Tag Archives: 22911

Charlottesville Real Estate Data Nuggets

Looking at the weekly real estate data reports for Charlottesville and Albemarle, two points jump out: – Percent of Properties with Price Decrease 26 % – Percent Relisted (reset DOM) 9 % I’m not 100% confident with 26% having price decreases, but it feels about right. The relisted number feels right too – this is the percent of homes that have come on the market for a second or third time … … Download them all for yourself below or sign up to receive weekly automatic (spam-free) delivery . Charlottesville Single-Family Homes Charlottesville Attached Homes and Condos Charlottesville and Albemarle Single Family Market Update Charlottesville and Albemarle Attached Homes and Condos – real estate market update Continue reading

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More Charlottesville Real Estate Data than You Might Have Wanted

This is going to be a developing post as I read through Barry Merchant’s presentation from this morning. Barry Merchant’s VHDA presentation at Charlottesville Area Association of Realtors (PDF) Additionally,

Nest Report Here is an advance copy of the Nest Report, what we believe to be the best, most “comprehensive and transparent analysis of the residential real estate market in Charlottesville, Albemarle and surrounding counties, prepared quarterly by Nest Realty Group.” Nest Report – Year End 2009, Predictions for 2010 (PDF) Comments, feedback and input welcomed. Continue reading

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Useful Unemployment Map

This is a useful Unemployment Map for Charlottesville and Albemarle – Click through to the Washington Post for the interactive version . I suspect that the region’s unemployment and underemployment rates are higher than indicated. For a real scare, click the “autoplay changes” button Unemployment Map for Charlottesville and Albemarle - Thanks to the Washington Post Continue reading

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When Does the Charlottesville Real Estate Season Begin?

Left as a message via the message box on the right last night: I’m looking for a house, but can’t find what I’m looking for east of town in the right price range. When do you think the “season” will begin and we will see more of a variety of listings on the market? … What this doesn’t show is what percentage of these listings sold or what their prices were … that’s a story for another day. If you’re interested in more detailed market reports about the Charlottesville regional real estate market, you may be interested in these reports: Continue reading

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Thank you Charlottesville Media – Snowpocalypse

Thank you to: CBS19 – Twitter NBC29 – Twitter If you’re looking for closings, the above two are probably the best places to go. Daily Progress – Twitter . The HooK – Twitter C-Ville cvillenews – Twitter VDOT – 511.org – Traffic cameras of interstates and other roads I assume WINA radio was on top of their game too, but I don’t listen to radio at home. Continue reading

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Friday Chart – 23 October 2009

With the release of the Virginia Association of Realtors’ Third Quarter Homes Sales Report, I thought it would be interesting to see how Charlottesville’s and Albemarle’s home sale data looked over the years.

For total homes sold in Charlottesville and Albemarle:

Single Family Homes Sold in September in Charlottesville and Albemarle:

For detailed Charlottesville Virginia real estate market reports, look no further:

The 3rd Quarter “Nest Report”

(nearly) Third Quarter Market Report for Charlottesville Region

Additionally, if you would like to help me vet some new market reports for the Charlottesville area, please let me know. The … Continue reading…

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NGIC and DIA – Coming to Charlottesville – Really!

As seen on Twitter:

Twitter _ hull_j_ DIA estimates ~5k populati ....jpg

Bryan McKenzie reports in today’s Daily Progress

Employees of the Defense Intelligence Agency will begin moving in January to the military’s Joint-Use Intelligence Analysis Facility at Rivanna Station in Albemarle County, carrying more than 800 jobs with them from elsewhere, said Jim McIlmail, of the DIA.

McIlmail told members of the Charlottesville Regional Chamber of Commerce at the Charlottesville Business Expo luncheon that an additional 600 jobs could be created and filled by local residents.

“This is a real big deal for the DIA as much as it is for the community,” McIlmail said.

Continue reading…

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Charlottesville Area Real Estate Market Report – 3rd Quarter 2009

As with most everything when looking the Charlottesville area real estate market, look for the trends, rather than the specific data points. The Nest Report is coming shortly as is the market report I do every quarter.

Top-level numbers are misleading at best and deceptive at worst. I firmly believe that high-level analyses tend to influence buyer and seller psychology more than provide specific insight. Real estate is local, granular in some cases, and to get a real feel for the market, it is crucial to understand what happens in Northern Albemarle County (22911) may be very different than … Continue reading…

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