2.5 million + 3 0 0.00
Overall 1,501 653 2.31
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 23, 2016
10. Local Market Update
April 2016
Loudoun Available UC Abs Rate
< $100,000 3 0 0.00
$100,000–$199,999 34 18 1.89
$200,000-$299,999 111 68 1.63
$300,000-$399,999 228 154 1.48
$400,000-$499,999 258 136 1.90
$500,000-$599,999 282 92 3.07
$600,000-$699,999 358 60 5.97
Source: MRIS, Inc. May 23, 2016
11. Local Market Update
April 2016
Loudoun Available UC Abs Rate
$700,000-$799,999 195 35 5.57
$800,000-$899,999 141 11 12.82
$900,000-$999,999 80 5 16.00
$1M -$1.49M 113 11 10.27
$1.5M -2.49 46 2 23.00
$2.5 million + 23 0 0.00
Overall 1,872 592 3.16
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 23, 2016
12. Local Market Update
No. VA Current April 2015 Var
Available 5,128 4,957 +3%
UC Last 30 Days 2,673 2,509 +7%
Sold Last 30 Days 1,963 1,817 +9%
Absorption Rate 1.92 1.98
As of May 23, 2016
SELLERS
MARKET
13. Local Market Update
Fairfax Co. Current April 2015 Var
Available 3,881 3,669 +6%
UC Last 30 Days 1,992 1,836 +9%
Sold Last 30 Days 1,448 1,308 +11%
Absorption Rate 1.95 2.00
As of May 23, 2016
SELLERS
MARKET
14. Fairfax Co. Stats- April
Avg. SP- +2.41%
Units Sold- +10.70%
DOM- +6.38% at 50 days
Source: MRIS, Inc. May 23, 2016 Year over year
15. Local Market Update
Alexandria City Current April 2015 Var
Available 508 537 -5%
UC Last 30 Days 288 273 +5%
Sold Last 30 Days 226 222 +2%
Absorption Rate 1.76 1.97
As of May 23, 2016
16. Local Market Update
Arlington Co. Current April 2015 Var
Available 650 636 +2%
UC Last 30 Days 327 329 -1%
Sold Last 30 Days 258 241 +7%
Absorption Rate 1.99 1.93
As of May 23, 2016
17. Local Market Update
Annandale Current April 2015 Var
Available 125 132 -5%
UC Last 30 Days 83 87 -5%
Sold Last 30 Days 57 48 +19%
Absorption Rate 1.51 1.52
As of May 23, 2016
SELLERS
MARKET
18. Local Market Update
Ashburn Current April 2015 Var
Available 398 554 -28%
UC Last 30 Days 236 214 +10%
Sold Last 30 Days 160 139 +15%
Absorption Rate 1.69 2.59
As of May 23, 2016
SELLERS
MARKET
19. Local Market Update
Bristow Current April 2015 Var
Available 91 106 -14%
UC Last 30 Days 75 75 0%
Sold Last 30 Days 60 65 -8%
Absorption Rate 1.21 1.41
As of May 23, 2016
SELLERS
MARKET
20. Local Market Update
Burke Current April 2015 Var
Available 86 85 +1%
UC Last 30 Days 90 92 -2%
Sold Last 30 Days 43 57 -25%
Absorption Rate .96 .92
As of May 23, 2016
SELLERS
MARKET
21. Local Market Update
Centreville Current April 2015 Var
Available 192 220 -13%
UC Last 30 Days 157 147 +7%
Sold Last 30 Days 120 80 +50%
Absorption Rate 1.22 1.50
As of May 23, 2016
SELLERS
MARKET
22. Local Market Update
Chantilly Current April 2015 Var
Available 195 203 -4%
UC Last 30 Days 101 89 +13%
Sold Last 30 Days 81 74 +9%
Absorption Rate 1.93 2.28
As of May 23, 2016
SELLERS
MARKET
23. Local Market Update
Clifton Current April 2015 Var
Available 91 85 +7%
UC Last 30 Days 28 21 +33%
Sold Last 30 Days 23 21 +10%
Absorption Rate 3.28 4.05
As of May 23, 2016
24. Local Market Update
Fairfax Current April 2015 Var
Available 423 481 -12%
UC Last 30 Days 302 269 +12%
Sold Last 30 Days 194 209 -7%
Absorption Rate 1.40 1.79
As of May 23, 2016
SELLERS
MARKET
25. Local Market Update
Fairfax Station Current April 2015 Var
Available 74 61 +21%
UC Last 30 Days 27 34 -21%
Sold Last 30 Days 27 25 +8%
Absorption Rate 2.74 1.79
As of May 23, 2016
26. Local Market Update
Gainesville Current April 2015 Var
Available 179 205 -13%
UC Last 30 Days 85 73 +16%
Sold Last 30 Days 76 62 +23%
Absorption Rate 2.11 2.81
As of May 23, 2016
27. Local Market Update
Great Falls Current April 2015 Var
Available 225 184 +22%
UC Last 30 Days 38 23 +65%
Sold Last 30 Days 29 17 +71%
Absorption Rate 5.92 8.00
As of May 23, 2016
28. Local Market Update
Haymarket Current April 2015 Var
Available 206 229 -10%
UC Last 30 Days 83 60 +38%
Sold Last 30 Days 42 39 +8%
Absorption Rate 2.48 3.82
As of May 23, 2016
SELLERS
MARKET
29. Local Market Update
Herndon Current April 2015 Var
Available 230 207 +11%
UC Last 30 Days 138 122 +13%
Sold Last 30 Days 103 87 +18%
Absorption Rate 1.67 1.70
As of May 23, 2016
30. Local Market Update
Leesburg Current April 2015 Var
Available 441 520 -15%
UC Last 30 Days 500 165 +21%
Sold Last 30 Days 131 147 -11%
Absorption Rate 2.21 3.15
As of May 23, 2016
31. Local Market Update
Manassas Current April 2015 Var
Available 419 439 -5%
UC Last 30 Days 293 240 +22%
Sold Last 30 Days 182 184 -1%
Absorption Rate 1.43 1.83
As of May 23, 2016
SELLERS
MARKET
32. Local Market Update
McLean Current April 2015 Var
Available 426 392 +9%
UC Last 30 Days 104 73 +42%
Sold Last 30 Days 73 76 -4%
Absorption Rate 4.10 5.37
As of May 23, 2016
33. Local Market Update
Oakton Current April 2015 Var
Available 120 111 +8%
UC Last 30 Days 36 45 -20%
Sold Last 30 Days 27 29 -7%
Absorption Rate 3.33 2.47
As of May 23, 2016
34. Local Market Update
Reston Current April 2015 Var
Available 316 320 -1%
UC Last 30 Days 153 129 +19%
Sold Last 30 Days 146 103 +42%
Absorption Rate 2.07 2.48
As of May 23, 2016
SELLERS
MARKET
35. Local Market Update
Springfield Current April 2015 Var
Available 199 208 -4%
UC Last 30 Days 197 167 +18%
Sold Last 30 Days 126 131 -4%
Absorption Rate 1.01 1.25
As of May 23, 2016
SELLERS
MARKET
36. Local Market Update
Sterling Current April 2015 Var
Available 199 208 -4%
UC Last 30 Days 197 167 +18%
Sold Last 30 Days 126 131 -4%
Absorption Rate 1.01 1.25
As of May 23, 2016
SELLERS
MARKET
37. Local Market Update
Vienna Current April 2015 Var
Available 320 254 +26%
UC Last 30 Days 108 119 -9%
Sold Last 30 Days 80 75 +7%
Absorption Rate 2.96 2.13
As of May 23, 2016
SELLERS
MARKET
38. 10 Vital Statistics You Must Know
Vienna Stats YTD
•Total listings- 320
•Avg LP- $768,212
•Avg SP- $758,715
•LP/ SP- 97.3%
•DOM- 71
•Sales YTD- 238 (-1.24%)
•Appreciation/ Depreciation- -5.34%
•Months of Supply- 2.96
•Interest Rate- 3.69%
Source: MRIS, Inc. May 23, 2016
39. Local Market Update
Woodbridge Current April 2015 Var
Available 568 628 -10%
UC Last 30 Days 389 378 +3%
Sold Last 30 Days 250 228 +10%
Absorption Rate 1.46 1.66
As of May 23, 2016
SELLERS
MARKET
40. Local Market Update
DC Current April 2015 Var
Available 1,307 1,174 +11%
UC Last 30 Days 1,017 962 +6%
Sold Last 30 Days 771 711 +8%
Absorption Rate 1.29 1.22
As of May 23, 2016
SELLERS
MARKET
41. Local Market Update
Loudoun Co. Current April 2015 Var
Available 1,789 2,168 -18%
UC Last 30 Days 822 741 +11%
Sold Last 30 Days 563 570 -1%
Absorption Rate 2.18 2.93
As of May 23, 2016
42. Local Market Update
Prince William Current April 2015 Var
Available 1,496 1,739 -14%
UC Last 30 Days 925 827 +12%
Sold Last 30 Days 622 586 +6%
Absorption Rate 1.62 2.10
As of May 23, 2016
SELLERS
MARKET