Market StatisticsSmartCharts that provide up-to-date market statistics in the region.
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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
Check out our monthly housing graphics!
Supply and Demand
FAAR Presents Orange County with Recognition for Broadband Achievement
On Tuesday, December 20, 2022, the Fredericksburg Area Association of Realtors® (FAAR) presented the Orange County Broadband Authority with a certificate of recognition for “outstanding results in serving and connecting the community” and “being a leader in broadband...
November Housing Market Sees Plummeting Sales
The Fredericksburg regional housing market continues to show signs of a softening market, but prices remain stubbornly high in many jurisdictions. Total sold dollar volume took a staggering 37% drop this November coming in at approximately $193.5 million compared to...
Prices show no signs of stopping while demand continues to cool
Local Realtors® are feeling the change in the market, but prices do not show any signs of cooling as we head into the fall months. Prices remain high and continue to climb despite moderating sales volumes. Many Realtors® report significant price reductions from...
3rd quarter stats show continued price increases, volume decreases
Prices keep going up while demand for housing cools
The local real estate market continues its march toward moderation as demand continues to fall but prices are still climbing compared to last year. Total sold dollar volume was down more than 23% in September of 2022 going from more than $325.5 million last September...
Want to know your climate risk?
Want to know your climate risk? A new tool can help you and your clients assess risk and better plan for the future. Climate Mapping for Resilience and Adaptation (CMRA) integrates information from across the federal government to help people consider their local...
2023 Board of Directors Election Results Announced
2023 FAAR Board of Directors announced Election Results 2023 Leadership Electronic balloting began August 9, ended September 14 at noon Results were announced at a general membership meeting at 3 PM at the FAAR Expo. PresidentCarol Sondrini President-ElectRandy...
Local housing market continues to moderate
The local real estate continues to moderate from its meteoric rise over the last two years. While prices remain high and inventory remains below historical trends, the market continues to slow with double digit decreases in sold volume and units sold and double digit...
FAAR Realtor® Confidence Survey
We checked in with our agents to see how your experience in the market was so far this year. Here is what we found...even though the market is shifting, it's still an intense experience for many buyers!
Local home sales continue to tumble
The local real estate continues to fall from its meteoric rise over the last two years. While prices remain high and inventory remains below historical trends, the market continues to slow with double digit decreases in sold volume and units sold and double digit...