Market Statistics
SmartCharts that provide up-to-date market statistics in the region.2020 2nd Quarter FAAR Home Sales Report
Top story from Q2: There are no homes on the market! The area’s inventory is woefully under-supplied creating a very competitive marketplace. Check out the full report and use it in your business…
Dashboard Gauges
Market Activity
Pricing Trends
Supply and Demand
Market News
More of the Same in the Fredericksburg-area Real Estate Market
The local real estate market continues to experience high transaction volume, low inventory, and rising prices. As summer faded into early fall, inventory shrunk to just under one month of supply. A healthy, balanced market is generally considered to have a 6-month...
Judge denies motion to dismiss MLS lawsuit
From NAR Legal Counsel, Katie Johnson, regarding the current status of lawsuits pertaining to MLS operation... As we continue to provide updates on the Moehrl v. NAR lawsuit, I wanted to let you know the judge denied our motion to dismiss and the case will proceed to...
Virginia REALTORS® Announces 2020 Good Neighbor Award Recipients
RICHMOND, Va. (October 1, 2020) – Virginia REALTORS® celebrates its 2020 awardees. The association conducted its annual awards ceremony through its first-ever virtual awards show on September 30, 2020. The ceremony recognized excellence in various areas of real...
Upcoming Safety Webinars
From Bright MLS Bright Subscribers! Join us, Friday, September 18, for a free Safety from the Start Webinar with REALTOR® and safety advocate Carl Carter, Jr. of the Beverly Carter Foundation. Carl will share his story and important tips on how to have tough...
No Slow Down in the Fredericksburg-area Real Estate Market
The local real estate market shows no sign of cooling as summer draws to a close. Total sold dollar volume was up over 30% from last year, coming in at approximately $281.3 million this August compared to $215 million last August. The region’s median price increased...
Stafford County Downzoning: What YOU need to know
What’s happening? The Stafford County Board of Supervisors is anticipated to consider downzoning properties in the A-1 zoning category. Under current regulations, landowners are permitted to subdivide their acreage into minimum lot sizes of 1 home per 3 acres. The...
Fredericksburg Area Real Estate Market Continues to Sizzle
The local real estate market continues to sizzle fueled by plummeting inventory and skyrocketing demand as many prospective buyers look for more space, more yard, and more in-home amenities like pools and playscapes. Total sold dollar volume was up over 30% from last...
Big story from Q2 real estate statistics? There are no homes! Check out the full report…
It's clear that real estate has weathered the COVID-19 pandemic storm very well up to this point. Some Realtors® are having the best year of their career, but how long can the hot market last? Mortgage rates are expected to stay low and there is a glimmer of hope...
Summer Selling Season is in Full Swing
Real estate market continues to power on despite ongoing pandemic The summer selling season is in full swing in the Fredericksburg area with June real estate statistics blowing 2019 out of the water. Total sold dollar volume increased by 42% fueled by a nearly 8%...
Stats, Signs, Stafford…oh, my!
*No kid Zoom-bombs on any of these videos, but it always feels like a distinct possibility, right!?FAAR hosted a series of recent virtual meetings, get caught up on all that you missed right here!Real Estate Roundtable: Spotlight on Stafford CountyIn this recording,...