Jeff Branscome writes about Spotsylvania County.
Monthly MRIS update for July
According to a staff report, the median sale price of the 162 homes that sold in Spotsylvania increased 11.17 percent to $218,450, up from $196,500 in June 2009.
I asked Commissioner of the Revenue Debbie Williams how the assessments were looking and she said the market continues to be erratic with month-to-month percentage differences since January 2008. The changes range from an increase of 15.78 percent in May 2009 to a low of negative 11.26 percent in February 2009.
This is going to be a very, very interesting tax year.