Circle Stats

Market Condition Report Fairfax Virginia September 2014 The market seems bifurcated with a strong market and a weak market. We are seeing certain areas doing well and others having difficulty finding qualified tenants. Circle Property Management is seeing more pricing pressure than in previous years and w...

August Market Condition Report August 2014 August is very similar to previous Augusts’ and is in-line with expectations. We are eager to see the month of September, which will provide the trend for the rest of the year. September Outlook We do see a 30% drop in units rented as well as an increase in the amount of time it tak...

July has been a VERY normal month statistically. No earth shattering news but we still see excellent demand. Average rent charged for July was $2350 exceeding July 2013. We have been using average rent charged to estimate pricing since 2008 providing the the best metric for establishing market demand. .  We are now in August w...

Our June update seems to be promising for rentals and we are ahead of last year's averages.   • As of June 2014 UNITS RENTED is up by 6.5% compared to 2013 (Positive for Owners) • Average Rent year over year is up 1/2%, ($2,2293) (Positive for Owners) • Supply of Rental Units is 1.3 month...

Despite the News and the multiple offers seen in the sales market, we are experiencing a decline in sales as compared to May 2011, 2012 and 2013.  As compared to 2013 we did see a 30% drop in Sales for fairfax county.  As compared to May 2013 we did see 3% rise in units rented. Rentals and Sales Cart 2011, 2012, 2013 and Y...

As of April 2014 UNITS RENTED is up by 10% compared to 2013 (Positive for owners) Average Rent Year over Year is up 2%, ($2,204)  (Positive for Owners) Supply of Rental Units is 1.32 months supply (Positive for Owners)   Months Supply Currently available is 857 units available as of May 3rd 2014, based on the...

Our January report shows promising signs for a good 2014 Rental Market.   The average Rent for January 2014 was higher than January 2013. This is an encouraging sign and we hope it will continue through out the year. The Days On Market (DOM) did tick down but still remains high for the season. Units Rented also impro...

Reflecting On The 2013 Rental Market?   We closed out 2013 with allot of new highs, including days on market, (the time a listing is ACTIVE in the MLS system. The time it took to rent in December hit 50 days. We prefer to see this bellow 40.   With the record highs in average rented prices, we feel a bit uncomf...

Fresh off the press, the updated November Circle Property Management rental statistics report for Fairfax County. We did see a spike in properties rented in November which could be due to the Government shut down catching up as people who were in the middle of a transfer were halted till the budget was approved.  The average days ...

October Rental Market Statistics are hot off the press.  October total properties rented in Fairfax Virginia were down from last year with a one month drop of 13%. (Larger than usual)  We attribute the October drop to the Government shutdown bringing all Government relocation's to a temporary stop. We did see a spike in la...