Monthly Archives: March 2012

February 2012 Nest Report For Charlottesville

Though the overall three-year sales trend line continues to be downward, we’re starting to see the Charlottesville real estate market pick up some steam. Overall, February sales were up almost 15% from 2011 (140 vs. 122). In addition to sales being up, total inventory levels and Months of Inventory were both down. We’ve been saying for while…

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What’s going on in the Charlottesville real estate market?

Answer: A lot. The past few weeks have been the most active stretch since 2005 or early 2006.  For the first time in years, we’re hearing the terms ‘multiple offers’, ‘escalation clause’ and ‘is this house still available?’ So what do we think is going on? 1. Some positive national real estate news has spurred…

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