New Construction prices

Take note of one example in Crozet that has
been on the market for a couple of months, unsold as of
today.

11/10 -
$336,950

12/03 -
$344.950

01/25 -
$354,950

Move quickly. There is more
than adequate demand right now for builders to be able to recoup their holding
costs. Will this last? If yes, for how long? I do not know; what I do know is
that some new construction contracts are being written now with completion dates
of 2006.

About Jim Duncan

A Charlottesville Realtor who tries to stay on the bleeding/cutting/functional edge of technology and real estate trends. I have been selling real estate for the past 10 years, lived in C'Ville for twenty+ and am married to one of few Charlottesville natives left.
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