Regional Housing Market Shows No Signs of Price Cooling

The regional median home price was up again in August, with every locality seeing increases.  The median sold price settled at $450,000 in August of 2023 compared to $427,000 in August of 2022, representing a nearly 6% year-over-year increase.  Units sold were down...

FAAR sends letter to Stafford County about probate delays

The FAAR Board of Directors recently sent a letter to the Stafford County Clerk of the Court expressing concerns about the significant delays many are experiencing getting an estate through the probate process.  Families detail waits of 6 months or more with bills and...

Regional Sales Price Keeps Increasing

The regional median home price was up again in July, with all but one locality seeing increases.  The median sold price settled at $462,450 this month compared to $438,200 in July of 2022, representing a nearly 6% year-over-year increase.  Units sold were down 20%,...

Regional Housing Market Holds Steady as Summer Season Kicks Off

The regional median home price was up again in June, with all but one locality seeing increases.  The median sold price settled at $450,000 this month compared to $441,000 in June of 2022, representing a 2% year-over-year increase.  Units sold were down 16%, coming in...

Median home price swings back up in May

The regional median home price was up in May, but individual localities saw wins and losses in the price department.  The median sold price settled at $454,950 this month compared to $436,000 in May of 2022, representing a 4% year-over-year increase.  Units sold were...

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