Here is the report produced by the Charlottesville Area Association of Realtors. More analysis to come … <!–more–> Charlottesville Area Association of Realtors 1st Quarter 2010 Real Estate Market Report
Browsing Category Market statistics
Housing Sales Down in Charlottesville and Albemarle – February 2010
I know this – independent of me, a new client came to me last week and said, (paraphrasing here) – “I think that right now in Charlottesville/Albemarle, there is a unique and perhaps once-in-a-lifetime opportunity to buy a home for my family.”
…We know this: Charlottesville and Albemarle home sales in February: 64 homes sold in 2010 79 homes sold in 2009 72 homes sold in 2008 105 homes sold in 2007 141 homes sold in 2006 124 homes sold in 2005 108 homes sold in 2004 Homes under contract – first 23 days of March … …
…I know this – independent of me, a new client came to me last week and said, (paraphrasing here) – “I think that right now in Charlottesville/Albemarle, there is a unique and perhaps once-in-a-lifetime opportunity to buy a home for my family.” … From today’s Wall Street Journal : For those trying to figure out how much further U.S. house prices could fall, it would help to know how many more foreclosed homes banks need to sell.
Charlottesville Real Estate Market Update – As of 15 March 2010
Just a brief update on where we are in the Charlottesville real estate market –
What does the housing inventory volume look like in Charlottesville, Earlysville and Crozet? Here is a quarter-by-quarter comparison, this quarter versus last: PDFs:
…Here’s an interesting chart – percent of homes for sale in Charlottesville, Earlysville and Crozet that have been re-listed, as in, put back on the market so as to have the days on market reset.
Charlottesville Real Estate Data Nuggets
Looking at the weekly real estate data reports for Charlottesville and Albemarle, two points jump out: – Percent of Properties with Price Decrease 26 % – Percent Relisted (reset DOM) 9 % I’m not 100% confident with 26% having price decreases, but it feels about right. The relisted number feels right too – this is the percent of homes that have come on the market for a second or third time … … Download them all for yourself below or sign up to receive weekly automatic (spam-free) delivery . Charlottesville Single-Family Homes Charlottesville Attached Homes and Condos Charlottesville and Albemarle Single Family Market Update Charlottesville and Albemarle Attached Homes and Condos – real estate market update
Charlottesville Median Inventory Update – End of February
A brief update on the Charlottesville, Albemarle and Charlottesville MSA real estate markets … for single family homes. For much more real estate data and charts, click through to sign up for spam-free updates. As…
More Charlottesville Real Estate Data than You Might Have Wanted
This is going to be a developing post as I read through Barry Merchant’s presentation from this morning. Barry Merchant’s VHDA presentation at Charlottesville Area Association of Realtors (PDF) Additionally,
Here is an advance copy of the Nest Report, what we believe to be the best, most “comprehensive and transparent analysis of the residential real estate market in Charlottesville, Albemarle and surrounding counties, prepared quarterly by Nest Realty Group.” Nest Report – Year End 2009, Predictions for 2010 (PDF) Comments, feedback and input welcomed.
When Does the Charlottesville Real Estate Season Begin?
Left as a message via the message box on the right last night: I’m looking for a house, but can’t find what I’m looking for east of town in the right price range. When do you think the “season” will begin and we will see more of a variety of listings on the market? … What this doesn’t show is what percentage of these listings sold or what their prices were … that’s a story for another day. If you’re interested in more detailed market reports about the Charlottesville regional real estate market, you may be interested in these reports: