Category Archives: Friday

All of the MLS (about 30+ counties)? – In Charlottesville/Albemarle in February 2011, 66 homes sold. – In Charlottesville, Albemarle, Fluvanna, Greene, Nelson, 106 homes sold. – In Charlottesville, Albemarle, Fluvanna, Greene, Nelson, Louisa, 133 homes sold and 172 went under contract. – In the entire MLS , (which is mostly irrelevant to my readers) 455 homes sold. For a better representation of real estate data that is relevant to real estate buyers, sellers, voyeurs, consumers in the Charlottesville MSA: Same information, different display: (I like this one as it gives a good understanding of the total volume we’re dealing with) As always, raw data is at the bottom of this post. … For the sake of accuracy, I typically discount/ignore aggregate days on market; they are so easily manipulated (such as by those entering new construction with 0 days on market to make their numbers look better, realtors gaming the mls , etc) – Even More about Days on Market – Days on Market Matter in Charlottesville – For consistency, I am excluding Louisa County. … Looking at this broad of a dataset is not useful when considering what your home may be worth. Raw data, inclusive of inadequate short sales and foreclosures: . Continue reading →

I'm always trying to get a handle on what's happening in the Charlottesville real estate market**, and while anecdotal evidence is useful, data is mighty helpful as well.

… Today we're looking for trends; as I've said for years, looking at data from any level other than this house (whatever that house is) can be misleading.

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… Every time I see just how dead 2009 was, I'm a little surprised, and thankful to have made it through that time period. Continue reading →