Market Statistics July 2010
Fredericksburg City:
- 149 days on market – this is 85 days more than in July 2009
- Sellers received, on average, 93.48% of their list price when the home sold
- There is 12.08 months of inventory on the market
- 13 homes sold in July 2010 – this is 10 less than in July 2009
- The most popular price range was $250,000-$299,999.
- The median sold price was $283,250, compared to $218,000 in July 2009
- Financing Terms: Conventional – 7, FHA – 2, VA – 1, Cash – 3
Orange County
- 166 days on market – this is 11 days more than in July 2009
- Sellers received, on average, 85.94% of their list price when the home sold
- There is 14.81 months of inventory on the market
- 26 homes sold in July 2010 – this is 10 less than July 2009
- The most popular price ranges were $200,000-$249,999.
- The median sold price was $161,500, compared to $209,000 in July 2009
- Financing Terms: Conventional – 5, FHA – 10, VA – 4, Other – 2, Cash – 7
Spotsylvania County
- 68 days on market – this is 31 less than July 2009
- Sellers received, on average, 93.26% of their list price when the home sold
- There is 7.88 months inventory on the market
- 125 homes sold in July 2010 – this is 37 less than in July 2009
- The most popular price range was $200,000-$249,999
- The median sold price was $203,850, compared to $218,450 in July 2009
- Financing Terms: Conventional – 37, FHA – 40, VA – 33, Cash – 12, Other – 3
Stafford County
- 62 days on market – this is 12 less than July 2009
- Sellers received, on average, 94.43% of their list price when the home sold
- There is 5.77 months inventory on the market
- 154 homes sold in July 2010 - this is 2 less than in July 2009
- The most popular price range was $300,000-$399,999
- The median sold price was $242,500, compared to $238,250 in July 2009
- Financing Terms: Conventional – 28, FHA – 42, VA – 59, Cash – 17, Assumption – 1, Other – 6, Seller Financing – 1
Prince William County
- 39 days on market – this is 22 less than July 2009
- Sellers received, on average, 96.92% of their list price when the home sold
- There is 4.97 months inventory on the market
- 593 homes sold in July 2010 - this is 194 less than in July 2009
- The most popular price range was $200,000-$249,999
- The median sold price was $240,000, compared to $200,000 in July 2009
- Financing Terms: Conventional – 144, FHA – 234, VA – 95, Assumption – 12, Cash – 99, Other – 9
Caroline County
- 80 days on market – this is 53 less than July 2009
- Sellers received, on average, 91.90% of their list price when the home sold
- There is 11.43 months inventory on the market
- 30 homes sold in July 2010 - this is 15 less than in July 2009
- The most popular price range was $100,000-$119,999
- The median sold price was $127,950, compared to $134,000 in July 2009
- Financing Terms: Conventional – 10, FHA – 8, VA – 2, Cash – 9, Other – 1
All data provided by MRIS.
