Median Sold Price Of Homes In Fauquier County, Virginia

Real estate data, sales statistics, and information may be compiled, correlated, or interpreted in many different manners, several distinctive times. Fauquier County, Virginia, I believe, contains 660 square miles of sparsely populated “land” with homes throughout the region. As a real estate broker, it is difficult to establish a market price of a “home,” however, the “job” dictates this requirement.

The median sold price for homes in this article is where my concentration is centered. Now this can be broken down into areas of the county and/or specific subdivisions. This “presentation” reflects data for the entire county of Fauquier.

The chart below indicates the median sold price of homes in Fauquier County from 2001 through 2009.

Interesting comparisons can be made with the other counties in the “Baltimore-Washington Metropolitan Area,” however it appears that being on the outer edge of the region, we seem to feel the brunt of the downturn in home prices more than others.

History shows that the tremendous appreciation of home values in our area, as many, was “a figment of our imaginations.” Has the market overcorrected? Yes would be my answer, but “the market” is determined by sellers and purchasers, and today, the above is their answer: and this answer is with federal subsidies. What can we expect…I will try to expand of that matter, however I am interested in what you think?

Email Don Khoury at info@realestatephd.com , or call me at 540-341-8926, I am very interested in your thoughts on this matter.