January —December 2021 compared to January — December 2020
KEY RESIDENTIAL MARKET INDICATORS
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NUMBER OF TRANSACTIONS | There were 1,457 transactions in 2021 compared to 1,433 in 2020, an increase of 2%. |
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AVERAGE HOME SALES PRICE | The average home sales price increased 12% to $588,952 from $526,091. |
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AVERAGE DAYS ON MARKET | Average days on market for properties sold was 22 compared to 52, a decrease of 57%. |
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ACTIVE RESIDENTIAL LISTINGS | There was a monthly average of 335 homes on the market in 2021 compared to 463 in 2020, a decrease of 28%. |
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SALES PRICE TO LIST PRICE | On average, homes sold for 99.8% of the list price as compared to 98.7%, an increase of 1%. |
In the fourth quarter of 2021, 331 properties sold as compared to 397 properties in the 4th quarter of 2020. All segments except for the homes under $250,000 segment increased.
There are currently 180 residential properties for sale which is about a 2-month supply. The active listings have an average days on market of 101. The average list price of homes currently on the market is $1,280,488.
| 2020 RESIDENTIAL TRANSACTIONS BY PRICE CATEGORY | 2021 RESIDENTIAL TRANSACTIONS BY PRICE CATEGORY |
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Fauquier Land & Farm Sales
January —December 2021 compared to January — December 2020
KEY LAND AND FARM MARKET INDICATORS
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NUMBER OF TRANSACTIONS | There were 163 transactions in 2021 compared to 160 in 2020, an increase of 2%. |
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AVERAGE PRICE PER ACRE | The price per acre for raw land over 25 acres increased 16% from $8,636 to $9,979. |
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AVERAGE DAYS ON MARKET | Average days on market for properties sold was 199 compared to 162, an increase of 23%. |
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ACTIVE LAND LISTINGS | There was an average of 169 properties on the market every month compared to 218 in 2020. |
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SALES PRICE TO LIST PRICE | Land and farms sold for 88% of the list price as compared to 92% in 2020, a decrease of 4%. |
Thirty-four properties sold in the 4th quarter of 2021 compared to 57 properties in the 4th quarter of 2020.
There are currently 118 properties for sale which is about a 9-month supply. The properties currently on the market have an average days on market of 268.
| 2020 LAND & FARM TRANSACTIONS BY ACREAGE | 2021 LAND & FARM TRANSACTIONS BY ACREAGE |
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To see a complete listing of everything that sold in Fauquier County this year (by quarter), please click on one of the links below:
April—June Sales (Part 1)
April—June Sales (Part 2)
View the entire 2021 Market Trends Report.
View the 2020 Market Trends Report.
View the 2019 Market Trends Report.