tl;dr: homes prices are up, demand is solid, interest rates are nudging up, inventory is low, and great representation is crucial.
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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...
April 2021 Charlottesville and Albemarle Market Updates
I put these reports here for my sake as much as yours; I like to be able to find these later, refer to them, send them to clients. The blog is the best place for...
February 2021 Charlottesville Area Market Update
The Charlottesville real estate market is ... bonkers. With a broad brush, most houses are moving quickly right now; the velocity of this market is unlike anything I, and every Realtor I talk to, have...
Charlottesville Area Home Sales Report – 2020 | Inventory Down. Contracts Up
Putting this post and pdfs here for future reference; this report is looking to the past and not necessarily reflective of the real estate market in Charlottesville in Spring 2021. Dig into the PDFs below....