Buyer or Seller Market in Charlottesville Right Now?

I showed a client a new listing today; they said, “what do you think about the price?”

I said, “I’ll know in 10 days; until then, the data doesn’t matter, it’s emotions and “how much do you want this house?” After 10 days, the data matter.”

That said, almost every offer I’ve written or received recently has been a competitive one. Some win, some lose. My advice to my buyer clients is always the same – make an offer you’re comfortable winning or losing.

A few questions I’ve gotten recently about the Charlottesville real estate market:

Read More

Note from Jim – Charlottesville Real Estate March 2026: Fast Market, More Inventory, and Buying During a War

The Charlottesville and Albemarle resale market is moving fast — 75.7% of homes that went under contract in early 2026 did so within 14 days, up from 62.6% last year. Early-season inventory is the highest it’s been since 2020, but buyers are wrestling with a paradox of choice and the uncertainty of a new war. This month’s note covers cash sale trends by price band, what “safety” really means to buyers, and why some clients are more motivated than ever to secure a home.

Read More