Fredericksburg City:

• 58 days on market – this is 24 days less than in December 2008
• Sellers received, on average, 91.82% of their list price when the home sold
• There is 8.83 months of inventory on the market
• 18 homes sold inDecember 2009 – this is 8 more than in December 2008
• The most popular price range was $350,000-$399,999.   
• The median sold price was $279,923, compared to $306,134 in December 2008
• Financing Terms:  Conventional – 3, FHA – 8, VA – 2, Cash – 4, Assumption – 1

Orange County

• 157 days on market – this is 55 days more than in December 2008
• Sellers received, on average, 91.27% of their list price when the home sold
• There is 15 months of inventory on the market
• 23 homes sold in December 2009 – this is 2 more than December 2008
• The most popular price ranges were $120,000-$159,999.
• The median sold price was $143,900, compared to $183,950 in December 2008 
• Financing Terms:  Conventional – 7, FHA – 5, Assumption – 2, Cash – 6, Seller Financing – 1, Other – 1

Spotsylvania County

• 97 days on market – this is 14 less than December 2008 
• Sellers received, on average, 90.01% of their list price when the home sold
• There is 6.43 months inventory on the market
• 130 homes sold in December 2009 – this is 9 more than in December 2008 
• The most popular price range was $300,000-$399,999
• The median sold price was $188,250, compared to $198,000 in December 2008 
• Financing Terms:  Conventional – 36, FHA – 37, VA – 27, Cash – 18

Stafford County

• 63 days on market – this is 57 less than December 2008 
• Sellers received, on average, 94.06% of their list price when the home sold
• There is 6.59 months inventory on the market
• 116 homes sold in December 2009 - this is 23 less than in December 2008 
• The most popular price range was $250,000-$299,999
• The median sold price was $229,950, compared to $228,000 in December 2008 
• Financing Terms:  Conventional – 35, FHA – 34, VA – 33, Assumption – 4, Cash – 8, Other – 2,

Prince William County

• 36 days on market – this is 71 less than December 2008 
• Sellers received, on average, 96.27% of their list price when the home sold
• There is 4.55 months inventory on the market
• 578 homes sold in December 2009 - this is 418 less than in December 2008
• The most popular price range was $300,000-$399,999
• The median sold price was $220,000, compared to $165,000 in December 2008
• Financing Terms:  Conventional – 143, FHA – 225, VA – 100, Assumption – 23 Cash – 83, Seller Financing – 1, Other – 3

All data provided by MRIS.