Median Sales Prices*

July ’11

June ’11

July ’10

Fredericksburg

$265,000

$208,950

$283,250

Stafford

$245,000

$251,000

$242,500

Spotsylvania

$195,450

$195,000

$199,900

Caroline

$158,500

$119,900

$126,000

King George

$240,000

$239,900

$215,000

Orange

$145,000

$175,000

$163,000

Fauquier

$278,750

$316,000

$299,850

Culpeper

$185,000

$174,500

$162,500

Fredericksburg area**

$219,450

$212,000

$215,000

* Median is the middle price. For example, if 11 homes were sold, the median would be the price of the sixth-most-expensive home (the middle one). We use this figure because extremely expensive or inexpensive homes can skew averages. The average sales price tends to be higher than the median. For example, the Fredericksburg-area average sales price for July was $239,463.

** This area-wide median home sales price includes all of Fredericksburg and Stafford, Spotsylvania, Caroline and King George counties.

–Metropolitan Regional Information Systems Inc.