Market Statistics
SmartCharts that provide up-to-date market statistics in the region.Looking for in-depth historical data?
FAAR Monthly Housing Market Press Release
Narrative about the market produced each month by FAAR
Virginia Realtors® Quarterly Report
Detailed quarterly report exploring housing, employment, and business data points broken down by locality
Dashboard Gauges
Market Activity
Pricing Trends
Supply and Demand
Market News
Masks no longer required in the FAAR office
Per updated CDC and Commonwealth of Virginia guidance, FAAR will no longer be requiring masks for vaccinated individuals. Members are welcome to continue wearing a mask at their discretion. The FAAR staff is fully vaccinated and eager to see smiling faces again! All...
April Sees More Real Estate Market Acceleration
Despite rising interest rates and dwindling supply, the real estate market continued its acceleration with increasing total sold volume, median price, and units sold and decreasing days on market and available inventory. Total sold dollar volume was up over 35% in...
Virginia’s Commercial Real Estate Market Resilient Amid COVID-19
From the Virginia Realtors®... Richmond, VA – According to the Q1 2021 Commercial Market Report released by Virginia REALTORS®, the commercial real estate market in Virginia has been surprisingly resilient, despite concerns about a serious downturn as a result of the...
One Year into the Pandemic and Real Estate is Still Flying High
Despite a dip in pending sales in February, March proved another very strong month in the local real estate market. The month closed out with a more than 25% increase in total sold dollar volume, going from approximately $204.5 million in March of 2020, t0 more than...
#Member Monday—Meet REALTOR® Valerie Dellandre
The Fredericksburg Area Association of REALTORS® Member Spotlight feature allows members of the community to get to know each other before working with each other in a transaction. Each member answers a series of questions to reveal more about themselves as people. ...
Interesting Factoids from NAR’s 2020 Member Profile
compiled from 2019 and 2020 information... Business Characteristics of REALTORS® 65% hold sales agent licenses, 22% broker licenses, 15% broker associates73% specialize in residential salesThe typical member has 9 years’ experience, 17% with less than a year...
February Sees More of the Same in Local Real Estate Market
February of 2021 saw very similar numbers as January, with increases in sold dollar volume, median price, and units sold. The market saw a 10% year-over-year increase in median price, going from $316,000 in February of 2020 to $349,950 in February of 2021. Units...
Stafford County Votes to Downzone 90,000 Rural Acres
On Tuesday, March 2, the Stafford County Board of Supervisors voted 4-3 to downzone nearly 90,000 acres spread across more than 2,000 parcels in the rural A-1 zoning category from one house per 3 acres to one house per 6 acres. Supporting the measure were Crystal...
Regional Housing Market Starts the Year with a Sprint
The new year began the same way it went out: with so little supply of homes for the raging demand from homebuyers that even houses in the top price points saw multiple offers, a relatively rare occurrence in the in the last 10 years. January closed out with a total...
FAAR 2020 housing market one of hottest in state
Check out the 4th quarter home sales report produced by the Virginia Realtors® for the FAAR footprint. The 4th quarter did not see the traditional seasonal slowing that we expect to see as the year winds down. Consumer demand was very strong in the last 3 months of...