The short answer is that Charlottesville real estate tends to hold value over time.
Fundamentals for the market are strong and most forecasts say that we are going to be in this sort of environment for the next 12 to 36 months.
Browsing Category Market statistics
Early February 2022 Thoughts on Charlottesville Real Estate Market
The Charlottesville Area real estate market is never boring.
Just a few things that I’ve been telling my clients this year, and things that I’m reading
Nest’s 2021 Market Year in Review
Want a look back at the 2021 Charlottesville area real estate market?
Dig in to Nest Realty’s 2021 market report overview.
A Bit of Early 2022 Charlottesville Area Real Estate Market Data
tl;dr: homes prices are up, demand is solid, interest rates are nudging up, inventory is low, and great representation is crucial.
How Fast Are Homes Selling in Charlottesville? in November 2021
Watching this week's Altos market update video made me curious.* How many homes in Charlottesville + Albemarle are going under contract immediately, as in, in 1 day or less? So I ran the numbers, because...
Charlottesville Real Estate Market Update – 3rd Quarter 2021
The story remains much the same as it has for the past 15 to 18 months: buyer demand across most market segments remains high, and inventory, while rising, remains low. The new report from the Virginia Association of Realtors is pretty good, and it’s linked here.
Being the broken record that I am, your micro-market will differ from the data presented in this report.
June 2021 Charlottesville Area Market Reports
The Charlottesville real estate market remains interesting. Some pockets are still incredibly competitive, some less so. I'm not being flippant or dismissive about the market, but the market is so incredibly varied that saying, "the...