The statewide median sales price reached $430,000, a 3.6% increase from August 2024. Despite sales holding flat, higher price points pushed the total sold dollar volume to $5.1 billion, up 4.4% year-over-year.
In total, there were 24,606 active listings statewide at the end of August, representing a 26.2% surge from last year. Buyers also saw more new listings coming online, with nearly 13,000 properties added to the market during the month.
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.
15 Ridge Rd, Stafford, VA 22556
MLS# VAST2040140 | $375,000
Here’s your chance to own a charming one-level home in North Stafford’s peaceful Lake Arrowhead community—with no HOA to worry about!
Just Listed in Potomac Shores: Immaculate Townhome with EV Charger and More!
This charming 3-bedroom, 2-bathroom rambler in Fauquier County just saw a price reduction and is ready to welcome new owners looking for peaceful country living with modern comforts.
Highlights include:
This charming 3-bedroom, 2-bathroom rambler in Fauquier County just saw a price reduction and is ready to welcome new owners looking for peaceful country living with modern comforts.
Highlights include:
This updated three-level townhome in the Cabin Creekwood neighborhood has just been reduced and is ready for its next owner. Thoughtfully updated and move-in ready, the home offers a combination of modern style and convenience.
Highlights include:
If you’ve been watching the real estate market in Northern Virginia, you know things are constantly shifting. Whether you’re a first-time homebuyer, a seasoned investor, or looking to sell, staying informed is crucial. That’s where experienced Realtor Mark Worrilow of Fathom Realty comes in. With his deep knowledge of the local market and an eye on mortgage trends, Mark helps clients make the best decisions in a competitive real estate landscape.
Mortgage Rates are Trending Down
9805 Spillway Ct, Burke, VA 22015
Price: $584,400
