Upload
weichertvienna
View
76
Download
0
Embed Size (px)
Citation preview
Market Absorption Virginia
Market AbsorptionNorthern Virginia & DC
10 Vital Statistics You Must Know
Fairfax Co. Stats YTDTotal listings- 3,625Avg LP- $554,597Avg SP- $545,719LP/ SP- 97.4%DOM- 51Sales YTD- 12,352 (+6.13%)Appreciation/ Depreciation- 0%Months of Supply- 2.99Interest Rate- 3.64%Source: MRIS, Inc. October 17, 2016
2
10 Vital Statistics You Must Know
Prince William Co. Stats YTDTotal listings- 1,454Avg LP- $366,476Avg SP- $362,536LP/ SP- 97.7%DOM- 50Sales YTD- 5,740 (+6.18%)Appreciation/ Depreciation- +2.49%Months of Supply- 2.33Interest Rate- 3.64%
Source: MRIS, Inc. October 17, 2016
3
10 Vital Statistics You Must Know
Loudoun Co. Stats YTDTotal listings- 1,670Avg LP- $488,103Avg SP- $481,161LP/ SP- 97.7%DOM- 51Sales YTD- 5,277 (+5.39%)Appreciation/ Depreciation- +1%Months of Supply- 3.13Interest Rate- 3.64%
Source: MRIS, Inc. October 17, 2016
4
Local Market UpdateSeptember 2016
Northern VirginiaAvailableUCAbs Rate< $100,000861.33$100,000$199,9992331032.26$200,000-$299,9994852202.20$300,000-$399,9995752792.06$400,000-$499,9995352921.83$500,000-$599,9995012292.19$600,000-$699,9994501592.83
Source: MRIS, Inc.; Northern Virginia is comprised of the Counties of Arlington and Fairfax; and the Cities of Alexandria, Fairfax & Falls Church. October 17, 2016
5Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update September 2016
Northern VirginiaAvailableUCAbs Rate$700,000-$799,9993571083.31$800,000-$899,999287654.42$900,000-$999,999203336.15$1M -$1.49M570866.63$1.5M -2.49348359.94$2.5 million +150530.00Overall4,7021,6202.90
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 October 17, 2016
6Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
No VA Stats- SeptemberAvg. SP- -2.96%
Units Sold- +2.70%
DOM- -5.56% to 51 days
Source: MRIS, Inc. October 17, 2016 Year over year
Local Market UpdateSeptember 2016
Prince WilliamAvailableUCAbs Rate< $100,000000.00$100,000$199,99947301.57$200,000-$299,9992662101.27$300,000-$399,9993701612.30$400,000-$499,9992721142.39$500,000-$599,999214534.04$600,000-$699,999113215.38
Source: MRIS, Inc. October 17, 2016
8Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market UpdateSeptember 2016
Prince WilliamAvailableUCAbs Rate$700,000-$799,9995268.67$800,000-$899,99935311.67$900,000-$999,9991243.00$1M -$1.49M2538.33$1.5M -2.49500.00$2.5 million +200.00Overall1,4136052.34
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. October 17, 2016
9Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market UpdateSeptember 2016
LoudounAvailableUCAbs Rate< $100,000441.00$100,000$199,99936191.89$200,000-$299,999117721.63$300,000-$399,9992081211.72$400,000-$499,9992361122.11$500,000-$599,999227723.15$600,000-$699,999316644.94
Source: MRIS, Inc. October 17, 2016
10Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market UpdateSeptember 2016
LoudounAvailableUCAbs Rate$700,000-$799,999178296.14$800,000-$899,999116912.89$900,000-$999,9995896.44$1M -$1.49M75515.00$1.5M -2.4953153.00$2.5 million +3000.00Overall1,6545172.68
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. October 17, 2016
11Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update
No. VACurrentSept 2015VarAvailable4,8555,821-17%UC Last 30 Days1,6901,730-2%Sold Last 30 Days1,6751,631+3%Absorption Rate2.873.36As of October 17, 2016
12Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update
Fairfax Co.CurrentSept 2015VarAvailable3,6254,428-18%UC Last 30 Days1,2141,264-4%Sold Last 30 Days1,2141,118+9%Absorption Rate2.993.50As of October 17, 2016
13Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Fairfax Co. Stats- SeptemberAvg. SP- -1.63%
Units Sold- +8.59%
DOM- -7.27% to 51 days
Source: MRIS, Inc October 17, 2016 Year over year
14
Local Market Update
Alexandria CityCurrentSept 2015VarAvailable463573-19%UC Last 30 Days202191+6%Sold Last 30 Days194217-11%Absorption Rate2.293.01As of October 17, 2016
15Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update
Arlington Co.CurrentSept 2015VarAvailable642685-6%UC Last 30 Days245232+6%Sold Last 30 Days218254-14%Absorption Rate2.622.95As of October 17, 2016
16Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update
AnnandaleCurrentSept 2015VarAvailable125149-16%UC Last 30 Days6150+22%Sold Last 30 Days4750-6%Absorption Rate2.052.98As of October 17, 2016
SELLERS MARKET
17Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update
AshburnCurrentSept 2015VarAvailable343498-31%UC Last 30 Days135130+4%Sold Last 30 Days150157-4%Absorption Rate2.543.83As of October 17, 2016
SELLERS MARKET
18Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update
BristowCurrentSept 2015VarAvailable84125-33%UC Last 30 Days4742+12%Sold Last 30 Days5242+24%Absorption Rate1.792.98As of October 17, 2016
SELLERS MARKET
19Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update
BurkeCurrentSept 2015VarAvailable104123-15%UC Last 30 Days4351-16%Sold Last 30 Days5643+30%Absorption Rate2.422.41As of October 17, 2016
SELLERS MARKET
20Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update
CentrevilleCurrentSept 2015VarAvailable207270-23%UC Last 30 Days7997-19%Sold Last 30 Days9172+26%Absorption Rate2.622.78As of October 17, 2016
SELLERS MARKET
21Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update
ChantillyCurrentSept 2015VarAvailable144217-34%UC Last 30 Days7157+25%Sold Last 30 Days6881-16%Absorption Rate2.033.81As of October 17, 2016
SELLERS MARKET
22Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update
CliftonCurrentSept 2015VarAvailable7986-8%UC Last 30 Days1526-42%Sold Last 30 Days1518-17%Absorption Rate5.273.31As of October 17, 2016
23Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update
FairfaxCurrentSept 2015VarAvailable402534-25%UC Last 30 Days168181-7%Sold Last 30 Days175135+30%Absorption Rate2.392.95As of October 17, 2016
SELLERS MARKET
24Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update
Fairfax StationCurrentSept 2015VarAvailable7481-9%UC Last 30 Days1625-36%Sold Last 30 Days1615+7%Absorption Rate4.633.24As of October 17, 2016
25Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update
GainesvilleCurrentSept 2015VarAvailable167209-20%UC Last 30 Days6554+20%Sold Last 30 Days6251+22%Absorption Rate2.573.87As of October 17, 2016
26Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update
Great FallsCurrentSept 2015VarAvailable179233-23%UC Last 30 Days11110%Sold Last 30 Days1813+38%Absorption Rate16.2721.18As of October 17, 2016
27Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update
HaymarketCurrentSept 2015VarAvailable63219-26%UC Last 30 Days5446+17%Sold Last 30 Days4341+5%Absorption Rate3.024.76As of October 17, 2016
28Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update
HerndonCurrentSept 2015VarAvailable219260-16%UC Last 30 Days7992-14%Sold Last 30 Days8367+24%Absorption Rate2.772.83As of October 17, 2016
29Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update
LeesburgCurrentSept 2015VarAvailable426528-19%UC Last 30 Days143113+27%Sold Last 30 Days133100+33%Absorption Rate2.984.67As of October 17, 2016
30Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update
ManassasCurrentSept 2015VarAvailable413581-29%UC Last 30 Days1831830%Sold Last 30 Days183185-1%Absorption Rate2.263.17As of October 17, 2016
SELLERS MARKET
31Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update
McLeanCurrentSept 2015VarAvailable398459-13%UC Last 30 Days7060+17%Sold Last 30 Days6245+38%Absorption Rate5.697.65As of October 17, 2016
32Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update
OaktonCurrentSept 2015VarAvailable90118-24%UC Last 30 Days2132-34%Sold Last 30 Days2117+24%Absorption Rate4.293.69As of October 17, 2016
33Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update
RestonCurrentSept 2015VarAvailable295405-27%UC Last 30 Days89105-15%Sold Last 30 Days8883+6%Absorption Rate3.313.86As of October 17, 2016
34Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update
SpringfieldCurrentSept 2015VarAvailable205282-27%UC Last 30 Days110108+2%Sold Last 30 Days113124-9%Absorption Rate1.862.61As of October 17, 2016
SELLERS MARKET
35Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update
SterlingCurrentSept 2015VarAvailable197271-27%UC Last 30 Days11496+19%Sold Last 30 Days10192+10%Absorption Rate1.732.82As of October 17, 2016
SELLERS MARKET
36Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update
ViennaCurrentSept 2015VarAvailable271318-15%UC Last 30 Days7262+16%Sold Last 30 Days7278-8%Absorption Rate3.765.13As of October 17, 2016
37Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
10 Vital Statistics You Must Know
Vienna Stats YTDTotal listings- 271Avg LP- $792,097Avg SP- $779,976LP/ SP- 97.2%DOM- 59Sales YTD- 738 (0%)Appreciation/ Depreciation- -1.73%Months of Supply- 3.76Interest Rate- 3.64%
Source: MRIS, Inc. October 17, 2016
38
Local Market Update
WoodbridgeCurrentSept 2015VarAvailable562732-23%UC Last 30 Days298246+21%Sold Last 30 Days262271-3%Absorption Rate1.892.98As of October 17, 2016
SELLERS MARKET
39Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update
DCCurrentSept 2015VarAvailable1,4151,425-1%UC Last 30 Days759824-8%Sold Last 30 Days708651+9%Absorption Rate1.861.73As of October 17, 2016
SELLERS MARKET
40Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update
Loudoun Co.CurrentSept 2015VarAvailable1,6702,150-22%UC Last 30 Days534465+15%Sold Last 30 Days530492+8%Absorption Rate3.134.62As of October 17, 2016
41Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.
Local Market Update
Prince WilliamCurrentSept 2015VarAvailable1,4541,953-26%UC Last 30 Days625573+9%Sold Last 30 Days597576+4%Absorption Rate2.333.41As of October 17, 2016
SELLERS MARKET
42Create your own table to approach the aspects of the marketplace that you consider most relevant and valuable to your associates.
For ideas on what to cover, refer to the tables in the Planning Day Presentation on your Planning Day 2005 CD.
For example, you might discuss the market conditions of different communities or price ranges each week.