June 2010 Market Statistics

Jul-22-2010 By Sarah Stelmok

Fredericksburg City:

  • 51 days on market – this is 55 days less than in June 2009
  • Sellers received, on average, 93.81% of their list price when the home sold
  • There is 9.76 months of inventory on the market
  • 17 homes sold in June 2010 – this is 12 less than in June 2009
  • The most popular price range was $250,000-$299,999.   
  • The median sold price was $250,00000, compared to $259,900 in June 2009
  • Financing Terms:  Conventional – 4, FHA – 7, VA – 3, Cash – 4

Orange County

  • 171 days on market – this is 21 days more than in June 2009
  • Sellers received, on average, 90.54% of their list price when the home sold
  • There is 9.36 months of inventory on the market
  • 44 homes sold in June 2010 – this is 10 more than June 2009
  • The most popular price ranges were $300,000-$399,999.
  • The median sold price was $193,250, compared to $212,500 in June 2009 
  • Financing Terms:  Conventional – 14, FHA – 14, VA – 4, Other – 2, Cash – 9, Seller Financing – 1

Spotsylvania County

  • 77 days on market – this is 38 less than June 2009
  • Sellers received, on average, 92.51% of their list price when the home sold
  • There is 4.97 months inventory on the market
  • 192 homes sold in June 2010 – this is 10 more than in June 2009 
  • The most popular price range was $250,000-$299,999
  • The median sold price was $191,000, compared to $196,500 in June 2009 
  • Financing Terms:  Conventional – 42, FHA – 72, VA – 30, Cash – 34, Assumption – 4, Other – 8, Seller Financing – 1

Stafford County

  • 55 days on market – this is 38 less than June 2009
  • Sellers received, on average, 95.09% of their list price when the home sold
  • There is 4.63 months inventory on the market
  • 196 homes sold in June 2010 - this is 10 more than in June 2009 
  • The most popular price range was $300,000-$399,999
  • The median sold price was $265,811, compared to $237,450 in June 2009 
  • Financing Terms:  Conventional – 45, FHA – 57, VA – 70, Cash – 16, Assumption – 4, Other – 4

Prince William County

  • 33 days on market – this is 45 less than June 2009 
  • Sellers received, on average, 96.97% of their list price when the home sold
  • There is 3.77 months inventory on the market
  • 779 homes sold in June 2010 - this is 16 less than in June 2009
  • The most popular price range was $300,000-$399,999
  • The median sold price was $255,000, compared to $195,000 in June 2009
  • Financing Terms:  Conventional – 201, FHA – 314, VA – 134, Assumption – 11, Cash – 110, Other – 9

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