Prices up again in August as pace of sales continues to slow

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 August increased more than 5%, going from $461,500 last August to $485,750 this year.  While prices continued...

2026 FAAR Board of Directors announced

  FAAR elections concluded at the Expo on September 10 and the results were announced at the General Membership Meeting. Please join us in congratulating the following members who have stepped up to the plate for their fellow REALTORS® to serve on the 2026 Board of...

Area median home price sets record in July

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...

Regional home prices tick up again

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...

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