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
Check out our monthly housing graphics!
Dashboard Gauges
Market Activity
Pricing Trends
Supply and Demand
Market News
FAAR Expo 2023: Save the Date for Fredericksburg’s Largest Real Estate Expo!
The FAAR Expo is back, and it's bigger and better than ever! This year's event will be held on September 13, 2023, at the Fredericksburg Expo Center. The expo is a great opportunity for real estate professionals to connect with other professionals, learn about new...
Is the local real estate market turning a corner?
Could the region finally see a stop to ever increasing home prices? April statistics show that it’s possible the tide is turning and that prices will finally cool after months of plummeting demand and high interest rates. April of 2023 saw prices dip across the...
Loan Level Price Adjustments (LLPAs) Digest
There has been a lot of buzz about the loan level price adjustments (LLPAs) that go into effect in May 1 per the GSEs. Below are some linked articles on this topic going back to 4/26/2023. Links will be updated as more information becomes available. NAR: FHFA Heard...
More of the Same in March for Local Real Estate Market
FOR IMMEDIATE RELEASEContact: Carol Sondrini 540-373-7711news@faarmembers.com More of the Same in March for Local Real Estate MarketHigh prices, falling demand continue Fredericksburg, VA – (April 17, 2023) – The following analysis of the Fredericksburg, Virginia...
FAAR Sends Letters on Stafford County Tax Rate and Caroline County FHA Loan Limits
FAAR has sent a letter expressing concerns about the advertised tax rate in Stafford County. The proposed tax rate would increase the real estate tax from the current 0.85 per $100 of assessed value to $1.145 and would add a 0.03 fire levy for a total of $1.175. ...
NAR Founding Member of the Housing Solutions Coalition
NAR is a founding member of the recently formed Housing Solutions Coalition to address the sharp rise in rent control policies and the constraints that housing supply is facing, leading to high prices and many families and individuals feeling squeezed out of their...
New endangered species listing causes confusion about lot clearing
The U.S. Fish and Wildlife Service has named the Northern long-eared bat to the endangered species list. This means that the bat now has the full protections of the Endangered Species Act (ESA) which includes protecting critical habitat. That includes restrictions...
Stafford County eyeing historic tax increase
Stafford County has set an advertised tax rate of 1.175 for the upcoming fiscal year, a whopping 32-cent increase from current levels. This number includes a nearly 30-cent increase in the real estate tax from the current rate of 0.85 per $100 of assessed value to...
FAAR sends letter to King George County on short-term rentals
On Wednesday, March 22, 2023, FAAR sent a letter of concern to the Supervisors and Planning Commissioners of King George County regarding their proposed short-term rental ordinance. The proposal includes a principal residence requirement for short-term rentals and...
Real estate market demand continues to cool
February 2023 saw more of the same in the local real estate market with falling demand, rising prices, and increasing days on market. Total sold dollar volume was down 20% coming in at approximately $158.7 million compared to nearly $200 million in February of 2022. ...
BrightMLS Data by Locality
