RealEstate Business Intelligence, LLC.
Real Estate Trend Indicator - Lower Price Segment Format

Fredericksburg City, Stafford, Spotsylvania, King George, & Caroline Counties, VA (FAAR)
From: 03/01/2010 to 03/31/2010 Statistics generated on: 04/07/2010

Residential
Unit Sales
Number of Bedrooms

Active Listings

Time on Market

Price Class

2
Or Less


3

4
or More

Condo
Coop and
Ground Rent

Residential

Condo
Coop and
Ground Rent

of Units Sold
(No. of Units)

Under $30,000

0

1

0

0

1

0

1 -30 Days

132

$30,000-$39,000

0

0

0

0

3

0

31-60 Days

69

$40,000-$49,999

1

2

0

0

3

0

61 - 90 Days

31

$50,000-$59,999

0

0

0

0

7

1

91-120 Days

31

$60,000-$69,999

1

4

2

0

8

0

Over 120 Days

71

$70,000-$79,999

0

2

1

0

17

2

Total

334

$80,000-$89,999

1

3

0

0

24

1

$90,000-$99,999

2

6

0

0

33

2

Type of Financing
of Units Sold
(No. of Units)

$100,000-$119,999

4

14

2

0

103

1

$120,000-$139,999

3

20

4

0

131

4

Conventional

70

$140,000-$159,999

4

17

6

0

149

3

FHA

106

$160,000-$179,999

0

23

5

1

151

4

VA

84

$180,000-$199,999

1

20

13

0

150

4

Assumption

12

$200,000-$249,999

3

28

35

0

378

12

Cash

51

$250,000-$299,999

1

9

31

0

377

5

Owner Finance

0

$300,000-$399,999

0

3

32

0

458

4

All Other

11

$400,000-$499,999

0

1

14

0

190

0

Unreported

0

Over $500,000

1

1

12

0

256

0

Total

334

Totals

22

154

157

1

2439

43

Grand Totals

334 2482
2010 2009 % Change
Total Sold Dollar Volume: $ 76,737,493 $ 74,264,703 3.33 %
Average Sold Price: $ 229,753 $ 217,785 5.50 %
Median Sold Price: $ 200,000 $ 199,000 0.50 %
Total Units Sold: 334 341 - 2.05 %
Average Days on Market: 83 121 - 31.40 %
Average List Price for Solds: $ 251,324 $ 248,758 1.03 %
Avg Sale Price as a percentage of Avg List Price: 91.42 % 87.55 %
Total Number of NEW listings
taken for the month: 835

Total Number of Properties
marked Contract for the month: 285
Total Number of Properties
marked Contingent for the month: 321

Total Number of NEW pendings
(CONTRACTS + CONTINGENTS): 606


MRISSource: RealEstate Business Intelligence, LLC. An MRIS company. All Rights Reserved.
Copyright 2010 - Information deemed reliable, but is not guaranteed.