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: 9/18/2018
M/M Y/Y
Homes for Sale 634 +1.3% -2.5%
Months Inventory 3.46 +2.3% -4.3%
Contracts Pending 291 -5.2% -16.5%
Solds: 90 Day 619 -11.1% +0.5%
Average List Price/Sold Price 98.62% -0.1% -0.1%
Active/Pending Ratio 2.18 +6.0% +11.9%
Average Price M/M Y/Y
Active $403,454 -2.5% -0.3%
Pending $323,061 -1.7% +5.2%
90 Day Sold $313,035 +2.0% +2.9%
Median Price
Active $350,000 -2.1% 0.0%
Pending $285,000 -2.3% +5.4%
90 Day Sold $285,000 +3.5% +3.5%
Days on Market
Active 83.71 +9.4% -4.1%
Pending 39.44 +2.6% -28.7%
90 Day Sold 36.32 +8.9% +6.3%
M/M Y/Y
Homes for Sale 592 +1.0% -3.7%
Months Inventory 3.62 +1.9% -3.6%
Contracts Pending 263 -8.0% -14.1%
Solds: 90 Day 566 -9.0% +1.2%
Average List Price/Sold Price 98.66% -0.1% -0.1%
Active/Pending Ratio 2.25 +8.4% +8.9%
Average Price M/M Y/Y
Active $415,897 -2.4% +0.8%
Pending $335,050 -0.5% +4.7%
90 Day Sold $323,093 +1.4% +2.5%
Median Price
Active $365,000 -1.1% +1.5%
Pending $299,900 -1.2% +6.7%
90 Day Sold $290,000 +1.7% 0.0%
Days on Market
Active 85.32 +8.7% -3.4%
Pending 41.29 +6.4% -26.0%
90 Day Sold 37.37 +8.3% +4.5%
M/M Y/Y
Homes for Sale 39 +5.1% +15.4%
Months Inventory 1.97 +7.1% -4.6%
Contracts Pending 28 +21.4% -39.3%
Solds: 90 Day 53 -34.0% -5.7%
Average List Price/Sold Price 98.03% -0.6% -0.2%
Active/Pending Ratio 1.39 -20.9% +38.8%
Average Price M/M Y/Y
Active $229,646 -0.2% -16.4%
Pending $210,450 -7.0% +1.4%
90 Day Sold $205,628 -0.4% +4.4%
Median Price
Active $232,000 +1.7% -11.9%
Pending $197,750 -9.5% -6.1%
90 Day Sold $200,000 0.0% +5.3%
Days on Market
Active 51.51 +29.1% +14.2%
Pending 22.07 -59.4% -85.5%
90 Day Sold 25.13 +9.6% +28.4%
M/M Y/Y
Homes for Sale 3 0.0% 0.0%
Months Inventory 0.00 N/A N/A
Contracts Pending 0 N/A N/A
Solds: 90 Day 0 N/A N/A
Average List Price/Sold Price 0.00% N/A N/A
Active/Pending Ratio 0.00 N/A N/A
Average Price M/M Y/Y
Active $207,667 0.0% -14.4%
Pending $0 N/A N/A
90 Day Sold $0 N/A N/A
Median Price
Active $209,000 0.0% -16.7%
Pending $0 N/A N/A
90 Day Sold $0 N/A N/A
Days on Market
Active 185.00 +16.8% -87.6%
Pending 0.00 N/A N/A
90 Day Sold 0.00 N/A 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.