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February 25, 2014 How Fast Are Homes In Fredericksburg Selling?
$200,000 to $349,999
There were 9 homes that sold ranging in DOM from 22 days to 463 days. The Average DOM was 180 days or about 8 months. See the table below.
$350,000 AND OVER
This category surprised me! There were NO homes (0) that sold in this price bracket through Feb. 25, 2014, although 2 homes went Under Contract (one has since fallen out). This price category will definitely show more sales later in the year.
Homes under $350,000 have been selling well in Fredericksburg through most of February in 2014. Once you cross the $350,000, sales are pretty sluggish this year-to-date.
We constantly watch the market and if you need facts to help you price your home or acreage for sale, we can help. Whether a person is Buying or Selling, they should understand where the market is and make their best deal based on good, current information. At Real Living Fredericksburg, we want to be your OBJECTIVE Realtor! If what you want is the real story, not hype delivered with rose-colored glasses, come see us. We tell you what we think based on real market indicators, but as always, we let you make the decisions. Please let us know if we can be of service.
The information provided in this article is derived from the Central Hill Country Board of Realtors MLS and is believed to be accurate and reliable, but specifically not guaranteed. Consult a real estate professional for your particular situation PRIOR to making any business decision.
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