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 on market still remains stubbornly high, taking 45 days to rent a property a 23% increase over October.
On the market as of today there is 1108 rentals available in Fairfax county which is roughly a 2 month supply. Despite the time to rent a property the numbers still look good for closing out 2013. On average we are ahead of last year......
View the Full Report: http://www.circlepm.com/Market%20Comparison%20Report%20Nov%202013.pdf
About The Author
Eric Guggenheimer - SFR, ARM ® » Principal Broker, Certified Property Manager, IREM, ARM, NARPM, NVAR, NAR, VAR
