November sees a housing market in transition

The regional housing market demonstrated significant softness this November with falling sales and total sold volume along with stagnant price appreciation.  Median price didn’t budge from last year, again coming in at $465,000 across the region.  Units sold dropped...

King George Planning Commission rejects downzoning amendment

The King George Planning Commission met on Wednesday, November 12, 2025, to conduct a public hearing on changes proposed by the Board of Supervisors that would increase minimum lot sizes in the county’s largest zoning category.  These changes would impact all...

Median home prices back up in October

Median housing price increases rebounded again in October after just one month of year-over-year decreases in September.  Median price was up over 3% in October 2025, coming in at $469,900 compared to $455,000 last October.  Units sold were also up over last year with...

Median price dips for first time in over two years

Could the region finally see a stop to ever increasing home prices?  September statistics show that it’s possible the tide is turning and that prices will finally cool after more than six years of consistent price growth.  September of 2025 saw prices dip across the...

Meet FAAR’s endorsed candidates for the November 4 election!

Each election cycle, members of FAAR’s Public Policy Committee invite candidates for local public office in for an interview to both get to know that candidate and to evaluate them for potential endorsement.  An endorsement typically involves a financial...

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...

Pin It on Pinterest