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| SEPTEMBER 2025 | |||
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| Units Sold 23 |
Active Inventory 64 |
Median Sale Price $475,000 |
Days On Market 53 |
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| Up Vs. Year Ago |
Down -7% Vs. Year Ago |
Up 10% Vs. Year Ago |
Up 36% Vs. Year Ago |
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Units Sold
With relatively few transactions, there was an increase in total units sold in September, with 23 sold this month in Fredericksburg City Real Estate. This month's total units sold was higher than at this time last year, an increase from September 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is lower by 5 units or 7%. The total number of active inventory this September was 64 compared to 69 in September 2024. This month's total of 64 is higher than the previous month's total supply of available inventory of 60, an increase of 7%. |
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Median Sale Price
Last September, the median sale price for Fredericksburg City Homes was $432,500. This September, the median sale price was $475,000, an increase of 10% or $42,500 compared to last year. The current median sold price is 5% lower than in August. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
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| New Listings 24 |
Current Contracts 17 |
Sold Vs. List Price 96.3% |
Months of Supply 2.8 |
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| Down -38% Vs. Year Ago |
Down -11% Vs. Year Ago |
Up 1.2% Vs. Year Ago |
Down -27% Vs. Year Ago |
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Months of Supply
In September, there was 2.8 months of supply available in Fredericksburg City, compared to 3.8 in September 2024. That is a decrease of 27% 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. |
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New Listings & Current Contracts
This month there were 24 homes newly listed for sale in Fredericksburg City compared to 39 in September 2024, a decrease of 38%. There were 17 current contracts pending sale this September compared to 19 a year ago. The number of current contracts is 11% lower than last September. |
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Sale Price to List Price Ratio
In September, the average sale price in Fredericksburg City was 96.3% of the average list price, which is 1.1% higher than at this time last year. Days on Market
This month, the average number of days on market was 53, higher than the average last year, which was 39, an increase of 36%. | |||
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| *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. |
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