August 2008 Market Statistics

Fredericksburg City -

• 108 days on market – this is 25 less days than in August 2007
• Sellers received, on average, 92.54% of their list price when the home sold
• There are 13.36 months inventory on the market
• 14 homes sold in August 2008, this is 7 more than in August 2007
• The most popular price range was $300,000-$399,999
• The average sales price was $263,298, compared to $352,273 in August 2007

Orange County

• 158 days on market – this is 54 days less than in August 2007
• Sellers received, on average, 87.44% of their list price when the home sold
• There are 16.87 months inventory on the market
• 31 homes sold in August 2008, this is 7 more than in August 2007
• The most popular price range was $200,000-$249,999
• The average sales price was $219,950, compared to $338,129 in August 2007

Spotsylvania County

• 117 days on market- this is 27 days less than in August 2007
• Sellers received, on average, 89.4% of their list price when the home sold 
• There are 8.31 months inventory on the market
• The most popular price range was $250,000-$299,999
• The average sales price was $262,389, compared to $314,311 in August 2007

Stafford County

• 107 days on market – this is 9 days less than in August 2007
• Sellers received, on average, 89.89% of their list price when the home sold
• There are 8.5 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 August 2007

Prince William County

• 111 days on market – this is 13 less than in August 2007
• Sellers received, on average, 90.4% of their list price when the home sold
• There are 5.77 months inventory on the market
• The most popular price range was $200,000-$249,999
• The average sales price was $251,384, compared to $395,233 in August 2007

Tags: Fredericksburg, Market, Real Estate, realtor, Sarah Stelmok, Statistics, Virginia