Fredericksburg Virginia Condo Prices and Values|Fredericksburg VA
Real estate market data for Fredericksburg, VA provided by Tim Crews of The Crews Team of Keller Williams Realty Fredericksburg - 540-692-9144
Search Fredericksburg Virginia Condos Currently For Sale
There are currently 10 condos for sale in Fredericksburg VA , meaning there is a possibility to own 10 homes which are on the real estate market right now. There are currently 2 homes under contract and in escrow to close in Fredericksburg. Not looking to own a condo and want to search all single family homes and town homes in Fredericksburg, you can view 100's of homes for sale, here.Fredericksburg Virginia Condo Values
Are you a current Condo homeowner and are curious as to how much your condo may appraise and sell for. We can help! Visit http://www.MyFredericksburgHomeValue.com to register for a complete list of most recent condo sales as well as receive your cono's appraised value range.Fredericksburg Condo| Fredericksburg Condo Prices
Here's one of the biggest questions and concerns for condo homeowners: "How will the Spring and Sumnmer months effect home sales and home values within the condo communities"? Here's the good news, We have seen 10 straight months of listing price increases on home prices Fredericksburg and don’t expect things to slow down anytime soon. If you are considering buying a home you can still find deals on Fredericksburg condo but having a good real estate agent who understands the market is a must. Don’t wait on the sidelines for too long, many of our listings are starting to sell within a few days of hitting the market. As you can see from the graph below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Fredericksburg Virginia home on which you are making an offer.
If you are interested in how much current inventory is on the market in Fredericksburg you can find that information by clicking on the link. High inventory will suggest that homes are sitting on the market for longer. Currently in this area of Fredericksburg, homes have a median time of 40 days on the market before they sell. This would suggest that buyers are in a great position to make an aggresive offer on a home. Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers. Low inventory in Fredericksburg has multiple offers coming in on homes similar to what we saw back in 2007. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise.
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Fredericksburg Virginia Real Estate Report Summary
The number of active listings in Fredericksburg increased by21.2% from the previous month.
The median number of days active properties have been listed is 40. This is significantly shorter than the national average.
The number of sales in March dropped by 72.4% from the previous month.
Find Homes for Sale in Fredereicksburg VA
Visit my website to condos for sale in Fredericksburg and in Fredericksburg or to be notified when Lees Parke homes come on the market.To find out what you home is worth in the current market email us or call 540-692-9144.
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