They say that pictures say what words cannot – Listing volumes for Waynesboro and Augusta List to Sell for Waynesboro and Augusta Days on market : 2005 – 104 2006 – 105 2007 – 126 2008 – 144 Contact me if you would like more detailed information, market statistics or other market data for Waynesboro and Augusta. This market is not immune to the current market volatility.
Posts tagged Market statistics
30% “Discounts” on Condos in Charlottesville
Aside from the fact that this will screw up/skew the Days on Market data, click on the image below for a real shock. 
I think this may be an ongoing trend in the condo conversion developments such as Hessian Hills, Barracks West, 1800 JPA … as such, if you’re looking at an investment, now may be a very, very good time to pick up a condo or three. … Charlottesville is a fairly dense locale and it’s only going to get more dense and more densely populated … these locations are very good and will still be good in three, five, ten years and beyond.
Download the Charlottesville Market Report
Get it here .
(nearly) Third Quarter Market Report for Charlottesville Region
There are currently 381 homes under contract in Central Virginia: 41 have been on the market for at least 365 days, 102 have been on the market for at least 180 days and 163 have been on the market for at least 90 days but – 175 have days on market of at least 60 days 129 have days on market of under 30 days About 46% of homes currently under contract have days on market of under 60 days.
… Breakdown by locality – Days on market are up, year over year, average sales prices are up and median prices are about the same as 2007. 2008 
2007 
2006 
2005 
2004 
Agent Update: Through 3rd Quarter 2008 : 80 had more than ten sides, 223 had more than five sides, 654 had at least one, leaving about 450 with zero transactions Through 3rd Quarter 2007 : 121 had more than ten sides, 297 had more than five sides, 740 had at least one, leaving several hundred (which is historically normal) with zero transactions Through 3rd Quarter 2006 : 166 had more than ten sides, 338 had more than five sides, 792 had at least one, leaving several hundred (which is historically normal) with zero transactions Through 3rd Quarter 2005 : 182 had more than ten sides, 368 had more than five sides, 723 had at least one, leaving several hundred Realtors (which is historically normal) with zero transactions Through 3rd Quarter 2004 : 180 had more than ten sides, 334 had more than five sides, 654 had at least one, leaving several hundred (again, which is historically normal) with zero transactions For context, see the Second Quarter 2008 market report and all market statistics posts here.
Charlottesville Real Estate Market Report Coming Monday
After five-plus hours of looking at data, crunching numbers, and thanking Google Docs, the Charlottesville area market report is finished and will be published on Monday. If you want an early look at the comprehensive report, please contact me .
New Construction, Median Sales Prices and Sales Volume for Central Virginia
Albemarle County realeased ( sic ) numbers for the first part of 2008. 266 building permits for new residential housing units were issued in the first six months of 2008. … One of my goals for next month’s third quarter market report is to pull condos out of the equation so that we can better compare apples to apples. 2008 
2007 
2006 
2005 
2004 
For an example of the condo component of the market (again, more detailed analysis coming in early September): Condo volume in 2008 in Albemarle County is down nearly 40% and condo volume is down in the City of Charlottesville is down about 35%. 2006: 
2007: 
2008: 
* this post is a good segue way into my post recapping my week so far in Austin, Texas .
Third Quarter Market Report Coming Soon
I intended to post an update in August, ( even with the thought that we’re tracking the market too closely ) but saw that too many properties were being slowly closed out in the MLS, and that the data wouldn’t be as up to date as I wanted. … As I said yesterday in an email and on Twitter – Every day I see contrasting nuggets of information that serve only to confuse me about the Charlottesville real estate market.