Here is an overview of the Real Estate Market in Fredericksburg, Virginia as published on Trulia.com
Market View for Fredericksburg
Fredericksburg Summary
Average price per square foot for Fredericksburg VA was $131, an increase of 4% compared to the same period last year. The median sales price for homes in Fredericksburg VA for Aug 11 to Oct 11 was $217,008 based on 391 home sales. Compared to the same period one year ago, the median home sales price decreased 7.7%, or $17,992, and the number of home sales increased 1.8%. There are currently 935 resale and new homes in Fredericksburg on Trulia, including 3 open houses, as well as 336 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Fredericksburg VA was $323,133 for the week ending Nov 09, which represents a decrease of 0.2%, or $489, compared to the prior week.
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