Monthly Archives: August 2010

Montgomery Ridge Home Sales Market Report and Neighborhood Video

Located just off of Polo Grounds Road on Route 29, Montgomery Ridge features single family homes on lots ranging from .5 to 1 acre. This secluded neighborhood of 53 home sites has both homes and lots still available. Montgomery Ridge homes are just minutes away from the Hollymead Town Center, Route 29 Shopping, NGIC, GE,…

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Zillow Reports Homeowner Confidence Fell in Q2 2010

Zillow reported that homeowner confidence fell in the 2nd Quarter.  Here’s a quick recap of their findings: – 33 percent believed home values in their local housing market had not yet reached a bottom, while 38 percent believed they had already reached a bottom. – 28 percent of homeowners said home values in their local real…

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Barracks, Rio, 29 North, and Earlysville Home Sales Holding Through July

With the fairly significant drop in home sales throughout Charlottesville and Albemarle County in July, many sellers are beginning to become wary of their ability to move their home in 2010.  Some pockets of Charlottesville continue to chug along, though.  Real estate in the Albemarle High School District (which includes Barracks Road, Rio, 29 North,…

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Western Albemarle Single Family Home Sales

If you’re a loyal reader of the Nest Report, this post may sound a little familiar to you.  To give a little background, we’ve been scouring through Charlottesville real estate market data from the first 7 months of 2010…and comparing sales statistics to year’s past. This time, we’re taking a look at single  family home…

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Albemarle County Attached Home Sales

The homebuyer’s tax credit continues to show some positive effects on sales throughout Central Virginia.  The latest benefactor seems to be attached homes in Albemarle County.  (In this area, attached tends to refer to town homes and row homes)  Sales of attached homes in Albemarle County are up 20% year-over-year…quite a jump considering many people…

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Old Trail Home Sales On The Rise

With a fair amount of uncertainty in the Charlottesville real estate market, there are still a few bright spots.  Located in Crozet, single family home sales in Old Trail over the last 12 months are up 60% from the previous 12 months (24 vs 15).  Construction activity is up with a combination of custom homes…

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Forest Lakes Neighborhood Video

With approximately 1,400 homes, Forest Lakes is divided into two main sections – Forest Lakes North and Forest Lakes South. Community amenities include: six beautiful lakes, wooded lots, miles of walking/biking paths, two large swimming pools, two basketball courts, 10 tennis courts (8 lighted), two soccer fields, and a fitness center. Some Forest Lakes homes…

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Albemarle Single Family Home Sales July 2010

The last 12 months (8/09 – 7/10) of single family home sales in Albemarle County show a big jump over the previous 12 months (8/08 – 7/09).  The most recent 12 months reflect an over 16% jump in total Albemarle County single family home sales (717 vs. 616).  However, sales in July of 2010 dropped…

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