Hotels, improvement program newsmakers - Fredericksburg.com
Here is a look at some local economic indicators for the three months ending Sept. 30. The data are for Fredericksburg and the counties of Caroline, King George, Stafford and Spotsylvania unless otherwise noted. The latest available data are used.
Home sales
Q3 2011: 1,033
Q2 2011: 1,167
Q3 2010: 1,015
--Metropolitan Regional Information Systems Inc.
Median housing prices
September 2011: $200,000
September 2010: $215,450
--Metropolitan Regional Information Systems Inc.
Hotel nightly revenue per available room
(Fredericksburg, Stafford, Spotsylvania)
YTD 2011 (through August): $45.05, $40.28, $38.97
YTD 2010 (through August): $44.90, $46.28, $41.21
--Smith Travel Research
Unemployment rate
August 2011: 6.2 percent
August 2010: 6.3 percent
--Virginia Employment Commission
New vehicle registrations
Q3 2011: 3,531
Q3 2010: 3,443
--Virginia Automobile Dealers Association
Local sales tax receipts
July-Aug. 2011: $6.39 million
July-Aug. 2010: $6.06 million
--Virginia Department of Taxation
Commercial real estate vacancy rates
(Office, Industrial/Flex, Retail)
Q3 2011: 12.3 percent, 18.8 percent, 6.9 percent
Q3 2010: 15.4 percent, 18 percent, 7.4 percent
--Cushman & Wakefield | Thalhimer
16 Oct, 2011--
Source: http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNG7dz--of21V-Ks0sIeGuEN0lw29w&url=http://www.fredericksburg.com/News/FLS/2011/102011/10162011/657454
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