A New Theory on Buyers in Today’s Real Estate Market

Put simply – buyers want to buy. And a lot of them are tired of waiting.

Categorizing the Charlottesville real estate market:

– 20% distressed
– 20-30% is overpriced
– 20-25% is stuff that no one wants to buy
– 20% is in great condition, priced really well and is selling in under 60 days. *

Right now* there are 2122 homes on the market. 410 are currently under contract; 177 (43%!) have continuous days on market of under 30 days and 219 (53%) have CDOM of under 60 days.

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  1. Pingback: Case Shiller Doesn’t Track Charlottesville’s MSA – or – Nest Realty’s 4th Quarter Report | | RealCentralVA.comRealCentralVA.com

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