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
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,...
City of Fredericksburg Small Business Assistance Program Information
Thanks to our friends at the Chamber for sharing this great information! The City of Fredericksburg has launched another round of CARES Act Small Business Assistance Program. Small businesses located in the City and interested in the program should head to the webpage...
The June FAARside Newsletter is ready for you!
Your copy of the February Newsletter, the FAARside is here! Crack open a copy to learn about what’s going on at the Association including a letter from the President, how REALTORS are giving back, our 2019 award winners, and more! This edition includes FAAR...
VAR Chief Economist Checks Her Crystal Ball for FAAR
Despite the fears of many that the real estate industry would see swift and severe impacts from COVID-19, the last three months all posted strong numbers by any account, but especially in this time of upheaval. March saw sold dollar volume up 30%, units sold up 20%,...
Real Estate Market Holds Steady in Wake of Continued Pandemic Impact
Numbers hold steady, but inventory challenges hamper sales The big story coming out of May real estate numbers is the dire situation the market is facing in terms of seriously constricted supply. At the end of May, there were just 964 homes on the market for buyers...
How happy are area residents? Very happy!
FAAR Releases 2020 Fredericksburg Area Smart Growth Survey In early 2020, FAAR contracted with the National Association of Realtors® to conduct a survey on growth and development attitudes in the Fredericksburg region. The survey was conducted by the firm American...
Local Real Estate Market Surges Despite Significant Restrictions
While continued governmental restrictions shutter businesses and completely change the way Americans operate in their day-to-day lives, the local real estate market bucked national trends and posted increases in volume, sold price, and units sold. While national news...
FAAR Releases 2020 1st Quarter Home Sales Report
How things have changed from January and February! COVID-19 crashed into our market in mid-March and virtually ground life as we know it to a halt, so how did that impact the local real estate industry? The first quarter of 2020 was strong, with increasing volume...