The Weldon Cooper Center has released a study (archived: 2007) showing population increases throughout the Commonwealth. The Thomas Jefferson Planning District (our region) has seen a fairly significant increase in its population – 7.5%.
Albemarle has seen a provisional change of 7.4%.
Charlottesville – (-.5%)
Greene – 11.2%
Fluvanna – 24.4%
Louisa – 12.1%
Nelson – 4.2%
The above numbers are the total percentages, combining the natural increases and the change due to migration. Settlement patterns continue to fascinate me. Even if we don’t build the roads, apparently people continue to come here. Where, however, is the Tipping Point?
Supply and demand (and interest rates) has thus far kept housing prices increasing. With growth such as this, I think that we are on track to maintain a moderate increase in prices, so long as government stays out of the free market.
Thanks to Bacons’ Rebellion for the heads-up.
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I have been been representing buyers and sellers in Charlottesville, Albemarle, and Central Virginia since 2001. Get local insight born of experience.
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