Sold Properties by Property Type in Charlottesville and Albemarle

Posted on April 12, 2009 by Jim Duncan

A few charts to whet your appetite in advance of tomorrow’s market report:

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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  • http://newhomesbyrichard.com Richard Stabile Bergen County Real Estate

    Jim,
    It seems to me that your market is hitting a slow bottom. Not a rough decline as in the speculative markets of Southern California, Florida, Nevada, and Arizona. Those markets came down hard as much as 60% and now are on fire with sales. I think the other less speculative markets are going to take all year to roll out in a slow move to consolidate and grow again 2010 in a normal way. We are see in our market in Bergen County New Jersey a lot more activity. I think it is going to keep up with all the price reduction and the mortgage market full of the fed’s money.
    I hope you see the same. I have been studing markets all around North America and it seems to be hopping a bit. The markets with the least declines are a little sluggish, but that will change.

  • patient buyer

    Jim, would you pls share some info reg actual sold price vs asking price and vs county assessment for the 1st Q. What are the trends in pricing (a gap between asking, assesment and sold) compare to the last Q and to the same Q a year ago?
    A link to a list of single houses sold in Albemarle in April, 09 (like the one u provided in BB for Feb. ) would be also highly appreciated.
    Thanks

  • http://www.realcentralva.com Jim Duncan

    Patient buyer -

    I’ll post that next week.

    Thanks!