The NAR released their Pending Sales report this morning (archived: 2012).
As we know, national data doesn’t matter so much.
So, I looked at the homes put under contract in Charlottesville and Albemarle for the past few months.
But … keep in mind that things are so very mixed. I’ve been showing homes in the $550k – $800k range for the past few days. Of the past five properties we’ve seen:
– One is a short sale
– One is a foreclosure
– Three are regular sales
* Data from the Charlottesville MLS
** “Right Now” is 27 February around 10:30. From Open Space. I’ll update the chart after February.
Updated on 3 March. Contracts in February 2012 in Charlottesville and Albemarle are up just over 68%.
Eventually I’m also going to look into breaking down property type (single family, attached, condo) and sale type (regular, short sale, bank-owned).
If you’re interested, these are the charts from 26 February, before I updated this post with more recent data –
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I have been been representing buyers and sellers in Charlottesville, Albemarle, and Central Virginia since 2001. Get local insight born of experience.
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