Market Statistics

SmartCharts that provide up-to-date market statistics in the region.

Dashboard Gauges

Market Activity

Pricing Trends

Supply and Demand

Market News

September Posts Disappointing Total Volume Numbers

Oct 10, 2018

September posted disappointing year-over-year decreases in total sold dollar volume and units sold while posting a median price increase, indicating that the local real estate market may be slowing down heading into the cooler months. Total sold dollar...

August Sees More of the Same in Local Real Estate Market

Sep 11, 2018

“The summer housing market finished strong with a healthy housing market for the Fredericksburg area,” stated FAAR Board of Director Pam Kuper. “Area median sales prices increased anywhere from 2% to 5% while days on market continued to decrease compared...

July Posts Modest Gains in Local Real Estate Market

Aug 10, 2018

Rain continued to be the story of our region throughout July with severe weather potentially impacting the pace of home sales. “July was a challenging month,” states FAAR Board Member Mark Geslock. “The rains slowed open houses and some showings were...

June Posts Flat Numbers Compared to Last Year

Jul 12, 2018

The inventory shortage that continues to plague the Fredericksburg region may be partly to blame for the flat June numbers in the real estate market. The significant rainfall that occurred over a few weekends may also have put a damper on activity...

New and Revised NVAR Forms for July 1, 2018

Jun 21, 2018

NVAR Standard Forms Changes: Effective July 1, 2018 By Matthew L. Troiani, Esq. The NVAR Board of Directors has approved the following new forms and forms changes, as proposed by NVAR’s Standard Forms Committee. Click on the title to download the form or download...

May Sees Impact from Inventory Shortage

Jun 14, 2018

Fredericksburg, VA – (June 14, 2018) – The following analysis of the Fredericksburg, Virginia area housing market has been prepared by the Fredericksburg Area Association of REALTORS® based on analysis of brightMLS multiple listing data. The inventory...

What is the future of housing affordability in our region?

May 17, 2018

The Partnership for Housing Affordability, a non-profit associated with the Richmond Association of Realtors, hosted a forum on single-family housing affordability sponsored by SunTrust Mortgage. The forum focused on the current trends in the sale and...

General Assembly Session Adjourns: What does it mean for Real Estate?

May 11, 2018

General Assembly Adjourns: What does it mean for real estate? The General Assembly adjourned the 2018 session on Saturday, March 10, 2018. The Virginia Realtors® Legislative Team along with many local Government Affairs Director worked tirelessly to...

April Posts Gains in Total Volume and Units Sold

May 10, 2018

April typically signals the start of the spring selling season with increasing sales and this year did not disappoint. Total sold dollar volume increased over 8%, coming in at $164,683,573. That increase was fueled by 517 units sold in the month of...

Download the May 2018 FAARside Newsletter

May 2, 2018

Your copy of the May Newsletter, the FAARside is here! Crack open a copy to learn all about the most recent projects at the Association, a sneak peak of the expo, and more! This edition includes New Member Welcome A special gift from the Fredericksburg...