Market Statistics
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May Sees Impact from Inventory Shortage
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...
read moreWhat is the future of housing affordability in our region?
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...
read moreGeneral Assembly Session Adjourns: What does it mean for Real Estate?
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...
read moreApril Posts Gains in Total Volume and Units Sold
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...
read moreDownload the May 2018 FAARside Newsletter
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...
read moreMarch Real Estate Market Brings More Gains
Despite cold weather, ice, and snow, buyers and sellers got together in the month of March to produce year-over-year increases in total sold dollar volume, median sold price, and units sold, further contributing to the decline in days on market. Total...
read moreStafford Votes for Partial Repeal of Cluster Ordinance
On Tuesday, March 20, the Stafford County Board of Supervisors listened late into the evening from speakers on the cluster subdivision ordinance. There were 26 speakers who spoke in opposition to repeal while 8 speakers supported repeal of the cluster...
read moreFebruary Real Estate Market Remains Strong
February continued more of the same for the local real estate market with year-over-year increases in total sold dollar volume, median price, and units sold and a decrease in days on market. Total sold dollar volume saw a more than 10% increase from February of 2017...
read moreJanuary Real Estate Market Kicks 2018 Off with a Bang
January kicked off a good start to the year in the local real estate market posting significant gains in total sold dollar volume, median sold price, and units sold. Days on market, which has been continually declining compared to the prior year, decreased...
read moreFAAR Partners with VDOT on Transportation Video
Are your clients concerned about the endless rows of orange construction barrels up and down area roadways? Help them make sense of what is under construction, how it will impact their commute in the short-term, and how it will benefit the community in...
read moreReports by Jurisdiction
Fredericksburg Regional Alliance
FAAR is an investor in the Fredericksburg Regional Alliance. FAAR members have access to reports through their service.