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
Meet FAAR’s endorsed candidates for the November 7 election!
City of Fredericksburg Kerry Devine, MayorCity of Fredericksburg, City Council Kerry is a 20-year resident of the City and will focus on continuing the great things that have been started. She has served on the Council for many years and is a long-time educator in...
Final Louisa County Short-term Rental Ordinance
Last Monday, October 2, the Louisa County Board of Supervisors passed short-term rental (STR) regulations on a 5-2 vote after nearly two years of debate and discussion. The ordinance provides STR operation by-right in residential areas if certain conditions are met. ...
Sell at Lake Anna in Louisa County? Take action against short-term rental restrictions!
Louisa County has spent the last 18 months crafting short-term rental regulations. A working group recently reported a revised version of an ordinance to the Planning Commission. This draft is the least restrictive of all that's come out of these discussions. This...
NFIP Set to Expire on 9/30 & Looming Government Shutdown
Here we go again...the National Flood Insurance Program is set to expire on September 30 and if allowed to lapse, that means no new or renewed policies. This has the potential to impact real estate transactions so here are some concrete actions you can take to head...
Regional Housing Market Shows No Signs of Price Cooling
The regional median home price was up again in August, with every locality seeing increases. The median sold price settled at $450,000 in August of 2023 compared to $427,000 in August of 2022, representing a nearly 6% year-over-year increase. Units sold were down...
FAAR sends letter to Stafford County about probate delays
The FAAR Board of Directors recently sent a letter to the Stafford County Clerk of the Court expressing concerns about the significant delays many are experiencing getting an estate through the probate process. Families detail waits of 6 months or more with bills and...
Regional Sales Price Keeps Increasing
The regional median home price was up again in July, with all but one locality seeing increases. The median sold price settled at $462,450 this month compared to $438,200 in July of 2022, representing a nearly 6% year-over-year increase. Units sold were down 20%,...
Regional Housing Market Holds Steady as Summer Season Kicks Off
The regional median home price was up again in June, with all but one locality seeing increases. The median sold price settled at $450,000 this month compared to $441,000 in June of 2022, representing a 2% year-over-year increase. Units sold were down 16%, coming in...
Realtor® Survey Shows Strong Demand for Housing in Walkable Communities
Research produced by the National Association of Realtors® shows a persistent demand for walkable communities, including the following findings: When asked if deciding today where to live: 79% said being within an easy walk of other places and things, such as shops...
Median home price swings back up in May
The regional median home price was up in May, but individual localities saw wins and losses in the price department. The median sold price settled at $454,950 this month compared to $436,000 in May of 2022, representing a 4% year-over-year increase. Units sold were...
BrightMLS Data by Locality
