February 2010 Market Statistics
Mar-11-2010 By Sarah Stelmok
Fredericksburg City:
- 161 days on market – this is 5 days less more in February 2009
- Sellers received, on average, 89.36% of their list price when the home sold
- There is 15.4 months of inventory on the market
- 11 homes sold in February 2010 – this is 1 less than in February 2009
- The most popular price range was $150,000-$199,999 and $250,000-$299,999.
- The median sold price was $213,900, compared to $208,950 in February 2009
- Financing Terms: Conventional – 3, FHA – 3, VA – 1, Cash – 4
Orange County
- 203 days on market – this is 8 days more than in February 2009
- Sellers received, on average, 78.80% of their list price when the home sold
- There is 24.3 months of inventory on the market
- 15 homes sold in February 2010 – this is 8 less than February 2009
- The most popular price ranges were $120,000-$139,999 and $300,000-$399,999.
- The median sold price was $180,000, compared to $177,500 in February 2009
- Financing Terms: Conventional – 2, FHA – 3, VA – 1, Assumption – 1, Cash – 5, Other – 3
Spotsylvania County
- 66 days on market – this is 52 less than February 2009
- Sellers received, on average, 93.07% of their list price when the home sold
- There is 8.2 months inventory on the market
- 103 homes sold in February 2010 – this is 2 less than in February 2009
- The most popular price range was $160,000-$179,999
- The median sold price was $175,000, compared to $184,500 in February 2009
- Financing Terms: Conventional – 26, FHA – 38, VA – 19, Cash – 15, Assumption – 5
Stafford County
- 62 days on market – this is 58 less than February 2009
- Sellers received, on average, 91.19% of their list price when the home sold
- There is 8.1 months inventory on the market
- 95 homes sold in February 2010 - this is 31 less than in February 2009
- The most popular price range was $300,000-$399,999
- The median sold price was $235,000, compared to $220,000 in February 2009
- Financing Terms: Conventional – 23, FHA – 15, VA – 34, Cash – 18, Assumption – 4, Other – 1
Prince William County
- 44 days on market – this is 49 less than February 2009
- Sellers received, on average, 96.70% of their list price when the home sold
- There is 6.49 months inventory on the market
- 423 homes sold in February 2010 - this is 292 less than in February 2009
- The most popular price range was $300,000-$399,999
- The median sold price was $215,000, compared to $169,500 in February 2009
- Financing Terms: Conventional – 126, FHA – 150, VA – 63, Assumption – 7, Cash – 76, Other – 1
All data provided by MRIS.







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