Looking back at a decade of attached home sales in the Charlottesville MSA* – Albemarle, Charlottesville, Fluvanna, Greene and Nelson – seems that the peak
Scanning through these numbers clearly demonstrates several things:
– High-level analyses such as those found in the Case-Shiller reports are meaningful from one perspective – that of confidence and trends.
– The respective peaks for various localities were in different. Albemarle may have peaked in 2006 while Charlottesville’s was 2007.
– Transactional volume matters. Look at how easily Nelson’s numbers can be skewed.
– For a real analysis of how much your home or the one you may be considering buying might be worth, you absolutely, positively need an analysis specific to your home, your neighborhood, your area.
2001
* There were no attached homes sold in Greene County via the Charlottesville MLS in 2001.
2002
2003
2004
2005
2006
2007
* There were no attached homes sold in Greene County via the Charlottesville MLS in 2001.
2008
2009
2010
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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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