Absorptionratesapril

12
Absorption Months to absorb current inventory at current sales rate. Apr-10 Newport Smithfield/ York/ South North News Isle of Wight Poquoson Va. Beach Va. Beach 150-200 9.0 12.2 8.8 8.9 11.7 12.9 12.1 8.3 7.4 8.0 201-250 7.4 13.2 13.0 10.7 12.2 17.8 8.5 8.0 6.7 8.8 251-300 10.2 18.0 14.5 12.5 22.9 19.9 11.9 12.8 6.5 8.9 301-350 14.3 16.0 9.1 18.7 23.0 19.0 10.6 12.6 9.6 10.4 351-400 20.5 23.0 15.2 35.1 27.0 15.8 20.9 20.5 12.7 14.1 401-450 13.7 22.4 10.5 33.0 * 13.6 19.7 15.3 16.9 14.6 451-500 16.5 24.6 60.0 * 9.0 26.4 16.4 26.7 13.9 27.9 501-550 23.5 54.0 * * 16.0 12.0 25.0 32.7 15.5 551-600 49.2 27.4 24.0 6.0 * 14.4 26.0 9.8 49.5 37.2 601-700 64.0 28.4 36.0 * 24.0 66.0 39.0 28.5 61.7 27.0 701-800 24.0 75.0 42.0 * * * 27.0 18.0 24.8 18.5 801-900 * 96.0 * * * * * 30.0 60.0 24.5 901-1000 * 78.0 * * * * 18.0 12.0 * 32.0 1001+ * 69.0 30.0 48.0 * 30.0 * 10.8 40.5 34.7 * No Sold Properties Current Inventory as of 4/30/2010 Newport Smithfield/ York/ South North News Isle of Wight Poquoson Va. Beach Va. Beach 150-200 368 495 267 343 253 41 161 58 386 252 201-250 310 256 218 284 150 80 149 84 420 203 251-300 276 183 116 135 80 63 195 92 273 164 301-350 302 96 38 56 23 57 110 67 176 126 351-400 290 96 38 41 9 42 80 82 146 155 401-450 155 56 7 22 10 25 46 46 104 73 451-500 88 41 10 8 3 22 30 49 65 79 501-550 43 36 5 7 5 8 16 25 49 44 551-600 41 32 8 1 5 12 13 26 66 62 601-700 32 52 6 4 4 11 26 19 72 99 701-800 12 25 7 1 1 5 9 9 33 71 801-900 10 16 1 1 1 4 14 10 20 53 901-1000 4 13 1 1 1 2 3 2 9 32 1001+ 12 23 5 8 1 5 18 9 33 148 Suffolk Suffolk Norfolk Portsmouth Portsmouth Hampton Hampton Chesapeake Price Range ($000's) Chesapeake Norfolk Price Range ($000's)

Transcript of Absorptionratesapril

Page 1: Absorptionratesapril

Absorption Months to absorb current inventory at current sales rate. Apr-10

Newport Smithfield/ York/ South North

News Isle of Wight Poquoson Va. Beach Va. Beach

150-200 9.0 12.2 8.8 8.9 11.7 12.9 12.1 8.3 7.4 8.0

201-250 7.4 13.2 13.0 10.7 12.2 17.8 8.5 8.0 6.7 8.8

251-300 10.2 18.0 14.5 12.5 22.9 19.9 11.9 12.8 6.5 8.9

301-350 14.3 16.0 9.1 18.7 23.0 19.0 10.6 12.6 9.6 10.4

351-400 20.5 23.0 15.2 35.1 27.0 15.8 20.9 20.5 12.7 14.1

401-450 13.7 22.4 10.5 33.0 * 13.6 19.7 15.3 16.9 14.6

451-500 16.5 24.6 60.0 * 9.0 26.4 16.4 26.7 13.9 27.9

501-550 23.5 54.0 * * 16.0 12.0 25.0 32.7 15.5

551-600 49.2 27.4 24.0 6.0 * 14.4 26.0 9.8 49.5 37.2

601-700 64.0 28.4 36.0 * 24.0 66.0 39.0 28.5 61.7 27.0

701-800 24.0 75.0 42.0 * * * 27.0 18.0 24.8 18.5

801-900 * 96.0 * * * * * 30.0 60.0 24.5

901-1000 * 78.0 * * * * 18.0 12.0 * 32.0

1001+ * 69.0 30.0 48.0 * 30.0 * 10.8 40.5 34.7

* No Sold Properties

Current Inventory as of 4/30/2010

Newport Smithfield/ York/ South North

News Isle of Wight Poquoson Va. Beach Va. Beach

150-200 368 495 267 343 253 41 161 58 386 252

201-250 310 256 218 284 150 80 149 84 420 203

251-300 276 183 116 135 80 63 195 92 273 164

301-350 302 96 38 56 23 57 110 67 176 126

351-400 290 96 38 41 9 42 80 82 146 155

401-450 155 56 7 22 10 25 46 46 104 73

451-500 88 41 10 8 3 22 30 49 65 79

501-550 43 36 5 7 5 8 16 25 49 44

551-600 41 32 8 1 5 12 13 26 66 62

601-700 32 52 6 4 4 11 26 19 72 99

701-800 12 25 7 1 1 5 9 9 33 71

801-900 10 16 1 1 1 4 14 10 20 53

901-1000 4 13 1 1 1 2 3 2 9 32

1001+ 12 23 5 8 1 5 18 9 33 148

Suffolk

Suffolk

Norfolk

Portsmouth

PortsmouthHampton

Hampton

Chesapeake

Price Range ($000's) Chesapeake Norfolk

Price Range ($000's)

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Price Range Active Listings Sold Properties Transactions Months to Absorb

($000's) 11/1/09-4/30/10 Per Month

150-200 2624 1675 279.2 9.4

201-250 2154 1411 235.2 9.2

251-300 1577 881 146.8 10.7

301-350 1051 507 84.5 12.4

351-400 979 332 55.3 17.7

401-450 544 201 33.5 16.2

451-500 395 117 19.5 20.3

501-550 238 58 9.7 24.6

551-600 266 57 9.5 28.0

601-700 325 54 9.0 36.1

701-800 173 42 7.0 24.7

801-900 130 18 3.0 43.3

901-1000 68 9 1.5 45.3

1001+ 262 33 5.5 47.6

Total Absorption Rate All Areas for Apr 2010

0.0

10.0

20.0

30.0

40.0

50.0

60.0

Months to Absorb

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Price Range Active Listings Sold Properties Transactions Months to Absorb

($000's) 11/1/09-4/30/10 Per Month

150-200 368 244 40.7 9.0

201-250 310 251 41.8 7.4

251-300 276 163 27.2 10.2

301-350 302 127 21.2 14.3

351-400 290 85 14.2 20.5

401-450 155 68 11.3 13.7

451-500 88 32 5.3 16.5

501-550 43 11 1.8 23.5

551-600 41 5 0.8 49.2

601-700 32 3 0.5 64.0

701-800 12 3 0.5 24.0

801-900 10 0 0.0

901-1000 4 0 0.0

1001+ 12 0 0.0

Chesapeake (Area 31, 32, and 33)

Absorption Rates Apr 2010

0.0

10.0

20.0

30.0

40.0

50.0

60.0

70.0

Months to Absorb

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Price Range Active Listings Sold Properties Transactions Months to Absorb

($000's) 11/1/09-4/30/10 Per Month

150-200 495 243 40.5 12.2

201-250 256 116 19.3 13.2

251-300 183 61 10.2 18.0

301-350 96 36 6.0 16.0

351-400 96 25 4.2 23.0

401-450 56 15 2.5 22.4

451-500 41 10 1.7 24.6

501-550 36 4 0.7 54.0

551-600 32 7 1.2 27.4

601-700 52 11 1.8 28.4

701-800 25 2 0.3 75.0

801-900 16 1 0.2 96.0

901-1000 13 1 0.2 78.0

1001+ 23 2 0.3 69.0

Norfolk (Area 11, 12, and 13)

Absorption Rates Apr 2010

0.0

20.0

40.0

60.0

80.0

100.0

120.0Months to Absorb

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Price Range Active Listings Sold Properties Transactions Months to Absorb

($000's) 11/1/09-4/30/10 Per Month

150-200 267 182 30.3 8.8

201-250 218 101 16.8 13.0

251-300 116 48 8.0 14.5

301-350 38 25 4.2 9.1

351-400 38 15 2.5 15.2

401-450 7 4 0.7 10.5

451-500 10 1 0.2 60.0

501-550 5 0 0.0

551-600 8 2 0.3 24.0

601-700 6 1 0.2 36.0

701-800 7 1 0.2 42.0

801-900 1 0 0.0

901-1000 1 0 0.01001+ 5 1 0.2 30.0

Hampton (Areas 101-105)

Absorption Rates Apr 2010

0.0

10.0

20.0

30.0

40.0

50.0

60.0

70.0

150-200 201-250 251-300 301-350 351-400 401-450 451-500 501-550 551-600 601-700

Months to Absorb

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Price Range Active Listings Sold Properties Transactions Months to Absorb

($000's) 11/1/09-4/30/10 Per Month

150-200 343 231 38.5 8.9

201-250 284 160 26.7 10.7

251-300 135 65 10.8 12.5

301-350 56 18 3.0 18.7

351-400 41 7 1.2 35.1

401-450 22 4 0.7 33.0

451-500 8 0 0.0

501-550 7 0 0.0

551-600 1 1 0.2 6.0

601-700 4 0 0.0

701-800 1 0 0.0

801-900 1 0 0.0

901-1000 1 0 0.01001+ 8 1 0.2 48.0

Newport News (Areas 106-110)

Absorption Rates Apr 2010

0.0

5.0

10.0

15.0

20.0

25.0

30.0

35.0

40.0

150-200 201-250 251-300 301-350 351-400 401-450 451-500 501-550 551-600 601-700

Months to Absorb

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Price Range Active Listings Sold Properties Transactions Months to Absorb

($000's) 11/1/09-4/30/10 Per Month

150-200 253 130 21.7 11.7

201-250 150 74 12.3 12.2

251-300 80 21 3.5 22.9

301-350 23 6 1.0 23.0

351-400 9 2 0.3 27.0

401-450 10 0 0.0

451-500 3 2 0.3 9.0

501-550 5 0 0.0

551-600 5 0 0.0

601-700 4 1 0.2 24.0

701-800 1 0 0.0

801-900 1 0 0.0

901-1000 1 0 0.01001+ 1 0 0.0

Portsmouth ( Area 21, 22)

Absorption Rates Apr 2010

0.0

5.0

10.0

15.0

20.0

25.0

30.0Months to Absorb

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Price Range Active Listings Sold Properties Transactions Months to Absorb

($000's) 11/1/09-4/30/10 Per Month

150-200 41 19 3.2 12.9

201-250 80 27 4.5 17.8

251-300 63 19 3.2 19.9

301-350 57 18 3.0 19.0

351-400 42 16 2.7 15.8

401-450 25 11 1.8 13.6

451-500 22 5 0.8 26.4

501-550 8 3 0.5 16.0

551-600 12 5 0.8 14.4

601-700 11 1 0.2 66.0

701-800 5 0 0.0

801-900 4 0 0.0

901-1000 2 0 0.01001+ 5 1 0.2 30.0

Smithfield-Isle of Wight (Areas 64-66)

Absorption Rates Apr 2010

0.0

10.0

20.0

30.0

40.0

50.0

60.0

70.0Months to Absorb

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Price Range Active Listings Sold Properties Transactions Months to Absorb

($000's) 11/1/09-4/30/10 Per Month

150-200 161 80 13.3 12.1

201-250 149 105 17.5 8.5

251-300 195 98 16.3 11.9

301-350 110 62 10.3 10.6

351-400 80 23 3.8 20.9

401-450 46 14 2.3 19.7

451-500 30 11 1.8 16.4

501-550 16 8 1.3 12.0

551-600 13 3 0.5 26.0

601-700 26 4 0.7 39.0

701-800 9 2 0.3 27.0

801-900 14 0 0.0

901-1000 3 1 0.2 18.01001+ 18 0 0.0

Suffolk (Areas 61-63)

Absorption Rates Apr 2010

0.0

5.0

10.0

15.0

20.0

25.0

30.0

35.0

40.0

45.0

Months to Absorb

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Price Range Active Listings Sold Properties Transactions Months to Absorb

($000's) 11/1/09-4/30/10 Per Month

150-200 58 42 7.0 8.3

201-250 84 63 10.5 8.0

251-300 92 43 7.2 12.8

301-350 67 32 5.3 12.6

351-400 82 24 4.0 20.5

401-450 46 18 3.0 15.3

451-500 49 11 1.8 26.7

501-550 25 6 1.0 25.0

551-600 26 16 2.7 9.8

601-700 19 4 0.7 28.5

701-800 9 3 0.5 18.0

801-900 10 2 0.3 30.0

901-1000 2 1 0.2 12.01001+ 9 5 0.8 10.8

York, Poquoson ( Area 111-113 )

Absorption Rates Apr 2010

0.0

5.0

10.0

15.0

20.0

25.0

30.0

35.0

Months to Absorb

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Price Range Active Listings Sold Properties Transactions Months to Absorb

($000's) 11/1/09-4/30/10 Per Month

150-200 386 314 52.3 7.4

201-250 420 376 62.7 6.7

251-300 273 252 42.0 6.5

301-350 176 110 18.3 9.6

351-400 146 69 11.5 12.7

401-450 104 37 6.2 16.9

451-500 65 28 4.7 13.9

501-550 49 9 1.5 32.7

551-600 66 8 1.3 49.5

601-700 72 7 1.2 61.7

701-800 33 8 1.3 24.8

801-900 20 2 0.3 60.0

901-1000 9 0 0.0

1001-2000 27 4 0.7 40.52001+ 6 0 0.0

South Virginia Beach ( Areas 44-48)Absorption Rates Apr 2010

0.0

10.0

20.0

30.0

40.0

50.0

60.0

70.0

Months to Absorb

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Price Range Active Listings Sold Properties Transactions Months to Absorb

($000's) 11/1/09-4/30/10 Per Month

150-200 252 190 31.7 8.0

201-250 203 138 23.0 8.8

251-300 164 111 18.5 8.9

301-350 126 73 12.2 10.4

351-400 155 66 11.0 14.1

401-450 73 30 5.0 14.6

451-500 79 17 2.8 27.9

501-550 44 17 2.8 15.5

551-600 62 10 1.7 37.2

601-700 99 22 3.7 27.0

701-800 71 23 3.8 18.5

801-900 53 13 2.2 24.5

901-1000 32 6 1.0 32.0

1001-2000 110 19 3.2 34.72001+ 38 3 0.5 76.0

North Virginia Beach ( Areas 41-43)

Absorption Rates Apr 2010

0.0

10.0

20.0

30.0

40.0

50.0

60.0

70.0

80.0Months to Absorb