2020 Fredericksburg Annual Wrap-Up

2020 Annual Wrap-Up

2020 was a year unlike any other. Though the year was filled with unprecedented tragedy, trials, and tribulations, there were moments of joy worth celebrating—new babies were born, a record number of dogs were adopted, and many experienced the undeniable joy of purchasing a new home. With a sense of gratitude and optimism, we offer this 2020 Fredericksburg Annual Wrap-Up—we look back to move forward.

Highlights:

  • There were 7,592 total home sales in the MSA in 2020 compared to 6,356 in 2019. This translates into a 19.4% increase.
  • From 2019 to 2020 the average sales price increased by 9.1%. In 2020 the average sales price was $367,538 compared to $336,925 in 2019.
  • In 2020 on average a listing stayed on the market for 28 days before closing. There were 8,768 new listings.

Click here to read the full report.

We hope the 2020 Nest Annual Wrap-Up gets you thinking about all of the ins and outs of the local and national market. Have questions? Great! Nest is ready to be your local housing market experts!

Spread the love

Written by
Posted in Fredericksburg, Fredericksburg Market Reports
Tags: , , , ,
Comments closed

Comments are closed.

Join our Newsletter

×