DOWNTOWN FREDERICKSBURG HOUSING MARKET DATA

There was a decrease in total units sold in June, with 28 sold this month in Downtown Fredericksburg Real Estate, a decrease of 13%. This month's total units sold is similar compared to a year ago.

Versus last year, the total number of homes available this month is lower by 11 units or 17%. The total number of active inventory this June was 53 compared to 64 in June 2024. This month's total of 53 is lower than the previous month's total supply of available inventory of 58, a decrease of 9%.

Last June, the median sale price for Downtown Fredericksburg Homes was $426,500. This June, the median sale price was $474,950, an increase of 11% or $48,450 compared to last year. The current median sold price is 10% lower than in May.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In June, there was 1.9 months of supply available in Downtown Fredericksburg, compared to 2.3 in June 2024. That is a decrease of 17% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 35 homes newly listed for sale in Downtown Fredericksburg compared to 46 in June 2024, a decrease of 24%. There were 27 current contracts pending sale this June, consistent with the volume a year ago. The number of current contracts is 7% lower than last month.

In June, the average sale price in Downtown Fredericksburg was 98.6% of the average list price, which is 1.8% lower than at this time last year.

This month, the average number of days on market was 32, higher than the average last year, which was 28, an increase of 14%.





FOCUS ON: DOWNTOWN FREDERICKSBURG HOUSING MARKET			JUNE 2025

Zip Code(s): 22401
Units Sold 28	Active Inventory 53	Median Sale Price $474,950	Days On Market 32

No Change Vs. Year Ago	Down -17% Vs. Year Ago	Up 11% Vs. Year Ago	Up 14% Vs. Year Ago


		Units Sold There was a decrease in total units sold in June, with 28 sold this month in Downtown Fredericksburg Real Estate, a decrease of 13%. This month's total units sold is similar compared to a year ago.
Active Inventory Versus last year, the total number of homes available this month is lower by 11 units or 17%. The total number of active inventory this June was 53 compared to 64 in June 2024. This month's total of 53 is lower than the previous month's total supply of available inventory of 58, a decrease of 9%.
		Median Sale Price Last June, the median sale price for Downtown Fredericksburg Homes was $426,500. This June, the median sale price was $474,950, an increase of 11% or $48,450 compared to last year. The current median sold price is 10% lower than in May. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 35	Current Contracts 27	Sold Vs. List Price 98.6%	Months of Supply 1.9

Down -24% Vs. Year Ago	No Change Vs. Year Ago	Down -1.8% Vs. Year Ago	Down -17% Vs. Year Ago


		Months of Supply In June, there was 1.9 months of supply available in Downtown Fredericksburg, compared to 2.3 in June 2024. That is a decrease of 17% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 35 homes newly listed for sale in Downtown Fredericksburg compared to 46 in June 2024, a decrease of 24%. There were 27 current contracts pending sale this June, consistent with the volume a year ago. The number of current contracts is 7% lower than last month.
		Sale Price to List Price Ratio In June, the average sale price in Downtown Fredericksburg was 98.6% of the average list price, which is 1.8% lower than at this time last year. Days on Market This month, the average number of days on market was 32, higher than the average last year, which was 28, an increase of 14%.


	Downtown Fredericksburg are defined as properties listed in zip code/s 22401.
	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.