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Fredericksburg Housing Sales Down

by | Dec 13, 2014 | Real Estate

By Susan Larson

Housing sales in Fredericksburg (22401) were down in August 2014 over the same period a year ago, according to statistics released by RealEstate Business Intelligence, LLC.

There were 21 closed sales in August, down 36.4 percent over August 2013.
Home sales totaled $5,764,199 million for the month, 41.4 percent less than August 2013.

While this is bad news for sellers, it is good news for buyers.  “Fredericksburg is a definite buyer’s market, with nine months of inventory to choose from on top of the downward trend in sales and prices,” reported the September 11 edition of Homesnap.
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