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Circle Stats

March Rental Statistics

Eric Guggenheimer - Sunday, March 31, 2013
The March RENTAL numbers look in-line with previous years. We have seen one positive improvement year over year with some small declines in average units rented and average days on market. Year over Year Average rent up 6% 2013: ($2143 vs. $2018) + Year over Year Average days on market up 25% 2013: (36 vs....

How does the market compare to Last Year?

Eric Guggenheimer - Tuesday, March 5, 2013
Like most years the statistics bare out the seasonality of the market with demand for rentals declining in January and a gradual improvement in February and improving with the season. I have attached a new chart for comparison. This new chart shows the previous year rental statistics for comparison and leaves out the s...

February Rental Statistics are Mixed

Eric Guggenheimer - Thursday, February 28, 2013
February is a mixed bag. While the Days On Market have improved from 41 days to 33 days which is a excellent sign but the average rent has declined from $2106 to $2053. We had a small decline in the total units rented from 433 to 429 which falls in line with the month of February. It's still to early to make any predictions on t...

What's the Market Doing

Eric Guggenheimer - Thursday, February 28, 2013
Despite the constant drum beat from Capitol Hill we see demand for housing quite strong. Rents seem to be in decline but compared to most years this looks like a seasonal event more associated with time and weather rather than economic. Although its hard to predict any market movement so early in the year my comparison chart mig...

Rent Growth Expected To Decelerate

Eric Guggenheimer - Wednesday, February 20, 2013
Apartment Rent Growth Expected To Decelerate In Top Markets Ahead of New Supply Wave. We are starting to see similar pressure in the single family rental market. The demand has slowed for Single Family, TH and Condos in 2013 as evidenced in our latest report with 41 average days on market in January 2013 compared to January...

Revised Rental Statistic Report January 2013

Eric Guggenheimer - Wednesday, February 6, 2013
We revised Rental Market report to include Closed Sales which gives another data point to compare against. This report reveals trends in Rentals correlate to Sales to some degree. The market looks balanced overall but we will have to see how these trends progress though out the year. It we start to see a divergence in the ...

Hot Off the Press 2012 Rental Statistics

Eric Guggenheimer - Tuesday, February 5, 2013
Hot off the press Circle's 2012 market rental report. We published three year-end charts for the rental Market in Fairfax county. In order to be well informed about market trends we track Days on Market, Average Monthly Rental Prices and Units Rented.  Days on Market is our...

January 2013 Rental Statistics

Eric Guggenheimer - Tuesday, February 5, 2013
Slightly Weaker but still a good Rental Market. The rental market does show some weakness compared to January 2012 but the good news is demand is still excellent and the rents are 2% higher then the same time last year. 2012 - $2061 Average Rent 2013 - $2106 Average Rent The average days on Market has added 6 more days to the...

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