Market Statistics

SmartCharts that provide up-to-date market statistics in the region.

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

Local Jurisdiction Housing Graphics

Regional Housing Graphics

Dashboard Gauges


Market Activity

Pricing Trends


Supply and Demand

Market News

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...

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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...

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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...

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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...

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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...

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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...

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