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%,...
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...
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...
Could the region finally see a stop to ever increasing home prices? April statistics show that it’s possible the tide is turning and that prices will finally cool after months of plummeting demand and high interest rates. April of 2023 saw prices dip across the...
FOR IMMEDIATE RELEASEContact: Carol Sondrini 540-373-7711news@faarmembers.com More of the Same in March for Local Real Estate MarketHigh prices, falling demand continue Fredericksburg, VA – (April 17, 2023) – The following analysis of the Fredericksburg, Virginia...
February 2023 saw more of the same in the local real estate market with falling demand, rising prices, and increasing days on market. Total sold dollar volume was down 20% coming in at approximately $158.7 million compared to nearly $200 million in February of 2022. ...
