September 2009 Market Statistics
Fredericksburg City:
- 133 days on market – this is 40 days more than in September 2008
- Sellers received, on average, 84.67% of their list price when the home sold
- There is 8.89 months of inventory on the market
- 19 homes sold in September 2009 – this is 8 more than in September 2008
- The most popular price range was $250,000-$299,999.
- The median sold price was $250,000, compared to $258,000 in September 2008
- Financing Terms: Conventional – 13, FHA – 1, VA – 1, Assumption – 1, Cash – 3
Orange County
- 114 days on market – this is 60 days less than in September 2008
- Sellers received, on average, 88.92% of their list price when the home sold
- There is 13.09 months of inventory on the market
- 32 homes sold in September 2009 – this is 2 more than in September 2008
- The most popular price ranges were $140,000-$159,999
- The median sold price was $159,000, compared to $213,450 in September 2008
- Financing Terms: Conventional – 7, FHA – 10, VA – 4, Assumption – 2, Cash – 7, Other – 2
Spotsylvania County
- 83 days on market – this is 40 less than September 2008
- Sellers received, on average, 93.24% of their list price when the home sold
- There is 6.42 months inventory on the market
- 140 homes sold in September 2009 – this is 21 less than in September 2008
- The most popular price range was $200,000-$249,999
- The median sold price was $193,500, compared to $225,000 in September 2008
- Financing Terms: Conventional – 38, FHA – 45, VA – 20, Assumption – 10, Cash – 26, Other Financing – 1
Stafford County
- 57 days on market – this is 59 less than September 2008
- Sellers received, on average, 95.22% of their list price when the home sold
- There is 5.50 months inventory on the market
- 145 homes sold in September 2009 - this is 4 less than in September 2008
- The most popular price range was $200,000-$249,999
- The median sold price was $220,000, compared to $250,000 in September 2008
- Financing Terms: Conventional – 37, FHA – 49, VA – 43, Assumption – 2, Other – 1, Cash – 13
Prince William County
- 50 days on market – this is 59 less than September 2008
- Sellers received, on average, 96.15% of their list price when the home sold
- There is 4.31 months inventory on the market
- 683 homes sold in September 2009 - this is 433 less than in September 2008
- The most popular price range was $300,000-$399,999
- The median sold price was $205,000, compared to $189,900 in September 2008
- Financing Terms: Conventional – 165, FHA – 260, VA – 106, Assumption – 24, Cash – 121, Other – 6, Seller Financing – 1
Statistics provided and calculated using data supplied by MRIS.
