Altos Research

Fredericksburg, VA

Single-Family Homes

Market Data for Realtors. Schedule a demo today at altos.re.



Fredericksburg, VA

Fri Jul 19 2019
This week the median list price for Fredericksburg, VA is $397,245 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has held steady at or around 532. Click here to stay informed with the Fredericksburg market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Fredericksburg, VA

Fri Jul 19 2019
This week the median list price for Fredericksburg, VA is $397,245 with the market action index hovering around 40. This is less than last month's market action index of 41. Inventory has held steady at or around 532. Click here to stay informed with the Fredericksburg market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Fredericksburg market.
Median List Price $397,245
Per Square Foot $126
Days on Market 85
Price Decreased 42%
Price Increased 7%
Relisted 9%
Inventory 532
Median House Rent $1,395
Most Expensive $1,650,000
Least Expensive $133,000
Market Action Index
Slight Seller's Advantage
40

Prices appear to be hovering around their high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$575,000 4,684 2.5 - 5 acres 4 3 15 10 13 122
$434,900 3,790 0.25 - 0.5 acre 4 3 12 14 14 82
$365,000 3,006 0.25 - 0.5 acre 4 2 15 16 12 81
$269,999 1,670 0.25 - 0.5 acre 3 2 32 23 21 55