The September 2011 Market Report
There is a lot of good news in the market for the month of September in Spotsylvania County.
The average days on market were just 81 days which is down almost 16% from last year. Attached homes like townhouses are up in price from last year a whopping 24.69%. Another hot ticket last month were 4 bedroom detached homes priced between $200,000 and $300,000 with 31 sold. There were 96 active listings priced under $200,000 so there are a lot of affordable options in Spotsylvania County. There were just about an equal amount of purchaser’s using Conventional, FHA, VA and Cash for funding their home purchase. The interest rate I was quoted by a lender for a 30 year fixed FHA loan today was 3.75%, UNBELIEVABLE!
Call me today if you have questions about buying or selling a home in the Greater Fredericksburg Area at (540)538-1154. If you are thinking of buying a home and would like to attend our home buyer seminar visit http://www.katiemudd.com and click on the home buyer seminar button to receive information on the next seminar.
Information Courtesy Of:
Katie Mudd, Realtor
RE/MAX Bravo
10401 Courthouse Road
Spotsyvlania, VA 22553
Each office is independently owned and operated.
Licensed in the Commonwealth of VA.
*Statistics taken from Real Estate Business Intelligence