Tag Archives: statistics
Greene County Real Estate Market Update – August 30 2011
What does this mean? It means simply that the Greene County real estate market – and Greene County itself – is becoming more self-sufficient and independent of Charlottesville-Albemarle (CharlAlbemarle). People are choosing to buy and live in Greene County and don’t have to commute into the City of Charlottesville or Albemarle to work. I’d *love* to see updated commuting data from the US Census.
This is just a reasonably high-level overview of the Greene County real estate market. If you’re curious about what’s happening in your location in Greene, or are currently searching for homes for sale in Greene, please feel free to contact me anytime with questions.
Sold listing volume is down just a bit in Greene County year over year:
Charlottesville Real Estate Market Update: Transaction Volume for 2000 – 2011
Part Two of … See Part One – Charlottesville MSA – Single Family & Attached Homes Placed Under Contract – First Five Months
Looking at the Charlottesville MSA for transactional volume history … what we need is stability and consistency. Once we can reach a relatively stable number of transactions, I think we’l be able to start to see normalcy, whatever that is … maybe ~ 1000 transactions per year?
For the first five months of the year, what we’re looking at here is everything – single family detached homes, attached homes, new construction, resale, condos … Continue reading
What’s Selling in Charlottesville? Single Family, Attached homes or Condos?
Part Three of …
One of the most common questions I get is – what is selling in Charlottesville and Albemarle? Condos? Attached homes? Single Family? A look at the data gives a look at some answers …
NB:
- I’m keeping this focused on only the City of Charlottesville and the County of Albemarle as that is where the bulk of the attached homes and condos are located.
- Single family homes have come to be more affordable, leading to a decline in transactional volume within the condo and attached home segments of the market.
- 2005 was very good for condo conversions; now the condo conversions have been decimated in value.
- Attached homes can be very attractive – newer ones in good condition price right, especially so.
- Homeowners Associations’ fiscal health is likely to be more and more of an issue as this market correction continues to correct.
Nest’s 1st Quarter 2011 Real Estate Market Report
I’d say this is a bit more in-depth and in line with my readers’ expectations. Download the PDF: Nest Realty Group’s 1st Quarter 2011 Market Report Continue reading
Question Everything – Especially Real Estate Reporting (Friday Chart)
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
Friday Chart – Charlottesville MSA Real Estate Update – First 47 Days
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.
…key=0AsdZ2NoUfJTrdGRFQUxzbUJfYmNjc2FVbENkbnhsOVE&range=A1%3AM4&gid=8&transpose=1&headers=1&pub=1″,”options”:{“displayAnnotations”:true,”showTip”:true,”nonGeoMapColors”:["#0000ff","#DC3912","#FF9900","#109618","#990099","#0099C6","#DD4477","#66AA00","#B82E2E","#316395"],”reverseCategories”:false,”titleY”:”Volume “,”dataMode”:”markers”,”maxAlternation”:1,”pointSize”:”0″,”colors”:["#0000ff","#DC3912","#FF9900","#109618","#990099","#0099C6","#DD4477","#66AA00","#B82E2E","#316395"],”smoothLine”:false,”lineWidth”:”2″,”labelPosition”:”right”,”is3D”:false,”logScale”:false,”hasLabelsColumn”:true,”wmode”:”opaque”,”title”:”Single Family Homes in Charlottesville MSA – Listed, Contract, Sold”,”legend”:”bottom”,”allowCollapse”:true,”reverseAxis”:false,”isStacked”:true,”mapType”:”hybrid”,”width”:700,”height”:393},”refreshInterval”:5}
… 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
The Nest Report – Charlottesville Real Estate Market update
Please read, digest, ask questions. Download it here or read it below the fold.
Charlottesville real estate market report Continue reading
