Looking briefly at the homes that have gone under contract in Albemarle and Charlottesville from 1 January to 30 June (Juneâ€™s not yet over as of this writing) and if you do the math, youâ€™ll see that this yearâ€™s market is (broadly) moving a bit faster than last yearâ€™s. Iâ€™m looking forward to digging into the numbers.
Halfway through 2014 and the market remains odd. Low inventory in some market segments, high inventory in others, houses hitting the market prior to hitting the MLS more often than Iâ€™ve ever seen, new construction prices increasing rapidly, new developments selling like crazy, and Iâ€™m starting to look at data to figure out what the marketâ€™s been doing.
Questions, comments about the market? Let me know.