Looking at the first 77 Days of the past six years …
Just in Albemarle County, these are the number of homes with asking prices over one million dollars that have gone under contract in the first 77 days:
And a very basic list to sell chart for homes listed for at least one million dollars in Albemarle County. This does not take into account properties that
– Went under contract late in the year and closed in the following year
– Were withdrawn and re-listed (for less)
In Charlottesville and Albemarle County:
All told, the “million dollar” plus category has been a relatively small segment of the Charlottesville area real estate market, and from a high-level view seems to be relatively stable. More analysis to come …
Interested in Learning More?
I have been been representing buyers and sellers in Charlottesville, Albemarle, and Central Virginia since 2001. Get local insight born of experience.
Dig Deeper
There Is NO “National” Housing Market
I haven't done a Friday Chart in a while, but this struck me: This is a chart showing the inventory for Scripps Ranch in San Diego, courtesy of one of the best writers I know, Kris Berg. Contrast the above chart with the one for…
Question Everything – Especially Real Estate Reporting (Friday Chart)
“Last month the CAAR had about 2,900 homes on the market, only 95 of them sold." When I saw that number, my first thought was "What? That's awful. I need to double check that." From CAAR's page: Try as I might, I couldn't replicate these…
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. Showed two houses today. One - on market for 2 days w/ 2 offers. Other - on…
Friday Chart – Where are We *Right Now*?
For your review: The Nest Report for January 2011 (pdf) covering the Charlottesville Extended MSA (EMSA)* * EMSA = Charlottesville, Albemarle, Nelson, Louisa, Greene, Fluvanna (more…)