July 2008 Market Statistics
Fredericksburg City -
· 171 days on market – this is 95 days more than in July 2007
· Sellers received, on average, 90.91% of their list price when the home sold
· There are 7.73 months inventory on the market
· 22 homes sold in August 2008, this is 5 less than in July 2007
· The most popular price range was $300,000-$399,999
· The average sales price was $360,436, compared to $300,025 in July 2007
Orange County
- 165 days on market – this is 33 days more than in July 2007
- Sellers received, on average, 85.27% of their list price when the home sold
- There are 21.04 months inventory on the market
- 26 homes sold in August 2008, this is 12 less than in August 2007
- The most popular price range was $200,000-$249,999
- The average sales price was $237,462, compared to $302,788 in July 2007
Spotsylvania County
- 143 days on market- this is 32 days less than in July 2007
- Sellers received, on average, 88.51% of their list price when the home sold
- There are 10.13 months inventory on the market
- The most popular price range was $250,000-$299,999
- The average sales price was $272,725, compared to $336,537 in July 2007
Stafford County
- 107 days on market – this is 9 days less than in July 2007
- Sellers received, on average, 89.89% of their list price when the home sold
- There are 8.52 months inventory on the market
- The most popular price range was $300,000-$399,999
- The average sales price was $287,918, compared to $367,920 in July 2007
Prince William County
- 112 days on market – this is 3 more than in July 2007
- Sellers received, on average, 90.30% of their list price when the home sold
- There are 6.02 months inventory on the market
- The most popular price range was $300,000-$399,999
- The average sales price was $255,185, compared to $407,363 in July 2007
