Market Statistics July 2010
Fredericksburg City:
- 149 days on market – this is 85 days more than in July 2009
- Sellers received, on average, 93.48% of their list price when the home sold
- There is 12.08 months of inventory on the market
- 13 homes sold in July 2010 – this is 10 less than in July 2009
- The most popular price range was $250,000-$299,999.
- The median sold price was $283,250, compared to $218,000 in July 2009
- Financing Terms: Conventional – 7, FHA – 2, VA – 1, Cash – 3
Orange County
- 166 days on market – this is 11 days more than in July 2009
- Sellers received, on average, 85.94% of their list price when the home sold
- There is 14.81 months of inventory on the market
- 26 homes sold in July 2010 – this is 10 less than July 2009
- The most popular price ranges were $200,000-$249,999.
- The median sold price was $161,500, compared to $209,000 in July 2009
- Financing Terms: Conventional – 5, FHA – 10, VA – 4, Other – 2, Cash – 7
Spotsylvania County
- 68 days on market – this is 31 less than July 2009
- Sellers received, on average, 93.26% of their list price when the home sold
- There is 7.88 months inventory on the market
- 125 homes sold in July 2010 – this is 37 less than in July 2009
- The most popular price range was $200,000-$249,999
- The median sold price was $203,850, compared to $218,450 in July 2009
- Financing Terms: Conventional – 37, FHA – 40, VA – 33, Cash – 12, Other – 3
Stafford County
- 62 days on market – this is 12 less than July 2009
- Sellers received, on average, 94.43% of their list price when the home sold
- There is 5.77 months inventory on the market
- 154 homes sold in July 2010 - this is 2 less than in July 2009
- The most popular price range was $300,000-$399,999
- The median sold price was $242,500, compared to $238,250 in July 2009
- Financing Terms: Conventional – 28, FHA – 42, VA – 59, Cash – 17, Assumption – 1, Other – 6, Seller Financing – 1
Prince William County
- 39 days on market – this is 22 less than July 2009
- Sellers received, on average, 96.92% of their list price when the home sold
- There is 4.97 months inventory on the market
- 593 homes sold in July 2010 - this is 194 less than in July 2009
- The most popular price range was $200,000-$249,999
- The median sold price was $240,000, compared to $200,000 in July 2009
- Financing Terms: Conventional – 144, FHA – 234, VA – 95, Assumption – 12, Cash – 99, Other – 9
Caroline County
- 80 days on market – this is 53 less than July 2009
- Sellers received, on average, 91.90% of their list price when the home sold
- There is 11.43 months inventory on the market
- 30 homes sold in July 2010 - this is 15 less than in July 2009
- The most popular price range was $100,000-$119,999
- The median sold price was $127,950, compared to $134,000 in July 2009
- Financing Terms: Conventional – 10, FHA – 8, VA – 2, Cash – 9, Other – 1
All data provided by MRIS.











The 4th of July is a fantastic time to be in and around the Fredericksburg area. The rich Revolutionary War history and Fredericksburg’s part in masterminding and securing America’s freedom makes this our own special holiday. If you are looking for something to do this weekend, here is a list I’ve compiled.
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