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Fredericksburg Virginia Real Estate Market Insights June 2013
- 1. May 2013
Fredericksburg Area Association of REALTORS® (FAAR)
Presented by
Matthew Rathbun
Coldwell Banker Elite
Email: cbematthew@gmail.com
New Listings 746
-2.0% 19.0%
from Apr 2013:
761
from May 2012:
627
YTD 2013 2012 +/-
3,239 3,003 7.9%
5-year May average: 651
New Pendings 542
-7.8% 11.5%
from Apr 2013:
588
from May 2012:
486
YTD 2013 2012 +/-
2,546 2,486 2.4%
5-year May average: 481
Closed Sales 451
18.7% 13.9%
from Apr 2013:
380
from May 2012:
396
YTD 2013 2012 +/-
1,744 1,624 7.4%
5-year May average: 406
Median
Sold Price
$249,900
7.7% 9.6%
from Apr 2013:
$232,000
from May 2012:
$228,000
YTD 2013 2012 +/-
$232,700 $210,000 10.8%
5-year May average: $220,780
New Pendings Median Sold Price ($1,000s)
M J J A S O N D J F M A M J J A S O N D J F M A M
2011 2012 2013
300
400
500
600
200
700
$0
$50
$100
$150
$200
$250
Active Listings 1,503
Min
1,491
Max
2,015
5-year May average
1,503
1,756
Apr 2013 May 2012
1,410 1,491
Avg DOM 58
Min
58
Max
106
5-year May average
58
82
Apr 2013 May 2012 YTD
67 74 64
Avg Sold to
OLP Ratio
96.6%
Min
91.0%
Max
96.6%
5-year May average
96.6%
93.3%
Apr 2013 May 2012 YTD
96.0% 94.6% 95.8%
Copyright © 2013 RealEstate Business Intelligence, LLC. All Rights Reserved.
Data Source: MRIS. Statistics calculated June 05, 2013.