FREDERICKSBURG, Va. – The folks at the Fredericksburg Area Association of Realtors just shared their latest housing report with Potomac Local News—and it’s a mixed bag for buyers and sellers.
Even though more homes are hitting the market, sales have slowed compared to last year. Just 491 homes sold in August, down about 8% from 2024. But prices? Still going up. The median home price jumped over 5% to $485,750.
FREDERICKSBURG, Va. – The folks at the Fredericksburg Area Association of REALTORS just told Potomac Local News that home prices in our region hit an all-time high last month—even as sales slowed and homes took longer to sell.
July’s median home price reached $490,000, a 3% jump from last year’s $473,740. That’s despite local agents saying the pace of deals has cooled a bit. A total of 543 homes sold—slightly more than last July—and total sales volume surged over 11% to nearly $298.9 million.
The Prince William Board of County Supervisors will convene on Tuesday, January 21, 2025, at 2 p.m. at 1 County Complex Court in Woodbridge for a packed agenda that includes significant decisions on land development and state legislation. The meeting is open to the public.
Woodbridge Land Development
We’re back with another episode of the Potomac Local Podcast, where we connect our communities one story at a time. In this episode, Uriah Kiser, founder of Potomac Local News, sits down with Deshundra Jefferson, Chair At-large of the Prince William Board of County Supervisors, to discuss critical issues facing Prince William County.
On December 2, 2024, local and state officials gathered at the Kelly Leadership Building for the annual Joint Legislative Meeting. The discussion focused on the county’s legislative priorities, spotlighting affordable housing and immediate housing assistance for residents in crisis.
Affordable housing has taken center stage in Prince William County in recent weeks. During their November 19, 2024, meeting, the Board of County Supervisors discussed a proposed Affordable Dwelling Unit (ADU) Ordinance to increase the availability of affordable housing units and establish a Housing Trust Fund to support development efforts.
The Prince William Board of County Supervisors will address three significant topics during their meeting on Tuesday, November 19, 2024, reflecting a focus on housing, infrastructure, and community development.
This initiative aligns with the county’s efforts to address housing affordability while considering infrastructure capacity.
Prince William Board of County Supervisors Chair, at-large Deshundra Jefferson, is on the mend after having had surgery for Crohn’s disease. This chronic inflammatory bowel condition has affected her health over the past two years.
Now two weeks post-surgery, Jefferson reports feeling “pretty good” and looks forward to resuming her duties full-time, including attending Zoom meetings and tackling a backlog of emails next week. Despite her temporary absence, Jefferson is grateful for her colleagues, especially Supervisor Boddye, who stepped up in her absence, as well as her staff, friends, and supportive 16-year-old son. “These things are kind of frightening until you actually go through them,” she shared, noting the relief of finally addressing symptoms that had worsened over the past few months.
The Fredericksburg City Council recently heard an update on the ongoing Community Health Assessment from Rappahannock Area Health District Director Dr. Oleg Benga Obasanyo.
Obasanyo’s presentation focused on the progress made since the last health assessment and the priorities identified for improving the well-being of the Fredericksburg community and surrounding areas. The three main priorities—mental health, affordable housing, and access to healthcare—remain focal points for improvement.
At the October 15, 2024, Prince William Board of County Supervisors meeting, pressing housing issues took center stage as the county faces an unprecedented demand for emergency housing assistance and a growing crisis of affordability for senior citizens.
The county’s Emergency Housing Assistance Program received an overwhelming number of applications in just one week, with over 500 households seeking support. Joan Duckett, Director of the Office of Housing, reported that this surge in applications reflects the mounting challenges faced by low-income and at-risk populations, including those threatened with homelessness. This rapid influx underscores the urgency of the housing crisis in Prince William, where increasing rent prices have made stable housing out of reach for many residents.
