The regional median home price was up again in June, with all but two localities in the FAAR footprint seeing increases. The median sold price settled at $480,000 this month compared to $474,093 in June of 2024, representing a 1% year-over-year increase. Units sold...
The Fredericksburg Area Association of Realtors® (FAAR) Public Policy Committee, with approval of the FAAR Board of Directors, has submitted two important legislative issues to the Virginia Realtors® for potential inclusion in the 2026 statewide Realtor® agenda. The...
The local real estate market in May continued to post higher rates of inventory than in the past, but also posted the highest median price ever on record. May saw the month close out with a chart-topping median price of $489,900 compared to $474,000 a year ago, a...
During the 2025 National Association of REALTORS® Legislative Meetings, five members of FAAR met with Virginia’s 7th District Representative, Eugene Vindman, in Washington, D.C., to advocate for policies that will increase the housing supply and improve access...
Step Up. Lead Forward. Make an Impact. FAAR is now accepting applications for the 2026 Board of Directors. This is your chance to help guide the future of your association—your professional home away from home. In a time of industry change and new opportunities, FAAR...
The local real estate market continued to see rising prices against a backdrop of expanding inventory and fewer sales than a year ago. The median price for April increased nearly 3%, going from $450,000 last April to $462,000 this year. While prices continued to...
