Falcon Ridge
Falcon Ridge

On The Market in Falcon Ridge

Falcon Ridge Real Estate

Homes for sale in Fredericksburg's Falcon Ridge Estate neighborhood

Real Estate Market Stats

Basic Stats Overview

Data Source: MRIS Listing Data, Last Updated: 10/15/2017
M/M Y/Y
Homes for Sale 614 -7.8% -0.5%
Months Inventory 3.37 -9.5% -9.5%
Contracts Pending 321 -5.0% +3.7%
Solds: 90 Day 597 -4.0% +8.4%
Average List Price/Sold Price 98.64% 0.0% +0.3%
Active/Pending Ratio 1.91 -2.6% -4.7%
Average Price M/M Y/Y
Active $406,575 +0.5% +1.3%
Pending $307,526 +1.2% +5.2%
90 Day Sold $303,813 -0.0% +4.8%
Median Price
Active $358,495 +2.4% +4.7%
Pending $270,000 0.0% +3.7%
90 Day Sold $269,900 -1.9% +5.3%
Days on Market
Active 93.86 +10.2% -6.9%
Pending 54.48 +7.5% -7.1%
90 Day Sold 38.12 +11.3% -12.2%
M/M Y/Y
Homes for Sale 575 -8.3% -1.9%
Months Inventory 3.47 -10.4% -11.2%
Contracts Pending 290 -4.5% 0.0%
Solds: 90 Day 534 -5.2% +6.2%
Average List Price/Sold Price 98.66% -0.0% +0.4%
Active/Pending Ratio 1.98 -4.0% -2.0%
Average Price M/M Y/Y
Active $417,377 +0.9% +1.6%
Pending $316,086 +0.5% +5.4%
90 Day Sold $316,458 +0.4% +6.0%
Median Price
Active $369,900 +2.7% +4.0%
Pending $282,450 +0.9% +5.3%
90 Day Sold $285,000 -1.7% +6.3%
Days on Market
Active 96.14 +11.1% -7.5%
Pending 54.83 +6.2% -7.6%
90 Day Sold 40.40 +12.1% -10.6%
M/M Y/Y
Homes for Sale 36 0.0% +27.8%
Months Inventory 2.23 -0.4% +22.9%
Contracts Pending 31 -9.7% +41.9%
Solds: 90 Day 62 +6.5% +25.8%
Average List Price/Sold Price 98.31% +0.1% -0.8%
Active/Pending Ratio 1.16 +8.6% -24.1%
Average Price M/M Y/Y
Active $248,122 -5.5% +11.8%
Pending $227,449 +8.4% +21.2%
90 Day Sold $195,927 +0.2% -2.6%
Median Price
Active $244,945 -4.1% +11.2%
Pending $229,900 +7.6% +25.0%
90 Day Sold $186,000 0.0% -12.1%
Days on Market
Active 44.39 +5.3% -10.6%
Pending 51.23 +19.8% +1.5%
90 Day Sold 19.00 +6.9% -14.6%
M/M Y/Y
Homes for Sale 3 0.0% -66.7%
Months Inventory 9.00 0.0% -566.7%
Contracts Pending 0 N/A N/A
Solds: 90 Day 1 0.0% N/A
Average List Price/Sold Price 97.96% 0.0% N/A
Active/Pending Ratio 0.00 N/A N/A
Average Price M/M Y/Y
Active $237,567 0.0% +2.5%
Pending $0 N/A N/A
90 Day Sold $240,000 0.0% N/A
Median Price
Active $243,900 0.0% -2.1%
Pending $0 N/A N/A
90 Day Sold $240,000 0.0% N/A
Days on Market
Active 251.33 -36.9% +96.4%
Pending 0.00 N/A N/A
90 Day Sold 8.00 0.0% N/A

How Much is Available?

Data Source: MRIS Listing Data, Active Inventory
The number of Falcon Ridge homes listed for sale. Lower inventory favors sellers in negotiations.

How Many Months of Inventory?

Data Source: MRIS Listing Data, Months Inventory
The number of homes listed for sale in Falcon Ridge divided by the number of homes sold in one month. Higher inventory favors buyers.

More Actives or More Pendings?

Data Source: MRIS Listing Data, Active/Pending Ratio
Ratio of homes in Falcon Ridge listed for sale versus those under contract. The lower the number, the hotter the market.

Are Sellers Negotiating?

Data Source: MRIS Listing Data, List/Sold Ratio
Shows a comparison between the final sales price of homes sold in Falcon Ridge versus their list price.

What is Average?

Data Source: MRIS Listing Data, Average Sale Price (90 Days)
Average list price of homes for sale in Falcon Ridge

How Fast Are They Selling?

Data Source: MRIS Listing Data, Days on Market (Sold Listings 90 Days)
Average days from Listing Date to Sold Date for Falcon Ridge homes that sold in the past 90 days.