Real Estate Marketing Report for Fredericksburg Virginia

Page 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速 LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity.

1/21/2014


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


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速 LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity.

1/21/2014


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速 LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity.

1/21/2014


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


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速 LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity.

1/21/2014


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


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速 LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity.

1/21/2014


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


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速 LLC. All Rights Reserved. Information is not guaranteed. Equal Housing Opportunity.

1/21/2014


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.