Fredericksburg City:

• 145 days on market – this is 21 days more than in May 2009
• Sellers received, on average, 80.7% of their list price when the home sold
• There is 11 months of inventory on the market
• 16 homes sold in May 2010 – this is 4 more than in May 2009
• The most popular price range was $250,000-$299,999.   
• The median sold price was $212,500, compared to $103,500 in May 2009
• Financing Terms:  Conventional – 4, FHA – 3, VA – 1, Cash – 8

Orange County

• 104 days on market – this is 50 days less than in May 2009
• Sellers received, on average, 88.54% of their list price when the home sold
• There is 14.21 months of inventory on the market
• 29 homes sold in May 2010 – this is 9 more than May 2009
• The most popular price ranges were $140,000-$159,999.
• The median sold price was $149,900, compared to $164,950 in May 2009 
• Financing Terms:  Conventional – 8, FHA – 13, VA – 2, Other – 2, Cash – 4

Spotsylvania County

• 85 days on market – this is 13 less than May 2009
• Sellers received, on average, 91.8% of their list price when the home sold
• There is 5.88 months inventory on the market
• 160 homes sold in May 2010 – this is 14 less than in May 2009 
• The most popular price range was $200,000-$249,999
• The median sold price was $196,500, compared to $202,500 in May 2009 
• Financing Terms:  Conventional – 31, FHA – 69, VA – 35, Cash – 16, Assumption – 3, Other – 6

Stafford County

• 61 days on market – this is 42 less than May 2009
• Sellers received, on average, 94.6% of their list price when the home sold
• There is 6.57 months inventory on the market
• 136 homes sold in May 2010 - this is 35 less than in May 2009 
• The most popular price range was $200,000-$249,999
• The median sold price was $247,400, compared to $245,000 in May 2009 
• Financing Terms:  Conventional – 21, FHA – 45, VA – 47, Cash – 15, Assumption – 6, Other – 2

Prince William County

• 32 days on market – this is 46 less than May 2009 
• Sellers received, on average, 96.97% of their list price when the home sold
• There is 4.13 months inventory on the market
• 714 homes sold in May 2010 - this is 161 less than in May 2009
• The most popular price range was $200,000-$249,999
• The median sold price was $240,000, compared to $190,000 in May 2009
• Financing Terms:  Conventional – 153, FHA – 317, VA – 117, Assumption – 11, Cash – 114, Other – 2

All data provided by MRIS.