Market Conditions

March 9, 2019

Fredericksburg Area Real Estate Report -January 2019

The Fredericksburg Area Association of Realtors considers  the City of Fredericksburg and surrounding counties of Caroline, King George, Spotsylvania and Stafford as the Fredericksburg area considering the Fredericksburg Real Estate market conditions. These market conditions are studied and compared for recent compared to those from one year ago. The last ...
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Oct. 15, 2016

The Time has come to Buy Bigger

Fredericksburg Realty Blog Image

 

According to the Federal Reserve in a recent article, there is a shortage of homes affordable to first time home buyers. This decrease in supply has caused home prices to rise above the affordable rate for these home buyers. They are all in a waiting mode. Mortgage rates began ...

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Posted in Market Conditions
Sept. 14, 2016

Fredericksburg Real Estate Market Improves

Sold Home for Fredericksburg Real Estate Market Improves Article

 

Based on information gathered on home sales in the Fredericksburg and surrounding areas of Stafford, Spotsylvania, Caroline and King George Counties by the Real Estate Business Intelligence network, I see signs of market improvement. This is great news to home buyers and sellers.

The total sold volume was $157 ...

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Posted in Market Conditions
May 31, 2016

Fredericksburg Real Estate April 2016 Market Report

Fredericksburg Real Estate Market Chart

 

The total sold volume in Fredericksburg, VA in April of this year was $138,267,056. That was a 20.36% increase from last year at $114,874,142. The average sold price was $285,676. Last year the average sold price was $277,474. The price increased by ...

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Posted in Market Conditions
Feb. 7, 2016

Fredericksburg Realty Yearly Home Market Update - 2015

Welcome to the Fredericksburg Realty end of year Fredericksburg home sales market report for 2015. Please see the image below and information brought to you directly from Real Estate Business Intelligence. The real estate market in Fredericksburg, VA is improving based on a year over year study. This update covers ...

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Posted in Market Conditions
Dec. 6, 2015

Fredericksburg Area in a Buyer’s Market

Fredericksburg Real Estate Buyers Market

Fredericksburg, VA. Homebuyers are finding themselves in a favorable market. Inventory is up and buyer numbers are down. Buyers have many different homes to choose from and seem to have the power of negotiation on their side.

Fredericksburg sellers are seeing longer listing to contract periods and less showings than ...

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Posted in Market Conditions
Aug. 16, 2015

Fredericksburg Real Estate Market Report July, 2015

Fredericksburg Realty LLC offers a monthly insight in the real estate market conditions for the Fredericksburg VA and surrounding areas of Spotsylvania, Stafford, King George and Caroline Counties. The image below is brought to you by Real Estate Business Intellegence or RBI. 

Fredericksburg Real Estate Market Report Image July, 2015

Tom Smith, author of this blog, is ...

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Posted in Market Conditions
June 6, 2015

Fredericksburg Second Quarter Market Report

Fredericksburg real estate market report second quarter

The median sold sales price for homes in the Fredericksburg, VA area from March, 2015 to June, 2015 was $240,000. This was based on the property sales of 293 units. The median sales price was down 7.7% of that of last year at this time period. The average ...

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Posted in Market Conditions
April 23, 2015

What’s Up with Fredericksburg Real Estate?

Fredericksburg Residence for Fredericksburg March Homes Report Article

Fredericksburg Homes Realty wants to keep home buyers and sellers in the Fredericksburg, VA area informed on our current home sales market. I am an active real estate agent in the area. I’m noticing our inventory growing and buyer’s activity increasing by the day. 

What is the state of ...

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Posted in Market Conditions
March 22, 2015

Fredericksburg Real Estate Market Heats Up

Fredericksburg Home Sales Heats Up Image

 

We just went through the first weekend of spring 2015. A gorgeous two days with temperatures in the 60s and daffodils blooming everywhere sent Fredericksburg home buyers into overdrive. The activity I witnessed over the past several days may only be compared to that of last summer. We had ...

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Posted in Market Conditions