FREDERICKSBURG CITY HOUSING MARKET DATA

There was a decrease in total units sold in June, with 29 sold this month in Fredericksburg City Real Estate versus 33 last month, a decrease of 12%. This month's total units sold was lower than at this time last year, a decrease of 6% versus June 2024.

Versus last year, the total number of homes available this month is lower by 10 units or 15%. The total number of active inventory this June was 55 compared to 65 in June 2024. This month's total of 55 is lower than the previous month's total supply of available inventory of 59, a decrease of 7%.

Last June, the median sale price for Fredericksburg City Homes was $425,000. This June, the median sale price was $469,900, an increase of 11% or $44,900 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 Fredericksburg City, compared to 2.1 in June 2024. That is a decrease of 10% 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 36 homes newly listed for sale in Fredericksburg City compared to 49 in June 2024, a decrease of 27%. There were 27 current contracts pending sale this June compared to 29 a year ago. The number of current contracts is 7% lower than last June.

In June, the average sale price in Fredericksburg City was 98.7% 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 31, higher than the average last year, which was 27, an increase of 15%.





FOCUS ON: FREDERICKSBURG CITY HOUSING MARKET			JUNE 2025

Units Sold 29	Active Inventory 55	Median Sale Price $469,900	Days On Market 31

Down -6% Vs. Year Ago	Down -15% Vs. Year Ago	Up 11% Vs. Year Ago	Up 15% Vs. Year Ago


		Units Sold There was a decrease in total units sold in June, with 29 sold this month in Fredericksburg City Real Estate versus 33 last month, a decrease of 12%. This month's total units sold was lower than at this time last year, a decrease of 6% versus June 2024.
Active Inventory Versus last year, the total number of homes available this month is lower by 10 units or 15%. The total number of active inventory this June was 55 compared to 65 in June 2024. This month's total of 55 is lower than the previous month's total supply of available inventory of 59, a decrease of 7%.
		Median Sale Price Last June, the median sale price for Fredericksburg City Homes was $425,000. This June, the median sale price was $469,900, an increase of 11% or $44,900 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 36	Current Contracts 27	Sold Vs. List Price 98.7%	Months of Supply 1.9

Down -27% Vs. Year Ago	Down -7% Vs. Year Ago	Down -1.7% Vs. Year Ago	Down -10% Vs. Year Ago


		Months of Supply In June, there was 1.9 months of supply available in Fredericksburg City, compared to 2.1 in June 2024. That is a decrease of 10% 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 36 homes newly listed for sale in Fredericksburg City compared to 49 in June 2024, a decrease of 27%. There were 27 current contracts pending sale this June compared to 29 a year ago. The number of current contracts is 7% lower than last June.
		Sale Price to List Price Ratio In June, the average sale price in Fredericksburg City was 98.7% 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 31, higher than the average last year, which was 27, an increase of 15%.



	*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.