Tag Archive for: Caroline County Virginia

Caroline County, VA Market Report – 12/9/13

09 Dec
December 9, 2013 Caroline County is an affordable area within easy commute of both the Fredericksburg and Richmond areas. An assortment of homes, from lakeside properties to new planned communities, make this area attractive choice for many buyers. The median home price in the county increased by 52.73% over last year at this time, and is up 6.7% from September. There were fewer homes on the market, another  indicator that lack of inventory helped boost prices. The largest sector of purchasers paid cash for their homes, but all other financing options are represented as well. If you’re thinking of buying or selling soon, consider jumping into the market early in 2014! Statistic Values YoY MoM Total Read more [...]

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 Read more [...]

Caroline County, VA Market Report – 5/21/13

21 May
May 21, 2013 The number of closed sales increased 57.69% from last year, and the days on the market is down 31.82%, which indicates that homes are selling more quickly than in the past.  Average prices are down 6.07%, which indicates more competition from the increase in homes on the market.  The largest sector of purchasers paid cash for their homes, but all other financing options are represented as well. Statistic Values YoY MoM Total Sold Dollar Volume  $6,012,349 +48.11% +121.26% Closed Sales    41 +57.69% +115.79 Median Sold Price $125,000 -12.28% -13.73% Avg Sold Price $146,643 -6.07% +2.54% Avg Days on Market 60 -31.82% -22.08% Avg Sold to Orig List Ratio 92.5% -2.44% -1.84% Caroline Read more [...]