I’ve written before about winning and losing offers. The early 2022 market is not showing many signs of relief for buyers.
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
Want a look back at the 2021 Charlottesville area real estate market?
Dig in to Nest Realty’s 2021 market report overview.
The shifting Charlottesville real estate sellers’s market in Winter 2022. Will accept offers until …
In 2021 in Charlottesville and Albemarle, 2,914 homes sold with an average of 30 days on the market, and an average price of $522,000. In 2020, those numbers were 2,503, 54 days on market, and the average price was $499,000.
So I’m trying something new and also going back to our roots for 2022. I did these years ago and I’m gonna start again. Weekly-ish video updates on what’s happening in the Charlottesville and Albemarle real estate market, talking about supply, demand, market insights, and thoughts about what’s happening in our market, and what’s likely to happen in 2022 and beyond.
tl;dr: homes prices are up, demand is solid, interest rates are nudging up, inventory is low, and great representation is crucial.