Current Market Conditions – Caroline County, Virginia

Metropolitan Regional Information Systems, Inc. Real Estate Trend Indicator – <$30K to >$500K Format

Caroline County, VA
From: 02/01/2010 to 02/28/2010                Statistics generated on: 03/08/2010

Residential
Unit Sales
Number of Bedrooms
Active Listings Time on Market
Price Class 2
Or Less
3 4
or More
Condo
Coop and
Ground Rent
Residential
Condo
Coop and
Ground Rent
of Units Sold
(No. of Units)
Under $30,000 0 0 0 0 0 0 1 -30 Days 7
$30,000-$39,000 0 0 0 0 1 0 31-60 Days 2
$40,000-$49,999 0 0 0 0 1 0 61 – 90 Days 2
$50,000-$59,999 0 0 0 0 1 0 91-120 Days 7
$60,000-$69,999 0 0 0 0 1 0 Over 120 Days 7
$70,000-$79,999 0 1 0 0 5 0 Total 25
$80,000-$89,999 0 0 0 0 5 0
$90,000-$99,999 0 2 0 0 5 0 Type of Financing
of Units Sold
(No. of Units)
$100,000-$119,999 0 3 0 0 23 0
$120,000-$139,999 0 3 0 0 27 0 Conventional 5
$140,000-$159,999 0 2 1 0 34 0 FHA 13
$160,000-$179,999 0 0 1 0 31 0 VA 3
$180,000-$199,999 0 0 1 0 25 0 Assumption 0
$200,000-$249,999 0 3 2 0 56 0 Cash 4
$250,000-$299,999 0 1 1 0 27 0 Owner Finance 0
$300,000-$399,999 0 2 2 0 22 0 All Other 0
$400,000-$499,999 0 0 0 0 7 0 Unreported 0
Over $500,000 0 0 0 0 15 0 Total 25
Totals 0 17 8 0 286 0
Grand Totals 25 286
2010 2009 % Change
Total Sold Dollar Volume: $ 4,786,302 $ 3,186,400 50.21 %
Average Sold Price: $ 191,452 $ 144,836 32.19 %
Median Sold Price: $ 160,100 $ 129,200 23.92 %
Total Units Sold: 25 22 13.64 %
Average Days on Market: 85 124 - 31.45 %
Average List Price for Solds: $ 196,419 $ 172,700 13.73 %
Avg Sale Price as a percentage of Avg List Price: 97.47 % 83.87 %
Total Number of NEW listings
taken for the month: 47
Total Number of Properties
marked Contract for the month: 17
Total Number of Properties
marked Contingent for the month: 8
Total Number of NEW pendings
(CONTRACTS + CONTINGENTS): 25

Source: Metropolitan Regional Information Systems, Inc. – MLS Resale Data
Copyright 2010 – Information deemed reliable, but is not guaranteed.

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