24
Market Absorptio n Virginia
| Date post: | 09-May-2015 |
| Category: |
Technology |
| Upload: | coldwell-banker-fairfax |
| View: | 120 times |
| Download: | 1 times |
Market Absorption
Virginia
Local Market UpdateDecember 2010
Northern Virginia Available UC Abs Rate
< $100,000 48 16 3.00
$100,000–$199,999 330 109 3.02
$200,000-$299,999 505 159 3.17
$300,000-$399,999 622 150 4.14
$400,000-$499,999 537 80 6.71
$500,000-$599,999 361 69 5.23
$600,000-$699,999 255 43 5.93Source: MRIS, Inc.; Northern Virginia is comprised of the Counties of Arlington and Fairfax; and the Cities of
Alexandria, Fairfax & Falls Church. January 24, 2011
Local Market UpdateDecember 2010
Northern Virginia Available UC Abs Rate
$700,000-$799,999 200 32 6.25
$800,000-$899,999 188 21 8.95
$900,000-$999,999 107 9 11.88
$1M -$1.49M 283 25 11.32
$1.5M -2.49 186 9 20.66
$2.5 million + 99 5 19.80
Overall 3,721 727 5.11Absorption 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. January 24, 2011
No VA Stats
Avg. SP- +1.74% to $482,376
Units Sold- +4.3%
DOM- +14.04% to 65 days
Local Market UpdateDecember 2010
PW & Loudoun Available UC Abs Rate
< $100,000 13 10 1.30
$100,000–$199,999 389 164 2.37
$200,000-$299,999 552 150 3.68
$300,000-$399,999 492 97 5.07
$400,000-$499,999 420 68 6.17
$500,000-$599,999 300 27 11.11
$600,000-$699,999 177 16 11.06Source: MRIS, Inc. January 24, 2011
Local Market UpdateDecember 2010
PW & Loudoun Available UC Abs Rate
$700,000-$799,999 112 4 28.00
$800,000-$899,999 68 5 13.60
$900,000-$999,999 60 1 60.00
$1M -$1.49M 78 0
$1.5M -2.49 35 2 17.50
$2.5 million + 25 1 25.00
Overall 2,721 545 4.99Absorption 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. January 24, 2011
Local Market Update
No. VA Current Dec 2009 VarAvailable 3,724 5,421 -31%
UC Last 30 Days 727 1,225 -40%
Sold Last 30 Days 1,466 1,349 +9%
Absorption Rate 5.12 4.42As of January 24, 2011
Local Market Update
Fairfax Co. Current Dec 2009 VarAvailable 2,609 4,024 -35%
UC Last 30 Days 528 951 -44%
Sold Last 30 Days 1,069 1,000 +7%
Absorption Rate 4.94 4.23As of January 24, 2011
Fairfax Co. Stats
Avg. SP- +3.25% to $466,468
Units Sold- +2.1%
DOM- +14.55% to 63 days
Local Market Update
Alexandria City Current Dec 2009 VarAvailable 507 557 -9%
UC Last 30 Days 88 117 -24%
Sold Last 30 Days 156 121 +29%
Absorption Rate 5.76 4.76As of January 24, 2011
Local Market Update
Arlington Co. Current Dec 2009 VarAvailable 530 721 -26%
UC Last 30 Days 92 138 -33%
Sold Last 30 Days 206 200 +3%
Absorption Rate 5.76 5.22As of January 24, 2011
Local Market Update
Clifton Current Dec 2009 VarAvailable 47 65 -28%
UC Last 30 Days 6 19 -68%
Sold Last 30 Days 13 10 +30%
Absorption Rate 7.83 3.42As of January 24, 2011
Local Market Update
Herndon Current Dec 2009 VarAvailable 104 263 -60%
UC Last 30 Days 30 75 -60%
Sold Last 30 Days 68 52 +31%
Absorption Rate 3.46 3.50As of January 24, 2011
SELLERS
MARKET
Local Market Update
Sterling Current Dec 2009 VarAvailable 161 374 -57%
UC Last 30 Days 81 91 -11%
Sold Last 30 Days 83 121 -31%
Absorption Rate 1.98 4.10As of January 24, 2011
SELLERS
MARKET
Local Market Update
Vienna/ Oakton Current Dec 2009 VarAvailable 238 305 -22%
UC Last 30 Days 33 60 -45%
Sold Last 30 Days 84 80 +5%
Absorption Rate 7.21 5.08As of January 24, 2011
Local Market Update
Ashburn Current Dec 2009 VarAvailable 281 362 -22%
UC Last 30 Days 57 88 -35%
Sold Last 30 Days 114 82 +39%
Absorption Rate 4.92 4.11As of January 24, 2011
Local Market Update
Reston Current Dec 2009 VarAvailable 69 262 -74%
UC Last 30 Days 18 80 -78%
Sold Last 30 Days 51 83 -39%
Absorption Rate 3.83 3.27As of January 24, 2011
SELLERS
MARKET
Local Market Update
Centreville Current Dec 2009 VarAvailable 155 288 -46%
UC Last 30 Days 50 65 -23%
Sold Last 30 Days 84 90 -7%
Absorption Rate 3.10 4.43As of January 24, 2011
SELLERS
MARKET
Local Market Update
DC Current Dec 2009 VarAvailable 2,361 2,738 -14%
UC Last 30 Days 273 443 -38%
Sold Last 30 Days 484 517 -6%
Absorption Rate 8.64 6.18As of January 24, 2011
Local Market Update
Prince William Current Dec 2009 VarAvailable 1,416 2,340 -39%
UC Last 30 Days 306 593 -48%
Sold Last 30 Days 492 510 -4%
Absorption Rate 4.62 3.94As of January 24, 2011
SELLERS
MARKET
Local Market Update
Loudoun Co. Current Dec 2009 VarAvailable 1,306 1,806 -28%
UC Last 30 Days 239 349 -32%
Sold Last 30 Days 410 413 -1%
Absorption Rate 5.46 5.17As of January 24, 2011
Local Market Update
GPAAR Current Dec 2009 VarAvailable 1,307 1,437 -9%
UC Last 30 Days 81 149 -45%
Sold Last 30 Days 165 145 +14%
Absorption Rate 16.13 9.64As of January 24, 2011
**Includes Faquier, Culpeper, Orange, Madison and Rappahannock Counties
Local Market Update
BRAR Current Dec 2009 VarAvailable 1,174 N/AUC Last 30 Days 87 N/ASold Last 30 Days 168 N/A
Absorption Rate 9.25 N/AAs of January 24, 2011
**Includes Clarke, Frederick, Warren Counties & Winchester City
Local Market Update
FAAR Current Dec 2009 VarAvailable 1,873 2,296 -18%
UC Last 30 Days 243 330 -26%
Sold Last 30 Days 296 310 -5%
Absorption Rate 7.70 6.95As of January 24, 2011
**Includes Fredericksburg City, Stafford, Spotsylvania, King George and Caroline Counties
