Million Dollar Home Sales

With absolute fear of aging myself, I have been selling homes in the Fredericksburg Virginia area since 1989.  Having now conceded that I am an old man, I will also admit that I have seen some pretty significant changes in the real estate market here.

Real estate in Fredericksburg VA has appreciated much like it has in the whole United States of America.  Perhaps, it has appreciated more significantly than other regions.  When I write of Fredericksburg Virginia real estate in this case, I speak of the City of Fredericksburg, Stafford County, and Spotsylvania County.

The 2000 census revealed that the area had a population of 202,120.  Predictions for 2010 are calling for a population of 273,000.

I can remember the first time I read of a home selling for more than $1,000,000 in our area.  I could not remember when it was so I started a little research this morning.  Came up with some pretty interesting data.

Here is a chart that portrays the data pretty well; remember, go to this website to get additional data on our beautiful and historic area.

Fredericksburg Va Home Sales

 

3 Comments on Million Dollar Home Sales

As usual Ed, a very informative post about Historic Fredericsburg Virginia real estate.  I remember Fredericksburg in the early 1980's!  There wasn't a whole bunch happening there!  We used to drive over there to go to the Fredericksburg Mall.  It was just an excuse to avoid the Sears catalogue sote in Waldorf Maryland!  In faact up until just a few short years ago prices all  over were pretty reasonable and then they just took off!  When you have a few flying priced homes, they have a tendency to skew the numbers way out of wack!  So sales can decline in units but increase in average price!  It is hard to make sense of the numbers anymore.  Great Post!  Please keep us informed about Fredericksburg Virginia Real Estate!

06/08/2007 10:11 PM by Jim Crawford ~ Atlanta Real Estate-ABR E-PRO (RE/MAX Greater Atlanta)

jim - Sometime soon I will be showing how homes in the $500,000 and higher range have changed too.  Am sure that homes for sale in the Atlanta area are experiencing much the same phenomena.

06/09/2007 03:19 PM by Ed DeChristopher, CRS©,Fredericksburg VA (RE/MAX Supercenter)

I look foreward to reading it!

06/09/2007 06:20 PM by Jim Crawford ~ Atlanta Real Estate-ABR E-PRO (RE/MAX Greater Atlanta)

Leave a response…

Name:
Notify me of new comments:
Comment:
What does the graphic say?
 
Real Estate Agent: Ed DeChristopher, CRS©,Fredericksburg VA (RE/MAX Supercenter)
Ed DeChristopher, CRS©,Fredericksburg VA
Fredericksburg, VA
More about me…
RE/MAX Supercenter

Office Phone: (540) 368-3900
Cell Phone: (540) 295-3515
Email Me
Musings about historic Fredericksburg Virginia in general with specific focus on homes for sale in Fredericksburg Virginia and the local real estate market.

Links

Tags (Tag Cloud)

Archives

RSS 2.0 Feed for this blog
ATOM 1.0 Feed for this blog

Find VA real estate agents and Fredericksburg real estate here on ActiveRain.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
© 2007 ActiveRain Corp. All Rights Reserved