Download the Nest Report here, dig in, ask questions, and remember – this is a snapshot of the total market. Your market will vary, whether that’s a condo in the heart of downtown Charlottesville or the outskirts…
Browsing Category Greene
Charlottesville Area Association of Realtors’ 2015 Market Report
Dig in. Ask questions.
Short takeaways when looking at the Charlottesville area market report:
Nest’s 2015 Mid-Year Market Report
Download the Charlottesville Mid-Year Report; ask questions, get educated. In this report, we cover the City of Charlottesville (sales are up, days on market down), Albemarle County (same), Greene, Nelson, Louisa and Fluvanna. We’re seeing mostly positive trends…
Low Housing Inventory Continues in Charlottesville and Albemarle
If you look solely at the numbers, it looks like housing inventory is up. Not so.
I’ve been thinking for months that we’d be seeing more housing inventory on the market by now. It’s not yet here.
Cash & FHA Transactions in Charlottesville MSA – Local Analysis Matters
Cash transactions in Charlottesville area – 2013
2012 is in the Past – Looking Forward at the 2013 Charlottesville Market
1 – Inventory is low – (good for sellers, not so good for buyers)
2 – Interest rates remain low
3 – Prices (in many market segments) have stopped dropping, and are largely increasing.
4 – Sales volume is up across the board
5 – As always, do your own, supporting due diligence; your market will vary.
Click through to read the full Nest Report.
April 2012 Charlottesville Real Estate Market Report
Highlights:
– Days on Market (an inherently flawed data point) are down in Charlottesville, Albemarle and Fluvanna.
– Average Sales prices are down (not surprising)
– Total sales across the MSA are down (not surprising)
Thoughts/initial conclusions:
– More buyers are looking to be closer in/closer to stuff
– Good properties are selling and selling quickly
– Interest rates remain low – a good thing for buyers.
– I think we may have pulled the spring market forward a bit; the early spring may have pulled transactions into the earlier months of the year.
Dead simple Takeaways:
– Buyers: do your due diligence, don’t let emotion enter the equation and make sound, rationale decisions with the intent of holding the property for at least five to seven years
– Sellers: do your due diligence and realize that buyers most often don’t have to buy, but want to buy – it’s your job to make them want to buy your house. This means: price, presentation, perfection … and a great location and setting.