With respect to today’s Charlottesville real estate market, 2022 is irrelevant. First and second quarter 2023 are equally irrelevant. What matters is what is happening right now.
With that, a few stats that I’m putting out, with the question — what real estate market stats are you curious about?
For this post, I’m looking only at Charlottesville + Albemarle.
- In 2013, there were 1,942 homes sold; 477 (24.56%) were marked as cash in the MLS.
- From January to June 2023, 1,101 homes have sold; 344 (31.22%) were cash. From 1 July to 8 October – 532 & 177 – 32.33%.
- For just June – July – August
- 2023 – 508 sold
- Average price: $646,116
- Median price: $510,498
- Average days on market: 25
- Number of New Construction: 135 (26.57%)
- 2022 – 668 sold
- Average price: $ $568,362
- Median price: $455,000
- Average days on market: 18
- Number of New Construction: 111 (16.61%)
Short summary:
Not much has changed in the past few months.
Here’s to more inventory in 2024.
(Visited 88 times, 1 visits today)