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Business Insider

Lindley Estes is a business writer for The Free Lance-Star and This blog is on Fredericksburg-area business. Send an e-mail to Lindley Estes.

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Homes in Spotsy, Stafford now nearly same price

The median sales price for a home in Spotsylvania County was just $159 less than in Stafford County in November, according to data from Metropolitan Regional Information Systems Inc. That’s the smallest that the difference has been between the two counties since January 2000. During the housing boom of 2005-2007, median sales prices in Stafford were routinely more than $50,000 higher than those in Spotsylvania. Many D.C. commuters were willing to pay more to have that much less of a drive to work. But now weakness in the Prince William County market has pushed down prices in Stafford as well.

Here is the data showing median housing prices in Stafford and Spotsylvania for every month since 2000. Below is a chart that shows the median housing prices in Stafford and Spotsylvania since January 2000. I’ll have an article on this topic in Sunday’s Free Lance-Star Business section.

Housing chart

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