Micro markets matter … in all markets. Take the top level real estate data with a grain of salt.
The Charlottesville – Albemarle regional market is no different than any other market. When you read market reports, take them as a guide, but know that your market – whether you’re buying or selling a home in the Charlottesville area – will be somewhat unique and different.
Take a few moments to click through the images below. I searched the Charlottesville MLS for homes in Charlottesville and Albemarle that are under contract or sold, with contract dates since the first of the year, that are not new construction.
Note how quickly we go from 109 homes under contract, median days on market of 24, median asking price of $319K … to 3 homes under contract, median days on market of 2, with a median asking price of $385K.
Don’t make life decisions using the wrong, and most relevant-to-you data.
Questions about the market? Just ask.
Note: the featured image? It’s a grain of salt. Get it?
Charlottesville – Albemarle
City of Charlottesville
Charlottesville High School
Pingback: C'Ville Market Snapshot, Expensive Lesson Learned | Monthly Note Archives - RealCentralVA.com
Pingback: 1st Quarter Charlottesville Real Estate Market Report - Here's the Turn - RealCentralVA.com