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...
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...
The Fredericksburg Area Association of REALTORS® (FAAR) hosted its annual Awards Banquet on April 16, 2025, at Dominion Raceway in Spotsylvania County. This event brings together industry leaders to honor the personal and professional achievements of its members. The...
March kicked off the spring market with a strong showing, despite the challenging economic and workforce headwinds facing the region. Median sold price was up nearly 6% year-over-year, coming in at $475,325 in March of 2025 compared to $449,949 last year. Total sold...
