Market StatisticsSmartCharts that provide up-to-date market statistics in the region.
2019 3rd Quarter FAAR Home Sales Report
Top story from Q3: median price up in all jurisdictions, reaching $310,000 across the FAAR footprint. Get the whole report for more great information YOU can use in your business….
Supply and Demand
NAR has just released its 2019 Profile of Home Buyers and Sellers. So why should you check it out? Because it's chock full of great information like this.... 20% of recent home buyers were veterans 29% of buyers primary reason for purchasing a home was...read more
The October real estate market posted a large increase in sold volume fueled by double digit rise in number of units sold. Total sold dollar volume increased from $138 million in October of 2018 to $178.1 million in October of 2019, representing a 29%...read more
The local economy remained healthy throughout the 3rd quarter of 2019. Unemployment remains very low along with interest rates with no indication of either situation changing in the near future. Sales continued to grow throughout the FAAR footprint, with...read more
September proved another active month in the local real estate market with double digit increases in total sold dollar volume and units sold and a modest increase in median price compared to last September. Total sold dollar volume came in at...read more
The summer market continued to sizzle with an active August that posted gains in total volume, median price, and units sold with a large decrease in days on market. Total sold dollar volume increased nearly 13%, going from approximately $191.2 million in...read more
Without Congressional action, the National Flood Insurance Program is set to expire on September 30, 2019. NAR is working with Congressional leaders and the White House to secure a long-term reauthorization of NFIP before then. In the meantime, NAR has...read more
SentriConnect is a mobile application that provides users with a way to receive authorization to open SentriLock Bluetooth lockboxes using a "BluCode."It is important to know that there is NO method to access non-Bluetooth lockboxes using the SentriConnect...read more
July proved a hot month for both the weather and the local housing market. “The July real estate market started with a bang and was hot all month,” states FAAR Board of Director Cindy LeBrun. Total sold dollar volume increased nearly 18%, coming in at...read more
The 2nd Quarter Homes Sales Report is here! Check out all the great information, charts, graphs, and narrative explanations. You can use any and all of this data in your communications with clients. So look super sharp at your next listing or buying...read more
June posted strong numbers despite a double-digit sales reduction in market leader, Stafford County. Total sold dollar volume increased 5.8%, settling at approximately $236.8 million in June of this year, compared to $223.9 million in June of 2018. Units...read more