Over or Under Asking Price for Homes Sold in August in Albemarle County?


The 2025 Charlottesville – Albemarle real estate market is likely a very different one than when you last bought or sold a home.

I’m not going to write a full market analysis post, but thought this was a useful look at one broad market segment in Albemarle County.

I looked at resale sold via MLS single family homes in Albemarle County in August of 2025, 2021, and 2007. The numbers speak for themselves.

A brief window into days on market

  • Median days on market for resale sold single family homes in Albemarle County – 19.
    • In 2024, that number is 9

Solds are looking at contracts written 45-60 days ago. For a more up to date look, I look at pendings.

  • Median days on market for resale single family detached homes in Albemarle County for 8/1 to 9/18:
    • 2025: 16 (135 contracts)
    • 2024: 13 (131 contracts)
    • 2023: 6 (93)
    • 2022: 8 (147)
    • 2021: 7 (174)
    • 2020: 21 (219)
    • 2019: 38 (145)

And via BlueSky via Rich Fravel

Using BLS calculator for equivalent August 2025 buying power.
2025: $545,000 -> $545,000
2021: $399,000 -> $472,500
2007: $357,500 -> $557,056
Interesting. Guessing 2007 median price reflects August housing market “bubble” before the later subprime mortgage crisis and collapse.

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