neighborhood report fredericksburg-va-22407-2014-01-21-13-05-13
DESCRIPTION
The Fredericksburg Region is a wonderful place to live and raise a family. Even during the country's economic crisis, Fredericksburg still had a healthier real estate market than most other areas. The following information is a snapshot of the regional market. If you'd like to know about the area, please feel free to call or email me and I'll be happy to explain how all of this uniquely applies to your desire to buy or sell your home.TRANSCRIPT
NEIGHBORHOOD REPORT
Fredericksburg, VA 22407Prepared for Home Buyer Report
Presented by
Matthew Rathbun
Mobile: (540) 455-3350 | Fax: (815) 301-6649
Coldwell Banker Elite - Locust Grove4207 Germanna HighwayLocust Grove, VA 22508
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity.
Courtesy of Coldwell Banker Elite, Coldwell Banker Elite
1/21/2014
Median Sales Price vs. SalesVolumeThis chart compares the price trend andsales volume for homes in an area.Home prices typically follow salesvolume, with a time lag, since salesactivity is the driver behind pricemovements.Data Source: Public records data wherelicensed from Lender ProcessingServices (LPS)Update Frequency: Monthly
Median Sales PriceSales Volume
Neighborhood: Housing Stats and Charts 22407 Fredericksburg Spotsylvania County VirginiaMedian Estimated Home Value $227K $249K $234K $230KEstimated Home Value 12-Month Change 9.1% 5.9% 9.6% 0.2%Median List Price $240K $268K $220K $200KList Price 1-Month Change –4% –2.6% –2.3% –0.2%List Price 12-Month Change 11.6% 14.3% 18.9% –0.2%Median Home Age 20 24 20 36Own 70% 39% 78% 68%Rent 30% 61% 22% 32%Vacancy 0.34% 4.42% 0.36% –$ Value of All Buildings for which Permits Were Issued – – $59M $3.25B% Change in Permits for All Buildings – – –2% –1%% Change in $ Value for All Buildings – – –1% 2%
Fredericksburg, VA 22407
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/21/2014
Median Listing Price vs.Listing VolumeThis chart compares the listing price andlisting volume for homes in an area.Listing prices often follow listing volume,with a time lag, because supply candrive price movements.Data Source: On- and off-market listingssourcesUpdate Frequency: Monthly
Median List PriceListing Volume
Price Range of Homes SoldThis chart shows the distribution ofhomes reported sold in the past sixmonths within different price ranges inthe area of your search. The amountshown for the subject property is solddata where available, or the property'sestimated value when sales data areunavailable (such as a non-disclosurestate) or provided in range format.Data Source: MLS and public recordsdata from Lender Processing Services(LPS)Update Frequency: Monthly
Sales Count By Price Range
Price per Square Foot ofHomes SoldThis chart shows the distribution ofhomes reported sold in the past sixmonths at different prices per squarefoot in the area of your search.Data Source: MLS and public recordsdata from Lender Processing Services(LPS)Update Frequency: Monthly
Sales Count By Price Per Sq Ft
Fredericksburg, VA 22407
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/21/2014
Size of Homes SoldThis chart shows the distribution ofhomes reported sold in the past sixmonths of different sizes in the area ofyour search.Data Source: MLS and public recordsdata from Lender Processing Services(LPS)Update Frequency: Monthly
Sales Count By Living Area
Age Range of Homes SoldThis chart shows the distribution ofhomes reported sold in the past sixmonths of different age ranges in thearea of your search.Data Source: MLS and public recordsdata from Lender Processing Services(LPS)Update Frequency: Monthly
Sales Count by Age of House
Number of Bedrooms inHomes SoldThis chart shows the distribution ofhomes reported sold in the past sixmonths, according to the number ofbedrooms, in the area of your search.Data Source: MLS and public recordsdata from Lender Processing Services(LPS)Update Frequency: Monthly
Sales Count by Bedroom
Fredericksburg, VA 22407
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/21/2014
Population of Children byAge GroupThis chart shows the distribution of thepopulation of children by age range —from birth to 17 — in the area of yoursearch.Data Source: U.S. CensusUpdate Frequency: Annually
22407
Population of Adults by AgeGroupThis chart shows the distribution of thepopulation of adults by age range —from 18 to 75-plus — in the area of yoursearch.Data Source: U.S. CensusUpdate Frequency: Annually
22407
Households With ChildrenThis chart shows the distribution ofhouseholds with children, categorized bymarital status, in the area of yoursearch.Data Source: U.S. CensusUpdate Frequency: Annually
22407
Neighborhood: People Stats and Charts 22407 Fredericksburg Spotsylvania County VirginiaPopulation 59.3K 24K 122K 7.93MPopulation Density per Sq Mi 942 2.3K 303 201Population Change since 2000 39.4% 24.6% 34.4% 12%Median Age 33 29 36 37Male / Female Ratio 50% 47% 49% 49%High School Graduate 29% 31% 29% 26%2-Year Degree 30% 26% 29% 27%Bachelor Degree 19% 18% 18% 20%Post-graduate Degree 11% 13% 11% 14%
Fredericksburg, VA 22407
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/21/2014
Household Income BracketsThis chart shows annual householdincome levels within an area.Data Source: U.S. CensusUpdate Frequency: Annually
22407
Presidential Voting PatternThis chart shows how residents of acounty voted in the 2012 presidentialelection.Data Source: USElectionAtlas.orgUpdate Frequency: Annually
Fredericksburg, VA 22407
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/21/2014
Unemployment RateThis chart shows the unemploymenttrend in the area of your search. Theunemployment rate is an important driverbehind the housing market.Data Source: Bureau of Labor StatisticsUpdate Frequency: Monthly
FredericksburgSpotsylvania CountyVirginia
Neighborhood: Economic Stats and Charts 22407 Fredericksburg Spotsylvania County VirginiaIncome Per Capita $30,458 $27,806 $31,352 $33,040Median Household Income $77,404 $44,498 $78,299 $63,302Unemployment Rate – 7.9% 4.3% 5%Unemployment Number – 1.12K 2.83K 211KEmployment Number – 13.2K 63.6K 3.99MLabor Force Number – 14.3K 66.4K 4.2M
Fredericksburg, VA 22407
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/21/2014
Occupational CategoriesThis chart shows categories ofemployment within an area.Data Source: U.S. CensusUpdate Frequency: Annually
22407
Fredericksburg, VA 22407
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/21/2014
Average Commute TimeThis chart shows average commutetimes to work, in minutes, bypercentage of an area's population.Data Source: U.S. CensusUpdate Frequency: Annually
22407
How People Get to WorkThis chart shows the types oftransportation that residents of the areayou searched use for their commute.Data Source: U.S. CensusUpdate Frequency: Annually
Average MonthlyTemperatureThis chart shows average temperaturesin the area you searched.Data Source: NOAAUpdate Frequency: Annually
Neighborhood: Quality of Life Stats and ChartsQuality of Life in 22407 22407 Fredericksburg Spotsylvania County VirginiaElevation (in feet) 256 154 286 –Annual Rainfall (in inches) 45 45 45 43.84Annual Snowfall (in inches) 18.05 18.05 18.05 19.92Annual Sunny Days 98 98 98 93Avg Travel Time to Work (in minutes) – 27 38 27Water Quality - Health Violations – – – –Water Quality - Monitoring and Report Violations – – – –Superfund Sites 0 0 2 264Brownfield Sites No No No Yes
Fredericksburg, VA 22407
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/21/2014
Work:(540) 372-4100Fax:(540) 372-4114
RGS Title
2015 Plank RoadFredericksburg, VA 22401www.rgstitle.com
Work:(540) 419-5842
Contact:Brett [email protected]
Coldwell Banker Mortgage
990 Bragg RoadFredericksburg, VA 22407www.fredericksburgvahomeloans.com
NOTE: This communication is provided to you for informational purposes only and should not be relied upon by you. The real estate firm identified onthis report is not a mortgage lender and so you should contact the mortgage company identified above directly to learn more about its mortgageproducts and your eligibility for such products.
Fredericksburg, VA 22407
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity. 1/21/2014