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
2023 Spring FAARside Newsletter now available
Your copy of FAAR's Spring Newsletter, the FAARside is here! Crack open a copy to learn about what's going on at the Association including a letter from the President, a letter from the CEO, general assembly update, and more! This edition of the publication includes...
FRAUD ALERT: Vacant lots targeted for scams
Beware of a land scam that is seeing an uptick in recent months. FAAR members report several cases of potential land sales fraud and the story goes like this: An out-of-area seller wants to list a parcel of vacant land for well-below market value. The seller will not...
King George County looks to regulate short-term rentals
King George County recently proposed a short-term rental ordinance that would require any short-term rental to be in a property owners’ principal residence, so a second home in the County could not be rented out as a short-term rental. King George County Realtors®...
Real estate prices continue to rise while demand craters
January 2023 saw demand crater compared to the highs of early 2022, but prices continued to rise with sizable jumps in nearly every locality. Units sold is the big story for this past month with more than 35% fewer homes changing hands than last year. January 2022...
Alert: Closing Delays in Westmoreland County
Update 1/26/2023: Westmoreland County is back up and running. Text document are being received without issue, but there may be some delays with sending images. Please see the message below from Northern Neck Association of Realtors® Association Executive Teresa...
2022 Real Estate Market Closes with High Prices, Declining Sales
2022 was a tumultuous year for the local real estate market with a fiery start to the year that began to moderate about halfway through due to rising interest rates and continued supply challenges. “The housing market always fluctuates. We had an intense seller’s...
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
BrightMLS Data by Locality
