Fredericksburg, VA MLS Update for March 2007

Here are the latest real estate market statistics for Fredericksburg, VA area. These numbers represent single family (SFR) homes and condos.  The percentage of homes on the market where the asking price has been reduced:  29.8%**

Average	February 2007	March 2007	% Change
Asking Price	$335,655	$355,010	5.8%
Sales Price	$325,686	$349,816	7.4%
% of Asking Price	97%	99%	2.0%
$/SQFT	$146	$146	0.0%
Days on Market	128	111	-13.3%
Total Transactions	34	39	14.7%

Search for Fredricksburg, MD homes for sale. Read a neighborhood overview for Fredericksburg, VA.  Read more about additional neighborhoods and communities in the Greater Washington DC Area.

All numbers are from the MLS and are deemed reliable but not guaranteed. * Market numbers as of 4/18/2007:  908 properties on the market with 298 showing price reductions. Days on market reflect number of days between listing date on MLS and close of escrow.