Hotels, improvement program newsmakers - Fredericksburg.com

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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

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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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