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The Most Succinct Example of Charlottesville Real Estate Market’s Meteoric Up and Down

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February 2005 : Asking Price – $345,000 Selling Price – $345,000 Days on Market – 119 April 2007 : Asking Price – $399,000 Selling Price – $399,000 Days on Market – 13 March 2010 : Initial Asking Price – $366,000 Current Selling Price – $299,999 Days on Market – 76 Now in a short sale It’s a very interesting house. If you’re interested, ask me . 🙂

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Not Much Building in Fluvanna County

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Courtesy of the Free Enterprise Forum blog : Fluvanna officials recently released the annual Development Activity Report, which covers 2009. It highlights, in this case, the lack of development activity in Fluvanna over the past year. For example, residential building permits declined another 5 percent last year to 112, continuing the downward trend that began in 2001. … One final, and telling, statistic from the report: the average new home price in 2009 was just $160,118, twenty-eight percent below the average price in 2007. adf

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