Caroline County, VA Market Report – 8/29/13

29 Aug
August 29, 2013

Average prices are up 4.54%, which is a change from 3 months ago, where the prices were down over 3% from the previous year. The number of closed sales has remained steady, with single family homes priced at $300,000 and below, making up the majority of homes sold.

Statistic Values YoY MoM
Total Sold Dollar Volume  $6,399,080 +4.54% +12.81%
Closed Sales    38 0% 0%
Median Sold Price $149,950 +3.41% +12.15%
Avg Sold Price $168,416 +4.54% +12.81%
Avg Days on Market 96 -40% +18.52%
Avg Sold to Orig List Ratio 92.76% +7.13% -1.05%

Caroline County is being discovered as a convenient, yet unspoiled area to live. History abounds, and visits to the colonial village of Bowling Green and Port Royal are popular. There are many recreational activities like golf, camping and hiking. The State Fair of Virginia is held annually in the county, and Kings Dominion Amusement Park is fun for everyone.

Access to train transportation from Carmel Church Station is being developed, and a short drive on I-95 brings you to historic Fredericksburg and Richmond attractions, festivals, concerts and fine dining. Caroline County is growing, so now may be the time to buy while prices remain low. 

The agents at the Fredericksburg Regional Office know Caroline County and the surrounding areas, and are ready to assist you with all your real estate needs!

Market data and commentary provided by Pat Kline, Manager of the Fredericksburg Regional Office, Avery-Hess, Realtors.

 

Erica Higgins

Administrative Manager & Marketing Assistant at Avery-Hess, Realtors
Front Royal
Office: (540) 631-9009
Email: ehiggins@averyhess.com

Latest posts by Erica Higgins (see all)

Tags: , ,
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply