january stats for northern virginia
DESCRIPTION
January Stats for the Northern Virginia Market.TRANSCRIPT
![Page 1: January Stats for Northern Virginia](https://reader035.vdocuments.site/reader035/viewer/2022081403/554df68cb4c905f6598b5621/html5/thumbnails/1.jpg)
Market Absorption
Virginia
![Page 2: January Stats for Northern Virginia](https://reader035.vdocuments.site/reader035/viewer/2022081403/554df68cb4c905f6598b5621/html5/thumbnails/2.jpg)
Local Market UpdateJanuary 2011
Northern Virginia Available UC Abs Rate
< $100,000 40 26 1.53
$100,000–$199,999 298 170 1.75
$200,000-$299,999 499 217 2.29
$300,000-$399,999 600 241 2.48
$400,000-$499,999 484 184 2.63
$500,000-$599,999 364 119 3.05
$600,000-$699,999 255 87 2.93Source: MRIS, Inc.; Northern Virginia is comprised of the Counties of Arlington and Fairfax; and the Cities of
Alexandria, Fairfax & Falls Church. February 14, 2011
![Page 3: January Stats for Northern Virginia](https://reader035.vdocuments.site/reader035/viewer/2022081403/554df68cb4c905f6598b5621/html5/thumbnails/3.jpg)
Local Market UpdateJanuary 2011
Northern Virginia Available UC Abs Rate
$700,000-$799,999 206 54 3.81
$800,000-$899,999 188 32 5.87
$900,000-$999,999 117 15 7.80
$1M -$1.49M 278 42 6.61
$1.5M -2.49 184 7 26.28
$2.5 million + 107 2 53.50
Overall 3,620 1,196 3.02Absorption 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. February 14, 2011
![Page 4: January Stats for Northern Virginia](https://reader035.vdocuments.site/reader035/viewer/2022081403/554df68cb4c905f6598b5621/html5/thumbnails/4.jpg)
No VA Stats
Avg. SP- +2.75%
Units Sold- -11.59%
DOM- +28% to 73 days
Source: MRIS, Inc. February 14, 2011
![Page 5: January Stats for Northern Virginia](https://reader035.vdocuments.site/reader035/viewer/2022081403/554df68cb4c905f6598b5621/html5/thumbnails/5.jpg)
Local Market UpdateJanuary 2011
PW & Loudoun Available UC Abs Rate
< $100,000 15 16 .93
$100,000–$199,999 318 238 1.33
$200,000-$299,999 537 238 2.25
$300,000-$399,999 504 130 3.87
$400,000-$499,999 416 88 4.72
$500,000-$599,999 316 55 5.74
$600,000-$699,999 180 27 6.66Source: MRIS, Inc. February 14, 2011
![Page 6: January Stats for Northern Virginia](https://reader035.vdocuments.site/reader035/viewer/2022081403/554df68cb4c905f6598b5621/html5/thumbnails/6.jpg)
Local Market UpdateJanuary 2011
PW & Loudoun Available UC Abs Rate
$700,000-$799,999 110 10 11.00
$800,000-$899,999 69 10 6.90
$900,000-$999,999 55 3 18.33
$1M -$1.49M 82 2 41.00
$1.5M -2.49 39 1 39.00
$2.5 million + 26 0 0
Overall 2,653 818 4.24Absorption 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. February 14, 2011
![Page 7: January Stats for Northern Virginia](https://reader035.vdocuments.site/reader035/viewer/2022081403/554df68cb4c905f6598b5621/html5/thumbnails/7.jpg)
Local Market Update
No. VA Current Jan 2010 VarAvailable 3,620 4,250 -15%
UC Last 30 Days 1,197 1,169 +2.4%
Sold Last 30 Days 922 1,001 -7.8%
Absorption Rate 3.02 3.63As of February 14, 2011
SELLERS
MARKET
![Page 8: January Stats for Northern Virginia](https://reader035.vdocuments.site/reader035/viewer/2022081403/554df68cb4c905f6598b5621/html5/thumbnails/8.jpg)
Local Market Update
Fairfax Co. Current Jan 2010 VarAvailable 2,541 2,930 -13%
UC Last 30 Days 893 867 +3%
Sold Last 30 Days 648 732 -11%
Absorption Rate 2.84 3.37As of February 14, 2011
SELLERS
MARKET
![Page 9: January Stats for Northern Virginia](https://reader035.vdocuments.site/reader035/viewer/2022081403/554df68cb4c905f6598b5621/html5/thumbnails/9.jpg)
Fairfax Co. Stats
Avg. SP- +1.75%
Units Sold- -13%
DOM- +35% to 77days
Source: MRIS, Inc. February 14, 2011
![Page 10: January Stats for Northern Virginia](https://reader035.vdocuments.site/reader035/viewer/2022081403/554df68cb4c905f6598b5621/html5/thumbnails/10.jpg)
Local Market Update
Alexandria City Current Jan 2010 VarAvailable 488 535 -9%
UC Last 30 Days 140 118 +19%
Sold Last 30 Days 116 114 +2%
Absorption Rate 3.48 4.53As of February 14, 2011
SELLERS
MARKET
![Page 11: January Stats for Northern Virginia](https://reader035.vdocuments.site/reader035/viewer/2022081403/554df68cb4c905f6598b5621/html5/thumbnails/11.jpg)
Local Market Update
Arlington Co. Current Jan 2010 VarAvailable 511 684 -25%
UC Last 30 Days 142 162 -12%
Sold Last 30 Days 131 134 -2%
Absorption Rate 3.59 4.22As of February 14, 2011
SELLERS
MARKET
![Page 12: January Stats for Northern Virginia](https://reader035.vdocuments.site/reader035/viewer/2022081403/554df68cb4c905f6598b5621/html5/thumbnails/12.jpg)
Local Market Update
Clifton Current Jan 2010 VarAvailable 45 48 -6%
UC Last 30 Days 15 11 +36%
Sold Last 30 Days 7 12 -41%
Absorption Rate 3.00 4.36As of February 14, 2011
SELLERS
MARKET
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Local Market Update
Herndon Current Jan 2010 VarAvailable 108 167 -35%
UC Last 30 Days 62 57 +9%
Sold Last 30 Days 26 65 -60%
Absorption Rate 1.74 2.92As of February 14, 2011
SELLERS
MARKET
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Local Market Update
Sterling Current Jan 2010 VarAvailable 153 205 -25%
UC Last 30 Days 86 69 +24%
Sold Last 30 Days 70 76 -8%
Absorption Rate 1.77 2.97As of February 14, 2011
SELLERS
MARKET
![Page 15: January Stats for Northern Virginia](https://reader035.vdocuments.site/reader035/viewer/2022081403/554df68cb4c905f6598b5621/html5/thumbnails/15.jpg)
Local Market Update
Vienna/ Oakton Current Jan 2010 VarAvailable 223 245 -9%
UC Last 30 Days 66 61 +8%
Sold Last 30 Days 40 43 -7%
Absorption Rate 3.37 4.01As of February 14, 2011
SELLERS
MARKET
![Page 16: January Stats for Northern Virginia](https://reader035.vdocuments.site/reader035/viewer/2022081403/554df68cb4c905f6598b5621/html5/thumbnails/16.jpg)
Local Market Update
Ashburn Current Jan 2010 VarAvailable 269 357 -25%
UC Last 30 Days 79 83 -5%
Sold Last 30 Days 62 68 -9%
Absorption Rate 3.40 4.30As of February 14, 2011
SELLERS
MARKET
![Page 17: January Stats for Northern Virginia](https://reader035.vdocuments.site/reader035/viewer/2022081403/554df68cb4c905f6598b5621/html5/thumbnails/17.jpg)
Local Market Update
Reston Current Jan 2010 VarAvailable 71 233 -69%
UC Last 30 Days 27 65 -58%
Sold Last 30 Days 29 62 -53%
Absorption Rate 2.62 3.58As of February 14, 2011
SELLERS
MARKET
![Page 18: January Stats for Northern Virginia](https://reader035.vdocuments.site/reader035/viewer/2022081403/554df68cb4c905f6598b5621/html5/thumbnails/18.jpg)
Local Market Update
Centreville Current Jan 2010 VarAvailable 135 154 -12%
UC Last 30 Days 80 54 +48%
Sold Last 30 Days 54 57 -5%
Absorption Rate 1.68 2.85As of February 14, 2011
SELLERS
MARKET
![Page 19: January Stats for Northern Virginia](https://reader035.vdocuments.site/reader035/viewer/2022081403/554df68cb4c905f6598b5621/html5/thumbnails/19.jpg)
Local Market Update
DC Current Jan 2010 VarAvailable 2,240 2,498 -10%
UC Last 30 Days 389 408 -5%
Sold Last 30 Days 393 349 +13%
Absorption Rate 5.75 6.12As of February 14, 2011
![Page 20: January Stats for Northern Virginia](https://reader035.vdocuments.site/reader035/viewer/2022081403/554df68cb4c905f6598b5621/html5/thumbnails/20.jpg)
Local Market Update
Prince William Current Jan 2010 VarAvailable 1,370 1,624 -16%
UC Last 30 Days 493 449 +10%
Sold Last 30 Days 341 400 -15%
Absorption Rate 2.77 3.61As of February 14, 2011
SELLERS
MARKET
![Page 21: January Stats for Northern Virginia](https://reader035.vdocuments.site/reader035/viewer/2022081403/554df68cb4c905f6598b5621/html5/thumbnails/21.jpg)
Local Market Update
Loudoun Co. Current Jan 2010 VarAvailable 1,302 1557 -16%
UC Last 30 Days 326 301 +9%
Sold Last 30 Days 256 261 -2%
Absorption Rate 3.99 5.17As of February 14, 2011
SELLERS
MARKET
![Page 22: January Stats for Northern Virginia](https://reader035.vdocuments.site/reader035/viewer/2022081403/554df68cb4c905f6598b5621/html5/thumbnails/22.jpg)
Local Market Update
GPAAR Current Jan 2010 VarAvailable 1,290 1,297 -1%
UC Last 30 Days 130 123 +6%
Sold Last 30 Days 111 118 -6%
Absorption Rate 9.92 10.54As of February 14, 2011
**Includes Faquier, Culpeper, Orange, Madison and Rappahannock Counties
![Page 23: January Stats for Northern Virginia](https://reader035.vdocuments.site/reader035/viewer/2022081403/554df68cb4c905f6598b5621/html5/thumbnails/23.jpg)
Local Market Update
BRAR Current Jan 2010 VarAvailable 1,173 1,199 -2%
UC Last 30 Days 134 121 +11%
Sold Last 30 Days 122 124 -2%
Absorption Rate 8.75 9.90As of February 14, 2011
**Includes Clarke, Frederick, Warren Counties & Winchester City
![Page 24: January Stats for Northern Virginia](https://reader035.vdocuments.site/reader035/viewer/2022081403/554df68cb4c905f6598b5621/html5/thumbnails/24.jpg)
Local Market Update
FAAR Current Jan 2010 VarAvailable 1,842 1,922 -4.1%
UC Last 30 Days 353 260 +36%
Sold Last 30 Days 236 253 -7%
Absorption Rate 5.21 7.39As of February 14, 2011
**Includes Fredericksburg City, Stafford, Spotsylvania, King George and Caroline Counties