Monthly Archives: January 2010

Charlottesville Condominium Market Statistics

Of all of the real estate options in the Country, condominiums may have been hit the hardest over the last few years.  As the Charlottesville real estate market heated up in 2004 and 2005, developers and investors swarmed to purchase apartment buildings to convert them to Condominiums in hopes of cashing in on the real…

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Help Save the Crozet Library

Many of you have heard about the possibility that the Crozet library could be shut down because of budget cuts.  Jim Duncan has reported it on his Crozet real estate blog, RealCrozetVA, and his Charlottesville real estate blog, RealCentralVA.  You can read more about it The Hook, Charlottesville Newsplex, and Daily Progress. One of the commenters…

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Charlottesville Real Estate Market Statistics

Now let’s take a look at some market statistics for single family detached homes in the City of Charlottesville.  In real estate, we talk a lot about ‘Location. Location. Location.’  Typically, property values hold their values more in areas that are located closer to urban and employment centers.  Charlottesville is definitely the cultural and economic…

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Western Albemarle Home Sales History

Single family home sales in Western Albemarle (which includes Ivy and Crozet) seem to be showing some positive signs over the last few months. Total sales per month were higher in 4 of the last 5 months of 2009 as compared to 2007 and 2008 sales. A few more quick Charlottesville real estate statistics: –…

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Charlottesville Real Estate Market Stats: One Year Moving Median

At Nest Realty, we always spend time analyzing Charlottesville real estate market statistics to see what has happened, what is happening, and what may happen within our local market.  We’ve been taking a look at moving averages and moving medians in our market recently.  It’s always telling to look back at these charts and see…

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