April 2010 Market Statistics

Jun-9-2010 By Sarah Stelmok

Fredericksburg City:

  • 122 days on market – this is 27 days more than in April 2009
  • Sellers received, on average, 81.77% of their list price when the home sold
  • There is 9.27 months of inventory on the market
  • 18 homes sold in April 2010 – this is 5 more than in April 2009
  • The most popular price range was $200,000-$249,999.   
  • The median sold price was $222,000, compared to $210,000 in April 2009
  • Financing Terms:  Conventional – 9, FHA – 3, Cash – 6

Orange County

  • 165 days on market – this is 25 days less than in April 2009
  • Sellers received, on average, 88.66% of their list price when the home sold
  • There is 12.16 months of inventory on the market
  • 31 homes sold in April 2010 – this is 12 more than April 2009
  • The most popular price ranges were $180,000-$199,999 and $300,000-$399,999.
  • The median sold price was $175,000, compared to $195,000 in April 2009 
  • Financing Terms:  Conventional – 12, FHA – 10, VA – 3, Assumption – 2, Cash – 4

Spotsylvania County

  • 66 days on market – this is 25 less than April 2009
  • Sellers received, on average, 93.60% of their list price when the home sold
  • There is 6.42 months inventory on the market
  • 146 homes sold in April 2010 – this is 9 less than in April 2009 
  • The most popular price range was $200,000-$249,999
  • The median sold price was $191,750, compared to $174,900 in April 2009 
  • Financing Terms:  Conventional – 26, FHA – 59, VA – 26, Cash – 26, Assumption – 4, Other – 5

Stafford County

  • 78 days on market – this is 35 less than April 2009
  • Sellers received, on average, 92.70% of their list price when the home sold
  • There is 6.16 months inventory on the market
  • 144 homes sold in April 2010 - this is 15 more than in April 2009 
  • The most popular price range was $300,000-$399,999
  • The median sold price was $240,975, compared to $219,900 in April 2009 
  • Financing Terms:  Conventional – 27, FHA – 51, VA – 42, Cash – 14, Assumption – 10

Prince William County

  • 40 days on market – this is 47 less than April 2009 
  • Sellers received, on average, 96.90% of their list price when the home sold
  • There is 4.35 months inventory on the market
  • 708 homes sold in April 2010 - this is 137 less than in April 2009
  • The most popular price range was $200,000-$249,999
  • The median sold price was $235,000, compared to $168,000 in April 2009
  • Financing Terms:  Conventional – 155, FHA – 321, VA – 104, Assumption – 17, Cash – 105, Other – 5, Seller Financing – 1

All data provided by MRIS.

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