Market

Learn more about the current state of Tysons’ real estate market across the office, residential, retail, and hospitality sectors.

Office

Office

29.5M

Office Inventory SF

This metric shows the total square footage of existing office space in Tysons. Source: CoStar, Tysons Tracker

Office

4.3M

Total Office SF delivered since 2010

This metric shows the square footage of office space delivered in Tysons since the adoption of the 2010 Tysons Comprehensive Plan. Source: Tysons Tracker, TCA Development Pipeline

Office

21.4M

Maximum Approved Office SF

This metric shows the total square footage of office space approved and unbuilt in Tysons by either CDP, FDP or Site Plan. Source: Tysons Development Pipeline

Office

16%

% Office Inventory that is Trophy

This metric shows the percentage of office space in Tysons that is Trophy quality. Source: Stream Realty Partners

Employment


Annual Employee Visits

Employment


Monthly Employee Visits (Previous 12 Months)

Office

20%

Office Vacancy

This metric shows the most recent quarterly average office vacancy rate in Tysons. Source: CoStar

Office

$37.77

Avg. Market Asking Rent/SF

This metric shows the average asking rent for a square foot of office space in Tysons. Source: CoStar

Office

14%

Trophy Office Vacancy

This metric shows the average vacancy rate for a square foot of Trophy quality office space in Tysons. Source: Stream Realty Partners

Office

$63.83

Trophy Office Avg. Asking Rent/SF

This metric shows the average market asking rent for a square foot of Trophy quality office space in Tysons. Source: Stream Realty Partners

Office

-27.8K

Net Absorption SF

This metric shows the total net change in office square footage leased by tenants in Tysons in the last quarter. Source: Stream

Office

$161

Avg. Market Sales Price/SF

This metric shows the average annual sales price for a square foot of office space in Tysons. Source: CoStar

Residential

Residential

19.8M

Residential Inventory SF

This metric shows the total residential square footage in Tysons. Source: Tysons Tracker

Residential

16k

Residential Inventory Units

This metric shows the total number of existing housing units in Tysons. Source: Tysons Tracker

Residential

1.2M

Residential SF Under Construction

This metric shows the total square footage of residential space under construction in Tysons. Source: TCA Development Pipeline

Residential

1,058

Units Under Construction

This metric shows the total number of housing units under construction in Tysons. Source: TCA Development Pipeline

Residential

92%

Units Under Construction that are Affordable (%)

This metric shows the percentage of housing units under construction in Tysons that are affordable. Source: TCA Development Pipeline

Demographic

32K

Total Population

This metric shows the estimated current total population within the Tysons CDP boundary. This estimate utilizes the most recent census data and projects growth to the current year (2025). Source: Data Axle (via Esri)

Residential

93%

Residential Occupancy

This metric shows the most recent quarterly average residential occupancy rate in Tysons. Source: CoStar

Residential

$2.99

Avg. Market Asking Rent per SF

This metric shows the most recent quarterly average rent per square foot for a multi-family residential unit in Tysons. Source: CoStar

Residential


Distribution of Existing Units

Residential


Percent Owned and Rented Units

Residential

8M

Total SF of Residential Delivered since 2010

This metric shows the square footage of residential delivered in Tysons since the adoption of the 2010 Comprehensive Plan. Source: Tysons Tracker, TCA Development Pipeline

Demographic

4.6%

Projected Avg. Annual Pop. Growth 2023-30

This metric shows the projected average annualized population growth of Tysons between 2023 and 2030. Source: Fairfax co. / 2023 Market Study

Retail

Retail

6.1M

Retail Inventory SF

This metric shows the total square footage of existing retail space in Tysons. Source: Tysons Tracker

Retail

10K

Retail SF Under Construction

This metric shows the total square footage of retail space under construction in Tysons. Source: TCA Development Pipeline

Retail

$44.32

Avg. Market Asking Rent per SF

This metric shows the average asking rent for a square foot of retail space in Tysons in the most recent quarter. Source: CoStar

Retail

2.4%

Retail Vacancy

This metric shows the most recent quarterly average retail vacancy rate in Tysons. Source: CoStar

Retail


Annual Visits

Retail


Monthly Visits (Previous 12 Months)

Retail

65%

Origin of Retail Spending

of the $2.4B spent in Tysons emanates from visitors.
This metric shows the percentage of retail sales in Tysons that are generated by visitors. Source: Claritas

Economy

8%

Share of Fairfax County's Total Sales Tax Revenue

This metric shows the percentage of Fairfax County's sales tax revenues that are generated within Tysons. Source: 2024 Net Fiscal Impact Analysis

Retail

309

Total Retail Stores

This metric shows the number of clothing, furniture, electronic, sport/hobby, general merchandise, garden and other misc. retail locations in Tysons as of Q3 2025. Source: CoStar

Retail

160

Total Restaurants & Bars

This metric shows the number of restaurants (dine-in & fast food) and bars in Tysons as of Q3 2025. Source: CoStar

Retail

45

Total Entertainment Venues

This metric shows the number of movie theatres, gym/sports facilities, spas, hobby stores, performing arts facilities, book stores, and bowling alleys in Tysons as of Q3 2025. Source: CoStar

Retail

6

Total Grocery Stores

This metric shows the number of grocery stores in Tysons in 2025. Source: CoStar/ TCA

Retail

108%

Retail Recovery Index

Compared to Q4 2019
This metric shows the composite average percentage change in visits to Tysons retail locations between the most recent quarter and the same quarter baseline in 2019. 100% represents the same number of visits this year as 2019, while anything above represents an increase or below a decline. Source: Placer.ai

Hospitality

Hotel

16

Hotel Inventory

This metric shows the current number of operating hotels in Tysons. Source: CoStar

Hotel

3.9K

Number of Hotel Rooms

This metric shows the total number of hotel rooms in Tysons. Source: CoStar

Hotel

94K

Existing Meeting Space SF

This metric shows the total square footage of convening spaces in Tysons. Source: Kalibri Labs

Hotel

67%

Average Occupancy

This metric shows the most recent quarterly average occupancy rate of all hotels in Tysons. Source: Kalibri Labs

Hotel


Percentage of Hotel Revenues by Type

Hotel

$198.38

Average ADR per night

This metric shows the most recent quarterly average daily rate for all hotel rooms in Tysons. Source: Kalibri Labs

Hotel

$132.87

Average RevPAR

This metric shows the most recent quarterly average revenue per available room rate for all hotels in Tysons. Source: Kalibri Labs

Hotel

360.2K

Over-Night Trips

This metric comes from the Placer domestic travel and tourism report. Overnight trips counts the total number of separate overnight trips (i.e. trips that include 1 or more overnight stays) made to Tysons within the selected timeframe, including multiple visits by the same person (so long as the multiple visits are in separate months; Multiple visits by the same person within a given month will be counted as 1 visit). Overnight Trips are counted for visitors whose home location is at least 10 miles away Source: Placer.ai

Hotel

+3.2%

Over-Night Trips YoY Change

Placer's overnight trips counts the total number of separate overnight trips (i.e. trips that include 1 or more overnight stays) made to Tysons, including multiple visits by the same person. Overnight Trips are counted for visitors whose home location is at least 10 miles away. This metric shows the % change in overnight visits compared to the same timeframe from the previous year. Source: Placer.ai

Hotel

+45%

Covid-19 Hotel Occupancy Recovery

Since 2021
This metric shows the percent increase in annual average hotel occupancy rate in Tysons for 2024 compared to the 2021 annual average, the lowest occupancy rate year as a result of the covid-19 pandemic. Source: CoStar