Stepping Back into Video – January 2022

In 2021 in Charlottesville and Albemarle, 2,914 homes sold with an average of 30 days on the market, and an average price of $522,000. In 2020, those numbers were 2,503, 54 days on market, and the average price was $499,000.

So I’m trying something new and also going back to our roots for 2022. I did these years ago and I’m gonna start again. Weekly-ish video updates on what’s happening in the Charlottesville and Albemarle real estate market, talking about supply, demand, market insights, and thoughts about what’s happening in our market, and what’s likely to happen in 2022 and beyond.

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Monthly Note Archives | November 2021 | Smoke Hoses Wallpaper, not Discriminating

Archives of my subscription-only monthly notes. This is for November 2021. Interested in not waiting a few days to read it, and want it straight to your email? Subscribe here.   For the re-posts here on the blog, I don’t do much formatting/changing as I’m more concerned about simply having the content here forever (because I own the blog, and I don’t own Substack. If you're...

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How Fast Are Homes Selling in Charlottesville? in November 2021

Watching this week's Altos market update video made me curious.* How many homes in Charlottesville + Albemarle are going under contract immediately, as in, in 1 day or less? So I ran the numbers, because just a top-level look doesn't tell the story. In Charlottesville & Albemarle: — 2,232 not-new construction contracts were written between January 1 2021 and November 14 2021 - 129 had...

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