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Market Absorptio
nNorthern Virginia
& DC
Local Market UpdateDecember 2012
Northern Virginia Available UC Abs Rate
< $100,000 14 8 1.75
$100,000–$199,999 83 77 1.08
$200,000-$299,999 184 182 1.01
$300,000-$399,999 243 231 1.05
$400,000-$499,999 243 191 1.27$500,000-$599,999 204 140 1.46$600,000-$699,999 180 90 2.00
Source: MRIS, Inc.; Northern Virginia is comprised of the Counties of Arlington and Fairfax; and the Cities of
Alexandria, Fairfax & Falls Church. January 14, 2013
Local Market UpdateDecember 2012
Northern Virginia Available UC Abs Rate
$700,000-$799,999 154 58 2.66
$800,000-$899,999 123 33 3.73
$900,000-$999,999 77 15 3.73
$1M -$1.49M 271 48 5.13
$1.5M -2.49 157 21 7.48$2.5 million + 134 2 67.00Overall 2,067 1,096 1.89
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. January 14, 2013
No VA Stats
Avg. SP- +10.66%
Units Sold- +7.99%
DOM- -17.39% to 57 days
Source: MRIS, Inc. January 14, 2103
Local Market UpdateDecember 2012
PW & Loudoun Available UC Abs Rate
< $100,000 7 10 .70
$100,000–$199,999 90 98 .92
$200,000-$299,999 264 213 1.24
$300,000-$399,999 366 228 1.61
$400,000-$499,999 322 133 2.42$500,000-$599,999 284 70 4.06$600,000-$699,999 180 36 5.00
Source: MRIS, Inc. January 14, 2013
Local Market UpdateDecember 2012
PW & Loudoun Available UC Abs Rate
$700,000-$799,999 118 23 5.13
$800,000-$899,999 65 13 5.00
$900,000-$999,999 43 1 43.00
$1M -$1.49M 55 7 7.86
$1.5M -2.49 36 1 36.00$2.5 million + 33 0 0Overall 1,863 833 2.24
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. January 14, 2013
Local Market Update
No. VA Current Dec 2011 VarAvailable 2,068 3,087 -33%
UC Last 30 Days 1,096 698 +57%
Sold Last 30 Days 1,389 1,286 +30%
Absorption Rate 1.89 4.42As of January 14, 2013
SELLERS
MARKET
Local Market Update
Fairfax Co. Current Dec 2011 VarAvailable 1,467 2,184 -33%
UC Last 30 Days 795 529 +50%
Sold Last 30 Days 1,007 932 +8%
Absorption Rate 1.85 4.13As of January 14, 2013
SELLERS
MARKET
Fairfax Co. Stats
Avg. SP- +12.97%
Units Sold- +8.06%
DOM- -14.71% to 58 days
Source: MRIS, Inc. January 14, 2013
Local Market Update
Alexandria City Current Dec 2011 VarAvailable 271 359 -25%
UC Last 30 Days 131 73 +79%
Sold Last 30 Days 165 139 +19%
Absorption Rate 2.07 3.89As of January 14, 2013
SELLERS
MARKET
Local Market Update
Arlington Co. Current Dec 2011 VarAvailable 274 439 -38%
UC Last 30 Days 135 81 +67%
Sold Last 30 Days 180 178 +1%
Absorption Rate 2.03 4.85As of January 14, 2013
SELLERS
MARKET
Local Market Update
Fairfax Current Dec 2011 VarAvailable 129 248 -48%
UC Last 30 Days 115 63 +83%
Sold Last 30 Days 101 118 -14%
Absorption Rate 1.12 3.54As of January 14, 2013
SELLERS
MARKET
Local Market UpdateFairfax Station Current Dec 2011 Var
Available 38 64 -41%
UC Last 30 Days 6 5 +20%
Sold Last 30 Days 17 14 +21%
Absorption Rate 6.33 12.80As of January 14, 2013
Local Market Update
Clifton Current Dec 2011 VarAvailable 39 58 -33%
UC Last 30 Days 19 6 +217%
Sold Last 30 Days 10 8 +25%
Absorption Rate 2.05 9.67As of January 14, 2013
SELLERS
MARKET
Local Market Update
Herndon Current Dec 2011 VarAvailable 57 80 -29%
UC Last 30 Days 50 31 +61%
Sold Last 30 Days 63 69 -9%
Absorption Rate 1.14 2.58As of January 14, 2013
SELLERS
MARKET
Local Market UpdateSterling Current Dec 2011 Var
Available 70 130 -46%
UC Last 30 Days 65 48 +35%
Sold Last 30 Days 85 93 -9%
Absorption Rate .98 2.00As of January 14, 2013
SELLERS
MARKET
Local Market UpdateVienna/ Oakton Current Dec 2011 Var
Available 161 215 -25%
UC Last 30 Days 64 30 +113%
Sold Last 30 Days 83 69 +20%
Absorption Rate 2.52 7.17As of January 14, 2013
SELLERS
MARKET
Local Market UpdateAshburn Current Dec 2011 Var
Available 202 258 -22%
UC Last 30 Days 148 43 +244%
Sold Last 30 Days 143 125 +14%
Absorption Rate 1.36 6.00As of January 14, 2013
SELLERS
MARKET
Local Market Update
Reston Current Dec 2011 VarAvailable 60 110 -45%
UC Last 30 Days 51 40 +28%
Sold Last 30 Days 66 62 +6%
Absorption Rate 1.18 2.75As of January 14, 2013
SELLERS
MARKET
Local Market UpdateCentreville Current Dec 2011 Var
Available 61 95 -36%
UC Last 30 Days 58 49 +18%
Sold Last 30 Days 63 74 -15%
Absorption Rate 1.05 1.94As of January 14, 2013
SELLERS
MARKET
Local Market UpdateDC Current Dec 2011 Var
Available 1,003 1,655 -39%
UC Last 30 Days 486 298 +63%
Sold Last 30 Days 568 514 +11%
Absorption Rate 2.06 5.55As of January 14, 2013
SELLERS
MARKET
Local Market Update
Prince William Current Dec 2011 VarAvailable 839 1,091 -23%
UC Last 30 Days 426 311 +37%
Sold Last 30 Days 426 457 -7%
Absorption Rate 1.97 3,51As of January 14, 2013
SELLERS
MARKET
Local Market Update
Loudoun Co. Current Dec 2011 VarAvailable 1,022 1,295 -21%
UC Last 30 Days 407 201 +102%
Sold Last 30 Days 459 396 +16%
Absorption Rate 2.51 6.44As of January 14, 2013
SELLERS
MARKET
Local Market Update
GPAAR Current Dec 2011 VarAvailable 1,081 1,206 -10%
UC Last 30 Days 141 108 +31%
Sold Last 30 Days 141 155 -9%
Absorption Rate 7.67 11.17As of January 14, 2013
**Includes Faquier, Culpeper, Orange, Madison and Rappahannock Counties
Local Market Update
BRAR Current Dec 2011 VarAvailable 797 944 -16%
UC Last 30 Days 149 89 +67%
Sold Last 30 Days 152 154 -1%
Absorption Rate 5.35 10.61As of January 14, 2013
**Includes Clarke, Frederick, Warren Counties & Winchester City
Local Market Update
FAAR Current Dec 2011 VarAvailable 1,289 1,365 -6%
UC Last 30 Days 284 220 +29%
Sold Last 30 Days 304 325 -6%
Absorption Rate 4.54 6.20As of January 14, 2013
**Includes Fredericksburg City, Stafford, Spotsylvania, King George and Caroline Counties
SELLERS
MARKET
