The Fredericksburg-area housing market continued to march on with the conditions that have been persistent for a long time now: constrained supply, rising prices, and no end in sight. Median price soared to its highest point ever reaching $474,000 this May compared...
The spring housing market is off to a swift start with April numbers posting considerable increases in units sold and total sold dollar volume coupled with modest price appreciation compared to April of 2023. Median home prices were up 3% from last year, settling at...
The local housing market showed surprising price growth in March despite persistent year-over-year demand decreases. Median price was up nearly 8% year-over-year coming in at $449,949 this March compared to $420,000 last year. Total sold volume remained static from...
The February real estate market continued the trend of increasing prices and falling demand, but also showed some promising signs for the those waiting for more inventory with a slight increase in active listings and a large increase in new listings compared to last...
The local housing market started the year out with a bang, racking up year-over-year increases in units sold and total dollar volume for the first time in nearly two years. January closed with approximately $153 million in total sales volume, an almost 8% increase...
The local housing market finished the year with low inventory, high prices, and falling demand, trends that started in 2022 and accelerated throughout 2023. “The real estate market in the Fredericksburg area saw a continuation of low inventory issues in 2023,” states...
