Tag Archives: Albemarle real estate market

Second Quarter Charlottesville Real Estate Market Report

The second quarter real estate market report has just been released by the Charlottesville Area Association of Realtors. Happy reading. 2010 2nd Qtr CAAR Market Report Continue reading

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Pick up this week’s C-Ville – Living as a Charlottesville Local

(#10) If you’re in town, pick it up for their “Summer in Charlottesville” insert; I think it’s quite excellent. If you’re not, let me know and I’ll scrounge up a copy for you. … One or the other. :) ( #15 ) While you’re there, feel free to vote for yours truly as “best real estate agent” in Charlottesville . ** why the asterisks? Because when folks refer to “Charlottesville” they typically are referring to “the Charlottesville area” – meaning Charlottesville and Albemarle, and often Nelson, sometimes Greene, frequently Fluvanna and sometimes Louisa. Continue reading

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Vacant Homes for Sale in Charlottesville and Albemarle – June 2010

In January of this year, I looked at the number of vacant homes for sale in Charlottesville and Albemarle . … 2 – Sometimes the sellers are more negotiable, basing their asking prices on what the house is worth rather than what they need to make. As with all homes for sale, there is no rule, consistent percentage to offer under asking price, rhyme nor reason to sellers’ motivations to sell or price.

… Related Posts : Vacant homes in 2007 Vacant Homes (January 2007) Consistently Vacant Homes in Charlottesville (2008) Vacant Homes and Homeowner’s Insurance Raw Data : Continue reading

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Weekly Charlottesville Real Estate Market Update – June 1 2010

Look back at the data from the first of the year … analysis of “where we are now” coming soon. It is too soon to pull the data on sold homes in the Charlottesville region via the Charlottesville MLS; usually it takes a few days for all the transactions to be entered.

…Briefly: 1 – If you’re a buyer, be patient and informed. … Number of single family homes put under contract in Charlottesville/Albemarle between 1 May and 31 May: Number of properties put under contract in the Charlottesville MSA between 1 May and 28 May: Real estate prices just for the City of Charlottesville, comparing median prices in the top and bottom quartiles: Real estate inventory just for the City of Charlottesville, comparing inventory levels in the top and bottom quartiles: I’m thinking the dip might have something to do with the homebuyer tax credit. Continue reading

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Albemarle County Budget – 2010 – Reductions all Around?

If you’re pressed for time or attention span, start with the Budget Summary (pdf) – that’s where I found this unfortunate nugget:

…One-time funding for this program in FY 10/11 could be available and considered for reappropriation if this program does not meet its anticipated demand in FY 09/10

Find the fat, suggest changes (the first public hearing in 3 March at 6pm at the Lane Auditorium at the Albemarle County Office Building ). This is a hard year for localities’ budgets – Charlottesville , Fluvanna , Greene , statewide (and nationwide ), and Albemarle County is no different. – There is a great discussion at cvillenews , with Jeff Uphoff getting his math on in the comments . – There’s a petition to “fully fund” Albemarle County Schools . – The Daily Progress details the discussions on how to cut teachers . Continue reading

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Charlottesville Median Inventory Update – End of February

A brief update on the Charlottesville, Albemarle and Charlottesville MSA real estate markets … for single family homes.

For much more real estate data and charts, click through to sign up for spam-free updates. As always, please let me know what questions, comments, insight you may have, either in the comments or via email – jim AT RealCentralVA DOT com.


[altos_regional_chart regionId="52648526" rt="sf" ra="a,c" q="a,c" left="price" size="i" timeSpan="e" /]

[altos_regional_chart regionId="52648528" rt="sf" ra="a,c" q="a,c" left="zip_region_inventory" size="i" timeSpan="e" /]

[altos_regional_chart regionId="52648531" rt="sf" ra="a,c" q="a,c" left="zip_region_inventory" size="i" timeSpan="e" /]

(everything prior to November 2009 is clearly inaccurate; the data needs seasoning)Continue reading…

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