Median Sales Prices*

(Aug. ’11)

(July ’11)

(Aug. ’10)

Fredericksburg city

$220,000

$265,000

$283,500

Stafford

$225,000

$245,000

$249,625

Spotsylvania

$187,000

$195,450

$200,000

Caroline

$110,000

$158,500

$150,000

King George

$202,450

$240,000

$232,866

Orange

$150,000

$145,000

$160,000

Fauquier

$248,750

$278,750

$251,000

Culpeper

$190,000

$185,000

$209,000

Fredericksburg area**

$196,750

$219,450

$232,000

* Median is the middle price. For example, if 11 homes were sold, the median would be the price of the 6th-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 August was $224,729.

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

–Metropolitan Regional Information Systems Inc.