Q2 2020 Fauquier Market Trends Report
Rappahannock County – Fauquier County –Madison County – Culpeper County
Through June 2020, the number of real estate transactions in the Heart of the Piedmont increased 1%
compared to the prior year with 1,213 properties selling in 2020 while 1,205 properties sold in the same time
period in 2019. The total dollar value of real estate sales increased by 9% with $515 million sold in 2020 and
$474 million sold in 2019.
Residential transactions increased in numbers by 1%. On a county by county basis, Fauquier and
Rappahannock were up 3% and 2% respectively while Culpeper and Madison declined by 1% and 10%. Land & Farm transactions decreased by 3%. On a county by county basis, Rappahannock was up 67% while Culpeper, Fauquier and Madison decreased by 2%, 7% and 20% respectively.
Fauquier Home Sales
KEY RESIDENTIAL MARKET INDICATORS
In the 2nd quarter of 2020, 336 properties sold as compared to 384 properties in the 2nd quarter of 2019.
There are currently 407 residential properties for sale which is about a 4.5 month supply. The active listings
have an average days on market of 96. The average list price of homes currently on the market is $1,001,941.
|2019 RESIDENTIAL TRANSACTIONS||2020 RESIDENTIAL TRANSACTIONS|
Fauquier Land & Farm Sales
KEY LAND AND FARM MARKET INDICATORS
Thirty-one properties sold in the 2nd quarter of 2020 compared to 38 properties in the 2nd quarter of 2019.
There are currently 179 properties for sale which is about a 14 month supply. The properties currently on the
market have an average days on market of 306.
|2019 LAND & FARM TRANSACTIONS BY ACREAGE||2020 LAND & FARM TRANSACTIONS BY ACREAGE|
View the 2019 Market Trends Report.
View the 2018 Market Trends Report.
View the 2017 Market Trends Report,