Home Prices in Village of Idlewild | City of Fredericksburg VA for September 2014
Real estate market data for Fredericksburg, VA provided by Tim Crews of The Crews Team of Keller Williams Realty Fredericksburg - 540-692-9144
Village of Idlewild Home Values
Are you a current Village of Idlewild homeowner and are curious as to how much your single family home or your town home may appraise and sell for. We can help.
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Village of Idlewild | City of Fredericksburg Virginia Home Prices
Here's one of the biggest questions and concerns for Village of Idlewild homeowners: "How will the fall and winter months affect home sales and home values within our community"? Here's the good news, We have seen 10 straight months of listing price increases on home prices in the City of Fredericksburg and don’t expect things to slow down anytime soon. If you are considering buying a home you can still find deals on a house in the Village of Idlewild 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 Redmond home on which you are making an offer.
If you are interested in how much current inventory is on the market in the Village of Idlewild Community 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 the City of Fredericksburg, homes have a median time of 60 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 the City of 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.
Village of Idlewild | City of Fredericksburg Real Estate Report Summary
The median list price in October for single family homes in the City of Fredericksburg is $398,000. The list prices increased by 0.84% from the previous month.
The median sale price in August for single family homes is $462,881. The sale prices dropped by -0.81% from the previous month.
Find Homes for Sale in City of Fredereicksburg VA
Visit my website to search homes for sale in Village of Idlewild and in the City of Fredericksburg or to be notified when Village of Idlewild homes come on the market.
To find out what you home is worth in the current market email me or call 540-692-9144.
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