2019 Fauquier Market Trends Report
In 2019 the number of residential, land and farm real estate transactions in the Heart of the Piedmont was up 9% compared to the prior year. 2,476 properties sold in 2019 compared to 2,267 properties in 2018. The total dollar value of real estate sales increased by 15% with $990,934,314 sold in 2019 and $858,252,289 sold in 2018.
The number of residential transactions increased by 10% in 2019. On a county by county basis, Rappahannock, Fauquier, Madison and Culpeper transactions increased by 11%, 17%, 8% and 11% respectively.
Land & Farm transactions decreased by 19% in 2019. On a county by county basis, Rappahannock, Fauquier, Madison and Culpeper decreased 24%, 21%, 16% and 14% respectively.
Fauquier Home Sales
KEY RESIDENTIAL MARKET INDICATORS
In the 4th quarter of 2019, 272 properties sold as compared to 205 properties in the 4th quarter of 2018. All segments except for the under $250,000 segment increased.
There are currently 391 residential properties for sale which is about a 4 month supply. The active listings have an average days on market of 145. The average list price of homes currently on the market is $1,015,485.
2018 RESIDENTIAL TRANSACTIONS 2019 RESIDENTIAL TRANSACTIONS
Fauquier Land & Farm Sales
KEY LAND AND FARM MARKET INDICATORS
Thirty-two properties sold in the 4th quarter of 2019 compared to 35 properties in the 4th quarter of 2018. There are currently 193 properties for sale which is about a 15 month supply.
The properties currently on the market have an average days on market of 295.
2018 LAND & FARM TRANSACTIONS BY ACREAGE
2019 LAND & FARM TRANSACTIONS BY ACREAGE
View the 2019 Market Trends Report.
View the 2018 Market Trends Report.
View the 2017 Market Trends Report,