January 2010 Market Statistics
Fredericksburg City:
- 76 days on market – this is 121 days less than in January 2009
- Sellers received, on average, 93.32% of their list price when the home sold
- There is 13.1 months of inventory on the market
- 12 homes sold in January 2010 – this is 2 less than in January 2009
- The most popular price range was $250,000-$349,999.
- The median sold price was $257,500, compared to $217,500 in January 2009
- Financing Terms: Conventional – 5, FHA – 3, VA – 3, Cash – 1
Orange County
- 127 days on market – this is 26 days less than in January 2009
- Sellers received, on average, 90.00% of their list price when the home sold
- There is 14.83 months of inventory on the market
- 23 homes sold in January 2010 – this is 11 more than January 2009
- The most popular price ranges were $180,000-$199,999.
- The median sold price was $187,500, compared to $182,500 in January 2009
- Financing Terms: Conventional – 11, FHA – 7, Assumption – 3, Cash – 1
Spotsylvania County
- 67 days on market – this is 68 less than January 2009
- Sellers received, on average, 90.73% of their list price when the home sold
- There is 8.19 months inventory on the market
- 102 homes sold in January 2010 – this is 17 more than in January 2009
- The most popular price range was $200,000-$249,999
- The median sold price was $198,000, compared to $207,900 in January 2009
- Financing Terms: Conventional – 24, FHA – 36, VA – 14, Cash – 23, Assumption – 2
Stafford County
- 69 days on market – this is 75 less than January 2009
- Sellers received, on average, 93.94% of their list price when the home sold
- There is 9.10 months inventory on the market
- 86 homes sold in January 2010 - this is 5 less than in January 2009
- The most popular price range was $200,000-$249,999
- The median sold price was $228,000, compared to $232,000 in January 2009
- Financing Terms: Conventional – 16, FHA – 33, VA – 21, Cash – 13, Other – 3
Prince William County
- 41 days on market – this is 62 less than January 2009
- Sellers received, on average, 97.68% of their list price when the home sold
- There is 6.02 months inventory on the market
- 398 homes sold in January 2010 - this is 249 less than in January 2009
- The most popular price range was $300,000-$399,999
- The median sold price was $224,950, compared to $175,900 in January 2009
- Financing Terms: Conventional – 109, FHA – 148, VA – 57, Assumption – 10, Cash – 65, Seller Financing – 2, Other – 7
All data provided by MRIS.
