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Downtown Fredericksburg Home Values and Market Report

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Report prepared by johnflowersrealtor.com John Flowers Realtor

Market at a glance

Over the last 12 months, homes sold for 97.3% of list price in 45 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $450K Sold · $402K
$1.3M$1M$700K$400K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 4 sales in Dec. Last month: 2.

Where the market stands

All homes in this report, by status.

29homes
Active6 · 21%
Under contract1 · 3%
Sold (12 mo)22 · 76%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

3.3months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$990K
Under contract$1.4M
Sold$606K

Average days on market

Active71 days
Under contract74 days
Sold45 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 6
Average list price $989,666
Avg. days on market 71 days
Avg. price per ft² $499
Avg. living area 2,732 ft²
Avg. beds / baths 3.5 / 3.7

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$3M$2M$1M$0

Price vs. living area: 6 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 6 homes in this status.

301 Sophia St$1,533
1111 Prince Edward St$380
1111 Kenmore Ave$319
603 Weedon St$291
913 Sylvania Ave$246
1712 Washington Ave$226

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1111 Kenmore AveFredericksburg, VA 22401 322,115$675,000$3194 days
301 Sophia StFredericksburg, VA 22401 12750$1,150,000$1,53317 days
913 Sylvania AveFredericksburg, VA 22401 554,054$999,000$24644 days
603 Weedon StFredericksburg, VA 22401 331,804$525,000$29165 days
1712 Washington AveFredericksburg, VA 22401 432,157$489,000$226115 days
1111 Prince Edward StFredericksburg, VA 22401 575,513$2,100,000$380182 days
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Questions about this market?

These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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