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.
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Caroline County is being discovered as a convenient, yet unspoiled area to live. History abounds, and visits to the colonial village of Bowling Green
Boy are we living in interesting times! Our market has been all over the place this year! We started off the year with snowy weekends which then moved on to the February blizzard! We then experienced the frenzy of activity from Buyers qualifying for the tax credit.
It appears that prices in Caroline County were on the rise this spring! Listings were up, closed sales were up and days on market decreased! What wonderful news considering what all of us are used to hearing in today's media!
In Caroline County, closed sales increased 45.5% and the average days on market decreased 53.3%, which is great news. Homes that are priced right, in good condition, and in a good location are starting to sell much quicker. The percentage of original sales price increased 9.6%, meaning sellers are receiving much better offers.
Caroline is a mostly rural county that is located south of Fredericksburg. According to the Associated Press monthly analysis, it is among the top five counties in the United States with the most improved foreclosure rate between July and August 2009.