DOWNTOWN FREDERICKSBURG HOUSING MARKET DATA

With relatively few transactions, there was a decrease in total units sold in August, with 15 sold this month in Downtown Fredericksburg Real Estate. This month's total units sold was lower than at this time last year, a decrease from August 2024.

Versus last year, the total number of homes available this month is lower by 13 units or 20%. The total number of active inventory this August was 52 compared to 65 in August 2024. This month's total of 52 is lower than the previous month's total supply of available inventory of 67, a decrease of 22%.

Last August, the median sale price for Downtown Fredericksburg Homes was $456,500. This August, the median sale price was $510,000, an increase of 12% or $53,500 compared to last year. The current median sold price is 9% higher than in July.

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

In August, there was 3.5 months of supply available in Downtown Fredericksburg, compared to 2.0 in August 2024. That is an increase of 71% 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 26 homes newly listed for sale in Downtown Fredericksburg compared to 32 in August 2024, a decrease of 19%. There were 28 current contracts pending sale this August compared to 17 a year ago. The number of current contracts is 65% higher than last August.

In August, the average sale price in Downtown Fredericksburg was 97.0% of the average list price, which is 1.4% lower than at this time last year.

This month, the average number of days on market was 25, higher than the average last year, which was 21, an increase of 19%.





FOCUS ON: DOWNTOWN FREDERICKSBURG HOUSING MARKET			AUGUST 2025

Zip Code(s): 22401
Units Sold 15	Active Inventory 52	Median Sale Price $510,000	Days On Market 25

Down Vs. Year Ago	Down -20% Vs. Year Ago	Up 12% Vs. Year Ago	Up 19% Vs. Year Ago


		Units Sold With relatively few transactions, there was a decrease in total units sold in August, with 15 sold this month in Downtown Fredericksburg Real Estate. This month's total units sold was lower than at this time last year, a decrease from August 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 13 units or 20%. The total number of active inventory this August was 52 compared to 65 in August 2024. This month's total of 52 is lower than the previous month's total supply of available inventory of 67, a decrease of 22%.
		Median Sale Price Last August, the median sale price for Downtown Fredericksburg Homes was $456,500. This August, the median sale price was $510,000, an increase of 12% or $53,500 compared to last year. The current median sold price is 9% higher than in July. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 26	Current Contracts 28	Sold Vs. List Price 97.0%	Months of Supply 3.5

Down -19% Vs. Year Ago	Up 65% Vs. Year Ago	Down -1.5% Vs. Year Ago	Up 71% Vs. Year Ago


		Months of Supply In August, there was 3.5 months of supply available in Downtown Fredericksburg, compared to 2.0 in August 2024. That is an increase of 71% 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 26 homes newly listed for sale in Downtown Fredericksburg compared to 32 in August 2024, a decrease of 19%. There were 28 current contracts pending sale this August compared to 17 a year ago. The number of current contracts is 65% higher than last August.
		Sale Price to List Price Ratio In August, the average sale price in Downtown Fredericksburg was 97.0% of the average list price, which is 1.4% lower than at this time last year. Days on Market This month, the average number of days on market was 25, higher than the average last year, which was 21, an increase of 19%.


	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.