Market Statistics

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

2019 4th Quarter FAAR Home Sales Report

Top story from Q4:  Inventory of active listings continues to shrink rapidly, with number of active listings at the end of the 4th quarter down 26% from last year.  Get the whole report for more great information YOU can use in your business….

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Market Activity

Pricing Trends

Supply and Demand

Market News

Here we go again…NFIP set to expire

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...

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July Housing Market is a Scorcher

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...

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Q2 is here for you!

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...

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2019 Affiliate Directory Now Available

Flip through the directory to see all of FAAR's affiliate members organized A to Z by company and also by service in the annual directory.Not only will this guide you to some of the best companies in the local area, but the directory also contains...

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May Sees Continued Strength in Local Real Estate Market

May posted strong numbers indicating that the spring selling season is well underway.  Total sold dollar volume increased 15%, settling at approximately $224.5 million in May of this year, compared to $195.2 million in May of 2018.  Units sold increased...

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April Brings Strong Start to the Spring Selling Season

The lackluster first quarter start to the 2019 real estate market gave way to a stronger April, notes FAAR Board of Director Phillip Blake.  “Lower interest rates have helped push buyers off the fence and into the market, with some consumers choosing to...

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NEW PRODUCT! Q1 Fred Area Home Sales Report

FAAR is debuting an exciting new product this quarter...our very first Virginia Home Sales report specifically for the Fredericksburg region!  Compiled by the new Chief Economist at the Virginia Realtors®, Dr. Lisa Sturtevant, this report is...

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