MARKET STATISTICS
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…
MARKET STATISTICS
Quick Charlottesville Real Estate Market Update – May 2025
The Charlottesville real estate market is changing. Shifting. Fracturing. Differing. The top-level highlights for the curious Charlottesville real estate consumer, or for those of you who are actively considering buying or selling a home in Central Virginia this year: Real estate inventory is up, higher…
MARKET STATISTICS
2024 Charlottesville Real Estate Market – Nearly a Wrap
Yesterday I did the last Charlottesville Reddit AMA of the year. We talked market, growth, infrastructure. Today's part of the recap is about the Charlottesville real estate market. Have a question? I'm always happy to talk, or meet for coffee or a pint. Reach out…
MARKET STATISTICS
Nearly-End of May 2024 Charlottesville Market Anecdotal Update
I am going to be delving more into the numbers in my June 2024 Monthly Note. For now, I thought this was an interesting anecdote. A client asked me how the Charlottesville real estate market was moving, if there were still multiple offers, over asking,…
GENERAL REAL ESTATE
Nest Realty’s 2023 Annual Report
Market data is fun. Beautiful display of data is useful. Market data + beautiful display *and* appropriate context = relevance. Nest Realty's Annual Report is out, and it's beautiful. Want a copy? I'll gladly mail you one. (Just ask me) or download it here. For…
GENERAL REAL ESTATE
Level-setting the 2024 Charlottesville – Albemarle Real Estate Market
2023 continued the 15 year-plus trend of too little inventory, and more buyers than sellers. Market dynamics seen before (supply & demand), and dynamics unseen (skyrocketing rates & increasing rather than decreasing sales prices). This is a level-setting post, not one from which to draw…
MARKET STATISTICS
Charlottesville Area Market Update – October 2023 | Low(er) Inventory, Stable(ish) Prices
The Charlottesville area real estate market continues to plod along, with few significant changes as interest rates continue to rise higher and higher. A few highlights from the Charlottesville Area Association of Realtors' most recent market report.* Sales activity remains sluggish in the CAAR region…
ALBEMARLE
October 2023 Charlottesville Real Estate Reddit AMA – Buyer Letters, Market Updates, and More
Repurposing content is useful. My third Charlottesville Real Estate Reddit Ask Me Anything (AMA) was objectively, informative (I learned some things), timely, and fun. I'm posting the initial post here, as well as a few of the discussion threads -- there were a lot of…
MARKET STATISTICS
Quick Charlottesville Market Stats – 9 October 2023
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…
GENERAL REAL ESTATE
When Do Homes Come on the Market in Charlottesville and Albemarle? (2023)
It's been a challenging year(s) for buyers in the Charlottesville area. While it's been this way for years, the past three years have been exceptionally hard. - Low inventory - High prices - Higher interest rates than a generation of buyers have seen - 42%…