FREDERICKSBURG CITY HOUSING MARKET DATA

There was a decrease in total units sold in July, with 24 sold this month in Fredericksburg City Real Estate versus 29 last month, a decrease of 17%. This month's total units sold was lower than at this time last year, a decrease of 11% versus July 2024.

The total number of homes available this month is 63 units, which is similiar compared to a year ago. This month's supply of available homes remained stable as compared to the previous month's supply.

Last July, the median sale price for Fredericksburg City Homes was $499,900. This July, the median sale price was approximately the same at $470,000. The current median sold price is 6% lower than in July 2024.

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

In July, there was 2.6 months of supply available in Fredericksburg City, compared to 2.3 in July 2024. That is an increase of 12% 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 Fredericksburg City compared to 40 in July 2024, a decrease of 35%. There were 14 current contracts pending sale this July compared to 33 a year ago. The number of current contracts is 58% lower than last July.

In July, the average sale price in Fredericksburg City was 98.1% of the average list price, which is 2.1% lower than at this time last year.

This month, the average number of days on market was 34, higher than the average last year, which was 25, an increase of 36%.





FOCUS ON: FREDERICKSBURG CITY HOUSING MARKET			JULY 2025

Units Sold 24	Active Inventory 63	Median Sale Price $470,000	Days On Market 34

Down -11% Vs. Year Ago	No Change Vs. Year Ago	Down -6% Vs. Year Ago	Up 36% Vs. Year Ago


		Units Sold There was a decrease in total units sold in July, with 24 sold this month in Fredericksburg City Real Estate versus 29 last month, a decrease of 17%. This month's total units sold was lower than at this time last year, a decrease of 11% versus July 2024.
Active Inventory The total number of homes available this month is 63 units, which is similiar compared to a year ago. This month's supply of available homes remained stable as compared to the previous month's supply.
		Median Sale Price Last July, the median sale price for Fredericksburg City Homes was $499,900. This July, the median sale price was approximately the same at $470,000. The current median sold price is 6% lower than in July 2024. 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 14	Sold Vs. List Price 98.1%	Months of Supply 2.6

Down -35% Vs. Year Ago	Down -58% Vs. Year Ago	Down -2.1% Vs. Year Ago	Up 13% Vs. Year Ago


		Months of Supply In July, there was 2.6 months of supply available in Fredericksburg City, compared to 2.3 in July 2024. That is an increase of 12% 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 Fredericksburg City compared to 40 in July 2024, a decrease of 35%. There were 14 current contracts pending sale this July compared to 33 a year ago. The number of current contracts is 58% lower than last July.
		Sale Price to List Price Ratio In July, the average sale price in Fredericksburg City was 98.1% of the average list price, which is 2.1% lower than at this time last year. Days on Market This month, the average number of days on market was 34, higher than the average last year, which was 25, an increase of 36%.



	*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.