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.
1. NEIGHBORHOOD REPORT
Fredericksburg, VA 22407
Prepared for Home Buyer Report
Presented by
Matthew Rathbun
Mobile: (540) 455-3350 | Fax: (815) 301-6649
CBEMatthew@gmail.com
www.MatthewRathbun.com
Coldwell Banker Elite - Locust Grove
4207 Germanna Highway
Locust Grove, VA 22508
Courtesy of Coldwell Banker Elite, Coldwell Banker Elite
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved.
Information is not guaranteed. Equal Housing Opportunity.
1/21/2014
2. Fredericksburg, VA 22407
Neighborhood: Housing Stats and Charts
Median Estimated Home Value
22407
$227K
Fredericksburg
$249K
Spotsylvania County
$234K
Virginia
$230K
Estimated Home Value 12-Month Change
Median List Price
List Price 1-Month Change
List Price 12-Month Change
Median Home Age
Own
Rent
Vacancy
$ Value of All Buildings for which Permits Were Issued
% Change in Permits for All Buildings
9.1%
$240K
–4%
11.6%
20
70%
30%
0.34%
–
–
5.9%
$268K
–2.6%
14.3%
24
39%
61%
4.42%
–
–
9.6%
$220K
–2.3%
18.9%
20
78%
22%
0.36%
$59M
–2%
0.2%
$200K
–0.2%
–0.2%
36
68%
32%
–
$3.25B
–1%
% Change in $ Value for All Buildings
–
–
–1%
2%
Median Sales Price vs. Sales
Volume
This chart compares the price trend and
sales volume for homes in an area.
Home prices typically follow sales
volume, with a time lag, since sales
activity is the driver behind price
movements.
Data Source: Public records data where
licensed from Lender Processing
Services (LPS)
Update Frequency: Monthly
Median Sales Price
Sales Volume
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved.
Information is not guaranteed. Equal Housing Opportunity.
1/21/2014
3. Fredericksburg, VA 22407
Median Listing Price vs.
Listing Volume
This chart compares the listing price and
listing volume for homes in an area.
Listing prices often follow listing volume,
with a time lag, because supply can
drive price movements.
Data Source: On- and off-market listings
sources
Update Frequency: Monthly
Median List Price
Listing Volume
Price Range of Homes Sold
This chart shows the distribution of
homes reported sold in the past six
months within different price ranges in
the area of your search. The amount
shown for the subject property is sold
data where available, or the property's
estimated value when sales data are
unavailable (such as a non-disclosure
state) or provided in range format.
Data Source: MLS and public records
data from Lender Processing Services
(LPS)
Update Frequency: Monthly
Sales Count By Price Range
Price per Square Foot of
Homes Sold
This chart shows the distribution of
homes reported sold in the past six
months at different prices per square
foot in the area of your search.
Data Source: MLS and public records
data from Lender Processing Services
(LPS)
Update Frequency: Monthly
Sales Count By Price Per Sq Ft
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved.
Information is not guaranteed. Equal Housing Opportunity.
1/21/2014
4. Fredericksburg, VA 22407
Size of Homes Sold
This chart shows the distribution of
homes reported sold in the past six
months of different sizes in the area of
your search.
Data Source: MLS and public records
data from Lender Processing Services
(LPS)
Update Frequency: Monthly
Sales Count By Living Area
Age Range of Homes Sold
This chart shows the distribution of
homes reported sold in the past six
months of different age ranges in the
area of your search.
Data Source: MLS and public records
data from Lender Processing Services
(LPS)
Update Frequency: Monthly
Sales Count by Age of House
Number of Bedrooms in
Homes Sold
This chart shows the distribution of
homes reported sold in the past six
months, according to the number of
bedrooms, in the area of your search.
Data Source: MLS and public records
data from Lender Processing Services
(LPS)
Update Frequency: Monthly
Sales Count by Bedroom
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved.
Information is not guaranteed. Equal Housing Opportunity.
1/21/2014
5. Fredericksburg, VA 22407
Neighborhood: People Stats and Charts
22407
Fredericksburg
Spotsylvania County
Virginia
Population
Population Density per Sq Mi
59.3K
942
24K
2.3K
122K
303
7.93M
201
Population Change since 2000
Median Age
39.4%
33
24.6%
29
34.4%
36
12%
37
Male / Female Ratio
50%
47%
49%
49%
High School Graduate
2-Year Degree
29%
30%
31%
26%
29%
29%
26%
27%
Bachelor Degree
Post-graduate Degree
19%
11%
18%
13%
18%
11%
20%
14%
Population of Children by
Age Group
This chart shows the distribution of the
population of children by age range —
from birth to 17 — in the area of your
search.
Data Source: U.S. Census
Update Frequency: Annually
22407
Population of Adults by Age
Group
This chart shows the distribution of the
population of adults by age range —
from 18 to 75-plus — in the area of your
search.
Data Source: U.S. Census
Update Frequency: Annually
22407
Households With Children
This chart shows the distribution of
households with children, categorized by
marital status, in the area of your
search.
Data Source: U.S. Census
Update Frequency: Annually
22407
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved.
Information is not guaranteed. Equal Housing Opportunity.
1/21/2014
6. Fredericksburg, VA 22407
Household Income Brackets
This chart shows annual household
income levels within an area.
Data Source: U.S. Census
Update Frequency: Annually
22407
Presidential Voting Pattern
This chart shows how residents of a
county voted in the 2012 presidential
election.
Data Source: USElectionAtlas.org
Update Frequency: Annually
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved.
Information is not guaranteed. Equal Housing Opportunity.
1/21/2014
7. Fredericksburg, VA 22407
Neighborhood: Economic Stats and Charts
Income Per Capita
Median Household Income
22407
$30,458
$77,404
Fredericksburg
$27,806
$44,498
Spotsylvania County
$31,352
$78,299
Virginia
$33,040
$63,302
Unemployment Rate
Unemployment Number
Employment Number
–
–
–
7.9%
1.12K
13.2K
4.3%
2.83K
63.6K
5%
211K
3.99M
Labor Force Number
–
14.3K
66.4K
4.2M
Unemployment Rate
This chart shows the unemployment
trend in the area of your search. The
unemployment rate is an important driver
behind the housing market.
Data Source: Bureau of Labor Statistics
Update Frequency: Monthly
Fredericksburg
Spotsylvania County
Virginia
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved.
Information is not guaranteed. Equal Housing Opportunity.
1/21/2014
8. Fredericksburg, VA 22407
Occupational Categories
This chart shows categories of
employment within an area.
Data Source: U.S. Census
Update Frequency: Annually
22407
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved.
Information is not guaranteed. Equal Housing Opportunity.
1/21/2014
9. Fredericksburg, VA 22407
Neighborhood: Quality of Life Stats and Charts
Quality of Life in 22407
Elevation (in feet)
Annual Rainfall (in inches)
Annual Snowfall (in inches)
22407
256
45
18.05
Fredericksburg
154
45
18.05
Spotsylvania County
286
45
18.05
Virginia
–
43.84
19.92
Annual Sunny Days
Avg Travel Time to Work (in minutes)
Water Quality - Health Violations
98
–
–
98
27
–
98
38
–
93
27
–
Water Quality - Monitoring and Report Violations
Superfund Sites
Brownfield Sites
–
0
No
–
0
No
–
2
No
–
264
Yes
Average Commute Time
This chart shows average commute
times to work, in minutes, by
percentage of an area's population.
Data Source: U.S. Census
Update Frequency: Annually
22407
How People Get to Work
This chart shows the types of
transportation that residents of the area
you searched use for their commute.
Data Source: U.S. Census
Update Frequency: Annually
Average Monthly
Temperature
This chart shows average temperatures
in the area you searched.
Data Source: NOAA
Update Frequency: Annually
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved.
Information is not guaranteed. Equal Housing Opportunity.
1/21/2014
10. Fredericksburg, VA 22407
RGS Title
Coldwell Banker Mortgage
athompson@rgstitle.com
Work:(540) 372-4100
Fax:(540) 372-4114
Contact:
Brett Jennings
bjennings@coldwellbankerelite.com
Work:(540) 419-5842
2015 Plank Road
Fredericksburg, VA 22401
www.rgstitle.com
990 Bragg Road
Fredericksburg, VA 22407
www.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 on
this report is not a mortgage lender and so you should contact the mortgage company identified above directly to learn more about its mortgage
products and your eligibility for such products.
Copyright 2014 Realtors Property Resource® LLC. All Rights Reserved.
Information is not guaranteed. Equal Housing Opportunity.
1/21/2014