The regional median home price was up again in July, despite anecdotal information from area Realtors® that they are seeing a slower pace of sales. The median home price for July came in at a record setting $490,000, up 3% year-over-year compared to $473,740 last...
Stay connected. Renew your REALTOR® membership today! Thank you for being a member of FAAR, where we take pride in our professional level of service and a unique sense of belonging in the community. To continue to meet our Strategic Plan goals, we made the difficult...
Slate of Candidates- 2026 Leadership Electronic Voting begins August 1 at 10 AM and ends September 10 at 9:15 AM Results will be announced on September 10th at the General Membership Meeting at the FAAR Expo (https://www.faarmembers.com/expo). The results will be...
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...
