Altos Market Data for Realtors

Fredericksburg, VA

Single-Family Homes

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Fredericksburg, VA

Tue Mar 19 2024
This week the median list price for Fredericksburg, VA is $650,000 with the market action index hovering around 53. This is an increase over last month's market action index of 50. Inventory has increased to 147. Click here to stay informed with the Fredericksburg market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Fredericksburg, VA

Tue Mar 19 2024
This week the median list price for Fredericksburg, VA is $650,000 with the market action index hovering around 53. This is an increase over last month's market action index of 50. Inventory has increased to 147. Click here to stay informed with the Fredericksburg market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Fredericksburg market.
Median List Price $650,000
Median Price of New Listings $472,400
Per Square Foot $219
Average Days on Market 76
Median Days on Market 28
Price Decreased 24%
Price Increased 5%
Relisted 11%
Inventory 147
Median Rent
Market Action 53
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$975,000 4,237 1 - 2.5 acres 4 4 24 1 2 105
$749,999 3,641 0.5 - 1 acre 4 3 1 4 4 28
$579,900 2,776 0.25 - 0.5 acre 4 3 16 9 12 21
$425,000 1,880 0.25 - 0.5 acre 3 2.5 35 18 22 7